# The Gaming Industry Today

***\*\* This section was up-to-date at the time of writing in early 2022. It will not be updated to reflect the changing industry because the state of the industry at that time inspired and justified the creation of Cosmic Champs.***

The gaming industry is being revolutionised as blockchain technology empowers players like never before by putting control of in-game assets and decision-making into their hands.&#x20;

Most online games have adopted a centralised model where game data is stored on private servers that are exclusively controlled by the game’s creators. This is a closed system that lacks transparency, community input in decision-making, and doesn’t allow players to truly own their in-game assets.


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