“Things are only impossible until they’re not.”–Captain Jean-Luc Picard
Blockchain Game Developer of the Year:
Winning the title of “Blockchain Game Developer of the Year” has been a great recognition of the hard work, skills, and success of our team, as well as the recognition of the importance of using blockchain technology in the gaming industry.
Additionally, our game, Decimated, is still in the development stage and this award shows our team that there is palpable excitement amongst Web3 gamers for the vision of Decimated.
After winning the title of Blockchain Game Developer of the Year, our team feels a sense of responsibility to continue to produce high-quality work and to be a leader in our field.
This involves staying up-to-date with the latest developments in blockchain technology and game development, continuing to innovate and push the boundaries in our work, and being a positive influence in the industry.
Ultimately, we would like to focus on making a positive impact in the blockchain gaming field.
There are a number of goals we would like to achieve in the next year, some of them include releasing the NFT marketplace and alpha version of the game to the public, continuing to build the community of Decimators as well as continuing to establish new partnerships and collaborations with other companies in the gaming industry.
Besides that, we will stay up to date with the latest game development and incorporate these advancements into our work so that we can provide an engaging game with a positive user experience.
One trend that we are excited about is the integration of non-fungible tokens (NFTs) into blockchain gaming. NFTs are unique digital assets that can represent in-game items, characters, or other assets and can be bought, sold, and traded on various marketplaces.
The use of NFTs allows for the creation of true digital ownership and scarcity in games, which can add value and collectability to in-game items.
Another trend that may continue to grow in popularity is the use of decentralized finance (DeFi) in blockchain gaming. Defi refers to financial applications that are built on blockchain technology and operate in a decentralized manner, without the need for a central authority.
DeFi can be used in gaming to enable players to earn or borrow in-game assets, manage their virtual economies, or even earn real-world income through their gameplay.
Other exciting trends include the use of virtual reality (VR) and augmented reality (AR) technology, the integration of blockchain gaming into mainstream gaming platforms, and the development of new business models and monetization strategies.
One potential challenge is the issue of scalability. The use of blockchain technology in gaming can require significant computing power and may not be able to handle high levels of usage or a large number of users.
This can limit the potential reach and adoption of blockchain gaming. To address this issue, developers may need to find ways to optimize their use of blockchain technology or explore alternative solutions such as off-chain transactions or layer 2 solutions.
Another potential challenge is the issue of user adoption. Blockchain gaming may still be a relatively niche market, and there may be a learning curve for users who are unfamiliar with blockchain technology.
To address this issue, developers may need to focus on user education and provide clear and simple explanations of how blockchain technology is used in their games.
Other potential challenges in the future of blockchain gaming may include security, regulation, and the sustainability of certain business models.
To address these challenges, developers may need to prioritize security measures, stay up-to-date with relevant regulations, and explore innovative and sustainable monetization strategies.
After initially bootstrapping and self-funding through a challenging bear market, Fracture Labs launched a private token sale with a $4 million target in October 2021, receiving more than $30 million in offers and accepting a total of $4.1 million.
Fracture Labs attracted investment from over a dozen VCs, including Alameda Research, Spartan Group, Mechanism, Forward Analytic, and publicly listed company Cryptology AG.
Other participating funds are Metavest Capital, Israel Blockchain Association, Cointelligence Fund, and Gravity Finance.
Besides funding success, our great team managed to grow a vibrant and thriving community, that engages and pushes us to deliver the best possible version of Decimated.
Here are a few general pieces of advice that may be useful for those working in the field of blockchain gaming:
Stay up-to-date with the latest developments in blockchain technology and game development. This can help you stay ahead of the curve and identify new opportunities and challenges.
Prioritize user experience and engagement. Creating high-quality, engaging games that provide a positive user experience should be a top priority.
Build a strong community of players. A loyal and engaged player community can be a valuable asset for any gaming company.
Be open to experimentation and innovation. The field of blockchain gaming is still relatively new and rapidly evolving, so don’t be afraid to try new things and push the boundaries of what is possible.
Stay focused on your goals and mission. It can be easy to get distracted by trends or short-term opportunities but staying true to your company’s vision and mission is important.
Don’t be afraid to seek out support and resources. There are many organizations and individuals who are passionate about supporting the growth and success of the blockchain gaming industry. Don’t hesitate to reach out and make connections.
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