Blockchain Game Development
Conventional video games are being disrupted through games on the blockchain. The ERC721 protocol for the Ethereum based game development is becoming a trend, since the last quarter of 2017. However, it has major drawbacks, such as increased Ethereum gas prices.
Our team with blockchain enthusiasts and game designers will develop an optimized, gamified blockchain to run your game. We will make use of transaction attributes and unique private assets that are the main features of the blockchain.
Features of Blockchain Game Development
The blockchain will be an ideal solution to current issues with gamification. You can streamline transactions by enabling your users to have a genuine digital asset with seamless integration of developers and players.
Smart contracts provide transparency to Role-playing games (RPG) and gambling industry for checking the winning rates for the dealer, which is not possible in a centralized server. Every time there is a transaction on a smart contract, there is an increase in the value of the smart contract.
Ownership of Assets
In-game assets, such as swords and skins, will be coded into non-fungible tokens that are completely unique and similar to real-world resources. Developers and players can create distinct characters and items that have their own attributes and legacy. Players can buy and sell these assets.
Our proposed gaming architecture will use the distributed ledger for reduction of block validation processing time. We will qualitatively evaluate the architecture to provide security and privacy for your gaming applications.
Benefits of Blockchain Game Development
Compensation & Sponsorship
The games developed can directly link the sponsors to the game developers, allowing new revenue models to emerge. The developers can charge minimal transaction fees to enhance their earnings.
Open Source Mentality
We can create a marketplace and ecosystem around your games. You can incentivize developers to build new assets and take ownership of the game, providing real compensation and monetization of your ideas to games.
Regulated Gaming Economies
Blockchain will enable developers and server owners to collect royalties for items being traded in their gaming worlds. You can charge commissions or transaction fees (fiat or cryptocurrency) to enhance their revenue.
You can collect micro-payments with ease at much lower fees and faster transaction times. You will be able to add real-world value to your games and monetize assets in the game. In addition, you can have subscription services and allow users to spend up to their limit.
Reducing Revenue Loss
Games on Blockchain will reduce the losses in revenue due to fraud with the addition of zero cost for chargebacks and failed transactions. In addition, as blockchain is immutable, you can hold billions of dollars in a safe environment.
The transactions on the blockchain will be faster, safer, and more cost-effective for users and developers. The coins/tokens will be stored in the player’s wallet and you need not worry about the responsibility of the virtual currency, as the control of the currency is with the player.