NFT game development companies are in high demand as the popularity of NFTs continues to grow. According to Statistics, the global game market was worth an estimated $129 billion in 2020. This is expected to grow to $220 billion by 2023.
NFTs are a new and exciting way to monetize games, and many game development studios are looking for ways to integrate 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 the gaming assets. NFTs are unique digital assets that can be bought, sold, or traded on blockchain platforms like Ethereum. They're often used to describe in game assets, such as weapons, armor, and other virtual goods.
Benefits of NFT game Development
Blockchain development has benefited many businesses, and modern companies are thriving. The gaming industry is no different. NFTs for this sector has been receiving extra attention from the real world. Here we have outlined the few benefits blockchain technology can bring to the NFT industry.
In-Game Asset Ownership and Control:
In gaming, NFTs enable users to own the game collectibles and items. Moreover, you can have complete control of it in a decentralized system.
As long as you own them and keep them in your wallets, each item can have a distinct identity linked to your account. This way, even if the game provider decides to shut down the game, you won't lose any of the items. As a result, the user can safely store his virtual gaming assets without fear.
Other significant advantages of NFT ownership include monetizing assets and exchanging them for fiat or cryptocurrencies on NFT marketplace.
Transfer of Ownership:
A player can get value for his game collectibles by selling them whenever possible. Due to the ownership being transferred and the blockchain is updated, the buyer becomes the current owner.
Security and Uniqueness:
Assets are non-fungible and cannot be used for fraud when a game closes. Therefore they cannot be duplicated. They can be kept in wallets like MetaMask and Trust wallet.
Transparency and Provable Scarcity:
Blockchain development makes ownership existence and history available to the public and entirely unchangeable. Additionally, blockchain explorers provide each item with complete transparency and verifiable scarcity.
NFT's uniqueness in the gaming industry provides a tremendous investment opportunity for the game collectibles. Especially on scarce products that other people want can gain significant value and give the owner a solid Return on Investment (ROI).
Branding and Creativity:
NFTs can be utilized to raise brand awareness because they can be exhibited in different NFT marketplaces. Also, by adding new creative elements to designs, they can be used to capture new interest and adoption.
List of Best NFT Game Development companies
Here are the list of the top NFT game development companies based on successful project delivery, development capabilities, and client satisfaction. lets take a look at the to NFT gaming platforms.
The NineHertz is a USA-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 gaming solutions hooked with the latest technology and a realistic approach.
Based in the UK, Ethereal Games is a relatively new entrant into the world of NFT game development. However, this NFT gaming platform development company have already made a splash with their 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 game space and have continued to innovate with new releases such as "Spells of Genesis" and "Book of Orbs."
Fig is a US-based one of the most popular game development companies 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 have worked on several high-profile projects, such as "Empires & Allies" and "Age of Empires Online."
Gamedec is a Warsaw-based studio best known for its work on the "Witcher" series of games. They recently entered the world of NFT game development with their first release, "Gamedec: The Decentralized Playground."
Gamelynx is a Canadian NFT game development firm specializing in developing games for the mobile games market using cutting-edge technologies and advanced game development softwares for ios, android. However, they have 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 team members behind the popular "Battlefield" franchise. Their first NFT-based game, "Xenoshield," was released in late 2020. Their game developers are expertise 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 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 Zynga, Blizzard, and Disney members. 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 in gaming sector and developed top NFT-based game, "The Sandbox," is a virtual world builder that allows players to create and trade assets.
Infinite Block Tech
Infinite Block Tech is a startup that assists businesses in identifying unique NFT gaming solutions for the NFT gaming industry. Their game development strategies for NFT are constantly evolving. They have a team of experts NFT game designers who can develop your app into reality your ideas. And the best thing is their NFT game developers can deliver projects before deadlines, 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 has been helpful in your research for the finest NFT gaming platform development.