The gaming industry has shifted from a hobby into an international business. Thanks to technological advancements, players can now play games wherever and anytime. The advent of online technologies such as cloud gaming NFTs and blockchain has helped the industry to grow and evolve.
Video games have had a huge impact on the world, ranging from encouraging social interaction and problem solving to fostering socialization. Online gaming lets players interact with people from all across the globe, helping to promote tolerance and understanding between cultures. Additionally, MMORPGs and multiplayer games encourage players to build different levels of relationships with avatars and other players which could eventually lead to real-life romantic relationships.
Online gaming has also prompted technological advancements, as gamers have requested more realistic graphics and game environments. New technologies such as Virtual Reality (VR), and Augmented Reality, have evolved to let gamers immerse themselves into immersive virtual worlds.
In-game economies have also revolutionized gaming, allowing players to trade and purchase assets to enhance their gaming experience. These in-game assets are also in a position to be traded between players without leaving the virtual world, and are regarded as digital property. This has led to the development of games that have achievement systems that give gamers the feeling of achievement and status. This system comes with risks, and can cause addiction or compulsive behaviors.