As a long-time lurker of this sub, I’m writing this after reading all the negative sentiment about Crypto Gaming in this sub, and I wish we could be a bit more positive about the revolution crypto and blockchain integration is able to bring to this space.
As someone who is invested in and familiar with a AAA Crypto gaming projects, I would like to share why I think Crypto and NFT Gaming might have a bright future head.
(Please don’t ask which project, I won’t be revealing that as I’m looking for discussion and debate, not shilling.)
I will go through some of the main concerns listed yesterday in the ‘Crypto gaming sucks’ post in this thread, so let me know if you think I might be overlooking something!
1) ‘All the Crypto Games I played are crap’
All the games people listed are basically browser games that took months rather than years to develop.
In the example I am referring to, the game is only expected to come out in 2024, because, well, that’s how long a AAA title takes to develop. Good games take time to build, and those who are rushing to push out a market are taking advantage of speculators and gamblers in the market. It’s a shame, because projects like this tarnish the good name of crypto for everyone.
Crypto Gaming sucks today because good developers need years to develop a good AAA game, and this segment of crypto hasn’t even been around that long.
1.5) ‘What makes you think they will actually make a good product if they’re not a legacy studio’
Well, it’s the people. In order to find an actually good project, you need to look at the talent that have associated themselves to a project. Anyone and their mother can launch a coin easily on certain chains–there’s no doubt about that. But look how many actually are looking to produce a successful product rather than cashing in on the crypto and metaverse hype?
In this particular project I’m eyeing, they have a well-known Movie/Film Director writing the story/world/lore as the World Builder.
They are working with an industry leading art director that has worked on many serious titles that you may all be familiar with across all major consoles within the last decade.
They chose experienced people for lead roles (Game Director, Tech Director, etc.), hired great developers, and on top of that also partnered with a veteran game development studio that worked on multiple blockbuster titles across consoles and PCs.
In addition to this, this project team is releasing their information very transparently. They are informing their community of their development status, showing their in-game Prototype footage, with progress (game design, animations, models, etc.) being shown in a Dev Blog bi-weekly. All of this isn’t a flashy CGI animated trailer. There’s real substance being built, and not using prepaid assets available from the UE shop.
So, based on all the info above, I personally see no reason to not be at least somewhat confident.
2) ‘I don’t trust big Publishers like EA with Crypto/NFTs, they only care about money’
Well, great, neither do I!
The project/independent Studio I am familiar with is independently funded through their tokenomics. A small part of each transaction goes to development, and another part goes to the in-game rewards wallet (not used until launch). This has raised around $3m for Development in the few months since launch, and around $12-13 Mil in the rewards wallet in the native Token.
This is what empowers an independent team of talented, experienced people to develop a game with no restraints from corporate suits who are willing to rush out a buggy, under baked product for the sake of revenue. Case in hand, Cyberpunk 2077. Look what happens when management push developers to release something when it’s not ready.
Apart from that, there may be some external capital buying in, however, these people have NO say in development as the game can be made without them, so they have little negotiating power.
This is exactly what ruined BF 2042, Cyberpunk 2077, Fallout 76, etc. Management/Investors making decisions for the developers, pushing for earlier releases, all at the expense of the actual gamers.
3) ‘All Crypto-Games are pay to win’
I actually personally asked one of the designers about this, and mechanics are being designed to prevent this. The team is staffed with gamers who love to game. They’re a company of gamers first, building a game for gamers, and integrating crypto because that’s their vision for the future. Not the other way around.
As said, part of every transaction is going to the rewards wallet, meaning as long as people are buying tokens to be spent in-game through shops or buying from other players, all players have the ability to earn rewards simply by playing and looting NFT items from the game, or mining resources and crafting NFT gear and reselling it on the in-game market.
Apart from that, there’ll be matchmaking mechanics that prevent Giga Chad decked out in $10,000 worth of gear to be put into the same session with Mike’s F2P quality gear.
Also, to prevent an overflow of items as time goes on, they are also considering solutions like item degradation, scrapping items for parts, upgrades, etc.
A game designed by gamers, for gamers.
4) ‘Crypto Games are designed Crypto first’
This is true to some extent, especially those certain projects that had been capitalizing on this recently fueled crypto, NFT, and metaverse hype. These projects have skyrocketed to insane market capitalization that is absolutely absurd, and unfortunately, it’s the greed fueling this astronomical growth. This eventually capitulates into an earthshattering crash. But, not all projects are following this hype fueled trend.
Case in point, this project is one where I have had the privilege to have a Director from a TV Show I watch consider my thoughts about the lore and world design he is writing actually engage in conversation with me on Discord.
There are AMAs with the people making decisions (CEO, Devs, Designers etc.) at least 2 x Month. The reason the game will some years to release is precisely the fact that it will need so much optimization, balancing, etc. Hell, they are even looking for people who solely specialize in In-Game Economics.
They have made it clear, the core Game and Mechanics are #1, otherwise, it’ll just remain an unutilized shell made for speculators instead of gamers.
And additionally, they are thinking outside the box. They aren’t designing this game to be play-to-earn as a sole priority. It is about designing and creating an actually good game, and then integrating the best parts of crypto, blockchain, and NFTs, into the gaming experience. They are even looking into the wider spectrum of mainstream crypto adoption wherein as of today, the onramp process to even get situated in this space is tough, to say the least.
These were the 4 most common themes I found here. I would address them more in detail, but those are the basics.
Let me know what you guys think!