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72% of Game Designers Would Consider NFTs and Blockchain Elements for New Games -Breaking

by Mike Robinson

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72% of game designers would consider NFTs or Blockchain Elements when creating new games

The idea of adding blockchain technology, non-fungible token (NFT), functionality and rewards for future games is being explored by game designers. That’s according to new research funded by Stratis, a leading blockchain platform. This study revealed that more than half of the 197 U.S. and U.K. game developers polled are using blockchain technology. Nearly half of the respondents (47%) claim that they have implemented NFTs into their games.

“We commissioned this research to solidify what we already assumed — that blockchain and NFTs are the future of video games,”
stated Chris Trew, CEO, Stratis, in the company’s press release.

“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.”
Respondents indicated a keen interest in NFTs (blockchain technology) with 72% saying they would use these technologies to create new games. 56% of those surveyed plan on doing so within the next 12 month. 64% of respondents believe blockchain technology will be a major part of video gaming in the next 2 years. 53% think NFTs will also become more popular by that time. The following chart by Statista illustrates the global growth of gaming through 2025.

When asked why blockchain technology was valuable to the gaming industry, 61% stated it allowed for more innovative gameplay and 55% said it secured value by keeping the money in the game. The next two use cases were blockchain in video games: real-word rewards (54%) or network effects to encourage game adoption (45%)

Flipside

  • There isn’t a real flipside to this development. If we want mass adoption of cryptocurrencies, the best way to do that seems to blend two of the hottest growth trends on the planet – video gaming and NFTs.

What are the reasons to care?

It makes complete sense and is perfectly timed for the merger of crypto gaming and cryptocurrency.

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