Ever since the invention of computers, the gaming industry has been having an increasing number of audiences for its sector. Along with the improving technology, games have also developed a lot. In this blockchain era, the NFTs has given a new look for the online games. Now, let us explore what improvements does NFTs brought into the gaming industry.
Unlike the regular Non-Fungible Tokens, NFT games not only lets you hold an unique digital entity but also lets you to swap or trade your unique collection easily with your fellow players. To perform such swap actions, the developers creates a customizable smart contract that can pre-define how the NFTs can be used in the specific gaming platform.
Non-Fungible tokens are the assets that can take many forms in the digital world. Such a factor can benefit the games in several ways. When it comes to old-fashioned real world games, the gamers can acquire money and other such accessories but they won’t be able to posses those commodities outside that game. In NFT gaming, the gamers can utilize the accessories that they won in one game in several other games and can also trade them for any cryptocurrency if required. This appears to be a great opportunity for gamers to gain a huge revenue. Such features has reeled-in a huge number of gaming audience and eventually increased the demand for NFT Gaming Platform Development Services.
NFT Gaming Platform Development is a process of creating a decentralized platform exclusively for gaming. The idea of involving NFTs into gaming industry is solely for the gamers who are fond of collecting unique gaming entities like an avatar, an armor, or a vehicle etc. As it is being developed on a blockchain technology, the gaming rules and the features of the accessories used in the games can be defined in the form of a smart contract. This makes it easy for the developers to upgrade the platform whenever required.
Below mentioned are some of the effective features of NFT Gaming Platforms.
Right of Possession - While using the NFT Gaming platform, the players can solely posses several in-game assets. Due to the advanced features in the blockchain technology, those assets can be moved to several other crypto gaming platforms and it can also be sold to other gamers.
Highly Secured - Unlike the traditional games, in NFT gaming platform, the NFTs exist on the blockchain network that is independent from any particular gaming platform. Therefore the possessions of the gamer is highly secured in the hands of the gamer itself regardless of the gaming platforms.
Verifiable Rarity - There are several gamers out there who are fond of collecting unique, rare elements. For such collectors, NFT gaming platform offers a blockchain ledger which makes it easy to know the uniqueness of each NFT element and also has its ownership details.
Interoperable - In NFT gaming, due to its decentralized nature several game assets can be designed in a way that it can be operated on various gaming environments. To illustrate, an element like an avatar or a weapon can be accessed from multiple gaming environments if built on the same blockchain network.
Transparency - All the transactions that are made by the gamers will be stored in a common blockchain ledger. Hence no scam is possible while purchasing a gaming accessory.
Liquidity - Since the platform is decentralized, without any restrictions, every gamer will have the right to convert their gaming assets into real world money with ease.
Among several NFT games, below listed are some of the most popular NFT games in 2021.
While looking upon the revenue side of these above mentioned games, it has been said that Axie Infinity has reached somewhere around $20 million, Gods Unchained about $5 million and the other games has reached millions as well. This itself has proven the fact that NFT Gaming Platform Development would be a lucrative investment option.
It is a well-known fact that the NFT industry is one of the fast growing technology in this digital world. While considering its pace along with the increasing number of online gamers, the NFT Gaming platform would soon reach a state where it is being considered as one of the most profitable platform that ever exists.
While seeing the promising future of NFT Gaming Platform, it would be a wise choice to invest in it at the earliest, so that you can generate a hefty revenue out of it. To do so get in touch with a leading NFT Gaming Platform Development Company like Security Tokenizer.
NFT Gaming Platform Development on Adventure Genre
NFT Gaming Platform Development on Arcade Genre
NFT Gaming Platform Development on Combat Genre
NFT Gaming Platform Development on Casino Genre
NFT Gaming Platform Development on Athlete Genre
NFT Gaming Platform Development on Racing Genre
NFT Gaming Platform Development on Puzzle Genre
NFT Gaming Platform Development on Simulation Genre
In order to launch your own NFT Gaming Platform on any of the above mentioned genres, reach out to us. Apart from our effective gaming development solutions, we also offer NFT Marketplace Development Services on various trending blockchain technologies like Ethereum, Solana, Cardano, TRON, Binance Smart Chain, Polkadot, Polygon and so on.