THELOGICALINDIAN - With the contempo access in acceptance of the blockchain technology abounding accept that it is alone a amount of time afore this tech enters the boilerplate However to do that it will aboriginal charge a agitator and abounding accept been apprehensive for a while aloof what that ability be
According to Loom Network’s contempo Medium post, blockchain technology may accept begin that agitator in assorted blockchain-based games.
The column acicular out that the abundant contempo announcements fabricated by the aggregation circumduct about Zombie Battleground, a collectible agenda bold based on the blockchain technology. Ethereum’s blockchain, to be exact.
Loom Network Aims to Enable Mullion-User Ethereum dApps
For over 10 months now, the aggregation has had a ample ambition of active million-user dApps on Ethereum’s network.
This ambition remains, and while they affirmation to generally access a class of blockchain games, it is still accessible to actualize annihilation on the network. This includes annihilation from a new blockchain-based amusing network, to an absolute decentralized exchange, or a abstracts administration platform.
When it comes to blockchain technology and its potential, possibilities are endless. Especially back it comes to Ethereum’s blockchain, which has been accepted for years as a go-to abode for anybody adulatory to body a dApp. The acumen abaft Loom Network’s focus on amateur is the actuality that they accept that the aboriginal dApp that will ability millions of users will acceptable be a game.
As the aggregation explored blockchain technology, they acquired a added compassionate on how to actualize a “killer dApp.” Their goals accept remained the same, but the adjustment for accomplishing those goals had to change in adjustment for the close to be successful. Eventually, the aggregation accomplished that absorption on a bold industry is the best bet for blockchain to ability boilerplate acceptance and beyond levels of adoption.
Ethereum’s Biggest Problem is Not Scalability
At the time the aggregation was launched, anybody was talking about scalability issues that cryptos are facing. While scalability charcoal amid the better problems, it is acceptable not THE better problem, according to Loom Network. The better botheration is user adoption. Ethereum acceptance is still too far from the adapted cardinal of alive users.
After exploring the acceptance of dApps, the aggregation apparent that decentralized exchanges are amid the best accepted ones. These are followed by gaming, while gambling-related dApps booty third place. However, the botheration is that alike the best accepted dApps accept alone a scattering of users, generally alone a thousand or two thousand at best.
Even if all those application the top 100 dApps are combined, there is still beneath than 10,000 individuals in total. As a comparison, Facebook has over 1.4 billion users daily, while Twitter has added than 157 million. Far beneath than Facebook, but unimaginably added than Ethereum dApps. Clearly, Ethereum lacks something, and the aggregation pinpointed two above roadblocks against boilerplate adoption. According to them, those are the abridgement of accepted dApps and friction.
The column claims that the two are angry together, and explains the acumen abaft low dApp usage. According to them, apps that are difficult to use usually alarm off all but the best motivated users. The band-aid is to accomplish dApps simpler to use and to accomplish added “killer apps” on Ethereum blockchain.
The Solution
While abounding see this bearings as a difficult one, area alone one of the two roadblocks can be calmly taken affliction of, Loom Network absitively to accouterment them both at the aforementioned time. Their ambition was to actualize dApps that are as simple to use as centralized ones and to focus on those dApps that would allure ample numbers of motivated users. The above catechism was what to focus on, and the acknowledgment presented itself rather bound — games.
With the abstraction of gaming in mind, the aggregation conducted analysis to bare aloof how accepted amateur are these days. Results were added than promising, with about 2.2 billion individuals anecdotic as gamers all about the world. Slightly beneath than bisected of that cardinal (1 billion gamers) were begin to be consistently advantageous users.
Clearly, the gaming industry is a huge one, and additionally one that keeps growing on a circadian basis. While offline gaming charcoal a actual accepted anatomy of gaming, it is online gaming that has apparent a ample acceptance billow in the aftermost few years. With that in mind, blockchain technology seems like a absolute match, abnormally back it can accompany abundant allowances to this anatomy of gaming.
Things like accurate buying of items aural a bold can acquiesce users to buy and advertise such items freely. This is additionally an befalling for blockchain technology to jump in, accouterment microtransactions. Fairness, absolute modability, and account absence are alone a few of the added allowances that blockchain can provide.
Through all of these, as able-bodied as other, benefits, online gaming can become alike better, and added assisting for gamers. At the aforementioned time, thousands, or alike millions of new bodies will be alien to the blockchain technology and its accurate potential. At the aforementioned time, gamers will accept their aboriginal cryptos as a accolade from the game, or from affairs a attenuate account to addition player. Through this method, gamers will additionally apprentice about cryptocurrencies, and what they can do with them.
Due to added absorption from all these gamers, the appeal for added use cases will grow, and the accumulation acceptance will be alone a footfall away.
