Major gaming companies go farther into blockchain technology

With the release of Blankos Block Party on the Epic Games Store, Epic Games, the studio behind the well-known online multiplayer game Fortnite, entered the blockchain gaming space.

With the release of Blankos Block Party on the Epic Games Store, Epic Games, the studio behind the well-known online multiplayer game Fortnite, entered the blockchain gaming space.

A nonfungible token (NFT)-powered online creative game called Blankos Block Party was first released as an open beta in December 2020 by Mythical Games. According to Mythical Games, the Web3 game has amassed more than a million players since its introduction.

In order to be the first Web3 game to debut on the well-known PC gaming marketplace, the game studio originally announced its ambitions to deliver the free-to-play game to the Epic Games Store back in June, defeating Gala Games and its western-themed shooter Grit.

Users may play and collaborate in a vibrant online environment thanks to Blankos Block Party, which was inspired by designer/vinyl toy culture. The game’s unique accessories and avatar styles, which players may purchase and trade through the game’s marketplace, are represented using NFT technology.

Burberry, Atari, and musician Deadmau5 are just a few of the well-known companies and artist partners that have already agreed to participate in Blankos Block Party by providing limited-edition drops. It’s vital to remember for prospective players that possessing an NFT is not necessary to participate in the game.

The playable version of Blankos Block Party on the games website is essentially similar to the one that debuted on the Epic Games shop. Before the game’s actual launch on September 28th, both versions are now accessible in an “early access” condition.

In other blockchain gaming news, Square Enix, the Japanese game studio responsible for the hugely successful Final Fantasy series, has agreed to join the blockchain gaming initiative Oasys as a node validator.

Square Enix was successful in securing the final of the project’s 21 initial validator positions, according to a release from Oasys. The pair have joined forces to develop the next wave of blockchain games using Oasys’ EVM-compatible proof-of-stake (PoS) blockchain in addition to serving as validators.

The creation of Triple-A grade games with play-to-earn (P2E) integrations will be the major emphasis of the partnership. Double Jump, Bandai Namco, and Ubisoft are among further Oasys gaming affiliates.

Yosuke Matsuda, president and CEO of Square Enix, expressed interest in the notion of incorporating “token economies” powered by blockchain into games in order to reward users who create content to be added to the games in January.

With advancements in token economies, users will receive clear incentives, leading to not just more consistency in their motivation but also producing a practical benefit to their creative endeavors, according to Matsuda.

“A wide range of reasons will motivate individuals to engage in games and connect with one another, from having fun to earning money to give. Tokens built on the blockchain will make this possible. We will promote self-sustaining game growth by incorporating strong token economies into our games.

With the sale of tokenized character figures for $129.99 depicting characters like Cloud Strife from Final Fantasy, the business made its first foray into the world of NFTs in July.