The Rise of Warrior Game and Play-to-earn Games

The gaming industry has always been successful as participants yearn to escape reality into the online world via games. Add blockchain technology, non-fungible tokens (NFTs), and decentralised finance (DeFi), and voila! An explosive market model.

Millions of gamers are adopting DeFi-based NFT games and spending several hours every day playing them, causing their popularity to shoot through the roof.

Now, these players are motivated by a unique motivational factor that keeps them hooked to their screens for hours on end and that is the play-to-earn feature.

The “play-to-earn” trend is an emerging phenomenon in the gaming industry where players of NFT games get to collect several mouthwatering rewards while playing the game. Yes, people can make money while playing your favorite NFT games. How cool is that?

By becoming active participants in these games, players can receive rewards like in-game assets and tokens which can be traded or sold if the gamer chooses.

The most interesting part of this feature is that these in-game assets and tokens are not just limited to the game, they can be exchanged for real money and spent in the real world.

Players get to monetize their time and skill by earning crypto tokens, which can be traded for their desired currency, something that is impossible in normal video games as players are not given complete ownership of assets they buy in-app, so they can not be traded for a higher value.

The price of the NFTs that blockchain gamers are rewarded with increases with market demand, giving players the option to sell their tokens at a much higher value.

What is very astonishing is how large this part of the crypto industry has grown within the past few years. Let’s find out.

Value

The video game industry is already experiencing massive growth with the emergence of several new technologies that make gaming more enjoyable for gamers while building a robust ecosystem for game developers.

However, the gaming industry seems to have exploded with the unique merger of blockchain technology, DeFi, and NFTs.

The industry is currently valued at around $170 billion with a lot of room for development and growth as millions of interested participants, both players and developers from across the globe, are trooping into the space.

Gamefi Use Cases

Gamefi is a coined term that refers to the use of blockchain technology to develop an easy-to-use, scalable, and secure gaming platform for users. There are several use cases that are advantageous, not only in the virtual world but in the real world too. These use cases include:

• Player vs Player (PvP) Multiplayer games
• Players can organize multiplayer games using real-time data. This allows them to play with either their friends or other users on the platform.

Warrior Game Dev Team

OUSEI

With 16 years of experience in the game industry, he has participated in and led several large-scale game projects, game adaptation, and designs of many popular games in Japan.

Tomonobu Itagaki

A famous Japanese game producer, who graduated from the Faculty of Law of Waseda University in Japan. The main producer of Japanese game company TECMO, and one of the highest-grossing game producers in Japan. Its Dead or Alive series, Ninja Gaiden series, has created multiple sales records in the Japanese game industry, with major games, including “Dead or Alive”, “Dead or Alive 2", “Dead or Alive 3", “Dead or Alive 4", “Dead or Alive Xtreme Beach Volleyball”, “Dead or Alive Beach Xtreme 2", “Ninja Gaiden”, “Ninja Gaiden Sword”, “Ninja Gaiden 2", “Ninja Gaiden: Dragon Sword”.

William

A serial entrepreneur of 3D online games and next-generation virtual reality games, a senior expert in Unreal Engine and AI, he has won the EPIC official technology award for many years in a row.