According to game creators, future games may include blockchain technology and non-fungible token (NFT) functionality and incentives. A recent study sponsored by Stratis, a renowned blockchain platform, showed that more than half of the 197 video game developers polled in the United States and the United Kingdom are experimenting with blockchain technology. At the same time, almost half of the respondents (47%) claim to have already started using NFTs in their games.
In a news release, Stratis CEO Chris Trew commented, “We commissioned this research to solidify what we already assumed — that blockchain and NFTs are the future of video games,”
They know how these tools are already starting to enhance the player experience by rewarding gamers with the chance to earn real-world value, based on their own experience helping AA game creators.
72 percent of respondents stated they would explore adopting blockchain and NFTs for new games, with 56 percent intending to do so in the next 12 months, showing interest in these technologies. In the meantime, 64% think that blockchain technology will be widely used in video games within the next two years, and 53% feel that NFTs will be widely used by then as well. This graph from Statista depicts the trajectory of global gaming growth until 2025.
When asked why blockchain technology in video games is important to the industry, 61% stated it allows for more inventive and engaging gaming, while 55% feel it ensures value for players by keeping money in the game. As use cases for blockchain in games, rewarding players with real-world value (54 percent) and network effects that promote game adoption (45 percent) came in second and third, respectively.