Is NFT Game Development The Future Of Gaming?
Last Updated on: August 29, 2023
Since the infancy of blockchain-based gaming, NFT game development has gained much traction. It has further powered gamers with play-to-earn gaming opportunities.
Starting from Spells Of Genesis to Splinterlands- Age of The Minotaur, NFT games had a value of USD 3292.73 million in 2022.
Play-To-Earn NFT games grew at a compound annual growth rate (CAGR) of 17.93% during the forecast period. By 2028, the market is estimated to reach USD 8856.95 million.
NFT game development also powers Web3 gaming via GameFi opportunities. GameFi, as the name suggests, is an amalgamation of the decentralised gaming and finance industry. It aids the players to earn while they indulge in gaming.
GamiFi revolutionises traditional game mechanics by implementing blockchain, crypto and DeFi applications into the gaming platform. It creates an engaging financial reward system in the form of NFT games.
Here, we will analyse the core of NFT game development and how it is the potential future of the decentralised gaming industry. This blog will cover the following sections of NFT games:
- What Are NFT Games?
- Top NFT Games
- What Is NFT Game Development?
- How To Develop NFT Games?
- Systango’s NFT Game Development Services
What Are NFT Games?
NFT games are visual games regulated solely using NFT tokens as an integral component of their gaming platforms. Known as Play-To-Earn (P2E) games, NFT games offer players more control over in-game assets. The asset ownership is validated via in-game collectables, as they are tradeable NFTs, which you easily exchange or trade with other players.
In NFT games, a player can tokenise his gaming collectable and convert it into a gaming NFT. The in-game assets can be exchanged for equivalent money or digital assets. They can also be cashed out on Decentralised Exchanges (DEX).
One of the distinctive attributes of NFT games is that they can be curated to retain their value beyond the game’s peripheral. NFT games function on the P2E gaming model and offer the players native gaming tokens in the form of rewards.
In some instances, the players also get NFTs as game rewards. The value of these gaming NFTs directly depends on the in-game collectables and their utility. As the credibility and value of a gaming NFT depend on its market demand and supply, it can happen that the players do not earn due profit by selling these gaming NFTs at times.
Now that we are familiar with the concept of gaming NFTs, let us check out some of the Top NFT games of 2023 in the next section.
Top NFT Games
NFT games or Play-To-Earn games have powered game owners and players with an endless stream of income and decentralised game control. They offer in-game purchases, regulate in-game NFT marketplaces and offer unparalleled freedom to the game players while trading gaming NFTs. Some of the top NFT games of 2023 are as follows:
- Axie Infinity
- The Sandbox
- Render Token
- Enjin Coin
What Is NFT Game Development?
NFT game development is a way to build a crypto game that is regulated by NFTs as the primary mode of play. NFT games prioritise player engagement, enabling blockchain development companies to focus on developing avatars that incorporate non-fungible tokens in the form of unique clothing and skins as in-game collectables.
As game developers create NFT games, they incorporate smart contracts into the gaming platforms and establish specific rules for NFT gaming. Fundamental gaming features to be considered to develop NFT games are as follows:
- Captivating gaming NFT storefront
- NFT tokenisation and its discoverability on the gaming NFT marketplace
- Verified real-time gaming transactions
- Distinguishable gaming NFTs
- Smart contracts to automate game mechanics
- Liquidity via rapid gaming NFT trade
- Blockchain-based decentralised gaming platform
- Dynamic portfolio to offer varied tradable in-game weapons & avatars
- Gaming rewards via trading and in-game staking
- Distinctive NFT games create exclusive gaming titles
Now that we have a brief overview, let’s comprehend how to develop NFT games in the following section.
How To Develop NFT Games?
There are various genres of NFT games and before you begin NFT game development, it is crucial to explore these gaming genres. Below mentioned are some of the most important genres of NFT games:
- Metaverse-based NFT games
- Card NFT games
- Battle royale NFT games
- Auto-battler NFT games
- Crypto-shooter games
- Multiplayer NFT games
- Simulation web3-based NFT games
- Esports NFT games
- RPG NFT games
- Racing NFT games
The fact that players can earn through all the above-mentioned NFT games genre makes it unique and profitable. Not just by completing targets and levels of NFT games, players can also monetise their earned collectables like avatars and virtual coins by staking and trading the gaming NFTs.
NFT Game Development Cost
Determining the NFT game development cost is quite subjective as it involves a lot of research and evaluation of certain factors like
- Tools like Unity to build NFT games
- Selection of Blockchain protocol like Ethereum
- Frontend and backend technologies
- Niche gaming audience
- Dynamic NFT gaming features
- Design of the NFT game platform
- Development of the NFT marketplace
- Interoperability for cross-chain NFT trade
Therefore, NFT game development cost is in direct proportion to the number of gaming platform features and its underlying tech stack.
Steps Of NFT Game Development
Follow the steps given below to develop an NFT game seamlessly:
- Unique Storyline for NFT Game Development
Conceptualise a unique storyline for your NFT gaming platform which includes privileges like asset ownership, rewards, royalties and battles/levels.
- Build An User-friendly Design
Curate a user-friendly NFT game design which includes realistic characters and avatars, an intriguing gaming backdrop, and an immersive user interface to maximise end-user experience.
- Tech Suite For NFT Game Development
Build a robust NFT gaming platform frontend and backend using tools like Unity, Unreal Engine, AR, VR, Metaverse and AppGameKit for an appealing gameplay experience.
- Implement Smart Contracts
Implement bug-free smart contracts for the timely automation of NFT games to regulate in-game processes and gaming NFT marketplaces.
- Crypto Wallet Integration
By integrating a secure and user-friendly crypto wallet with your NFT game, players can securely store their NFT assets, such as characters and skins, which are associated with unique IDs to safeguard the privacy and security of these valuable collectables.
- NFT Marketplace Development
Build a robust and interoperable NFT marketplace for seamless bidding and trading of your gaming NFTs.
Now that we have a clear picture of the NFT game development process, let’s see what an NFT game development company like Systango has to offer in the following section.
Systango’s NFT Game Development Services
Systango as an NFT game development company can help you build intriguing NFT games. It can also help you launch your very own NFT Gaming Marketplace, which promotes immersive gameplay by simplifying the process of minting, purchasing, and trading in-game collectables in the form of NFTs.
Following are our NFT game development services:
- Tailored blockchain game Development
- Gaming smart contract development and auditing
- Gaming wallet integration
- Character and avatar designing
- Gaming NFT marketplace development
- In-game asset tokenisation
- Game node launching
- Game maintenance and monitoring
The integration of NFTs in game development has gained traction within the gaming industry because of the unique ownership and value that they provide to gamers.
By implementing blockchain technology, game developers can create immutable in-game assets that can be bought, sold, and traded on decentralised marketplaces.
NFT game development has immense potential, and developers are capitalising on the new possibilities that NFTs offer. Technologies like Web3, metaverse, smart contracts, and game engines are instrumental in enabling NFT gaming and will be essential to its continued success.
For robust NFT game development, connect with our blockchain experts and build your dream gaming platform and NFT marketplace today!