Blockchain games have taken over the world. Today, everyone plays them: from schoolchildren to professional investors, blockchain enthusiast...
Andrey Frost Moroz, CEO Bluelight.inc
Against the backdrop of recent events happening in the world of centralized finance, including the collapse of FTX, SVB, and others, it is quite difficult to make a forecast for any industry for the next 5 years, especially for the emerging niche of Play2Earn projects. Nevertheless, I can indicate certain vectors that have already emerged.
Firstly, there is a shift in approach to the concepts of P2E games. While previously the emphasis was on the ability to earn money, today the most important component is the gaming experience and acquisition of skills. Blockchain games offer the opportunity to immerse oneself in the world of business and to follow the path from a startup founder to a successful entrepreneur. Specifically, our game helps to gain real experience in managing a business, from equipping an office to organizing team work, finding clients, and completing projects.
Secondly, we are currently witnessing a sustainable trend towards the use of AI technologies in the gaming process, which fundamentally changes the gaming experience and approaches to game creation.
Thirdly, VR technologies have made significant advances both in terms of equipment and game platforms. In fact, the user can fully immerse themselves in the game and feel the atmosphere of what is happening. We, at Bluelight, will also provide this opportunity to our players in the near future.
As a result, blockchain games can provide a more immersive experience for players compared to classical WEB2 projects, not only due to improved gaming engines and technologies, but also due to truly realistic economic models in crypto games.
Regarding Bluelight, we are actively implementing all of the above-mentioned technologies, including Web 3.0, so that players can easily and effortlessly perform game tasks and immerse themselves in the virtual world of Silicon Valley. I want to note that blockchain games are and will be a key stage for the mass adoption of blockchain technologies as a whole.
George Galoyan, CEO and co-founder DAO.vc
The P2E gaming industry will rapidly develop in the next few years for several objective reasons. The centralized finance sector crisis, associated with the collapse of FTX, Silvergate, and SVB, led to a loss of trust. More users are choosing DEX applications, including games, for earning and entertainment. Secondly, the coming age of Gen Z, who are accustomed to making money quickly and effortlessly, dictates the market demand. Blockchain games with earning potential are needed. Lastly, the rapid development of AI and VR technologies promotes the gaming industry’s expansion. Today's P2E games allow players to fully immerse themselves in the gaming process, literally feeling the virtual experience, rather than simply controlling an avatar.
At DAO.vc, we also support the P2E industry and were involved in the development of the SharkRace game. SharkRace is a quirky P2E game, which allows players to earn tokens by completing game tasks and upgrading their game characters – the sharks. We have confidence in the project’s success as it gets ready for the upcoming IDO. Apparently, such ventures will continue to evolve and challenge traditional ideas of income, as well as promote the mass adoption of crypto and GameFi technologies.
