Image credit: Young man holding game controller playing video games by GooGag, via Shutterstock
Blockchain enabled games are a popular concept inside the cryptocurrency community. I remember covering early attempts to combine the two when I first started covering cryptocurrencies four years ago. But the idea hasn’t caught on within the gaming community. While some games have been developed by blockchain enthusiasts, no AAA titles have come out that use blockchain technologies in anyway.
A new study showcases that while “blockchain games” might not be taking off, both developers and gamers are interested in the kind of things blockchain-powered games could enable. The Worldwide Asset eXchange (WAX) conducted a study of 500 game developers and 1,000 gamers.
On the developer side, it revealed that 69% of game developers believe that in-game items become more valuable when users are allowed to trade them freely. Eighty-six percent believe that in-game tradeable items will become more important to their future games.
The study also shows that 66% of them see in-game items as a critical part of their game’s income. And they believe that income is being unnecessarily constrained by publishers putting controls on items. Perhaps most important for the idea of blockchain enabled games: 84% of developers indicated that they would develop in-game items that can be transferred from game to game.
Meanwhile, 62% of gamers said that they would get more value out of in game items if they could move them from game to game. Nearly two thirds of gamers said they would purchase in-game items if they could use them in multiple games. A whopping 93% of gamers said that publishers should protect their in-game items after an update. One third of gamers indicated that they have lost purchased in-game items due to an update or patch.