Blockchain and NFT trend is increasing day by day among game developers

Stratis, a blockchain platform, reveals the growing appetite of video game developers for blockchain and NFT technology.
Game developers’ interest in NFT and blockchain is increasing day by day.

In its research, Stratis revealed that game developers are showing more and more interest in blockchain and NFT technology. A study by Opinium Research found that most of the participating developers want to use blockchain and NFT technologies in the future.

The aforementioned developers think that combining and using decentralized finance (DeFi), NFT, and play-to-earn models will create value for games. Some developers also suggest that games go through these new technologies to unlock their full potential.

What does the Stratis report say about NFT?

In a survey of 197 game developers in the US, 58% of developers stated that they use blockchain technologies. 47% of the same group said that they started to integrate the NFT model into the games they developed. While 72% of all survey participants are considering using this technology for their new games, 56% of them plan to implement these projects in the next 12 months.

When asked about the role of blockchain and NFTs in the gaming industry in general, 64% of the participants stated that they believe these technologies will be widespread in the future. 61% of the participants consider NFT technologies as innovative and exciting. While these systems offer fun gameplay, they also generate financial value. This increases the interest of the developers.

Blockchain technology offers financial opportunities to both developers and players.

More than half (54%) of developers want to use blockchain technologies because it provides real financial value to players. Some developers think that users should be rewarded for playing games. In terms of overall results, play-to-win and NFT models are gaining increasing popularity among game developers.

Stratis CEO Chris Trew said:

“We commissioned this research to solidify what we already assumed — that blockchain and NFTs are the future of video games. From our own experience supporting AA game developers, we know first-hand how these technologies are already beginning to improve the player experience by rewarding players with the ability to earn real-world value. Stratis offers an SDK to the Unity gaming engine, with plans to add Unreal soon. We’re betting big on blockchain gaming and we want to be the infrastructure layer.”

Also, Trew thinks we’ll see AAA games soon on platforms like Epic.

Jean-Philippe Vergne, an Associate Professor at UCL School of Management, who is currently researching blockchain commented:

“Blockchain is rapidly becoming a core building block for online games. What blockchain enables is incredibly compelling — players can now earn cryptocurrency while playing and trade digital goods both within and across games. The rise of esports in the past decade has already indicated that there were many players out there who were willing to quit their day job and make gaming their primary income source. Blockchain is riding on this wave and making the opportunity available to all in a more transparent fashion.”

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