The growth of cryptocurrencies and blockchain technology has transformed the gaming industry through Play-to-Earn (P2E) games. These games have become a possibility thanks to the potential of cryptocurrency, and offer an entirely new dimension to gaming.
Think about generating actual money from all the time you put into your favorite games. Sounds like fiction, right? With blockchains like Aptos, this is turning into reality.
Insight into P2E games
P2E games allow users to earn money while enjoying their favorite games. With P2E games, users deal with cryptocurrency to unlock in-game experiences and items. Unlike conventional games, P2E games offer users the ability to generate revenue just by playing the game.
The recent launch of Aptos blockchain emerges as a significant event for the expansion of these games. Users can expect to embrace a number of titles that are being developed for the platform. Aptos is optimal for gaming, because it includes network redundancy that reduces the odds of failures. Each block syncs with leader nodes and nearby nodes in a configuration that delegates process to other nodes if a leader node fails. This is a much more reliable process compared to blockchains like Solana.
Building Upon Aptos’s Scalability & Security
Even though multiple blockchain projects currently offer blockchain gaming experiences, Aptos has managed to stand out. Labeled the “Solana killer” by proponents, the Layer 1 blockchain promises improved security, scalability, and utility.
Its fundamental structure uses the Rust-based programming language Move. At its testnet version, the blockchain was able to process 160,000 transactions per second (TPS). This is significantly higher than most projects currently launched in the market.
The functional improvements offered by Aptos are relevant because conventional blockchains have been severely hindered due to issues like downtime and outages. To expand blockchain adoption, it’s essential to shift to a reliable foundation where users can experience the true benefits of decentralization.
Here are some key features that allow Aptos to offer a fundamentally better solution to users, compared to existing projects.
Private Key Recovery
Aptos allows users to rotate their private keys to decrease the chances of theft. With periodic consensus key rotation, validators have a fundamentally secure option.
Aptos Byzantine Fault Tolerance (AptosBFT) Algorithm
Aside from the Proof-of-Stake protocol, Aptos also leverages its own custom-made algorithm that analyzes on-chain states and updates rotations without requiring human intervention. This algorithm is fundamentally based on the HotStuff protocol.
Parallel Transaction Execution
With the Block-STM smart contracts engine, Aptos can process multiple transactions simultaneously. This is because the chain process is not halted by a single transaction. The parallel transaction execution process currently allows Aptos to process transactions with less than 1-second time-to-finality. Subsequently, the transaction fees are also much lower.
What Makes Aptos Perfect to Build GameFi Projects and NFTs?
The Aptos Testnet was deployed in four stages, and gave Aptos Labs the chance to adequately test the functioning of the blockchain. Through the incentivized launch, users were able to validate transactions and find bugs and issues.
The testnet launch offered unique rewards to users that became a part of the process. Each participant was awarded 500 Aptos coins upon release, and leading participants in the testnet were further rewarded with up to 5000 coins depending on their contributions. The blockchain has extensively tested its nodes in different locations to ensure a seamless deployment with high odds of success.
NFT Minting on Aptos
One of the key ways in which Aptos offers improved performance over current Layer 1 blockchains is through NFT minting. Even though the blockchain was not primarily designed to launch NFTs, it offers exceptional support during the NFT minting process. The core reason behind this efficient performance is the parallel execution engine in Aptos that allows users to fund their accounts and mint NFTs at lightning-fast speeds.
Subsequently, the command line interface tools included on Aptos allow developers to test contracts locally with convenience. The TypeScript SDK also makes it easy for users to write scripts for NFT minting. These factors combine to offer an effective process through which users can deploy multiple NFTs concurrently. This is much more efficient compared to the regular process of using significant resources to create NFTs on an individual basis. Test results have showcased the ability of the blockchain to mint millions of NFTs within an hour. These features make Aptos the ideal platform to release NFTs and introduce a new generation of tokens.
All these promising aspects of Aptos make it a must-watch blockchain for gamers and crypto enthusiasts alike. The seamless functionality of the testnet showcases the potential of Aptos as a leading L1 Blockchain project. With the accessibility of the Aptos Grant Project, development is expected to spike in the near future.
Embrace the Aptoverse with Blocto
The Aptos blockchain is expected to offer an exceptional gaming experience with improved scalability and reliability. Investor activity and testnet adoption are signaling revolutionary potential in the Aptosverse, and the team is constantly working on further development.
Blocto offers the perfect platform for users to access GameFi projects on Aptos. Thanks to our seamless email integration, users can sign up or log in within 30 seconds and get their hands on exclusive NFT launches and P2E projects. Users will have the ability to onboard their favorite games and trade in-game items on the platform with just a few taps to get started.
We’re excited to offer expansive asset management options on Blocto App, including the following:
- Showcase, deposit, or transfer your Aptos-based cryptos or NFTs in one wallet
- Stake $APT and our native token ($BLT) on Aptos using specially designed in-app staking interfaces
Download Blocto Wallet to explore the Aptoverse, and prepare for more new exciting features coming soon!