Leading Blockchain Gaming Companies in the Web 3 Space

Of the various subsections of business development in blockchain, the one that’s weathered the crypto winter best has been gaming. Blockchain gaming, forecast to reach a total market value of over 65.7 billion by 2027, is an astounding market with a furiously high CAGR. From 2022 to 2027, the industry is predicted to demonstrate a 70.3% CAGR, far surpassing other blockchain-related industries and even challenging other forms of mainstream technology.

One of the core reasons that blockchain gaming has faired so well over the past 18 months is due to the high degree of utility that games in this niche provide. Instead of offering users an experience that is based completely on enjoyment, blockchain games can suffuse a Play-2-Earn element into their systems.

Play-2-Earn games allow players to engage with their favorite titles while also gaining an income in the form of Web 3 assets, crypto, and in-game items that can be bought and sold on marketplaces. This exciting industry has caught the attention of major players in the space, with notable brands joining the fray.

The following companies are making waves in the blockchain gaming space:

• Ubisoft

• Sega

• Oasys

Let’s explore the propositions, games, and technology that these three giants are bringing to the field.

Ubisoft: Creating Unique Web 3 Experiences

Ubisoft, most famous for creating the Assassin’s Creed franchise, has recently announced a new Web 3 game in the works. This foray into Web 3 won’t be the game development company’s first, having already demonstrated an extended relationship with testing and exploring blockchain technologies.

Their new game, Champions Tactics: Grimoria Chronicles, allows users to assemble a team of heroes, battle other players, and discover more about the mysterious world of Grimoria. This release will come after their 2021 launch of NFT-based items in Tom Clancy’s Ghost Recon Breakpoint.

The rollout of NFT items in-game allowed Ubisoft to bring a whole new way of engaging with their game to users. Similarly, they released a Rabbids character into a well-known Web 3 gaming platform, The Sandbox. With experience in successfully creating and launching blockchain-enabled games, it’s no surprise that they’ve taken a further step in launching a full blockchain game.

While Ubisoft has not yet released a firm launch date, players can expect Grimoria Chronicles to hit their PCs soon.

Sega: Boosting Web 3 Onboarding with a TCG

With its conception all the way back in the 1960s, industry leader Sega has launched several multi-million-selling game franchises. While Sonic is the most famous of these, Sega has changed the face of the video game industry through its impressive ability to innovate and produce unique titles.

Considering their history of innovation, it’s no surprise that Sega has quickly taken note of emerging blockchain technology, pinpointing it as a potential integration to enhance their games. One subsection of blockchain gaming that has seen incredible support is NFT-enhanced trading card games.

By providing players the option to collect NFT cards that hold real-world value, titles are able to engage their audience on another level. Sega Co-COO Shuji Utsumi shared his excitement and optimism about this game function, highlighting the ability for players to potentially earn money as an intriguing addition to video games.

Following in the footsteps of successful TCG titles, Sega will soon launch Three Kingdoms, their own take on the trend. Their push into blockchain technology will help bring new users to the space and further raise public perception of Web 3 systems.

Oasys: The Infrastructure that Holds Blockchain Gaming Together

Oasys is a relatively new entry to the blockchain gaming space, but one that has already made waves across the community. Officially starting back in February of 2022, this decentralized video game platform is transforming the way that developers and players interact with their games.

In the space of 18 months, Oasys has carved out a space for itself in the world of blockchain gaming, partnering with industry giants like Ubisoft and AWS. They offer an innovative two-layer blockchain design. The first layer, named the Hub Layer, offers endless scalability, availability, and stability for blockchain performance.

The second layer is the Verse Layer, which provides a complex ecosystem where developers can craft decentralized applications. With impressive transactions per second capabilities and high network resilience, Oasys has forged a comprehensive engine to help companies launch Web 3 games.

As a major player in the space, Oasys and AWS partnered with Ubisoft to create a Hackathon event. The online Hackathon further provided room for developers to showcase their blockchain-first game-developing skills. The collaboration between AWS, Oasys, and Ubisoft brought a huge amount of publicity to the event, enticing top developers from around the world.

With innovative projects like Oasys laying the foundation – both technologically and metaphorically – for blockchain gaming, this space is about to experience a surge of engagement, collaboration, and transformation.

As brands like Oasys continue to facilitate increasingly effective blockchain gaming developing spaces, we’re likely going to see an exciting next few years for the industry.

Final Thoughts

The rapid adoption of blockchain technologies by video game giants Sega and Ubisoft demonstrates the growing dynamic of this industry. A few years ago, blockchain was a little-known and under-utilized technology. Now, with attention from major AAA video game developers, blockchain is the technology to watch.

Part of what has allowed this space to develop so quickly is the tireless work of the video game engines that support each new title. The ability for brands like Oasys to partner with developers and offer them flexible token designs, scam-resistant technology, and impressive multi-verse building capabilities creates space for true innovation.

As brands continue to flock to blockchain gaming and players increasingly experience the enhanced possibilities of blockchain-enabled video games, we will see an explosion in this industry. And, with innovative supporting blockchains holding the ecosystem up, the limits for scalability are boundless.

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