• Games developers aim to incorporate blockchain and NFT technology in their new games
• Stratis CEO: Blockchain and NFTs the Future of Video Games

Stratis is a top blockchain platform that reveals videogame developers’ growing interest in blockchain and non-fungible token (NFT). Opinium also conducted a study that revealed the willingness of most respondents to use these technologies in their future games.

These developers believe that incorporating decentralized finance (DeFi), NFTs, and play-to-earn models will unlock each game’s full potential and provide more engaging player experiences.

In detail, there were 197 developers of video games surveyed in the US & UK. 58% reported that they have started to use blockchain technology. 47% have already integrated NFTs into their games.

Respondents expressed a desire to use blockchain and NFTs for their new games. 72% said they are considering it. 56% of those surveyed plan to realize these ideas in the coming 12 months.

However, 64 percent of respondents believe blockchain technology will become a major part of the gaming industry in the next 2 years. 53% of respondents agree that NFTs could be set up by then.

Blockchain and NFT technology are crucial for the industry. 61% of those surveyed believe it will allow for more innovative gameplay. It also keeps money in the game, which 55% of respondents said is a way to secure value for players.

54% of videogame developers are looking to give players real-world rewards. The network effects which incentivize adoption of games are a goal for 45%.

Game developers are most interested in GameFi (57%) when it comes to blockchain capability. Combining DeFi with NFTs gives players financial incentives to level up and play. Popular models such as play-to earn were also popular, accounting for 46%.

NFTs providing in-game items (44%), and, last but certainly not least tokenization (42%) follow. Chris Trew is the Chief Executive Officer at Stratis.

We commissioned this research to solidify what we already assumed — that blockchain and NFTs are the future of video games. Based on our experience working with AAA game developers, it is clear that these technologies have already begun to enhance the user experience through the reward system for players who can earn real-world values. Stratis has an SDK that can be used with Unity, and plans to include Unreal in the future. We’re betting big on blockchain gaming and we want to be the infrastructure layer.

He also noted, “With renowned platforms such as Epic welcoming blockchain-based games and NFTs, we certainly expect AAA studios to launch titles incorporating these technologies in the coming years. But there are so many indie game developers that will get there first.”

Jean-Philippe Vergne (Associate Professor, UCL School of Management), who is researching blockchain, commented in the meantime:

Blockchain technology is quickly becoming an essential building block of online gaming. What blockchain enables is incredibly compelling — players can now earn cryptocurrency while playing and trade digital goods both within and across games. Esports have seen a rise in popularity over the last decade, indicating that many gamers were ready to leave their jobs and turn their passion into a full-time income. Blockchain has jumped on the wave, making it easier for everyone to access this opportunity.

For JP Vergne, the early growth in play-to-earn gaming will come from emerging economies–earning a few dollars a day through gaming can send someone straight to the middle class. It can even transform the global economy.

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