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There are around 1 billion active players in the gaming industry, and most of them compete for prizes which are worth over 2-3 billion. Most of these prizes exist within an online competitive in-game platform, where token trades also take place. So, is this industry any profitable for investments? Find out more below.
True-Ownership
True ownership within the gaming world means that no company who has even created the game can run interference between your digital asset/token and that you can do with it as you see fit. Furthermore, you can always resell them or move them around to decide what brings you better profits.
Hold plus Earn
Even if you are not a gamer, digital tokens offer your investments the malleability of holding on to your assets, and then selling them when and to who you deem fit. There is also an option to sell them on a crypto platform, and then collect the profits they generate.
Monetary Incentives
Much of the older generation emphasized gaming as a more past-time, leisure activity. But as our financial landscape expands, gaming could be used to earn some real money, money which you can use for your everyday expenditure. This incentivization allows gamers to get accustomed to the online world, invest in digital assets like blockchain based in-game skins, weapons etc, and then trade them around on different platforms to earn profits.
Customer Acquisition
Digital asset transactions are completely transparent. As in, you can see which potential customer is interested in which asset, and you design personalized marketing campaigns for the same. This will undoubtedly help you acquire more customers for products that are specifically marketed to them.
Tradability
Have you ever wished you could exchange your virtual successes for actual money? Selling your hard-earned goods on a broader distribution network is possible with gaming tokens. It’s like opening your own internet store without keeping inventory. The tokens, which are obtained through gameplay, can be sold on an exchange. For example, AXS can be sold on a general cryptocurrency exchange. You can also feel secure knowing that your digital treasure is in good hands because it is fraud-proof.
Also read: Bitcoin Scams and Frauds: How to Stay Safe
There are so many avenues within this industry to fill your wallets as an investor. Make sure that you research the risk factors of tokens like $MANA, $AXS and more. These can help you to earn more returns from your investments, including flexibility!
