Invezz

Stratis survey shows over half of game developers use blockchain

Stratis survey shows over half of game developers use blockchain
Daniela Kirova
Nov 10, 2021, 08:00 AM
  • Just under half are incorporating Non-Fungible Tokens (NFTs) in their games
  • Three-fourths of respondents would consider using these technologies for new games
  • 61% say blockchain technology in video games enables more novel and interesting gameplay

Leading blockchain platform Stratis commissioned a historic piece of research on just under 200 video game developers in the UK and US, carried out by award-winning insight agency Opinium. Results showed 58% were beginning to use blockchain tech, Invezz learned from a press release. Just under half are incorporating Non-Fungible Tokens (NFTs) in their games.

More than half to use blockchain tech in the next year

Almost three-fourths of respondents would consider using these technologies for new games. 56% are planning to do so in the next year. Just under two-thirds were of the opinion that blockchain technology would become prevalent in video gaming within the next two years. By then, NFTs will also be more common according to 53%.

More innovative and interesting gameplay

According to 61% of respondents, blockchain technology in video games enables more novel and interesting gameplay. 55% believe it keeps money in the game, securing value for players. 54% find it rewards players with real-world value.

Interest in DeFi is highest

Developers express the highest interest in GameFi, a combination of DeFi and NFTs that offers players a financial incentive to keep playing the game. Play-to-earn economic models and NFTs that offered ownership of in-game items were slightly less popular.

Chris Trew, CEO of Stratis, explained the justification for the research:

Jean-Philippe Vergne, Associate Professor at UCL School of Management and current blockchain researcher said: