News
Leading Projects at the Forefront of the Blockchain Gaming Revolution
A few years ago, gaming was just an activity for relaxation and entertainment. Today, the gaming industry has evolved into an industry where players trade thousands of dollars worth of digital assets and collectibles. This evolution has seen the rise of entire economies built around gaming and virtual spaces.
In a world where virtual goods earned through gaming have the same value as digital real estate, financial impossibility quickly dwindles to nothing.
GameFi Concept
In hindsight, perhaps we knew that gaming and a disruptive technology like blockchain would integrate seamlessly. Perhaps we didn’t. But one thing is certain. The gaming industry has embraced blockchain technology seamlessly. This has been made easy through the sub-niche known as GameFi.
GameFi brought with it Play-to-Earn (P2E) games specifically designed for monetization, education, marketing, and other “fun” purposes. It is powered by a combination of the fundamentals of decentralized finance (DeFi) and gaming.
In GameFi, there is a clear path for players to earn digital assets with real-world value. It is no longer just about bragging rights. This niche creates entirely new economic models within virtual worlds and allows the player to see the game from an investor’s perspective. It has become more than playing games for the fun of it; it is now playing, owning, and profiting from virtual economies.
Game publishers of all sizes are now using issuance tokens to monetize their games. Initially, these tokens were typically based on the ERC-20 standard of the Ethereum blockchain. However, as the industry as a whole has grown, more and more game projects are moving their games to other blockchains for reasons ranging from scalability to efficiency.
Tokens are distributed during the early stages of the project or can be purchased on secondary markets. The costs incurred in developing the game are financed with these tokens. They (the tokens) are also the native utility tokens of the projects, meaning they are used by players to purchase in-game assets and are a means of rewards and payments from the publisher to the players.
Examples of gaming projects like these include QORPO, Sidus Heroes, and Astra Nova. In this article, we will discuss these platforms and how they are driving the blockchain gaming revolution.
Democratizing eSports Through Blockchain
In 2023, the global eSports market size was $5.39 billion. In 2024, it is $6.61 billion and is expected to reach $41 billion by 2033. A CAGR of 22.6% over the forecast period from 2024 to 2033. These figures make eSports a lucrative aspect of online gaming and it is coming to the blockchain thanks to QORPO.
A blockchain-based game developer, QORPO is on a mission to revolutionize eSports by making the industry accessible to everyone. The hero shooter game, Citizen Conflict, is the company’s flagship project. Citizen Conflict is essentially a fast-paced gameplay designed with the solid eSports infrastructure and powered by blockchain for the ultimate competitive gaming experience.
Significant barriers to entry and a lack of resources and connections needed to compete at the highest level make it difficult to become an eSports star. This is no longer the norm, as QORPO blockchain technology is changing everything. With Citizen Conflict, you can join a community of talented gamers where you can showcase your skills and earn rewards.
In 2022, the eSports industry had an audience of 532 million people. This number is expected to grow up to approximately 640 million viewers by 2025. QORPO’s contributions and approach place it in an ideal position to disrupt the industry, help it reach this projected number, and accelerate the emergence of a community of esports stars and spectators.
P2E on Blockchain
Imagine earning digital assets or crypto tokens for the time and effort you put into playing games. P2E games allow players to earn a living by engaging in their favorite pastime: gaming. This model has grown so much that in some countries, players now make a life exclusively by playing video games.
The global P2E NFT gaming market size was valued at $755 million that year (2021). This figure is expected to grow at a CAGR of 21.3%, potentially reaching $633 billion by 2028 in the forecast period.
This explosion of the P2E model has brought with it the advent of player-owned economies that allow for the ownership of in-game assets such as lands, characters, or items. These assets are unique and can be tracked on the blockchain. Once acquired, players can use the assets to progress and earn more rewards in the game.
The futuristic MMORPG game, Sidus Heroes is an example of a P2E NFT-based gaming platform. It uses NFT technology to create a holistic player-driven gaming economy. Players can own game content on Sidus, opening the door to trading in-game goods.
Sidus Heroes has a Launchpad that helps launch promising game projects with strong teams behind them. The Launchpad has an overall ethos of quality over quantity, with the fundraising process for worthy projects involving DAO and SIDUS tokens.
Astra Nova is another P2E game at the forefront of Web3 gaming. Taking inspiration from classic games like Fortnite, Astra Nova is a free-to-play role-playing game (RPG) that lets players enter a world steeped in millennia of interplanetary lore. Like Sidus, it is shifting the power from game studios into the hands of players.
A new era of gaming
With the introduction of blockchain technology in gaming, a new era of gaming is dawning where players can enjoy a mix of economic opportunities and quality entertainment. At the forefront of this revolution are projects like QORPO, Sidus Heroes, and Astra Nova, perfect demonstrations of the potential of blockchain to transform the gaming scene.
The above platforms (and others like them) are redefining the relationship between game developers and players by leveraging blockchain technology. This structure shifts players from passive consumers to active participants in their favorite pastime activity. Players can now earn rewards, own game assets, and contribute to game development decisions through this NFT and token-based gaming model.