Crypto Gloom

What You Need to Know About the Blockchain Gaming Alliance Industry Report 2023 – Token Gamers: Unveiling the Next Generation of Gaming Technology (Blockchain | AI

introduction

Token Gamer is a proud member. Blockchain Game Alliance (BGA) I am also an individual member. In 2018, it was one of the few organizations in this field… I can’t narrow that sentence down. In 2018, BGA was formed at a time when blockchain gaming organizations were virtually non-existent and there were few developers, publishers, and industry experts to fill them. That’s foresight for you.

Needless to say, BGA is an organization that has established itself on the foundation of blockchain technology in the gaming industry and five years later still remains a mainstay in the space. I’m not going to explain the benefits of membership or explain all the ways BGA can help advance your space. Instead, do what I do every year. Annual report.

Blockchain Game Alliance State of the Industry Report Released at the end of each year, they provide a macro view of our fledgling industry beyond the unique active wallets tied to games. Two factors in particular add value to this report. First, many of the statistics and indicators presented in this report were collected through old-fashioned legwork. There is no high-level infrastructure to download this year’s statistics and write about them. The second connection is the capabilities of BGA members: Ubisoft, Animoca Brandand square EnixThis means you get a level of insight only possible from leaders in the gaming industry, web3 and more.

With that in mind, I want to offer something a little different than what most stores offer. Instead of a 300-word article consisting of an introduction and some statistics, I’ll give you an analysis of the most interesting content. Write your conclusion on the first page of the report.

Observation 1: The decline of creativity and gameplay

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The “Change in Attitudes” section is particularly interesting when looking at change. asset ownership is Although it is one of the main benefits of blockchain technology in gaming, it is more of a metaphor for the answer. Scratch beneath the surface and you’ll find some interesting ideas here, most notably ‘Creativity and Gameplay’. This could be a real added value for the game and it was great to see it rise from 7th to 4th in the rankings in 2022. But now it is on a downward trend again.

To date, few studios are making innovative use of blockchain technology and how it interacts with gameplay. The best example right now is Doctor Distance dead drop This is an extraction shooter, a popular FPS subgenre, but the items you extract are NFTs you own and can be traded or sold. Extracting game items is work, but extracting rare NFTs worth money is also a new experience. Not only does this inject a nearly unparalleled level of adrenaline into gameplay, but the resulting video content itself becomes a fundamental part of modern gaming success.

Observation 2: Cloak and Dagger

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In the summer of 2022, I attended Gamescom in a professional capacity and was fortunate enough to meet some of the biggest companies in the industry. What I learned is that almost every major publisher, studio, or infrastructure company is already working on blockchain integration. Some of them are public knowledge, such as Amazon’s AWS For Games, Square Enix, and Ubisoft, but many have been kept under wraps.

I won’t “out” them, but some of the companies every gamer on the planet knows about wanted to delve deeper but didn’t want it to be made public. I worked with one of the giants in gaming only to have them get cold feet and bury everything we did until the climate got warmer.

So the graph above doesn’t necessarily mean there is a lack of interest from the leaders and leaders of the gaming industry, but rather it may be a sign that we haven’t made much progress in that regard since the summer of 2022. .

Observation 3: Path of least resistance

Blockchain Gaming Alliance Report 2023
Blockchain Gaming Alliance Report 2023Blockchain Gaming Alliance Report 2023 Honestly, I quite like my name next to Yat Siu…

BGA was kind enough to quote me in this report, and I’d like to unpack some of their thoughts here, especially following that last observation.

When many companies try to integrate blockchain into their games, they fear the merciless response from traditional gamers who believe NFTs are a scam. Regarding this, I would like to point out two things. First, hatred is on the decline, and no amount of (often patronizing) education, bickering or Twitter bickering will accelerate this process. Second, the value of blockchain for gaming is a “show doesn’t tell” situation. The era of blockchain becoming the USP of games is over. Show us the value blockchain brings.

Why I Praised NFL Rivals The thing about Mythical Games is that this angle was just right. They have created blockchain technology that has quietly integrated into great games to allow gamers to own in-game NFL players, trade in an in-game marketplace, and interact with truly digital assets without the politics around them. Some may argue that this is two-faced, but blockchain was never supposed to be front and center in the first place. It got better.

Final Thoughts: Blockchain Gaming Alliance Report

As has been the case for the past two years, this report is essential reading for everyone in the industry. I would like to congratulate BGA on their hard work, but it would be more appropriate to express my gratitude to them. We would also like to thank Leah Callon-Butler and Emfarsis for their assistance in writing this report.

2024 is expected to be a truly important year for cryptocurrency and web3, but games utilizing blockchain may reach new heights. It’s a really great, triple-A quality blockchain game that’s nearing the end of its development cycle (the typical multi-year cycle) as opposed to being rushed to market to capitalize on the P2E cash cow, which will hopefully bring about a convergence of blockchain games. traditional games; It’s a return to the shared fundamental goal of great games.