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COSMIC CHAMPS WHITEPAPER
  • Cosmic Champs
  • Project Summary
    • Overview
    • Problems and Solutions
  • Our Vision
  • The Gaming Industry Today
    • Blockchain x Gaming
    • Investment in the Sector
    • Problems
    • Solutions
  • Gameplay
    • The Setting
    • Gameplay
    • Gameplay Modes
    • Tournaments
  • NFTs
    • Types of NFTs
      • Champs
      • Ships
      • Planets
      • Blueprints
      • Treasures
      • Utilities
    • Role of NFTs
    • 2D and 3D Models
    • Champ Traits
    • NFT Release Schedule
    • NFT Holder Rewards
    • Scholarship program
    • Marketplace
  • Economy
    • Play-to-earn Economy
      • Cosmic Gold - Governance Token (On Chain)
      • Experience Shards - P2E Token (Off Chain -> On Chain)
      • Steel Chips - Resource (Off Chain)
    • Free-to-play economy
  • Cosmic Gold (COSG)
    • Tokenomics
    • Holder Rewards
    • Staking COSG
    • COSG Utility
  • Tech Architecture and Plans
  • Roadmap
  • Our Team
  • Our Investors
  • Our Partners
  • Websites and Social Accounts
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  1. The Gaming Industry Today

Problems

While the gaming sector continues to experience significant growth, there are a number of problems that prevent much greater adoption. These include but are not limited to:

  • Forking chains resulting in duplicate versions of NFTs;

  • Environmental issues (carbon footprint);

  • High gas fees and slow transactions prevent mass adoption;

  • Most cryptocurrency games are available only to crypto natives;

  • Initial investment in NFTs required (pay-to-earn);

  • Security and trust anxiety - especially for non-crypto natives;

  • Poor user retention;

  • High volatility in payments to players;

  • The creation of large numbers of NFTs leads to compromised character aesthetics.

PreviousInvestment in the SectorNextSolutions

Last updated 2 years ago