The gaming industry is gaining ground every year, and it seems like nothing can stop it. With a size of $ 173 billion last year, it is expected to swell twice in 2026.
Within this, GameFi is expanding rapidly, thanks to its Play to Earn concept.
If 2020 was the year of DeFi, 2021 is quickly turning out to be for GameFi. Games like Axie Infinity and StarAtlas have proven that online gaming is more than just entertainment.
The ability to not only play but make an actual income from this through cryptocurrencies and NFT has attracted millions of people from all over the world.
One game in particular, Crypto Tanks is rising rapidly through the ranks and is quickly becoming the most popular and sought after blockchain-based game today.
From the 1980s to the 2020s
CryptoTanks takes inspiration from the retro games from the 1980s, specifically Battle City from Nintendo.
While CryptoTanks uses the same themes and the graphics are intentionally created to resemble an 8-bit game, it does come with significant upgrades to meet today’s demands.
Different locations, expanding missions, multiplayer (1vs1, team battles) make it completely different and at the same time, keep the nostalgia alive.
But the biggest difference is the way the gameplay is constructed. Using the blockchain, all game data is stored on the decentralized network.
On top of that, the game uses what is known as the Play to Earn (P2E) gaming model. Each time a player wins, they are rewarded with $TANK, the in-game crypto token.
While it doesn’t look much different, $ TANK is a crypto token, and players have the option of not only using it in-game for purchases and upgrades to Armored Fighting Vehicles, but can be redeemed in DEXs against other cryptos and even liquidated for real. -world fiat.
Then there are NFTs. Each tank is unique in its own right and represented by Non Fungible Tokens.
As the tank’s stats increase over time, the rarity also increases, and this can be capitalized by selling or renting it to other players.
Follow CryptoTanks on Twitter, Discord and Telegram to keep updated on the latest news.
Why CryptoTanks?
While Crypto Tanks might not be the only GameFi battle platform, it has some very different characteristics that set it apart from the rest and, combined, these points are the cornerstone of its immense popularity.
As already discussed, tank owners can lend their vehicles to other players. With this, not only the active player makes winnings, but the original tank owner also gets a passive income stream.
With each battle won, the tank’s stats increase, increasing their value more than their original value, which can then be sold for a profit.
At the same time, where other GameFi games require you to win rounds in order to make money, CryptoTanks players earn $TANK for every match they play, regardless of the outcome.
The game is also a cross-platform system, so gamers can play it on a variety of devices, including iOS, Android, and Windows systems.
Another advantage it takes over other games is its multichain support. While based on Ethereum, the game is also available on the second layer solution Polygon, allowing for faster and cheaper transactions, making the game extremely affordable.
CryptoTanks is an innovative way to show that no matter how old a game is, the use of blockchain and crypto can dramatically change the way people perceive and enjoy it.
A 4 decade-old game is revived and going strong, thanks to cryptos and NFTs.
Want to get into the game? Sign up for the waiting list here and participate in the $ TANK drop.
