In 1982, a concerned parent wrote into the New York Times, complaining that emerging video games were “cultivating a generation of mindless, ill-tempered adolescents.” Forty years later, the game industry is bigger than the film and North American sports industries combined. And recent studies have revealed that parent’s concerns to be exaggerated. Not only have they found no link between video games and aggression, but several studies are finding genuine benefits of playing video games. But any time a new technology is introduced, the luddites aren’t far behind, complaining about its connection to the downfall of civilization.
It was true of video games back in 1982. And it’s true of NFTs and blockchain-based applications and games today. But just as the fears of that parent back in 1982 were overblown, the same is true of many now who are whining about the implementation of NFTs into gaming. What they don’t realize is that NFTs will finally transform gaming from a fun hobby into an actual investment.
And Starchi is at the vanguard of that transformation.
Traditionally, video games have been a money and time waster. Arcade machines were designed to be as difficult as possible so players would have to keep putting quarters in the slot. And that’s the model video games have generally followed for the past forty years. The only difference is that, when video games were brought into the home, they had to adapt to keep people putting money down — with downloadable content (DLC).
Fortnite is probably the best recent example. While you don’t have to pay anything to play Fortnite, Epic, its publisher makes around $3 million per day from players who purchase emotes, skins, and accessories. But once players have those digital goods, they can’t do anything with them. They can’t resell or trade them. And if they ever decide to quit playing Fortnite for good, their digital stuff is as good as a pile of ash.
The minds behind Starchi intend to change that.
This revolution in digital ownership is already making waves in a wide variety of industries, including real estate, finance, and more. But one of its most interesting areas of impact is in the video game market.
NFTs allow video game companies like Starter.XYZ (the minds behind Starchi) to offer players more than emotes, skins, and accessories. Players get digital assets that are unique and, thus, scarce. And since NFTs take advantage of the security and transparency of the blockchain, players own these digital assets in a way that simply isn’t possible with traditional video games or DLC.
There are people around the world who currently make their living from playing play-to-earn games like Starchi. These aren’t streamers or YouTubers. And they don’t need expensive video game rigs. They’re everyday people — many of whom are living in impoverished countries around the world — who are earning over $1,000 per month playing video games.
How does it work?
Unlike traditional video games, play-to-earn games like Starchi don’t require the player to purchase a separate console or game. Instead, they buy digital assets to use in the game. For example, since Starchi is a Tamagotchi-inspired game that has players hatching creatures, evolving them, and using them in battles against others, players will purchase individual Starchis for the purpose. Those characters can then be leveled up, used for battle, and more. If a player does particularly well, he can sell his Starchi to someone else for real money and keep the profit or reinvest it into a new Starchi. In addition to buying and selling characters, players will also be able to earn money through a variety of other in-game activities.
This is a fundamentally different model from what the video game industry is currently doing. With traditional game companies, it’s all about how to get players to spend as much of their money as possible. With StarterXYZ’s Starchi, it’s all about involving players in the game and giving them a chance to earn money based on their skill and personal investment.
While there are still plenty of skeptics out there, looking at NFT-empowered games like Starchi with a suspicious eye, they’re dwindling. More and more people are realizing the incredible potential in these games. And it won’t be long before today’s naysayers look just as backward and foolish as people in the early 1980s complaining that video games would usher in an era of chaos and ignorance.
About Starchi:
Starchi is a Starter.xyz incubated DeFi game built on the Polygon network. The theme of the game centers on the adoption of unique creatures, known as Starchi, from infancy and nurturing them into adulthood. The game has a built-in play-to-earn economy that offers players wages and rewards based on their completion of certain tasks. The game will function on a dual token economy, $START and $ELIXIR. The $START token is designed to be used to gain access to trade Starchi and play the game while the $ELIXIR will be used to gain access to different in-game and economic rewards.
Website: http://starchi.gg/
Twitter: http://twitter.com/OfficialStarchi
Telegram: http://t.me/officialStarchi
Announcements: https://t.me/StarchiAnnouncements
Discord: https://discord.gg/Dh4GU2sh
YouTube: https://www.youtube.com/channel/UCvwfSz339JH11aPuUawwBgw
Medium: https://starchi.medium.com/
Visit https://starchi.gg/ to learn more.
