Colexion stays at the forefront to empower India’s gaming enthusiasts to shape their future and provide multiple growth opportunities. Launching the world’s biggest NFT drop of 30 celebrities on 12th December IST.
India, the second most populous nation in the world, has the highest number of mobile gamers. With the rapid growth of blockchain technology and VR/AR technology the gaming industry has the potential to revolutionize the sector with an increasing number of users every day. The past decade has seen videogames undergo significant changes. Global gaming, valued at USD 173.70 Billion in 2020, will reach USD 314.40 Billion by 2026. This is a predicted CAGR of 9.64% from 2021 to 2026.
Gamers can both make money and later sell their games to others. This is the reason gaming has become so popular. There are many ways people can channel their creative energy and discover all of the future possibilities in virtual reality.
Therefore, it’s imperative to understand the basic differences between crypto gaming and NFT gaming. Crypto gaming is free from the negatives associated with centralization. NFT gaming, however, allows you to own your games. It adds more value and makes gaming even more popular. Cryptogaming uses crypto to transact and earn with others players. NFT gaming, on the other hand offers more comprehensive gaming options that use native currency to create and accumulate unique gaming assets that can then be used for specific actions or powers.
Colexion has been designed to give emerging digital artists endless possibilities. Players can battle and collect tokens while playing, earning rewards or tokens. Play-to-earn, a new model that creates real world value from in-game goods and other digital goods by using cryptocurrency, non-fungible tokens and other blockchain technology is revolutionary.
This is the platform’s first set of offerings. NFT trump cardsOn December 12, 2021, at 12:12:21 IST, 30+ entertainment and sports legends will be featured. Trump Cards allow users to participate in and win games. To make it more personal, the NFTs will feature voice-overs from profound celebrities.
Colexion’s NFTs will allow users the chance to meet celebrities in person, and even win signed merchandise. This initial NFT drop is a demonstration of Colexion’s innovative NFT digital collectibles. It will also serve as an example for celebs who want to give their fans digital currency ownership and other perks through the Colexion ecosystem.
Traditional gaming is more complicated than virtual gaming. Virtual gaming was designed to simplify and unify the user experience. Colexion’s user-friendly interface will allow individuals to build their communities and gain recognition from others. With the rise in popularity of NFTs in 2021, virtual gaming brings digital assets and identity into the player’s hands, riding on the push for decentralization in the gaming industry. Polygon is a significant investor in this trend.
Abhay Aggrawal, the founder, spoke about the future gaming. “NFT gaming is emerging as a gigantic sector that has enormous potential. Through the most innovative technology and innovation, we offer our customers a real and virtual experience. It’s possible to earn money and play with NFTs through us. You can also use our NFT marketplace to gather trading cards and NFTs for your NFT card collection. While it is no secret that the NFT market is growing to become a billion-dollar industry, games are one of the best-suited use cases of NFTs that have enormous potential for growth”.
Colexion is a brand new game platform that allows gamers to discover different possibilities, operate in a free environment, and receive rewards.