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Gaming Will Soon See Triple A Titles NFTs, Tokens and more!
If you didn't know already I believe one of the three core fundamentals of crypto success and growth will be gaming. So far most crypto games have been card collecting, battling, NFTs and some tokenomics which in many cases are trashed tokenomics lol.
During this bull run of the play 2 earn space a few things were learned in not only tokenomics but also the capabilities.
The tokenomics and basic gameplay I went over in more detail on a post A shift away from p2e The next phase for Crypto gaming
This basically outlines how core fundmentals of the game work including more ownership by the community with decentralization options. Allowing for free flowing tokenomics and adjustments of the game. This is a pivotal and critical part to the growth of a game because it allows players to vote for what they want and also to make adjustments and changes fast enough for keep the ecosystem healthy and thriving.
The next part of this perhaps late this year or into next year well be what are known as triple A games. These are your large form games that have more guts to them. They offer high end graphics, deeper gameplay, in game markets and much more. Think of it is new world but an ecosystem controlled by the players and also free flowing crypto tokonmoics.
It really starts to reminds me of the AH (Auction House) on diablo way back in the day which could have been seriously awesome. In this case however it would be fully on the blockchain, controlled by players and devs of the game and adjustments could be made when needed to create a flourishing ecosystem.
Right now we are a bit in a limbo stage where these titles take years to develop. Normally a games of these levels will take 3-5 years to build and well we are just about on year 3 now so we should be seeing some unfold here soon.
Until then we are kind of in the middle which is more of a blend between tradition browser based games with card collecting and buying assets for triple A titles as NFTs as a way to fund the development of the game. These NFTs don't really look awesome or anything but instead are asset ownership cards meaning you can buy a NFT asset today and use it later in the game.
We see this in the shape of battle bots, gear, weapons, lands, windmills and much more depending on the type of game.
We are also seeing a core of these games being built on other blockchains at the moment. Ethereum, Polygon and a few others. Mainly because this is where the big money is at to fund these types of projects.
What we shouldn't run into this time which drastically held back applications before are super high transaction fees. However the big issue is going to be people not wanting to pay these small fees and instead the companies are going to need to find low cost methods of broadcasting on to the blockchain and not passing that charge on to players.
Trading fees of assets are one way to help offset these costs while producing a revenue stream for the company for future development and one that many people can get behind.
What are you thoughts on the future of blockchain gaming and how revenues would be generated?
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I think that is a pretty solid way to generate revenue but I guess that would work for a multiplayer game. As it is right now, I think Splinterland charges a fee for a transaction but all of that goes to 3rd party applications. I am looking forward to seeing triple A games in crypto.
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Personally I would love to see 0.5% to 1% of that fee from trading be invested back into the game to token holders perhaps SPS or some way to continue to hold an increasing value in the game. SPS seems the logical move
Gaming is an instrument of evolution and it has pushing the blockchain technology further. And it is so much space to embed this technology in the big games names and to have this industry think only crypto as a mean of monetization.
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If still alive, I am willing to wait.
As long as it is fun, entertaining, and challenging, I think such blockchain gaming has staying power. However, as for tokenomics, I still struggle to understand it.
I think a lot of games will struggle with the tokenomonics and maintaining value of their assets. There is also the struggle between whales and players. Taking control of a market and extracting all the value my kill some games.
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