Game Developers are transitioning to the blockchain

A study commissioned by Stratis shows that more than half (58 percent) of the 197 video game developers surveyed in the US and UK are starting to use blockchain technology. 47 percent have even started to incorporate non-fungible tokens (NFTs) into their games.

In the foreseeable future, the numbers should continue to climb. 72 percent of respondents said they would consider using these technologies for new games. 56 percent already intend to do this within the next twelve months.

In general, the majority is also certain that blockchain technology will establish itself in video games in the next two years. 64 percent gave this forecast, while 53 percent believe that NFT will also be more widespread by then.

Esports shows that play-to-earn has potential

Stratis CEO Chris Trew explains the background behind the study as follows: " We commissioned this study to substantiate our previously accepted findings - that blockchain and NFTs are the future of video games."

Even Jean-Philippe Vergne, associate professor at the UCL School of Management, sees great potential in this area. He explains, “The rise of esports over the past decade has already shown that there have been many gamers willing to make gaming their primary source of income. Blockchain rides on this wave and makes this possibility accessible to everyone in a more transparent way. "

Is the Axie Infinity just the beginning?

Play-to-earn has become very popular thanks to games like Axie Infinity. The associated AXS token was able to increase its price in the last 12 months from 0.35 to around 150 US dollars. But fantasy manager games like Sorare are also gaining in popularity. However, the NFT and gaming industry is still a small niche in the large video game sector.

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