NFT game development companies are in high demand as the popularity of NFTs continues to grow. According to Statistics, the global gaming market was worth around $129 billion in 2020. This figure is expected to reach $220 billion by 2023.
NFTs are an exciting new way to monetize games, and many game development studios are looking for ways to incorporate them into their game development services.
What is NFT Game Development?
NFT game development is the process of developing games that use NFTs (non-fungible tokens) to represent game assets. NFTs are unique digital assets that can be bought, sold, or traded on blockchain platforms like Ethereum. They are often used to describe game assets, such as weapons, armor, and other virtual goods.
Benefits of NFT Game Development
The development of blockchain has benefited many businesses, and modern businesses are thriving. The gaming industry is no different. NFTs for this sector have received additional real-world attention. Here we have described the few advantages that blockchain technology can bring to the NFT industry.
Ownership and control of in-game assets:
In games, NFTs allow users to own the collectibles and in-game items. Moreover, you can have full control over them in a decentralized system.
As long as you own them and keep them in your wallets, each item can have a separate identity tied to your account. This way, even if the game provider decides to stop the game, you won’t lose any of the items. As a result, the user can safely store their virtual game assets without fear.
Other significant benefits of NFT ownership include monetizing assets and exchanging them for fiat or cryptocurrencies on the NFT market.
Transfer of ownership :
A player can get value for their in-game collectibles by selling them whenever possible. Due to the transfer of ownership and the blockchain update, the buyer becomes the current owner.
Security and uniqueness:
Assets are not fungible and cannot be used for fraudulent purposes when closing a game, so they cannot be duplicated. They can be kept in wallets like MetaMask and Trust wallet.
Transparency and demonstrable rarity:
Blockchain development makes the existence and history of the property publicly available and entirely immutable. Additionally, blockchain explorers provide every item with complete transparency and verifiable rarity.
NFT’s uniqueness in the gaming industry provides a tremendous investment opportunity for gaming collectibles. Especially on rare commodities that other people want, they can earn significant value and give the owner a solid return on investment (ROI).
Brand image and creativity:
NFTs can be used to increase brand awareness as they can be exposed in different NFT markets. Moreover, by adding new creative elements to the designs, they can be used to generate new interest and adoption.
List of Top NFT Game Development Companies
Here is the list of top NFT game development companies based on successful project delivery, development capabilities, and customer satisfaction. Let’s take a look at NFT gaming platforms.
The NineHertz is a US-based NFT game development company with a team of experienced NFT game developers who have worked on several successful projects. They offer a wide range of services including NFT game design, development, and marketing. Their NFT game designers excel in designing epic games, virtual assets, characters, augmented reality, and NFT game solutions clinging to the latest technology and realistic approach.
Based in the UK, Ethereal Games is a relative newcomer to the world of NFT game development. However, this NFT game platform development company has already caused a stir with its first release – “Spells of Genesis” – one of the first blockchain-based games to be released on Steam.
Everdreamsoft is the Swiss-based studio behind the popular game “Moonshine Harvest”. They were one of the first companies to enter the NFT gaming space and have continued to innovate with new releases such as “Spells of Genesis” and “Book of Orbs”.
Fig is one of the most popular game development companies based in the United States, founded by several industry veterans, including the co-founder of Harmonix (the studio behind “Rock Band”). Their first release, “Monstermind”, was an NFT-based collectible card game.
Based in Singapore, Firecoresoft is a leading provider of NFT game development services. They worked on several large projects, such as “Empires & Allies” and “Age of Empires Online”.
Gamedec is a Warsaw-based studio best known for its work on the “Witcher” game series. They recently entered the world of NFT game development with their first release, “Gamedec: The Decentralized Playground”.
Gamelynx is a Canadian NFT game development company specializing in game development for the mobile game market using state-of-the-art technology and advanced game development software for ios, android. However, they also dipped their toes into the world of NFTs with their latest release, “Nano Pets”.
Gamify is an Australian game development studio founded by former members of the team behind the popular “Battlefield” franchise. Their first NFT-based game “Xenoshield” was released in late 2020. Their game developers specialize in developing games using 2D 3D game engines.
GazeCoin is a Finnish NFT game development studio best known for its work on the popular VR game “Apex Construct”. They excel in developing customizable NFT games and have also developed several NFT-based games, such as “The Decentraland SDK” and “CryptoKitties Collectibles”.
Mythical Games is a US-based game development studio founded by former members of Zynga, Blizzard, and Disney. Their first release, “Blankos Block Party”, is an NFT-based collectible card game.
Pixowl is a San Francisco-based NFT game development company acquired by Nickelodeon in 2015. They entered the gaming business and developed the best NFT-based game, “The Sandbox”, a virtual world builder that allows players to create and trade assets.
Infinite block technology
Infinite Block Tech is a startup that helps companies identify unique NFT gaming solutions for the NFT gaming industry. Their game development strategies for NFT are constantly evolving. They have a team of expert NFT game designers who can develop your app by bringing your ideas to life. And the best thing is that their NFT game developers can deliver projects ahead of schedule, contributing to better results.
The final verdict
The best NFT game development companies are listed here to save you time when making your decision. Price is also a crucial consideration when making your decision, so keep that in mind. We hope this article was helpful to you in your search for the best NFT gaming platform development.