Economic “Game-Fi” and “Play-To-Earn” systems set to transform the game, according to a survey of developers
LONDON, December 15, 2021 / PRNewswire / – ‘GameFi‘, the introduction of decentralized finance in games, and ‘Play to win‘, a business model that rewards gamers with real financial value, are the highest priority feature of blockchain technology, according to new research with video game developers.
Based on a survey of video game developers in the US and UK commissioned by the leading blockchain platform, Stratis and undertaken by independent research agency Opinium, the blockchain capacity with the greatest potential in gaming is DeFi (decentralized finance) at (57%). After that, there was governance – voting using tokens in a decentralized autonomous organization (48%) and gambling to win, which rewards players with tokens for gambling (46%).
Gambling to win has aroused great interest among respondents: 51% said the system will revolutionize the gaming industry, while 47% believe it is ‘interesting but needed more development‘. Barely 2% agreed it was ‘a passing fad‘.
Chris trew, CEO, Stratis, noted: “Web 3.0 and blockchain technologies are changing the nature of gaming and influencing the way games are built. This survey shows that we will soon see ‘GameFi‘ and ‘Play to win‘ features in the latest releases of AAA games, which will offer players financial rewards in return for their time and attention. People have long speculated on the blockchain‘killer app, well now we know it‘the game.”
He continued:“Stratis already offers an SDK for the Unity engine, and we plan to add Unreal shortly. We‘Seeing hundreds of requests from game developers looking for a scalable blockchain infrastructure, he‘a level of interest that we‘I’ve never seen it in any other industry. “
Massively multiplayer online games (MMOs) and role-playing games (RPGs) will benefit the most from blockchain technology, with 47% believing MMOs will be enhanced by blockchain technology, while 44% said blockchain will transform people. role-playing games and action role-playing games. Meanwhile, 43% and 38% respectively said that multiplayer online combat and simulation / sports games would benefit.
The developers are already tapping into blockchain technology – 47% (RPG), 46% (real-time strategy), and 41% (multiplayer online combat arena).
Commenting on the results of the Opinium research, Joost rietveld, lecturer in the Strategy & Entrepreneurship Department of the UCL School of Management, noted: âVideo games have long been a springboard for new applications seeking to break into the mainstream. The Wii introduced us to motion-sensitive controls, PokÃ©my Go has demonstrated the value of augmented reality, Angry Birds has taught us about the ease and simplicity of touchscreen controls, and smartphone games have helped popularize new revenue models.
âBlockchain may be the next step. Cryptocurrencies and blockchain are helping game developers find new ways to engage and reward their players. Virtual items can now exist outside the confines of a game and gamers can be rewarded for their in-game activities with currencies that have real value. If you want to understand how new technology can be applied successfully, then video games are the place to watch. “
Stratis meets the needs of the Microsoft .NET community and can be deployed on Microsoft‘s IaaS platform, operating Azure‘capabilities such as storage services and enterprise service buses.
Stratis blockchain offers a decentralized application deployment platform integrating ‘smart contracts‘ for automated value exchange. On $ 2 billion in value has been successfully secured on the Stratis public blockchain by hundreds of decentralized sidechain master nodes. The Stratis team has extensive experience in enterprise technology, gaming, NFT, and DeFi. Today, more than 15 open source projects rely on Stratis.
OPINIUM is an award-winning strategic analysis agency founded on the belief that in a world of complexity, success depends on the ability to stay on top of what people think, feel and do.
Jessica waugh bacchus
Fire on the Hill
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