Even though the market is slow right now, there is no doubt that more and more people are playing blockchain-based games with NFT components. Dappradar says that VCs put more than $2.5 billion into blockchain gaming in the first quarter of 2022. Since more people are using Web3 and more money is being put into the industry, now is a good time to find a Web3 Development Firm in the United States.
Building Up the Blockchain Industry
Recent data shows that the market for video games is more significant than the combined markets for music, TV, and movies, and it grows by 10% yearly. The gaming industry rents out goods for $100 billion a year. Thanks to web3, this industry will soon have a $1 trillion economy.
The sector does, however, face several problems, such as:
Liquidity Problems
As NFT gaming platforms have grown in the US and other countries, people have become more aware of how vital orders, or requests for trades, are in the NFT market.
The maker orders are kept in an order book until any exchange, including the NFT market, gets a taker order. “Taker order” is the order that comes after the first.
A market’s liquidity can be determined by how quickly a maker order is filled.
Most NFT markets are currently making their order books with liquidity that is kept separate. Because of this, many NFT games face a huge problem, but blockchains like Immutable X are coming up with solutions, such as a global protocol-level order book.
Big Data and Blockchains
Recent data show that blockchain gaming is still prevalent, even though the crypto market is in a bear market. But most transactions happen in games that use protocols like WAX, Hive, BNB Smart Chain, Solana, and Ronin.
Users of the other five are most interested in using WAX and Binance Smart Chain because they are both fast and have reasonable prices. If you want to make NFT games in the US, choose the suitable blockchain.
Make a unique platform for NFT gaming.
An Excellent User Interface
There are both B2B and B2C transactions in blockchain gaming. But most video games only care about making a user interface that works well for B2C. To improve the B2C user experience, the gaming interface must have a wallet and make it easy to buy things in-game. Also, the game must have APIs that web2 companies can use for business-to-business (B2B).
Safety
Hackers went after DeFi in the first half of 2022, which cost the company $1.4 billion. Because of this, blockchain players know much more about keeping their games safe. So, using blockchain on systems like zk-rollups with built-in security features will stop bridges from making the game less safe.
We are one of the best companies in the US at making NFT games, so we only use secure blockchains.
Design for Scalable Economies
It involves using blockchain technology and games to make a popular play-to-earn economy.
Gamers play games to get unique features and make NFTs, which they can sell on NFT marketplaces. This means that players can get paid for the time they spend playing games.
Play-to-earn games give people in many countries the chance to start making money from what they do.
However, the initial cost of games like Axie Infinity went up as they became more popular. Gamers who can’t pay the upfront fee can get help from well-known guilds like YGG and Guidi.
The program has become more popular because gamers can borrow virtual characters to play games or make them better. The cryptocurrency-based gaming industry needs more projects like these.
Conclusion
In the last few months, players and investors in the blockchain gaming sector have seen an apparent rise in players and investors. Now is your chance if you’ve been waiting for an opportunity to get into the market. The industry is growing at a rate that has never been seen before.
If you need a web3 game development company in USA or anywhere else in the world, the experts at RisingMax Inc. can help you reach your business goals. We can make your vision come true because we offer services focused on making money. This is true whether you want to launch a move-to-earn game, a play-to-earn game, Web3 Game Development services, or any other NFT game.