Developing Play-to-Earn Crypto Games – Is it a Good Investment?

In today’s world, where blockchain technology has started becoming mainstream and NFTs have started to evolve more and more, it is important to know that the gaming industry was one of the first adopters of these non-fungible tokens. The gaming industry has started moving from individual games to more community-based ones, with deliberate scarcity to simulate the real-world experience. 

• In such NFT-based games, games that enable its players to earn while playing are getting famous currently.

• Games like Axie Infinity, Decentraland, and Sandbox have a massive user base consisting of NFT and crypto enthusiasts and some gamers. 

• Some people have even declared playing such games as their sole income source and this trend is only expected to rise.

If you are a start-up enthusiast who has been planning to begin a venture but could not come up with an impressive idea, then this blog is for you. Here, we provide valuable information on starting a business based on play-to-earn games.

Before Everything, NFTs in Games – Why?

NFTs (Non-fungible Tokens) are digital tokens with a unique value recorded on the blockchain. Using these, one can prove the ownership of a particular asset and its authenticity. The gaming industry wanted just this and games based on NFTs were either created from scratch or modified from existing games. Some reasons why NFTs could prove to be a game-changing aspect in the gaming industry include:

• Currently, in-game assets do not have any application if one has finished playing the game and such assets cannot be accessed outside the gaming platform.

• To transit from individual games to community-based games, in-game assets might be converted into NFTs to facilitate scarcity and thus enable a functioning in-game economy.

• In addition to this, a player can sell their in-game assets once they have finished playing the game through a marketplace – either in-game or in the popular ones. 

This feature enables players to cash out any money they have spent on playing and even more if they have won.

What are Play-to-Earn Crypto Games?

• Play-to-earn crypto games are the ones that utilize NFTs through in-game assets and gifting such assets if a player has won a stage as soon as the win is achieved. This is an upcoming domain and new games based on the concept are evolving day by day. Crypto assets will be rewarded to the players.

• Many such games are either based on battles or strategizing, or both. Such games contain an environment where player vs. player (PvP) and player vs. computer battles are possible, with PvP battles earning the maximum in-game rewards.

• In many games, players can sell off their assets if they do not need them anymore or you have finished playing the game so that none of the player’s invested money gets wasted.

Delving into Developing a Play-to-earn NFT Game

While playing such a game where NFTs are an inseparable part of the in-game economy needs an active and vigilant mindset, developing and maintaining such a game requires more amounts of the same. To make a huge part of your work easier, approaching a firm that pioneers in developing such play-to-earn games would be a good idea. Let us see how such an experienced development firm could assist with your ambitious project in the below points:

• A company with such expertise would have a dedicated team for ideation, whose job is to build the game’s core idea with you. In the process, what was a rough idea from you would have conspired into a plot for an upcoming blockbuster game.

• Such a company would assist you with building the game through a detailed plan that involves a lot of strategizing. Here, they will help you decide which stacks to use and the databases to be handled. Also, the team to work on and the tentative time to complete the development of the game would be finalized after analyzing the availability of required resources.

• Such a firm would have teams of experts specializing in front-end and back-end development in its possession. While front-end development concentrates on making a seamless user experience and interface, the back-end development team builds a robust and structured main platform for the game.

• Also, a firm with experience in developing NFT games would have an expert team of testers who would carry out automated testing to find bugs, errors and problems and sort them out to ensure that the game is error-free. They would also carry out alpha and beta testing to ensure that the gaming product works efficiently.

Some Benefits of Employing an Expert Firm for the Work

In addition to how an NFT game development company can assist your project in every step, it is essential to know how working with such a company has its advantages, which are given below:

• Your gaming platform can be deployed in any blockchain of your choice and even deploying your game across multiple chains is also possible to increase the value of in-game assets.

• The gaming platform can support both fungible and non-fungible tokens (NFTs) to attract more users and maintain some exclusiveness.

• Your gaming platform will be created so that any data entered inside is immutable as the platform uses decentralized storage mediums that are loss-proof to ensure that the data is highly secure.

• The gaming platform benefits from military-tier security features developed by an expert team that ensures that the product is tamper-proof and has advanced adversary detection mechanisms to suppress any malicious activity.

A Final Suggestion

Suppose you have read this far and have decided to step up your idea of a play-to-earn game with NFTs; congratulations! Yet, if you are short of the required expertise, do not shy away from contacting a firm that expertises in developing such NFT-based play-to-earn games to make your idea a reality.