Have you ever wished to earn tangible rewards for your gaming skills? With Proof-of-Skill on the Xai Blockchain, this dream is now within reach. By linking your Steam account, creating a blockchain wallet, and earning $XAI tokens for in-game achievements, you can turn your gaming prowess into real-world benefits.
The challenge of convincing major game developers to adopt blockchain technology has been a persistent one, mainly due to integration complexities. Proof-of-Skill aims to address this by seamlessly integrating Web3 functionality without disrupting the user experience. If you’re curious about how this process works, keep reading.
The Biggest Challenge in Web3 Gaming
Historically, large game studios have been hesitant to incorporate blockchain elements due to concerns about player friction and the lack of clear incentives for their communities. Proof-of-Skill seeks to alleviate these concerns by tying blockchain-based rewards directly to Steam Achievements, allowing players to earn rewards while playing as usual.
The Opportunity: Steam’s Broad User Base
With over 100 million monthly active users, Steam offers a vast user base for Xai Play. By linking your SteamID to create a blockchain wallet via Xai Connect, you can start earning $XAI tokens for your Steam Achievements. This potential network effect could attract both Web3 and Web2 developers to the platform, making Xai a sought-after platform for studios looking to boost player engagement.
What Is Proof-of-Skill?
Proof-of-Skill is a Solidity-based protocol operating on the Xai Blockchain, offering features such as tokenizing Steam Achievements, enabling real-world rewards through $XAI tokens, and bridging Web2 and Web3 gaming ecosystems.
$XAI and Value Accrual
$XAI, the utility token within the ecosystem, is designed to reward players for various in-game actions, from milestone achievements to tournament victories. As the player base grows, publishers may purchase $XAI to fund events, creating a demand for the token.
The Three Pillars of the Ecosystem
- Xai Play
- Integration: Easily link your Steam account and track achievements automatically.
- Effortless UX: The system handles wallet creation in the background.
- Social Interaction: Engage with leaderboards, community competitions, and shared accomplishments.
- Proof-of-Skill
- Achievement Processing: Steam Achievements are verified and turned into NFTs.
- Leaderboard Calculation: Achievements are weighted by factors like rarity for $XAI rewards.
- Cross-Game Rewards: Achievements from multiple games can accumulate value.
- Xai Blockchain
- High Scalability: Built to handle numerous transactions per second.
- Sponsored Fees: Users do not bear direct gas fees, streamlining gameplay.
- Security: Ownership is recorded in a transparent, tamper-resistant manner.
Why Proof-of-Skill Differs from Other Chains
Proof-of-Skill stands out by its potential to work with over 40,000 Steam titles, linking to established, higher-profile games, encouraging immediate engagement with Web3 features, and prioritizing efficiency and scalability.
What This Means for You as a Gamer
Imagine earning tangible assets for in-game achievements that are linked to a token economy. By connecting your Steam account to Xai Play, you can participate in community tournaments and explore various achievement programs without altering your gameplay routine.
Gaming Rewards with a Balanced Approach
Proof-of-Skill focuses on recognizing genuine in-game accomplishments, avoiding the pitfalls of older "play-to-earn" concepts by offering skill-based rewards in a straightforward manner. With the potential for steady rewards through tournaments and achievement programs, the ecosystem aims to keep players engaged.
Moving Beyond Web3 Norms?
Proof-of-Skill presents a moderate path forward for Web3 gaming by integrating rewards into existing Steam communities and game economies. This approach aims to introduce more people to blockchain in a natural way, rewarding gamers for their skillful play. The success of this model relies on the collaborative effort of developers, publishers, and the player community to create a fair and engaging gaming experience.