Online gaming is amazing as it is, and every player can find something for themselves and even set their own personal records and achieve milestones. However, online gaming is a huge industry that has attracted a huge community, and many people take their gaming achievements to the next, global, level. Video gaming can be even as profitable for players as some online casino games due to the in-gaming economies, gaming world-related businesses, etc. Players who are more into pure winning should look for no deposit casinos on CasinosHunter but those who are more into skill development, social interaction, competition, and all those things will for sure appreciate the benefits of video games. There are many amazing things happening in and around video games, but we cannot cover them all in a short blog post. So let’s look at three of the most amusing facts – in-game economies, esports scholarships, and world records.
Virtual Economies Connected to Real Economies
In virtual economies, the worth of in-game assets often depends on the authority they grant the player within the game. This authority typically enables users to obtain rarer and more valuable in-game items, turning these in-game assets into more than just tradeable objects – they essentially become a form of capital in the game. At its core, any economics revolves around making choices when resources are scarce, and this is true for the in-game economies as well. One such economic choice, for instance, is the decision of whether to allocate funds for specialized weapons in the game, a dilemma that arises not only in the real world but also in item-based games. Unless the player uses shortcuts in the form of microtransactions, wider players can take better advantage of their resources in the game. The world of video game economics can develop a life of its own. In large-scale online role-playing games like Eve Online, World of Warcraft, RuneScape, and Guild Wars 2, hundreds of thousands of players engage with one another and create economic relations. In these virtual games, players employ a variety of financial systems and transactions, including actual real-world currency. A few games even feature their own banking institutions, stock markets, and trade associations. Prominent video game creators have gone as far as hiring the services of economists to guide and fine-tune in-game financial systems that were initially created and then enhanced and taken to a new level by the players.Esports Scholarships in Universities
Certain universities extend scholarships for esports, acknowledging the talent and commitment necessary for professional-level competition in video games. Esports scholarships are gaining popularity in academic institutions, offering substantial advantages to students passionate about video online gaming. As surprising as it may seem, such scholarships are advantageous both for players and for educational institutions. When people envision college athletics, they often conjure images of conventional sports like football, basketball, and soccer. Yet, with the niche of esports, a fresh genre of athletic scholarship has emerged. Educational institutions in several countries are now presenting esports scholarships as a means to attract and retain students with a passion for video games. These scholarships have proven to be a real game-changer for numerous students; especially those who may not have excelled in traditional sports but are skillful and competitive. University programs tend to offer scholarships to video gamers in the following games, among others:- Sports games like FIFA, Madden, and Rocket League
- Fighting games like Mortal Kombat and Street Fighter
- Real-time strategy games like StarCraft 2
- First person shooter games like Counter-Strike Global Offensive, Fortnite, Overwatch, Paladins, and Player Unknown Battlegrounds
- etc.