Crypto collectibles have become increasingly popular in the past year, and for a good reason. Play-to-Earn games offer players the chance to earn real cryptocurrency rewards for their in-game accomplishments. With big names like Ubisoft and Samsung getting in on the action, Play-to-Earn gaming is poised to take over the gaming world.
With continuous technological developments, this gaming industry is geared to become highly profitable Media & Entertainment vertical. As per the FICCI (Federation of Indian Chambers of Commerce & Industry) report, the online gaming industry is expected to reach Rs. 153 billion by 2024.
What is Play to Earn Games?
The play-to-earn model revolutionizes the gaming industry by allowing players to earn money for their time and skill. Now, with the addition of NFTs, play-to-earn games are becoming even more popular. NFTs allow players to own unique virtual assets that can be used in-game or traded on secondary markets. This gives players a real incentive to play and invest in play-to-earn games. In addition, NFTs add an extra layer of excitement and anticipation to play-to-earn games. Players can’t wait to see what new virtual items they will earn and what they can do with them.
With the play-to-earn model and NFTs, the future of gaming is looking very bright. However, NFT marketplace development is a complex and ever-changing landscape. NFT developers constantly face new challenges, ranging from ownership issues to copyright violations.
Now there is a solution to these problems: Unreal Engine. Unreal Engine is a 3D computer graphics game engine. With Unreal Engine, NFT developers can circumvent the challenges posed by traditional NFT development methods.
Gaming and NFTs fit perfectly
The merger of gaming technology with the crypto Metaverse is more than a passing fad; it heralds a new era of autonomous games.
This satisfies current Metaverse player requirements, providing the user with total control over their in-game assets. Tokens, cards, skins, and weapons are examples of such items.
In-game purchasing solutions aid in the creation of a stronger bond between the user, the games they play, and the virtual currency they utilize. The user feels significantly more immersed in the virtual Metaverse areas they explore as they buy, gather, trade, and expand their library of in-game products. A sense of belonging is produced anytime users spend their non-fungible tokens, regardless of what digital things they acquire.
Powered by Unreal Engine NFT
What do Metaverse gamers value?
- Interoperability
- Customizable environments
- The ability to develop genuine connections with their virtual characters/avatars
Because Unreal Engine is utilized by various verticals across a wide variety of media sectors, it has been fine-tuned to satisfy the needs of these particular audiences. Middleware game enablers may rely on UE to fuel their Metaverse engineering process. Whether they need to create images, augmented reality, high-fidelity tasks, simulated cities, or NFT game development services.
The availability of blockchain-based assets like Ethereum, Polygon, and Solana in the Unreal Engine shop only adds to the platform’s trend toward decentralized gaming.
Why should you use Unreal Engine?
There are several reasons why Unreal Engine is perfect for NFT marketplace development. Here are a few examples:
Customizable
Unreal Engine’s customizability is one of its best features. It allows developers to create cutting-edge virtual worlds that resonate with their audience. Gamers can access tailor-made virtual products, collectibles, and game rewards. The deeper they dive into their unique virtual world, the more incentive they have to purchase in-game assets.
This is excellent news for developers because it helps them create Metaverse ecosystems that can resonate with their paying consumer audience.
Taxation
For ‘play-to-earn’ gamers, taxation is a significant concern. In order to declare their earnings, they must first convert their transactions into tax tokens. This can be a difficult and time-consuming process. However, Unreal Engine makes it much easier thanks to its seamless integration of custom-made wallets. With UE, all ‘play-to-earn’ gamers have to do is link their wallet to the taxation system, and the Engine will automatically convert their transactions into tax tokens.
This makes the whole process much smoother and simpler, saving time and hassle for both gamers and tax authorities.
Gaming experience
No matter what gamers want to do with their non-fungible tokens, they consistently prioritize an immersive gaming experience. They want to be transported into a world where they can escape reality and forget all their problems. And for that gaming experience to be truly immersive, it has to be visually credible. That’s why Unreal Engine is such an essential tool for metaverse developers. It allows them to create worlds that look and feel like real life, but with the bonus of being able to control the action.
In other words, UE lets developers create gaming experiences that are on par with today’s most popular movies. And that’s what gamers are looking for.
Easy to use
You don’t need any prior knowledge of Unreal Engine to get the most out of this 3D production tool. With each successive release, this strong platform gets easier to learn and use for new UE users.
Unreal Engine 5, the most recent UE version, makes next-gen, NFT-based content development accessible to anyone. As a result, with each new update, the simplicity of use for all users, experienced or not, only grows. Once enrolled in the official UE5 Early Access Quickstart course, aspiring developers learn how to investigate this platform, how to use its best practices, and, finally, how to begin their first project.
Consequently, with each new update, the ease of use only increases for all users, experienced or not.
Unreal Engine teaches users how to do the following
- Project identification, creation, and management
- Navigate the editing tool.
- Import NFT assets and other data types into the editor.
- Within the editor, create an introduction virtual scenario.
- Prepare your first project for testing by packaging it.
Once the game is ready, it can be best launched through a launchpad for wider each and more visibility. AdLunam is an excellent option for those looking to launch their play to Earn game. AdLunam is the first NFT-integrated IDO launchpad and helps you raise funds for seed and private rounds. Their unique Engage to Earn “Proof of Attention” model allows easy entry for anyone. Users are allocated based on their Attention Rank. AdLunam also has a great community and support system to help you every step of the way.
If you’re looking for an IDO launchpad with some added benefits, AdLunam is worth considering.