top of page
Search

NFTs: The following Stage of Evolution for the Gaming Industry

Updated: Mar 7, 2022

Why NFT Games will be the Future?


In-game items are part of gaming for about as long as gaming has existed. The flexibility for a player to accumulate more powerful items as he advances through a game could be a crucial part of the player character’s development. This has made in-game items an important part of the majority of video games. These in-game assets are especially valuable in MMORPGs and Simulation Games. Because the things exist as a part of an ecosystem that's shared with other players, they need planet value to other players. Assets may be bought or traded between players because the introduction of in-app purchase has given items a quantifiable value.


The presence of in-game assets in MMORPGs and Simulation Games have. However, it presented many issues. Items can now be hacked and stolen, duplicated or perhaps just disappear from a players inventory thanks to one line of faulty code. Players can lose items that they worked for several in game hours to amass through no fault of their own. Even worse, lost items could include assets that the player paid real-world money for.


Every game encompasses a developer room. This can be a space within the sports world that contains all the things developers have imported into the planet. Of course, so as for the sport to function this room has got to be by entirely inaccessible two players.

Using hacks and exploits players could duplicate every single item that appeared within the game. This caused the in-game economy to crash, leaving many players who paid money for items within the Atomic Shop with a worthless inventory. This was one amongst the foremost status samples of an in game market crashing but it's in no way the sole one.


The NFT Solution

In order to make a system that’s resistant against these varieties of problems, individual items must be traceable as they're traded throughout the sport. This can be an ideal application for blockchain and thus why the new technology of NFTs is such a visible solution for the gaming industry. NFTs provide players true ownership of an item that can't be duplicated and can retain its value. The history and ownership of the item is back-traced along the blockchain. This makes NFTs a technology that several game developers are going to be forced to integrate in any MMORPG and Simulation Games that features an in-game economy.


Currently, Google and Apple hold somewhat of a duopoly on app and game distribution. The Google Play store and Apple App store absolutely dominate their nearest rivals in terms of revenue and therefore the number of applications available on each. The ability that Apple and Google hold over the market is demonstrated by the lawsuit that Epic Games have brought against Apple, accusing them of misusing their market power. In doing this, Apple has allegedly been ready to substantially lessen competition within the app distribution and payments market.


This poses something of an issue for the event of NFTs within the gaming sphere. To possess a game listed in either of those stores a developer must abide by a strict set of rules. Currently, neither Google or Apple are allowing any crypto payments or the other crypto related link within their app stores. For a game to be cosmopolitan across the globe it's vital that it appears on one amongst these platforms. For this reason, this represents a severe obstacle to NFT economies developing across the gaming industry.


This is why the games industry must shift to a completely new paradigm. The ability currently held by both Apple and Google is holding back the event of exciting new gaming technology. The advantages offered by NFTs are undeniable and might benefit many various games across the industry but they're being held back by the state of the market.


NFT Startverse



Unicorn Studio is excited to be part of this new era for gaming with the development of NFT Startverse. This is a metaverse game for anyone who wants to build their own startups. Players join the game to build their dream lives, dream companies, meet their dream couple, hire friends to work for them, and earn real money.


We aim to give players the best experience in the metaverse world. To succeed in-game, you must succeed in your career and relationships. Players must fulfil their needs to balance between sleeping, eating, working, and gyming just like real human beings. They will also need to find a job or build their own company to earn money. The real objective of the game is to organise your time to help your character reach career goals and succeed to the best ability.


The latest Virtual Reality technology is implemented into Startverse to bring an unique 3D experience in the virtual world. Our game will support running on:

Mobile: Android, IOS and also for WebGL and PC.


In Conclusion, NFTs are becoming an ever increasing feature of video games for an extended time to return. The power to permit in-game items to become safe assets which will be created and owned and still retain their value is such a revolutionary breakthrough for gaming. they'll strengthen any gaming economy that integrates them and make it healthier and more sustainable. Startverse is delighted to be an element of this gaming future.


●●●


Join the community of startups, bosses, land holders in Startverse from all over the world while receiving the latest project news and enjoying special contents:


 
 
 

Comments


bottom of page