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According to the latest report of GlobalData, the video game market thanks to the increase of mobile gaming and innovative offering, like cloud gaming, might become a $300 billion industry by 2025.
In fact, with 152 billions of dollars in profit in 2019, as the Global Game Report highlighted, and over 2.5 billion gamers around the world, we can expect video game platforms to continue developing in 2020. Looking ahead, the biggest revenue drivers anticipated continue to be mobile gaming, as well as innovative technology like cloud gaming and VR gaming.
To date, this increasingly success of the development of the games is made simpler thanks to the presence of independent developers who, with medium and small teams, are able to offer fantastic gaming experiences. Furthermore, more and more development environments and dedicated frameworks allow even passionate gamer without a programming background to get closer to the world of video game creation.
THE INFLUENCE OF BLOCKCHAIN ON THE VIDEO GAMES SECTOR
In this context, it is also interesting to emphasize how blockchain technology (to find out what it is about in our blog there is an in-depth article) is progressively acquiring a central role in the implementation of video games thus going to awaken a sector that seemed to have reached a deadlock in innovation.
This technology, in fact, would solve two of the problems that "afflict" the most passionate players: the transfer of the game from traditional hardware platforms to the cloud, through a decentralized ecosystem, such as a blockchain platform, and the possibility of developing an individuality (intended here as a synonym of "uniqueness") in video games.
In reference to the first problem, nowadays, many players are precluding themselves the possibility of trying some of the most recent and popular games, simply because of the lack of hardware necessary for running the games. The use of blockchain technology would prevent these problems because through its decentralization process and thanks to its characteristic of "transparency" in transactions, it brings power back into the hands of players and out of the hands of the companies that currently manage video games.
In the second case, instead, the ability to create unique digital assets, one of the characteristics for which blockchain technology stands out, would allow, for example, in a video game to design an avatar that is exclusively owned by the player. This, therefore, would also imply a whole combination of unknown aesthetic and statistical aspects that would permit this character to appear and play in different ways and impossible to be replicated by any other user.
For both problems, therefore, decentralization based on a blockchain technology seems to be the solution.
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