The Stratis blockchain platform team noted the growing interest of video game developers in blockchain technology and non-fungible tokens (NFT). A new study by Opinium also showed that the majority of respondents are ready to use these developments in future games.
The developers believe that the inclusion of Decentralized Finance (DeFi), NFT and play-to-earn models will unlock the potential of each game and provide a more fun gameplay experience.
The study surveyed 197 video game developers from the US and UK, and 58% of them said they were starting to use blockchain technology, and 47% had started integrating NFT into their games.
72% of respondents are considering using both technologies in new games, with 56% planning to implement these developments in the next 12 months.
Additionally, over half (64%) believe blockchain technology will dominate the video game industry over the next two years. 53% agree that NFT will catch up by this time.
61% believe blockchain and NFT technology is critical to the industry as it enables innovative and more immersive gaming experiences. 55% said it provides value to players by keeping money in the game.
The advantages of blockchain in games, according to 54% of developers, lie in the ability to reward players with real assets. 45% are looking for network effects that drive game adoption.
57% are interested in DeFi or GameFi and NFT tools, which can give players financial incentives to play, which is especially true for the play-to-earn model.
Jean-Philippe Vergne, associate professor of blockchain research at UCL’s School of Management, commented on the survey results: