have you ever wondered what happens when gaming meets the future well imagine a world where your in-game items actually evolve and grow just like your character we can stop imagining because that's now a reality thanks to the blockchain and welcome to the world of Alura Alura is a groundbreaking gaming platform that combines the best of Two Worlds AI blockchain these are two powerful technologies that are set to outlive all of us so if you're a gamer if you're an AI Enthusiast if you're a crypto afficianado the next 10 minutes well listen up cuz we got
some great stuff to cover now before we continue we have to understand just how big the video gaming industry actually is and what the potential is here in 2024 the revenue from gaming is estimated to be around $455 billion for scale it's approximately the same as the GDP of some countries like Singapore or Vietnam and bigger than some countries like New Zealand come on New Zealand statistics also show that there about 3.32 billion Gamers today which is a lot of people which is crazy to think about since there only 8 billion people worldwide so basically
anybody who's not a tiny baby or like old as crap you know is like playing video games basically 40% of all people are Gamers that's insane and I suspect it's probably even higher since a lot of grown men play video games and their wives are not looking uhuh yeah yeah I know I know I know anyway as the numbers are expected to grow by the way to 3.8 billion players players by 20 30 everyone's just plugged in all the time with these numbers gaming platforms like Alura are positioning themselves for a big and growing Niche
that is expected to grow for years to come quick note before we dive into nuts and bolts here thanks to the guys at Alura for sponsoring this video please always remember to d yo R links as well where you can learn more about all the exciting stuff that aloura is doing and their technology in the description down below Okay so imagine this the story of Al tourist starts with a gamer who has played thousands of hours in firstperson shooting games like Counter-Strike Global Offensive this young gamer had his mind blown because counter strikes in game
assets can be worth as much as40 freaking th000 which is well a small fortune for adults let alone for children gez $40,000 is nuts fast forward several years this kid gamer is now CEO and co-founder of Alura didn't see that com did you as mentioned there are already billions of Gamers and this means that billions of people are already comfortable and familiar with digital assets okay this is just the evolution of taking those existing digital assets and making them verifiable on chain a lot of games involve buying and trading of different digital assets which indicates
a market that is ready for web 3 technology with verifiable owner ownership and more value cruel and history and to quote alur CEO nobody really plays games for the technology that's in the game that's true people play video games because surprise surprise are fun and entertaining for him the purpose of Al tour is to enhance the gaming experience as opposed to solely focusing on blockchain and I get it man we can throw all the technical terms around that we want and say this Cutting Edge blah blah blah BS BS BS but at the end of
the day the only thing that really matters is the player enjoying the game that's it so how does Alura actually work well it provides revolutionary technology that combines Ai and web 3 to create interactive games it allows developers to integrate artificial intelligence technology and blockchain together creating smarter non-player characters or NPCs and dynamic assets for those who have had their fair share of gaming we all know that MPCs they're boring right they're programmed with a very limited set of answers we literally have a joke about MPC people out in the world and stuff like that
people just go with pre-programmed responses but can you imagine NPCs that can actually hold a conversation you can talk to at length should you desire to it would change the the Dynamics of gaming this is all thanks to alur's intelligence the MPC engine that enables developers to create unique and immersive non-player care characters and doesn't stop there developers also have access to developer friendly application programming interfaces and to software development kits okay so this allows for easy integration of blockchain and AI features directly into new game launches any games that are supporting Unity Unreal Engine
and JavaScript can plug this in straight away now for smooth onboarding the platform also has Alura G 2 which simplifies access to blockchain gaming for both web 2 and of course for web 3 Gamers allowing for seamless authentication and wallet creation the platform also boasts custom Marketplace Solutions where participants can come in build custom Market places with their no code Solutions including features like credit card payments and aggregator systems and Alura even has smart nfts I know what's on your mind what the heck is a smart nft large well I'm so glad asked an nft
is just an overpriced jpeg right well that was kind of the first iteration of nft Technology we've been saying here on the channel for a long time very bullish and N technology more broadly it's a fundamental part of verifiable ownership online last cyle we got pictures of monkeys or whatever rocks cost millions of dollars a piece they didn't really do anything though except that people buy them because they expect the number to go up in price until they didn't then they all went down in price I know that they are non-fungible they're proof of ownership
but come on we all know that a lot of them are just crap right but smart nfts this is the evolution of nft technology unlike conventional nfts which have static data smart nfts can be altered after minting in order to change their properties their images and more they actually incorporate smart contract functionality giving the smart nfts programmable features so this capability will actually allow developers to be able to create games and other applications that can actually interact with NFS in real time basically unlocking a whole bunch of new possibilities for gaming experiences still with me
well imagine you start with an nft of a weapon let's say just a tiny humble little knife it's not much but it's yours it's yours verifiably on chain you got that nft now this isn't just any knife it's a magical knife that can grow and transform based on your adventures at first is perfect for peeling apples but as you go on your adventure slaying a thousand slimes and goblins well it evolves into a dagger okay now you got dagger not just a knife's dagger now maybe after defeating a dragon or rescuing a princess or some
other such Quest or task it evolves into a sword and then into a mighty sword and then into like a Final Fantasy 7 style like gargantuan piece of metal sword you know those kind of stuff now unlike traditional nfts weapons that that stay the same throughout the game this time your nft changes with you as you progress throughout the game this is a simple example of how smart nfts can add value to the gaming industry but of course it's up to the imagination of developers how they want to actually take advantage of alour smart nfts
so what games do we expect to see if you explore the aloura website the games are actually divided into categories like Battle Royale firstperson shooter city building and many other categories if you want shooting games go check out meta Doge Unity which is an epic Title by the way or if you don't like violence or guns fair enough and you prefer racing there's Raceway X now expect to see more games since aloura has partnered up with over 250 of the biggest web 3 games and I bet if you head to the site you're probably going
to find a game that you like I'll leave a link down below again where we can go and try some of these games now as for the tokenomics ALU is the native token of the platform which can be used to pay for fees and for trading nfts and in addition to those functionalities it also works as a governance token now the good news is that the token is not controlled by a large amount of venture capital investors which promotes a fairer ecosystem for the token and a better distribution that fair distribution encourages stronger Community participation
okay additionally there are upcoming exchange listings coming for this so you there'll be a lot more liquidity coming in for Alura in the coming weeks and months now Alura is a gaming platform founded by a gamer for gamers and developers it has partnered with industry giants like unity and immutable X and has been building for over four years so they're not exactly some Fly by Night new operation they've been around putting in the work okay putting the work when times were tough it's smart nfts and AI powered NPCs are a really cool idea and probably
one of the coolest ideas coming to gaming recent memory don't have to be a gamer to see the potential that this has but don't just take my word for it to leave Al tour's website link down below so you can go see for yourself and see what these guys are actually doing check out some of their games learn more about their ecosystem and of course thank you for supporting our sponsors and thanks for watching