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 <p>Crypto-based play-to-earn <a rel="dofollow" title="gaming" href="https://thebittimes.com/tag/gaming.html">gaming</a> has skyrocketed in the past few years. Moreover, cloud-based <a rel="dofollow" title="gaming" href="https://thebittimes.com/tag/gaming.html">gaming</a> has opened up the possibility of not needing high-end hardware to play AAA <a rel="dofollow" title="gaming" href="https://thebittimes.com/tag/gaming.html">gaming</a> titles. Both developments have the potential to disrupt the <a rel="dofollow" title="gaming" href="https://thebittimes.com/tag/gaming.html">gaming</a> industry, currently led by mobile devices, Microsoft’s Xbox and PC, and Sony’s PlayStation.</p> 
 <p>According to a report by Newzoo, consumers will spend up to $188 billion in 2023 on video games. About 50% will go towards mobile gaming, about 20% will go towards PC gaming, and the remaining 50% will go towards Xbox and PlayStation.</p> 
 <p><strong>Also Read: Microsoft’s Updated Xbox Rumored to Include Crypto Wallets</strong></p> 
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 <p>Today, gamers mostly have one of two options. They can purchase a physical copy of a game or buy a subscription, like Microsoft’s Game Pass or Sony’s PS-Plus. However, this could soon change with the advent of cloud-based <a rel="dofollow" title="gaming" href="https://thebittimes.com/tag/gaming.html">gaming</a>. Cloud-based <a rel="dofollow" title="gaming" href="https://thebittimes.com/tag/gaming.html">gaming</a> uses distant servers to process the game and stream it to players. Moreover, <a rel="dofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>-based <a rel="dofollow" title="gaming" href="https://thebittimes.com/tag/gaming.html">gaming</a> is quickly growing in size as players are incentivized. Both developments could spell trouble for Microsoft and Sony.</p> 
 <p>To counter the threat, Microsoft CEO Satya Nadella has begun exposing the company to sectors that would be least affected by cloud gaming. This could explain the firm’s recent buying streak, from Bethesda to the ongoing Activision acquisition.</p> 
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 <h3 class="wp-block-heading" id="h-risks-to-cloud-and-crypto-based-gaming">Risks to cloud and crypto-based gaming?</h3> 
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  <img decoding="async" width="1024" height="802" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" alt="Blockchain gaming technology" class="wp-image-14026 ewww_webp" sizes="(max-width: 1024px) 100vw, 1024px" data-src-img="https://cdn.thebittimes.com/images/2023/09/27/9bf9edf01e6afef06660e88a41c84629.webp" data-src-webp="https://cdn.thebittimes.com/images/2023/09/27/9bf9edf01e6afef06660e88a41c84629.webp.webp" data-srcset-webp="https://cdn.thebittimes.com/images/2023/09/27/9bf9edf01e6afef06660e88a41c84629.webp.webp 1024w, https://cdn.thebittimes.com/images/2023/09/27/9bf9edf01e6afef06660e88a41c84629.webp.webp 300w, https://cdn.thebittimes.com/images/2023/09/27/9bf9edf01e6afef06660e88a41c84629.webp.webp 768w, https://cdn.thebittimes.com/images/2023/09/27/9bf9edf01e6afef06660e88a41c84629.webp.webp 380w, https://cdn.thebittimes.com/images/2023/09/27/9bf9edf01e6afef06660e88a41c84629.webp.webp 550w, https://cdn.thebittimes.com/images/2023/09/27/9bf9edf01e6afef06660e88a41c84629.webp.webp 800w, https://cdn.thebittimes.com/images/2023/09/27/9bf9edf01e6afef06660e88a41c84629.webp.webp 1040w" data-srcset-img="https://cdn.thebittimes.com/images/2023/09/27/9bf9edf01e6afef06660e88a41c84629.webp 1024w, https://cdn.thebittimes.com/images/2023/09/27/9bf9edf01e6afef06660e88a41c84629.webp 300w, https://cdn.thebittimes.com/images/2023/09/27/9bf9edf01e6afef06660e88a41c84629.webp 768w, https://cdn.thebittimes.com/images/2023/09/27/9bf9edf01e6afef06660e88a41c84629.webp 380w, https://cdn.thebittimes.com/images/2023/09/27/9bf9edf01e6afef06660e88a41c84629.webp 550w, https://cdn.thebittimes.com/images/2023/09/27/9bf9edf01e6afef06660e88a41c84629.webp 800w, https://cdn.thebittimes.com/images/2023/09/27/9bf9edf01e6afef06660e88a41c84629.webp 1040w" data-eio="j">
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   <img decoding="async" width="1024" height="802" src="https://cdn.thebittimes.com/images/2023/09/27/9bf9edf01e6afef06660e88a41c84629.webp" alt="Blockchain gaming technology" class="wp-image-14026" srcset="https://cdn.thebittimes.com/images/2023/09/27/9bf9edf01e6afef06660e88a41c84629.webp 1024w, https://cdn.thebittimes.com/images/2023/09/27/9bf9edf01e6afef06660e88a41c84629.webp 300w, https://cdn.thebittimes.com/images/2023/09/27/9bf9edf01e6afef06660e88a41c84629.webp 768w, https://cdn.thebittimes.com/images/2023/09/27/9bf9edf01e6afef06660e88a41c84629.webp 380w, https://cdn.thebittimes.com/images/2023/09/27/9bf9edf01e6afef06660e88a41c84629.webp 550w, https://cdn.thebittimes.com/images/2023/09/27/9bf9edf01e6afef06660e88a41c84629.webp 800w, https://cdn.thebittimes.com/images/2023/09/27/9bf9edf01e6afef06660e88a41c84629.webp 1040w" sizes="(max-width: 1024px) 100vw, 1024px">
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   Blockchain gaming technology will be the driving force in the crypto market in 2022.
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 <p>Gaming often requires quick responses from players, in the realm of a few milliseconds. Hence, gameplay would be severely affected if players did not have access to incredibly fast internet connections. Speeds would need to be faster than in consoles or computers, as the game would need to be processed elsewhere and not in the player’s hardware. This is probably one of the biggest barriers to cloud-based gaming.</p> 
 <p><strong>Also Read: Global Crypto Gaming Market Expected to Grow to $206 Billion by 2025</strong></p> 
 <p>Crypto-<a rel="dofollow" title="gaming" href="https://thebittimes.com/tag/gaming.html">gaming</a>, on the other hand, has a long way to go before offering AAA titles. So far, these games have been successful on the mobile platform. More developers will need to enter the industry and make more innovations. In September 2022, Dan Houser, the former head writer for Rockstar Games, who is behind most of the Grand Theft Auto titles, joined the advisory board of Revolving Games, a blockchain-based <a rel="dofollow" title="gaming" href="https://thebittimes.com/tag/gaming.html">gaming</a> company. Houser’s involvement in a <a rel="dofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>-like <a rel="dofollow" title="gaming" href="https://thebittimes.com/tag/gaming.html">gaming</a> endeavor is a testament to the growth of the industry.</p> 
 <p>Nonetheless, it still remains to be seen how the industry will unfold in the future. There were rumors that Microsoft would include a crypto wallet in the next upgraded version of its Xbox console. However, there has been no confirmation of this. If that is indeed the case, it will further push web3 gaming to new heights.</p> 
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  <li>crypto</li>
  <li>gaming</li>
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/cloud-crypto-based-gaming-the-end-for-xbox-playstation-tbt64154.html">https://thebittimes.com/cloud-crypto-based-gaming-the-end-for-xbox-playstation-tbt64154.html</a></p>

Cloud & Crypto-Based Gaming the End for Xbox, PlayStation?

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