Blockchain Game Development: A Detailed Overview
Last Updated on: August 9, 2023
As per the statistics of IBISWorld, the gaming sector has constantly evolved and currently has a whopping US market value of $106.8 billion in 2023. With constant innovation and developments in the gaming industry, blockchain game development is the new buzzphrase with immense potential to transform traditional gaming.
Most of the traditional games are controlled by the game creators and the game players do not have any power or say in the gaming ecosystem.
Blockchain games, on the other hand, have paved the way for GameFi which is also known as Play-to-Earn gaming. Blockchain, when integrated into a gaming model, democratises all the significant gaming aspects and relocates the power into players’ hands with no single gaming authority.
This article will help you explore the nitty-gritty of blockchain gaming, and shed light on the following aspects:
- Systango’s Blockchain Game Development Services
- Features Of Blockchain Games
- Components Of A Blockchain Gaming Ecosystem
- What Are Gamefi And Play-To-Earn Crypto Games?
- Future Of Blockchain Game Development
- Our Blockchain Game Development Tech Stack
- Stages Of Blockchain Game Development
- Brief Of Blockchain Games Evolution Over The Years
Systango’s Blockchain Game Development Services
Our blockchain game development experts are skilled in gaming engines like Unity and Unreal. We offer a variety of tailored and ready-to-employ crypto and blockchain game development services like,
1. Custom Smart Contract Development
Systango specialises in writing and deploying tailored smart contracts on a blockchain platform.
2. Blockchain Game Development
We specialise in creating game logic, graphics, animations, and other components using Unity or Unreal Engine.
3. Token Development
We offer custom token development that serves as in-game currency or represents unique items within the game.
4. Game Marketing
We offer services like game deployment on various platforms, such as app stores or game marketplaces, to reach a wider audience, as well as promote it via marketing channels like social media to increase its visibility.
5. Game Maintenance
We also update the game regularly which includes fixing bugs like any game bug or a smart contract code bug and adding new features, as well as providing support to players.
6. Performance Tracking
We analyse the player behaviour and game performance data to assist developers in optimising the game and making informed decisions regarding future development.
Want to build or upgrade your decentralised gaming platforms? Check out our blog on blockchain game development services now!
Features Of Blockchain Games
Here are some of the prominent features of decentralised games:
1. Digital Ownership
Digital ownership gives the players greater control over virtual assets and helps build a vibrant GameFi economy.
2. Non-Fungible Tokens (NFTs)
Cryptocurrency games often utilise NFTs, which are unique and immutable digital assets.
3. Decentralised Economy
Players can trade in-game assets without any centralised authority. It offers a more diverse and dynamic in-game economy.
4. Cross-Game Interoperability
Decentralised games have a connected game experience. They let the players create interoperable game collectables and in-game assets. These assets can be exchanged across many GameFi ecosystems.
5. Player-Driven Markets
Blockchain games offer a dynamic and player-driven in-game economy. It also offers opportunities for players to earn real-world returns through in-game activities.
6. Provable Fairness
Blockchain offers provable fairness in decentralised games. This means that the outcome of an event is determined through cryptographic proof.
Components Of Blockchain Gaming Ecosystem
The following are the fundamental components that constitute the core of a blockchain gaming ecosystem:
- Wallets to support global player identities
- Smart contract as process regulation
- Tokens as digital assets and currency
- Player governance via tokens
What Are GameFi And Play-To-Earn Crypto Games?
GameFi is an amalgamation of blockchain-based gaming and finance. It is driven by blockchain, NFTs and smart contracts. GameFi offers economic incentives to the players, hence it is also known as Play-to-Earn(P2E) gaming.
Players can earn rewards by winning tasks, battles with players and completing game levels in GameFi. They can also trade the in-game assets across NFT marketplaces and cryptocurrency exchanges.
Now, pause for a moment and focus on the traditional games. The traditional game items purchased by players hold no value beyond the game’s realm. Furthermore, players spend money to get these items, but they have no authority over them.
But, GameFi transforms this via blockchain, cryptocurrencies, and DeFi applications. It offers an engaging financial reward system.
Blockchain Game Development Statistics On GameFi
Check out some of the statics on how GameFi is performing in the current global gaming industry.
- As per the MarketsandMarkets research, global blockchain gaming will touch $65.7 billion by 2027. This will result in a 70.3% Compound Annual Growth Rate.
- On January 25th, 2023, Axie Infinity had a value of $11.98.
- As stated in Financial Express, a gaming data platform, the mobile platform’s in-game transactions will contribute to revenue growth of 9.6% approximately by 2023.
- As per a Newzoo.com report, the gaming industry surpass the $200 billion mark by the end of 2023. The market will expand at a compound annual growth rate (CAGR) of +8.3%, reaching $200.8 billion by that time.
- With approximately 3 billion gamers worldwide, the Asia Pacific region has emerged as a significant market for blockchain gaming.
While the market offers vast growth potential GameFi will need to adapt to the evolving ecosystem of Web3.
P2E Gaming Models Offered By A Blockchain Game Development Company
We offer a range of play-to-earn (P2E) gaming models that leverage blockchain technology to create immersive and rewarding gaming experiences. With expertise in the gaming market, Systango can assist in building a successful gaming project tailored to your needs.
1. Metaverse Games
Metaverse games are virtual spaces where players can interact, create, own, and monetise their virtual assets. Systango can help you create a captivating metaverse game similar to popular titles like Somnium Space and Axie Infinity.
2. NFT Trading Card Games
If you’re interested in NFT trading card games, Systango can assist in developing virtual collectable card games where the value of the cards increases based on their rarity, utility, and ownership. Examples of successful trading card P2E games include Axie Infinity and Alien Worlds.
3. Avatar-based Games
For those who prefer avatar-based games, Systango can build engaging play-to-earn crypto games where players control unique in-game characters with distinct skills, features, and weapons. By completing tasks, players can earn rewards and advance in the game. Prominent examples of role-playing P2E crypto games include Illuvium and Decentraland.
We understand the importance of blockchain technology and its integration with gaming. Our experts can help you develop game-specific cryptocurrencies or utilise existing ones to enhance the P2E experience.
With expertise in myriad programming languages and blockchain game models, Systango can also implement robust gaming smart contracts, which act as proof of authenticity and traceability for in-game assets.
We can assist in finalising the P2E gaming business model that best suits your goals, building the game platform, and establishing revenue streams through in-game purchases, transaction fees, and display advertisements. Systango’s comprehensive approach to play-to-earn game development sets you on a path to success in the evolving world of blockchain gaming.
While the market offers vast growth potential GameFi will need to adapt to the evolving ecosystem of Web3.
Now that we understand the fundamental P2E gaming models, let’s unfold how to select a blockchain game development company.
How To Choose A Blockchain Game Development Company For Your Gaming Projects?
- When choosing a blockchain game development company, it’s important to look for expertise in blockchain protocols like Ethereum, Binance Smart Chain, and Polygon. This will enable the company to select the most suitable blockchain for your game and implement it effectively.
- You should also check out their previous blockchain game projects and analyse the technical aspects of these games, like smart contract implementation, NFT integration, and decentralised game logic.
- It’s also important to evaluate the technical team of the company and check their proficiency in blockchain development languages like Solidity and Rust, as well as game development frameworks like Unity and Unreal Engine.
- Inquiring about blockchain game security measures, such as two-factor authentication, encryption, and regular smart contract auditing, is also crucial to ensure the safety of your players’ data and assets.
- Discuss and analyse the company’s approach to scalability and its strategies for handling increased user activity and transaction volume is important.
- Understand the company’s approach to blockchain infrastructure and node management as it ensures the stability and reliability of your blockchain game.
Looking for tips on how to select a blockchain game development company? Read this blog now!
Future Of Blockchain Game Development
Blockchain game development continues to surge, while the metaverse ecosystem offers opportunities for games to thrive in the blockchain universe.
Financial institutions predict that the metaverse has the potential to lead the $8 trillion market. Blockchain integration in gaming apps is a significant driver of this market growth.
In the first quarter of 2022, GameFi attracted over 1.22 million unique active wallets, comprising 52% of the total activities in the blockchain ecosystem, as per the ‘DappRadar x BGA Games Report – Q1 2022.’
Storing large in-game assets on the blockchain is enticing to many. Gamers can exchange these assets for monetary value. And, game companies can create persistent platforms for other developers to build upon. But, GameFi is still in its evolving stages and faces its own set of challenges
Our Blockchain Game Development Tech Stack
The tech stack of blockchain game development constitutes the following:
1. Smart Contract
Many developers utilise the Remix Integrated Development Environment (IDE) to develop smart contracts. But, there are also alternative tools like Hardhat, Truffle, and Brownie.
2. dApps & Web3 Libraries
Web3 libraries are the bridge between game developers and players within the blockchain platform. Gaming dApps are usually developed with Unity or Unreal Software Development Kits (SDKs).
3. Node/Web3 Providers
Node or Web3 providers access the information stored on the blockchain network. They are crucial in the blockchain development suite, and help Web3 libraries interact with smart contracts.
4. XR Hardware In Blockchain Game Development
XR hardware, like haptic gloves, smart glasses, and scanning sensors., connects GameFi and Metaverse. They offer immersive and engaging cryptocurrency games.
5. Open Interoperable Media Standards
These standards encompass 3D scenes, texts, audio, and vectors that fuel decentralised 3D applications.
6. Digital Wallets
Each blockchain game development platform has a digital wallet for player identification. This wallet has a unique address & holds various GameFi collectables and in-game assets.
Stages Of Blockchain Game Development
The process of blockchain game development involves the following steps:
- Blockchain Network Selection
- Game Design and Development
- Wallet Integration
- Testing and Debugging
Brief Of Blockchain Games Evolution Over The Years
The first blockchain game to gain widespread popularity was CryptoKitties, which innovated in late 2017. CryptoKitties is a collectable game that helps players to create and trade unique digital cats using the Ethereum blockchain.
Following the success of CryptoKitties, several other decentralised games were released. Decentraland, for example, is a virtual world that allows players to create, experience, and monetise in-game assets.
Axie Infinity is another popular decentralised game that combines elements of collectable games, strategy games, and trading card games.
Decentralised games also help players engage in GameFi through their in-game activities by participating in virtual economies, staking tokens, or contributing to network security.
Current State Of Decentralised Games
With the growing popularity of decentralised games, the gaming industry is seeing an influx of investment and development. Additionally, the rise of decentralised finance (DeFi) in gaming has led to the development of GameFi platforms.
Summing It Up
Adapting GameFi ecosystems can be steep for users unfamiliar with blockchain. Hence, intuitive game interfaces can reduce the entry barrier for new players.
As blockchain game development is still in the evolving stages, increasing awareness about blockchain games and their benefits makes them user-friendly. This will drive wider adoption of gaming DAOs and cryptocurrency games. And, it will also power the future gaming communities.
For blockchain game development, connect with our expert blockchain app developers and build your dream GameFi ecosystem seamlessly!