Blockchain Game Development Company in Singapore
Blockchain Technology is set to fundamentally disrupt the gaming world which is enjoyed by over 2.2 Billion people worldwide by enabling entirely new functionalities. Blockchain will allow storing the items and characters in a decentralized manner creating an immutable record of ownership thus giving the power back to users and making in-game virtual assets more valuable, liquid, and worth collecting. Trading in-game virtual assets directly will also be possible using blockchain by smart contracts allowing frictionless peer-to-peer transactions in a trusted environment, where entire transaction history could be accessed by anyone on the blockchain.
Kind of Games that may be designed using Blockchain.
As the TokyoTechie.com is one of the leading blockchain game development company in Singapore, using blockchain for increasing transparency and security by verifying player’s ownership of in-game assets and login details are just some proven benefits of Blockchain in the Gaming industry. The most important shift will be the transition from a centrally controlled economy to a free-market economy. Blockchain can empower all blockchain-based games to create an open network wherever assets acquired in one game is also listed for assets from alternative games, or even used in other games directly. All of this is enabled without any overhead cost by building games on the blockchain.
Features Of Blockchain Game Development
The blockchain will be an ideal solution to current issues with gamification. You can streamline transactions by enabling your users to have a genuine digital asset with seamless integration of developers and players.
Smart contracts provide transparency to Role-playing games (RPG) and the gambling industry for checking the winning rates for the dealer, which is not possible in a centralized server. Every time there is a transaction on a smart contract, there is an increase in the value of the smart contract.
Ownership Of Assets
Developers and players will create distinct characters and items that have their own attributes and inheritance. Players can buy and sell these assets.
TokyoTechie.com's proposed gaming architecture will use the distributed ledger for reduction of block validation processing time. We will qualitatively evaluate the architecture to provide security and privacy for your gaming applications.
Blockchain Game Development Services
Launch your current game on Blockchain
TokyoTechie.com’s blockchain game developers can assist you to design from the bottom up with game channel technology for nearly unlimited transactions and run your games entirely on the blockchain without the need for centralized servers
Use the ERC-721, ERC-1155 token, dgoods(EOS) standard to mint unique gaming assets - rare cards, scarce weapons & mighty heroes and film stars.
In-game asset management
The transactions on the blockchain will be faster, safer, and more cost-effective for users and developers. The digital assets in form of coins/tokens will be stored in the player’s wallet and you need not worry about the responsibility of the virtual currency, as the control of the currency is with the player.
Incentivize activity and encourage engagement by automatically rewarding your community members or gamers with tokens that have real-life value.
A secure payment gateway enabling you to collect micro-payments in a much easier, faster, cheaper and secure manner without relying on any third party. The coins/tokens players hold can be used to purchase other games in a matter of seconds.
Benefits of Blockchain Game Development
Compensation & Sponsorship
The games developed can directly link the sponsors to the game developers, allowing new revenue models to emerge. The developers can charge minimal transaction fees to enhance their earnings.
Open Source Mentality
TokyoTechie.com creates a marketplace and ecosystem around your games. You can incentivize developers to build new assets and take ownership of the game, providing real compensation and monetization of your ideas to games.
Regulated Gaming Economies
Blockchain can modify developers and server owners to gather royalties for items being listed in their gaming worlds. You can charge commissions or transaction fees (fiat or cryptocurrency) to enhance their revenue.
You can collect micro-payments with ease at much lower fees and faster transaction times. You will be able to add real-world value to your games and monetize assets in the game. In addition, you can have subscription services and allow users to spend up to their limit.
Reducing Revenue Loss
Games on Blockchain will reduce the losses in revenue due to fraud with the addition of zero cost for chargebacks and failed transactions. In addition, as blockchain is immutable, you'll hold billions of dollars in a safe environment.
The transactions on the blockchain will be faster, safer, and more cost-effective for users and developers. The coins/tokens will be stored in the player’s wallet and you need not worry about the responsibility of the virtual currency, as the control of the currency is with the player.