While blockchain technologies such as cryptocurrencies, non-fissile tokens (NFTs), and Web3 are increasingly being adopted among investors and spreading into the mainstream, game developers don’t seem as enthusiastic about it as they used to be.
Game developers’ interest in blockchain technology is increasing!
Most of the world’s gaming companies were not interested in using blockchain technologies, in the opinion of 75% of game developers associated with these studios, who participated in a survey conducted by analytics platform Statista and published results in early 2023.
On the other hand, 16% of respondents said their studio was ‘somewhat interested’. Only 7% said studios were ‘very interested’, and around 2% of the 2,300 respondents said their studio was already using crypto, NFT and Web3 to support their games.
Game studios’ interest in blockchain, according to the developers. Source: Statista
From a developers perspective on the use of blockchain technology, it doesn’t seem to have changed much over the past year, as 56% of respondents in a Game Developers Conference poll said they were “against blockchain technology.”
Game developers’ views on blockchain technology. Source: Game Developers Conference
How are the blockchain games going?
However, Japanese gaming giant Square Enix has announced that it plans to further enter the crypto games industry through 2023 with the intention of launching new games, while its CEO Yosuke Matsuda expressed hope that “blockchain games will enter a new phase of growth.”
It’s worth noting that, as Finbold reported on Dec. 1, an earlier study showed that user activity in Web3 games in October and November 2022 accounted for about half (42.67%) of all blockchain activity across 50 networks.
In November, Remigijus Zinys, CEO of gamified social platform Breach.gg, told Finbold his view that metaverse games will evolve in the future, just like the early internet, as blockchain games and metaverse projects raise $1.3 billion in the third quarter of 2022. . increased by approximately 50% compared to the previous quarter.
And more recently, former Tinder Chief Product Officer Josh Sell has been appointed as the new Director of Operations at blockchain game developer N3twork Studios to help accelerate production of future Web3 role-playing games (RPGs), Legendary: Heroes Unchained and Triumph. . Both are scheduled to launch globally in 2023.
Disclaimer: The content on this site should not be considered as investment advice. Investment is speculative. When investing, your capital is at risk.
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