How is the Future of Mobile Games Being Shaped by Blockchain-Based Game Development?
Coincidentally, blockchain technology is linked to cryptocurrency. Yes, the invention of Bitcoin brought the technology to public attention.
But that was only the start. Blockchain developed over time, gained traction in numerous industries, and eventually emerged as the most secure platform for handling sensitive data and conducting transactions.
Blockchain has been used by numerous industries, including retail, real estate, manufacturing, healthcare, and many others, after first being adopted by banks and other financial institutions.
Blockchain is now crucial for gaming applications as well. How decentralized database technology may help gaming projects have a solid development process.
This is why we are here to discuss how the future of mobile gaming will be shaped by blockchain-based game development. But let’s take a moment to talk about Blockchain’s fundamentals.
What is Blockchain, exactly?
The term “blockchain” describes a network of decentralized data blocks that allow access based on consent. Blockchain utilizes cryptography, a highly advanced form of data encryption.
Blockchain ensures unbreakable data security since it bans removing, changing, or interfering with data and records each input separately. “Write Only” prohibits blockchain tampering.
A blockchain-based game is what is it?
As we are all aware, Blockchain makes digital transactions simpler. Similar to this, Blockchain entered game app projects to handle game data for development activities and facilitate in-game transactions.
The developers can no longer have centralized control over the game projects and its attributes thanks to Blockchain-based games.
A Blockchain-based game software stores its game assets decentralized among various servers. Games built on blockchain technology can also use decentralized payment systems like cryptocurrency and non-fungible tokens (NFTs).
Ethereum Game Development and cryptocurrencies like Bitcoin and Ethereum are both supported by blockchain technology, which is a distributed ledger of transactions.
A computer network provides its power. Because records must be consistent across the whole network, the decentralized nature makes it difficult for anybody to change transaction data.
How Dangerous is the Blend of Blockchain and Gaming?
Blockchain technology is advancing advances in the video game creation sector in a variety of ways. Below, we outline some significant and undisputed ways that blockchain technology is revolutionizing the game production industry.
- Due to the fact that users can obtain game materials and virtual resources from many online sources, players have more control over the whole gaming experience.
- Blockchain-based gaming ventures introduced decentralized financial concepts like “play-to-earn.” It made it possible for game players to share in the earnings.
- Blockchain’s non-fungible tokens or NFT technology has made it easier for gamers to acquire virtual gaming resources like game themes, virtual game cash, etc.
- Blockchain is becoming more and more popular for in-game transactions because of its highly secure tamper-proof database technology.
- This will probably increase income for game apps that rely on in-app purchases to monetize.
- Blockchain is building a new gaming business based on mutual benefit, giving gamers ways to make money while playing and game producers a safe, inexpensive, transaction-pushing environment.
Three Important Trends in the Creation of Blockchain-Based Games
After describing how Blockchain technology offers new opportunities for both gamers and game developers, it is critical to consider the changing trends in game development that are supported by Blockchain technology. Here, we’d like to outline three key themes in the creation of Blockchain-based video games.
Community gaming
- Social gaming or game apps that enable social media connections for more cooperative and engaged play is another Blockchain trend.
- Thanks to Blockchain, the community-based gaming experience, which is essential for many game projects like the development of fantasy sports apps, can now provide a more streamlined gaming experience.
- Blockchain will make it easier to manage, store, and access these game characters and virtual assets in accordance with individual needs.
- Players may now collaborate in real-time to create unique game characters and assets of their preferences.
- Social gaming platforms built on blockchain are available to develop, deploy, and collaborate on unique gaming experiences.
Free online gaming
- Due to players’ increased influence over the gaming experience, the Open Web Games have exploded in popularity in recent years.
- As we’ve already stated, game creators are no longer the only owners of the games that have complete control over all project decisions.
- For a better gaming experience, open web games give users access to game resources from several sources.
- Using decentralized non-fungible tokens, or NFTs, gamers can combine a range of gaming assets and resources into their game projects, thanks to the open and decentralized environment that blockchain made possible.
- Uniquely, gamers can influence the look, feel, and gameplay of a gaming app and integrate game features from other websites.
- The ability to purchase game assets with cryptocurrency has now been extended to additional game apps.
- This is quite similar to building a virtual economy and ecosystem for players and creators.
Transactions in Virtual Games
- Virtual gaming transactions, mostly through NFT, have steadily increased in recent years, and they already make up a sizable amount of Blockchain revenue.
- We already have a large selection of NFT games that span many different game styles and genres.
- The NFT gaming experience has made Blockchain-based games increasingly popular.
- Many game producers are using NFT-based game transactions and game data management to reach non-traditional game audiences.
- An NFT-based motivational game app called Ignite, for instance, employed virtual currencies to entice users to do particular activities.
Conclusion
Blockchain game creation has already caused a significant uproar in the gaming industry, and it is not going to fizzle out like a passing trend in technology. It is advisable to conduct some research before entering the market for Blockchain Consulting Firms.
Blockchain technology has a very good chance of establishing all the major trends in the gaming industry.
The future of mobile gaming seems to look up to Blockchain technology for pushing the next barrier of innovations.