Web 3.0 is drawing closer, and what it brings about on its wings heavily relies on blockchain and metaverse technologies. At first sight, it may have nothing in common with game development, but, in fact, it will have a considerable impact on how studios create gaming solutions and in what way gamers perceive the final experience.
Mainly, metaverse game development is a complex yet rewarding initiative. Just look at how Roblox, Fortnite, Minecraft, and other proto-metaverse games perform on the market. According to statistics, the share of metaverse users in the US who have tried out in-game economic activities rose to 72% in 2021. What does this data indicate? Players are fond of engaging in global activities inside large-scale metaverse games. Let’s reveal more!
What Is a Metaverse Game?
There’s still no metaverse game in its original meaning. Instead, global gaming platforms like Roblox and Fortnite allow their players to participate in epic social gaming events in addition to traditional in-game activities. Thanks to massive budgets, some game development studios can afford to arrange concerts and invite famous people, organizing captivating events inside their virtual worlds.
So, what is the difference between a traditional and a metaverse game? Fundamentally, the latter is a more global version of the former, yet with a whole lot of additional services and technologies onboard, including blockchain, NFT-related solutions, as well as in-built marketplaces. With big open worlds and multiple complementary activities, metaverse games differ in scale, budget, number of players, media coverage, etc.
Role of Blockchain in Metaverse Games
On par with the Web 3.0 internet iteration, blockchain technology is coming closer with every new big project in the industry. Nowadays, many companies and game development studios like Game-Ace continue to take advantage of distributed ledgers as well as smart contracts to build their NFT games.
Therefore, the industry is undoubtedly dependent on blockchain technology, inasmuch as it helps verify and transfer ownership of various digital assets more securely. Furthermore, it allows game developers to ensure interoperability and personal data safety because all the players’ information is stored across multiple distributed ledgers in a network.
Benefits of Creating and Playing Metaverse Games
Just imagine — your players can combine various activities without leaving a single game. The first half of the day, they farm valuable items fighting epic monsters in pursuit of NFT assets, and the rest of the day, they put everything they’ve collected on an in-built marketplace to sell it for cryptocurrencies. Due to the play-to-earn model, they can both enjoy the fascinating gameplay and make a profit.
Without a doubt, you can create a metaverse game without using blockchain technology, but it’s highly recommended that you borrow at least some of the aspects from it in order to maximize the value for your players. Web 3.0 projects open new prospects for both creators and consumers. Hence, everybody wins from developing and using metaverse games or other blockchain-based projects in the industry.
In this case, every party finds itself in a win-win situation because players get an entertaining and immersive experience, while a developer earns profit from transaction fees. Nevertheless, generating profit from an NFT or metaverse game doesn’t boil down to this option only. Instead, you have multiple sources of income, from including third-party services in your product to selling tickets for concerts inside a virtual environment.
How to Build Your Own Metaverse Game?
If you already consider creating your first metaverse game, feel free to check out our tricks on how to do it in the most efficient way. The step-by-step plan would look as follows:
- Make up a business strategy and identify a target audience. In order to start building your metaverse game, you should have a clear plan and strategy in your mind regarding what type of game it must be, what players it needs to attract, and the rest. Come up with a coherent value proposition. It will help a lot in the next phase.
- Find a metaverse game development studio and outsource your project. Seek the best candidate for this position by surfing the next, checking out their portfolios, and arranging interviews.
- Cooperate with a partner to develop and release your metaverse game. Once you discuss all the development aspects with an outsourcing agency of your choice, you can test your product and release it.
Since you have a partner, you don’t need to worry about the technical side of metaverse game development, blockchain integration, 3D modeling of assets, coding an avatar creation system and AI, etc. You have everything set up and backed by an outsourcing studio. That’s how you free two birds with one key — get a quality product and save costs.
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