The gaming industry has shifted from a hobby to a global business. Thanks to technological advances gamers can now play games from anywhere and at any time. The advent of online technology like cloud gaming, blockchain and NFTs has enabled the industry grow and innovate.
Video games have influenced the world in many ways, from promoting social interaction to helping develop problem-solving skills. Online gaming allows players to connect with people from all over the world, promoting tolerance and understanding across cultures. Multiplayer games and MMORPGs enable players to establish different relationships with other avatars and players, which can lead to a real-life romantic relationship.
Online gaming has also contributed to technological advancements, since gamers demand more realistic graphics and realistic game environments. Consequently, new technologies like Virtual Reality (VR) and Augmented Reality (AR) have developed, giving gamers the ability to get lost in immersive virtual worlds.
Another breakthrough technology in gaming is the development of an in-game economy which allows players to purchase and trade in-game assets, which can be used to enhance their game experience. These in-game assets are also able to be traded between players without leaving the virtual world and are considered to be digital property. This has led to the development of games that have achievement systems, which provide players with a sense of accomplishment and status. This system comes with risks, and can cause serious addiction and compulsive behavior.