AAA Game Studios are adopting the NFT strategy: Will it be successful?
With the popularity of NFTs, the gaming industry is slowly adopting the new technology on their platforms. Based on recent updates, AAA Game Studios is most likely to introduce exclusive NFTs in the coming years. Will it be successful?
AAA Game Studios are companies that produce AAA video games that have massive development and expensive marketing in the industry. These games have the highest budget and take years to develop by professional gaming developers. Some of the video game examples include Call of Duty, GTA, God of War, Uncharted, Red Dead, Redemption, Resident Evil, and many more.
According to various gaming experts, the gaming industry has also known the concept of NFTs in the form of digital items within the games. The only difference between traditional gaming and Web3 gaming is the aspect of ownership.
During the past few years, the gaming industry has opened up a new arm called Web3 gaming where the play-to-earn reward system exists. This aspect of the gaming industry has been surging into great popularity for the past few years. Axie Infinity is a great example to quote that recorded a sales volume of $27.71 million in 2021 alone.