🎉 Karma Ksana's new episode of Crypto101 series

👉 https://youtube.com/shorts/IyU6OFE-Sl0

🎁 NFT giveaway https://karmaksana.io/en/nft-giveaway/

👍 Remember to like, subscribe and click the bell 🔔

🙌 Join us https://lnkd.in/gEKyrNKJ

Welcome to Crypto101, your guide to the crypto world.

In part one and two, we shared how you can truly own NFT-backed gaming assets without worrying that they’ll be copied or stolen. You can also trade them for cryptocurrencies or cash and even transfer them across gaming platforms.

Today, we’re taking it up a notch. NFT can even be a ticket to experience an entire gaming ecosystem. The game’s profits will largely transfer to the player community without the exploitation of intermediaries. With this kind of player-driven games, players can not only own but also control the assets and content of the games. They can even have governance rights within their gaming community to co-build the ecosystem.

Want to know more? Head over to our website! We’re now holding our first NFT giveaway event. After completing these listed tasks, you’ll have a chance to win a FREE NFT character from our soon-to-be-revealed game, Karma Genesis!

What are you waiting for? Click the link in the description box right now!

#KarmaKsana #crypto101 #blockchain #NFTs #Crypto #Web3 #YouTube #YouTubeShort #video #nft #gaming #gamer #NFTgiveaway

🎉 Karma Ksana's new episode of Crypto101 series

👉 https://youtube.com/shorts/hkQeTpFOEt4

👍 Remember to like, subscribe and click the bell 🔔

🙌 Join us https://discord.gg/karma-ksana

Welcome to Crypto101, your guide to the crypto world.

In the last episode, we talked about how NFTs can give gamers digital ownership to their in-game assets. Since gamers now truly own these rewards, converting them into cryptocurrency or cash is now a reality.

For gamers who don’t care that much about earning profits, stay put because NFTs can still upgrade your gaming experience! If you’ve been playing multiple games over time, I bet you’ve wondered how nice it would’ve been if all these assets and rewards you’ve poured your time and money earning can be transferred and used across different gaming platforms.

Voilà! NFT is your fairy godmother, my friend! With NFT-based gaming items, gamers can now use their in-game assets across platforms that are on the same underlying blockchain.

That’s it? Of course not! There’s part 3!

#KarmaKsana #crypto101 #blockchain #NFTs #Crypto #Web3 #YouTube #YouTubeShort #video #gaming #gamer #NFT

🎉 Karma Ksana's new episode of Crypto101 series

👉 https://youtube.com/shorts/g-ovQuK_zOQ

👍 Remember to like, subscribe and click the bell 🔔

🙌 Join us https://discord.gg/karma-ksana

Welcome to Crypto101, your guide to the crypto world.

To all the gamers out there: Have you ever felt that some gaming companies have been too commercialized? All they care about is how to put your money in their own pockets.

You spend tons of money and time to earn rewards that can't be used outside their platforms, which is to say gaming companies still have control over your rewards.

It’s too early to shed a tear, my friend. 😏

Remember in previous episodes, we’ve talked about how NFTs can prove authenticity and ownership because they can’t be forged or deleted once they are written on the blockchain?

Therefore, with NFTs backing your assets, you don’t have to worry that your in-game items will be stolen or copied because, on chain, it says that you are the true owner. No one can change that.

This time, you have complete control to display, exchange or sell these gaming assets. Plus, you don’t have to worry that they’ll go to waste even if the game leaves the market because these NFTs stay on chain forever!

What’s even better…comes in the next episode!

#KarmaKsana #crypto101 #blockchain #NFTs #Crypto #Web3 #YouTube #YouTubeShort #video #nft #gaming #gamer

The future of Web 3 games: Play-to-Own (P2O)

What is Play-to-Own (P2O)?

Play-to-Own (P2O) focuses on sustainable economy. Unlike the Play-to-Earn (P2E) model where players, blinded by their transient earning mentality, focus merely on short-term benefits.

The P2O model cultivates players’ strong sense of belonging for both in-game assets and intellectual properties (IP) by lowering the gameplay threshold for new players and rewarding them continuously.

For players, there is no difference between early and late comers. Ability and skill are the factors that truly matter when it comes to yielding profits.

The traditional Play-to-Earn (P2E) model

The reason why the traditional P2E model fails to form a sustainable game economy lies in the fact that early participants are paid with the investments from later entrants. This is the part where the P2E model attracts the most criticism – early investors take it all; the late ones, mourn their loss.

The advantage of Play-to-Own (P2O) games

Play-to-Own (P2O) games don’t require high expenses in the initial stage like Play-to-Earn (P2E) games do. This advantage lowers the barrier and gives players free access to P2O games in a way that these rewards can then be reinvested back to the game in exchange for valuable in-game assets.

New players can also compete with high-level players by renting NFTs from the market without having to pour their money in the early stages of the game.

How to evaluate Web 3 games?

According to the co-founder of DeFianceCapital, ArthurOx, listed below are traits that make successful Web 3 games:

1. A healthy economy: limit opportunistic behavior, manage inflation accordingly

2. Intellectual Property (IP): allowing players to build games together

3. Game Democratization : represents community’s views, ensures that open source games are collectively censored by the community itself rather than a centralized authority

Karma Ksana, a company that pays equal attention to sustainable economy

Karma Ksana is centered on a decentralized community. Similar to the P2O model, Karma Ksana focuses on creating a sustainable game economy, significantly reducing the cost of entering games for its players.

The first game, Karma Genesis, sets its goal on modularizing in-game art, model and basic applications so that the value and profit of the game can be distributed more healthily. Gradually, with our internal resources, we will build Karma Space, a metaverse forum where people socialize and exchange information.

Karma Ksana’s purpose is “ to implement blockchain technology the right way.” We have the confidence to make long term contributions to blockchain development.

Join us https://discord.gg/karma-ksana & Do things right on chain!

#KarmaKsana #KarmaGenesis #blockchain #blockchaingame #BlockchainGaming #NFTs #NFT #NFTCommuinity #NFTGiveways #Crypto #cryptogames #cryptocurrency #DeFi #Gamefi #DAO #games #P2E #PlayToEarn #Web3Gaming #Web3 #gaming

The future of Web 3 games: Play-to-Own (P2O)

What is Play-to-Own (P2O)?

Play-to-Own (P2O) focuses on sustainable economy. Unlike the Play-to-Earn (P2E) model where players, blinded by their transient earning mentality, focus merely on short-term benefits.

The P2O model cultivates players’ strong sense of belonging for both in-game assets and intellectual properties (IP) by lowering the gameplay threshold for new players and rewarding them continuously.

For players, there is no difference between early and late comers. Ability and skill are the factors that truly matter when it comes to yielding profits.

The traditional Play-to-Earn (P2E) model

The reason why the traditional P2E model fails to form a sustainable game economy lies in the fact that early participants are paid with the investments from later entrants. This is the part where the P2E model attracts the most criticism – early investors take it all; the late ones, mourn their loss.

The advantage of Play-to-Own (P2O) games

Play-to-Own (P2O) games don’t require high expenses in the initial stage like Play-to-Earn (P2E) games do. This advantage lowers the barrier and gives players free access to P2O games in a way that these rewards can then be reinvested back to the game in exchange for valuable in-game assets.

New players can also compete with high-level players by renting NFTs from the market without having to pour their money in the early stages of the game.

How to evaluate Web 3 games?

According to the co-founder of DeFianceCapital, ArthurOx, listed below are traits that make successful Web 3 games:

1. A healthy economy: limit opportunistic behavior, manage inflation accordingly

2. Intellectual Property (IP): allowing players to build games together

3. Game Democratization : represents community’s views, ensures that open source games are collectively censored by the community itself rather than a centralized authority

Karma Ksana, a company that pays equal attention to sustainable economy

Karma Ksana is centered on a decentralized community. Similar to the P2O model, Karma Ksana focuses on creating a sustainable game economy, significantly reducing the cost of entering games for its players.

The first game, Karma Genesis, sets its goal on modularizing in-game art, model and basic applications so that the value and profit of the game can be distributed more healthily. Gradually, with our internal resources, we will build Karma Space, a metaverse forum where people socialize and exchange information.

Karma Ksana’s purpose is “ to implement blockchain technology the right way.” We have the confidence to make long term contributions to blockchain development.

Join us https://discord.gg/karma-ksana & Do things right on chain!

#KarmaKsana #KarmaGenesis #blockchain #blockchaingame #BlockchainGaming #NFTs #NFT #NFTCommuinity #NFTGiveways #Crypto #cryptogames #cryptocurrency #DeFi #Gamefi #DAO #games #P2E #PlayToEarn #Web3Gaming #Web3 #gaming