As you can see, NFT games are gaining popularity daily. In this respect, we’ve created a summary of the long-term advantages that NFT games are predicted to provide. Continue reading.
Everything will revolve on ‘interoperability.’
That is a large term, and it encompasses a large concept. Your NFT collectable may be utilized in a variety of NFT games, though not all of them. Because the NFT is stored on a blockchain, its data and ownership are traceable, and it is impervious to tampering, it may be readily moved across NFT games that use the same blockchain.
This would be one of Ubisoft’s Quartz’s strengths. Being able to connect all of their main gaming brands and their products as NFTs would be intriguing for a publisher. To stave off suspicions of a cash grab, Ubisoft disclosed that it would not benefit from Quartz resells, and that this NFT platform will be constructed on the low-carbon Tezos blockchain.
NFTs allow users to wrest control of in-game goods away from the game’s publisher. In principle, items purchased and earned on an NFT blockchain may be utilized across several NFT games. Thus, if Ubisoft discontinues Ghost Recon Breakpoint but releases a new Tom Clancy shooter, you may theoretically transfer your ‘Clancy NFTs’ to the new title.
There are concerns about the extent to which this may be taken. What are the practicalities of moving an NFT across several sorts of NFT games, for example? Additionally, it begs the issue of whether this usage of NFTs would stifle originality, since all new NFT games will likely need the incorporation of previous NFT materials.
Games will lead the metaverse
NFT-powered games such as Splinterlands and Axie Infinity are already ahead of the curve for individuals interested in blockchains and the metaverse. NFT games will be a subset of the metaverse, with NFTs serving as the glue that connects them to the rest of our linked, digital future.
If you’ve read that text and are still wondering what the metaverse is, continue on. You can learn more about it in our comprehensive guide.
While some, such as Meta, see the metaverse as a single entity or location, it will almost certainly be more than a posh Zoom call. The metaverse will be distributed over the internet, with several platforms, NFT games, and websites hosting it. Microsoft’s recent acquisition of Activision Blizzard hints to the possibility of a Microsoft metaverse accessible through Game Pass. Click here to learn more about NFT Games
The metaverse is a blanket phrase for Web 3, and it will fundamentally alter how we socialize, work, play video games, and connect. It will have several aspects and places, and we shall have numerous ‘personalities’. Your Axie persona will very certainly be distinct from your Call of Duty persona, just as your LinkedIn identity is distinct from your Twitter persona.
Video NFT games have the potential to be the metaverse’s beating heart, connecting fashion, music, art, and events. Brands are already rushing to join current’metavese’ games — Adidas has purchased property in The Sandbox, a virtual real estate firm; Gucci has worked with Roblox to sell products; and Balenciaga has partnered with Fortnite developer Epic Games to provide virtual store-exclusive clothing.
The metaverse is already taking shape, and NFTs will facilitate and expedite its development.
NFT games will include elements of the real and virtual worlds
Consider FIFA with NFTs. That NFT collectable Spurs jersey you acquired or purchased in FIFA (assumedly) may be used for purposes other than in-game bragging rights. NFTs are demonstrating an unmatched ability to connect the digital and physical worlds.
The Bored Apes Yacht Club, which will release a BAYC game in 2022, as well as KokoSwap, conduct frequent events for its owners. Thus, FIFA NFT may entitle you to an invitation-only Spurs training camp or fan event. However, you may be able to get a really uncommon shirt as a wearable.
“It’s about making relationships,” explains Chris Clarke of KokoSwap. While digital wearables in NFT games may increase in value as a result of scarcity, NFTs also serve a purpose when the two worlds mix — in the future, clothing and items will be pulled from games and become tangible. “It’s the ability to integrate the two worlds,” Clarke explains, “that transforms a jpeg into something much more.”
Collectibles inside the game will be upgraded
This is an area in which big game companies are already experimenting with NFTs. To the chagrin of many, Konami issued a 35th anniversary collection of NFTs for Castlevania. Nonetheless, these NFTs sold for an average of $12,000 per NFT, indicating that there is demand.
Gamers are used to collecting gaming stuff and uncommon gifts. Possessing a piece of gaming history, particularly old game graphics and soundtrack, is very alluring. According to the Konami example, gamers held their noses and purchased.
For established companies like as Sega, Square Enix, and Electronic Arts, the potential to give fans a piece of history through NFTs will almost certainly be too good to pass up. Consider how NFTs may be used to monitor the ownership of physical treasures; if a new statue, figurine, or painting could be marked and its ownership recorded on a blockchain, we could be on the verge of a new age of game collecting.
“I see it occurring because there is so much value in it,” Chris Clarke adds, describing gaming NFTs in this manner as demystifying NFTs. “With the technology that is being developed today, I believe we are on the verge of arriving. With cryptocurrency and blockchains, I believe it is only a matter of scaling them to achieve widespread usage.”
NFTs will be the next Kickstarter project.
Crowdfunding is not a novel concept. For some years, Kickstarter has offered fans the opportunity to help launch NFT games, but the incentives are often your name in the game and a chance to be the first to play.
GameStarter, an NFT platform, enables independent developers to raise funds for their games by offering pre-sale in-game items as NFTs. This implies that players may choose an independent game, contribute to its funding, and get a piece of the game.
Additionally, GameStarter offers an in-game marketplace and a token ($GAME) for trading non-transferable in-game items after the title debuts. The route provided by GameStarter enables the development of a community prior to the release of a game, giving creators time to be innovative.
This is only one example, but GameStarter hints to a future in which gamers may become investors and acquire NFTs for a piece of a game. As with most of the new world of NFTs, some UX love and risk disclosure will be required for this to really take off. However, NFTs have the potential to create a whole new layer of crowdfunding for video games.