A new study from the UK shows that most game studios have already started exploring blockchain technology for their future games.
The new study, commissioned by the blockchain platform Stratis and conducted by Opinion, involved 197 video game developers from the United States and the United Kingdom. The results show that 58% of developers have started using blockchain technology, and almost half (47%) of respondents have started integrating non-fungible tokens (NFT).
The study points to developers’ trust in blockchain and NFT, with two-thirds of the studios expecting blockchain to become mainstream in the gaming industry over the next two years. While 72% of respondents are considering using blockchain and NFT in future games, more than half (56%) plan to implement the new technology within 12 months.
In an interview with Cointelegraph, Stratis CEO Chris Trio explained that blockchain technology, tokens and NFTs are important technologies for new digital worlds and gaming experiences. “This allows players to own a stake in the games they play, such as buying land in the meta-verse like NFT, or a car in a racing game,” he said.
“Historically, games were paid for, and they only benefited companies and platforms. Blockchain and NFT turn this situation upside down.”
According to the study, the three best benefits of blockchain for the video game industry are innovative gaming (61%), which provides value to players by saving money in the game (55%) and rewarding players with real value (54%).
While indie game developers were the first to jump into blockchain and NFT, with around 20 of them working on the Stratis blockchain, Trew believes that mainstream developers, also known as AAA companies, will not be far behind. Big names like Ubisoft and EA have already announced their interest in the technology, and Epic Games has welcomed blockchain games to its platform.
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Game developers’ interest in blockchain is focused on decentralized finance or GameFi (57%), games to make money (46%), NFTs that offer in-game ownership (44%) and digital in-game currency (42%). .
Trew commented that game developers will consider the impact of the network of games they play to make money, or players will simply move on to games that reward them for their time. – The players are excited. Giving them the chance to gamble, make money in the metaverse as much as you can in the real world, is a revolution. “