A generation that was born in a time of technological innovations is now making its mark on the world. They recently surpassed millennials to become the largest workforce cohort, and their values are shaping our economies.
These digital natives have a strong affinity for crypto and cryptocurrencies, especially bitcoin. In fact, it is estimated that more Gen Zers own Bitcoin than any other age group. This may have something to do with the appeal of cryptocurrency’s promise to decentralize finance and build a global economy that puts people over corporations.
Gen Z’s Guide to Blockchain: Simplifying the Future of Finance
Gen Z’s Guide to Blockchain is also attracted to the token economy because of its ability to enhance accessibility, trustworthiness, and the opportunity for noble causes. As a result, it is no surprise that Gen Zers are increasingly invested in projects and companies using blockchain to create innovative virtual worlds and games.
These platforms offer a unique way for gamers to interact with their virtual surroundings and each other in a safe environment. By offering in-game assets such as virtual clothes, pets, and weapons that are uniquely identifiable as non-fungible tokens (NFTs), games can encourage a diversified economy and foster social interaction between players.
Furthermore, blockchain gaming has a more democratic structure than traditional games that allow only for a certain class of players to access specific game elements or rewards. By enabling all players to participate in the development and growth of the metaverse, blockchain gaming creates a new level of interconnectedness and allows all gamers to experience a sense of achievement and ownership.