Countries on the Blockchain
On paper games like Crypto Countries, Cryptocelebrities & Cryptokitties sound silly. But, like the aforementioned blockchain games- early adapters and collectors are lining up to grab the digital real estate and be amongst the first to flip them for a profit. This is the latest in smart contract-based trading game which profits from digital scarcity.
Blockchain-based collectors’ games such as these create a level of FOMO that can cause assets to change hands for thousands of dollars. One key difference with Crypto Countries is that the rewards (profit) goes up as the countries become increase in value, making the risk in speculating more enticing. The demand for crypto countries caused the website to temporarily get knocked offline, but as of Saturday Feb 3rd, it is back up and capable of handling the increased demand.
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