Blockchain gaming is a rapidly expanding sector characterised by significant market growth, substantial investment, and innovative economic models that empower players. As a prominent player in this space, TRON has emerged as a leading blockchain platform specifically tailored for the gaming and entertainment industry. TRON was first introduced in 2017 when its white paper was released, outlining the vision for a decentralised platform aimed at allowing content sharing and entertainment.
The TRX token, which serves as the native cryptocurrency of the TRON network, was launched during the initial coin offering the same year and is widely used in NFT marketplaces, TRX casino gambling platforms, and various online merchants and service providers. Since its inception, TRON has grown significantly, positioning itself as a transformative force in the gaming industry, and offering several advantages within the gaming ecosystem.
Decentralisation and Ownership
TRON’s blockchain supports a variety of decentralised applications (DApps) and blockchain-based games. This decentralisation gives developers the freedom to design games without control from centralised authorities. Game developers can implement innovative features, monetization strategies, and community engagement methods that align with their vision.
Players can use TRX to buy in-game assets which allows them to have true ownership of their in-game assets, enabling them to trade, sell, or use these assets across different games. With true ownership, players can monetize their gaming experiences and earn real-world value through play-to-earn models. This transformative approach not only fosters creativity and engagement but also new economic opportunities within the gaming industry.
Interoperability of Assets
TRON’s blockchain enables interoperability of in-game assets. This allows players to use their items across several different games and platforms. For example, TRON Dogs is a blockchain-based game where players collect, breed, and trade digital dogs represented as non-fungible tokens (NFTs). In this game, players not only own their digital pets but use them in other compatible games built on the TRON network. The interoperability features of TRON include:
- Assets transferability: This feature allows players to take their TRON Dogs and use them in other compatible games built on the TRON blockchain.
- Marketplace trading: Players can trade their in-game assets (TRON Dogs) on decentralised marketplaces for TRX or other tokens.
- Cross-game utility: Any new games that allow players to use their TRON Dogs as a form of currency or character type, allows players to participate in multiple games within the TRON network.
This example highlights the interoperability of assets that allow players to use their in-game assets across multiple games and platforms within the TRON blockchain.
High-speed Transactions
TRON can handle more than 2,000 transactions per second, which significantly improves the speed and efficiency of in-game transactions. This capacity to process such a large number of transactions so quickly means players can make in-game purchases, trade their assets, and engage in gameplay without experiencing any delays. For instance, if a player places a bet with a live dealer at an online casino that accepts TRX, the transaction is executed and confirmed within seconds. The high transaction speed of TRON not only improves player satisfaction but also increases overall engagement within the gaming and gambling sector.
Lower Transaction Fees
The transaction fees on the TRON network are minimal, making it a cost-effective option for players who conduct frequent transactions. The lower cost makes it much more appealing for users to participate in blockchain games, without having to worry about expensive fees that are often found in traditional gaming platforms.
Enhanced Security
TRON operates on a decentralised network, which means there is no single point of failure. This decentralisation makes it more resilient against cyber threats or fraud, ensuring that player’s data and assets are protected. The blockchain network has various security measures, including a partnership with cybersecurity organisations like FearsOff who specialise in increasing the security infrastructure of blockchain networks. This collaboration ensures that the gaming environment on TRON’s network remains safe and secure for all players.
Additionally, TRON supports smart contracts that are immutable and transparent. For instance, if you transact on the blockchain network, once your transaction is recorded it cannot be changed or deleted. This feature is exceptionally helpful to prevent cheating and it ensures that the game mechanics are fair and verifiable.
Play-To-Earn Opportunities
TRON uses the pay-to-earn model (P2E) that allows players to earn real rewards while gaming. The P2E model is significantly popular among crypto-based gamers because it allows them to monetize their gaming experiences/ This means players can earn TRX, trade, sell, or buy in-game assets, earn simply by completing tasks, or participating in tournaments. The P2E model also lowers the barriers to entry for new players. This means they can start earning rewards without needing significant upfront investments. This accessibility encourages a broader audience to engage in blockchain gaming.