A Glimpse Into the Past The concept of smart contracts predates the inception of blockchains, having been delineated by Nick Szabo in 1994. The first practical application emerged years later in 2015 with the Ethereum platform. Fundamentally, smart contracts automate contractual obligations and eliminate intermediaries. Smart contracts have found extensive applications in finance, overshadowing their potential to automate processes across various domains.
For a game built on smart contracts, it’s easy to imagine an economy operating billions. Excluding the influence of third parties, whether intentional or unintentional, ensures confidence in the stability of the in-game economic model. Resistance to Censorship I think almost every gamer has faced being banned for unclear reasons or even denied access to a game altogether. A decentralized game is protected from this as much as the blockchain it runs on is protected.
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