Tech Vault11th July 2024
Games have been on the curve of facelifts, updates, and all things fun and futuristic since the beginning. The switch from vanilla graphics to an advanced color palette, designs, and now VR Blockchain Gaming is one big move. But, again, it’s not the only move on the front of games. Because games as a genre are the only ones that are pretty much on the hamster wheel of advancements. There’s no stopping here. What started as plain graphics placed to a palette of graphics and personalization to now overlaying virtual worlds with a secured space. This certainly is a game-changer. And, what’s even better is that now games offer a blended world – a phygital immersive experience. More so known as Metaverse games or Web 3 games too. So, let’s unpack the details as to why integrating VR game development with Blockchain is important.
Understanding: What is VR Blockchain Gaming?
VR x Blockchain games or blockchain in VR games is a futuristic fusion of two technologies. Where by offering such games you offer your players the best of both worlds. On one end there is a phygital space where the real world is blended with the gaming virtual world. And, on the other end, there is a secured and decentralized platform that allows trading and transacting of digital assets.
Coming to what is so different and unique about this fusion? We know you might think VR has quite a buzz since Pokemon GO and even before that. And, blockchain as a technology has always been related to security and transactional transparency.So, then why and how games?
Look the thing is as mentioned earlier gaming industry is always at the forefront when it comes to facelifts. So, when VR blockchain gaming took over the gaming industry there was this awestruck moment for gamers all across the globe. Because naturally enough what could be better than getting teleported on that gaming land itself? Plus, all of this is just via a tap. So, VR games are pulling in players for a treat. And, with blockchain integrated with VR, there is an even bigger tab for your users.
VR blockchain gaming metaphorically is like bringing a phygital space of games. But, but, but with blockchain added here. You give them the authority to own in-game elements, transact, and build and sell the virtual entities. Now, this is even better because there are monetization strategies and interlinking of actual assets and transactions via games.
See, there are games these days where if you win in the game there is blockchain technology infused. Basically, a part of VR blockchain gaming. It will allow you players to transfer and convert those wins into real-world value or blockchain currency. However, this is just an example of a type of game element on this bedrock of fusion.
Basically, these games are everything that traditional games weren’t. In short, with all the virtual reality fantasies being offered your players get the most secure and decentralized channel to transact in the game. This brings us to unravel the benefits of VR blockchain gaming.
Why Should You Integrate VR and Blockchain in Games?
We know for a fact that games are about facelifts, updates, and modernization. And, blockchain and VR are two technologies that are not just a hot buzz. There is substance, dimension, core attributes, and finesse that it brings to the games. Apart from the many reasons and countless dimensions it offers. We aim to make it easy for you to navigate through this why journey. We will give you 2 simple yet staunch reasons to answer this question.
- The frenzy of Phygital + Advanced security in the gaming industry prompts the users to root for those games.
- Ownership, immersion, fair gameplay, and decentralization are something that the user base cannot sideline anymore.
- Game mechanisms and economic opportunities go hand in hand. And, to offer secure, transparent, and decent gaming experiences these games are a no-brainer. Which means VR blockchain gaming is a must.
But, but, but for that and more to work in your favor, attract and convince your user base (target audience). You need to touch base with a leading blockchain game development company. Because as it is said leave the art to the artist and see the magic unfold.
Now, that you know all about VR in blockchain gaming and also why is it important. You need to know what possible challenges you might have to face. Placing the eye on the prize is fine but you also need to know the downside. Like a coin has two sides, there are challenges too when it comes to integrating these two trending technologies into your game. So, let’s quickly have a rundown on the benefits of VR blockchain gaming.
Exploring: Trends in Blockchain Gaming
Data first: The reports suggests that the blockchain gaming market by 2032 is to hit a whopping high of $818.5 billion.
First things first, knowing about the trends and practically integrating them are two different things. Yes, you as an investor can know that, but you must understand it to the extent of integrating it. That will certainly be an overstatement now in case of VR Blockchain gaming. And, to have it all looked into you do need VR blockchain game developers.
Hold on! You might be wondering why we say this. It is because to get fetching the trends is one thing. But, integrating it into the process of VR game development with blockchain is another thing. So, without further ado let’s quickly tap into the trends in blockchain gaming for 2024.
Virtual Word Dynamicity aka Metaverse
Metaverse in games or specifically Web 3 games is the new normal. Just as VR blockchain gaming is. The gap between the physical and virtual worlds in games is becoming almost non-existent. Metaverse in VR blockchain gaming enables extensive virtual world capabilities and features in the game. Now, this means the blending of the two worlds. More so, what this does is it allows your players to be a part of a community, socialize, play games globally, and earn wins.
Interoperability
As discussed above in the blog, interoperability and cross-platform games are a huge serendipity. This further includes cross-trading, cross-platform game transactions, and also the original core aspects. The interoperability feature for VR blockchain gaming is a big boon for your payers. Let us tell you why. See, at the core it allows dealing in the virtual assets of the game. Right from the assets, wins, or rewards.
Game Fi
Blockchain is synonymous with security and when it comes to security it naturally strikes finances. But, finances in games that’s quite a thing now. In-game monetization strategies, buying and selling of the in-game assets, in-game purchases, etc. All of this and more involves finance, transactions, or even real-world value attributes. This is where VR blockchain gaming comes in.
Tokenization
Also, before we get into the nitty gritty of tokenization. Let us tell you that for all these trends and more. You do need to get in touch with blockchain gaming developers. Economic perks and leverages is the new phenomenon of games. Players tokenize in-game assets and items to exchange or trade them as cryptocurrencies. It for sure is a big deal when it comes to VR blockchain gaming.
This isn’t all, there are factors like NFT generation, social aspects, and DAO. However, as you’d know trends keep on changing, and keeping an eye on it is the only way out. Having said that, it is about time we discuss why you should integrate VR game development with blockchain.
But, for all this and more to work in your favor and seamlessly. You need a best VR game development company. Whose team is also great at blockchain gaming.
Challenges in VR Game Development With Blockchain
If you think about the cost when it comes to integrating these technologies in games, then you are somewhat right. Cost can be one of the challenges but it all depends on multiple factors. Like personalization, a suite of features, a level of advanced graphics, in-game elements, etc. With that, the VR blockchain development company that you choose might also impact the overall cost.
Besides the cost of VR blockchain gaming. There are other challenges that would vicariously or directly hinder the flow and come across as a challenge. We have listed the same hereunder. But, we have to mention here that this may or may not be a part of the process. These simply are listed here for reference.
- Game Performance
- User Acceptance
- Technical Glitches
- Personalization issues
- Hardware Parameters in fixating the VR blockchain gaming
Also, having said that all of these challenges can be dodged. There is a secret lane to this. The secret is ‘Select Top Blockchain Game Development Company’. Having a great team of developers by your side would solve 99% of the problems. With that, it can also help you dodge the challenges and help you navigate through the entire process of integrating VR blockchain gaming smoothly.
What are the Benefits of Integrating VR and Blockchain in Games?
Did it ever occur to you how transparency, security, decentralization, and accordance with true ownership never disappoint? Also, this is not just about games or the gaming industry in particular. It is about natural human psychology too. And, the same goes with VR in blockchain games where your players are being teleported into the gamified world. Plus they also have the utmost security, transparency, and the power of the decentralized framework.
So, if you want to win big VR blockchain gaming is one of the main ways.
Having said that, these are not the only benefits but there is an entire suite here. The same is mentioned below.
Extended Realism
When it comes to virtual reality there is no second thought to realism. The phygital world that rolls out hyper-immersive experiences is unparalleled. But, do you know what makes it even more fun and realistic? The elements that are supported via Blockchain. The real-world aspects with real-world value. Imagine if you could buy assets or sell those entities while experiencing those super-realistic game moves. Isn’t that already sounding brilliant and futuristic on several levels? Well, that’s VR blockchain gaming for you.
Tamperproof Transparency
Transparency and authenticity stand supreme in any game. And, specifically in VR blockchain gaming. Aspects like trustworthiness, and secured gameplay mechanisms that enable secured trades and transactions are important. Blockchain in games enables that. It ensures that fraud, malpractice, and hacking are reduced to the extent that it enables fair gameplay.
Seamless Security
Security is something that cannot be taken lightly. With that, the dynamics are even stronger and non-negotiable because of modern monetization strategies. Your players have a pool of features where they can buy, sell, and trade the virtual entities/assets. In this case, security becomes the most important aspect.
Ownership
It is a golden rule that no intermediaries are appreciated when it comes to ownership. The same rule applies here for the games. Ownership of the in-game assets, and virtual assets as NFTs reign supreme. Certainly enough, when it comes to owning these assets and having those traded in exchange for real-world value. Although, what blockchain does here is. It authorizes the owners with control over their asset ownership. Also, this is exclusive to their governance in VR blockchain gaming.
Decentralized Set-Up
Ever wondered why it bugs your players to have a maintaining authority that governs the game? It is purely because this kills the autonomy and sense of dynamicity in the game. It makes the game rule-driven and commanding. But, here is where Blockchain comes to show. Blockchain in gaming allows the users to govern, have a say in the maintenance, pre-select filters, etc. In toto, what blockchain does in simple terms is, it allows the users to have a sense of belonging, ownership, and control.
Interoperability
It is the soul and heart of modern games like VR blockchain gaming to offer interoperability. Because cross-gaming and cross-platform games root the modern user base. Interoperability allows the seamless transfer, transaction, and trading of assets. With blockchain what happens is interoperability becomes safer, secured, and shielded.
That was all about the benefits. However, there is more to the list like secured interactive experiences, advanced gaming worlds, etc. But, all of this with an added dollop of transparency, security, and fair game mechanisms. Needless to say, you do need a leading blockchain development company to bank on these benefits. Because hello, it is easier said than done. And, there are a lot of technicalities involved.
Speaking of technicalities, you as a VR Blockchain gaming owner/investor need to be well-versed in the trends.
Read: Virtual Reality Simulations: Predicting Construction Project Success
Go Beyond Reality
Wrapping up !
Pick a player randomly and shoot this question. ‘Would you enjoy being teleported to a fantasy-infused gaming world just within a tap?’ We bet no one would deny this. Also, ask one more question. Would you as a player want to own in-game assets and also have the option to trade them off with real-world value? Would you want to control and have ownership, governance, and say in the game?
There is never a ‘NO’ to this. And, with that, the symphony of VR in blockchain gaming is for sure all set to dominate the market space. So, claim your share of profit, prominence, and market-leading game today. Get in touch with a VR blockchain game development company and voila you are good to win big in the market.
Frequently Asked Questions
It is one of the best technologies to integrate when it comes to play-to-earn games or models. This is because the core attributes of blockchain right from transparency, authorization, ownership, etc. These cumulatively help the pWith that the Non-Fungible Tokens, Smart contracts, etc are some of the core particulars that enhance and facilitate these models.
Yes, there are a number of existing VR blockchain games. To name a few there are The Sandbox, TarturusSlay in Hell, Somnium Space Open, etc.
Coming to specifics there can be and there can be not too. Like to answer this let us tell you that the bigger the game world, the better. The core of the metaverse elements in your game the better it will amplify and compliment the virtual reality and blockchain integration. However, for all and any type of game, you do need a VR game blockchain development company by your side.
VR in blockchain gaming is a fusion of modern games. They are like two peas in a pod. VR is all about immersive gameplay and the extension of the virtual gaming world into the real world. And, to enhance that gaming interface and vibes of the VR games there is Blockchain. Where it supports attributes like tokenization of assets, trading, and dealing with in-game assets. So, when it comes to integrating the same in the games where your players can make moves facilitated by blockchain on the bedrock of VR games. That’s how VR blockchain gaming comes to a full circle. However, you will of course need blockchain game developers to get these integrated.
There are more benefits than one. Also, the more advanced and innovative the game you go for the more the benefits. However, to list a few important ones here let us list them. There’s ownership, authorization, security, transparency, economic gains, decentralization, etc. VR blockchain gaming has a lot in store.
