Video games with the idea of NFT, DeFi, and play-to-earn models will receive the greatest potential to add value and create a more engaging player experience. And the majority of the respondents said they would consider creating games with these innovations. Between October 1st to October 8th, Opiniums specialist video game research surveyed the video game industry from US and UK to ascertain their attitudes to blockchain technology.
Accordingly, the gaming industries first piece of research commissioned by leading blockchain platform, Stratis and undertaken by award-winning insight agency Opinium, mentioned that over half of 917 video game developers surveyed in the US and UK are now started to use blockchain technology, and even 47% have already started to incorporate Non-Fungible Tokens (NFTs) in their games.
Furthermore, 72% of the respondents said they will consider using these technologies such as NFT, DeFi, and Play to Earn for new games, and 56% planning to do so in the next 12 months. Eventually, 64% believe that blockchain technology will become popular and famous in the next two years, and 53% agree that NFTs will become more common by then too.
More so, in the survey of why blockchain technology in video games is important and valuable for the gaming industry, that 61% said it allows for innovative and more interesting gameplay, and 55% believes that it will secure value for players by keeping money in the game. Even more, rewarding players with real-world value 54% and networks effects that incentivize the adoption of games followed by 455 followed close behind as use cases for blockchain in games.
Henceforth, CEO of Stratis, Chris Trew said, “We commissioned this research to solidify what we already assumed, that blockchain and NFTs are the future of video games. 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. “. Also he added, “Stratis offers an SDK to the Unity gaming engine, with plans to add Unreal soon. We’re betting big on blockchain gaming and we want to be the infrastructure layer”.
Following that, Jean-Phillippe Vergne, Associate Professor at UCL School of Management, currently researching blockchain, comments on the finding of the Opinium research, mentions, “ Blockchain is rapidly becoming a core building block for online games. What blockchain enables is incredibly compelling, players can now earn cryptocurrency while playing and trading digital goods both within and across games. “
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