NFT Game Development like REVV Racing

As we move towards Web3, NFT development is gaining more and more popularity among people. For this reason, NFT game development has become a great business opportunity for businesses that want to create a Blockchain-based business model. Did you know that the NFT sales had hit a whopping $25 billion? 

This shows the importance of investing in the NFT marketplace and game development. In this blog, we are going to discuss NFT gaming platforms like REVV Racing.

Before we talk about NFT game development, we should quickly understand NFTs. 

What is an NFT?

NFT or Non-fungible tokens are basically unique cryptographic assets hosted on a Blockchain. Above all, each NFT has its own unique identification codes and metadata to differentiate it from other NFTs. Moreover, you cannot trade or exchange NFTs at equivalency like cryptocurrencies.  Thus, each NFT is never identical to the other. 

Key Features of NFT 

• NFTs existing on a Blockchain cannot be replicated since they are cryptographic tokens. 
• Businesses can use NFTs for representing real-world items like real estate and artwork. 
• It becomes more efficient to buy and sell assets and also reduce fraud when we tokenize real-world tangible assets. 
• We can also use NFTs for representing individuals, identities, property rights, etc. 

NFT Key Statistics 

Now that you know about the definition of NFT and its key characteristics, let’s understand the key statistics of NFT from different industries. 

• The first appearance of the concept of NFT technology emerged back in 2012 and 2013. Back then it wasn’t even related to Blockchain technology until 2017. 
• One of the first NFT integrations was done with Christie’s auction house. It was the place where the real picture in a JPG format of famous artist Beeple was sold for $69 million. 
• Jack Dorsey, the CEO of Twitter sold an NFT of his first Tweet at an exorbitant price tag of $2.9 million. 
• It is estimated that musician Grimes earned $6 million after selling the NFT collection of digital artwork and videos. 

What is Revv Racing and Why is it so Popular?

Revv Racing is an increasingly popular NFT based game. It features an interactive arcade simulator for car racing games. Moreover, all the racing in the Revv Motorsport ecosystem works on the concept of play-and-earn. This ecosystem works on the Polygon network, a solution of the robust Ethereum blockchain. 

With the growing popularity of gaming in Web3, NFT gaming platform like REVV Racing are also gaining traction among businesses. These NFT based games can have a significant long-lasting impact on the gaming industry. 

The play to earn the business model of the game can open up new income opportunities for the gamers. Quality NFT game development can also be a significant contributing factor to the growth of the Metaverse and Web3 as a concept. 

The NFT based game uses cars as non-fungible tokens (NFTs). Users can use the cars as non-fungible tokens (NFTs) for trading with the in-game native token known as REVV. Above all, the proper NFT Racing game development in Revv Racing gives a 3D racing experience just like traditional PC or console games. However, the users enjoy the perks of the play-to-earn mechanism of the NFT based game. 

Reasons Behind its Popularity 

• The game provides photo-realistic effects with the view from both first and third-person perspectives. Furthermore, the game also features additional camera angles of the cars. 
• Just like any other traditional PC or console racing game, players can take total real-time control over their cars during the gameplay in this NFT based game. 
• The effective NFT game development ensures that the players can use external game controllers, or standard keyboard and mouse to play Revv Racing.  
• Revv Racing players can own in-game NFTSs in the form of cars and the native token of the platform to trade them for real-world monetary benefits. 
• You can also build an NFT gaming platform like REVV Racing on a Blockchain with less effort, time, and expenditure. 
• The native token of the game could be helpful to power the game and future extensions of the ecosystems. 

Why Should You Build Your Own NFT Gaming Platform like REVV Racing? 

Developing an NFT gaming platform will help you enjoy the following benefits; 

• Building your own NFT gaming platform like REVV Racing can help to gain a reputation as an arcade simulation game publisher. 
• Creating an NFT based game can help you earn huge profits in a very short period of time. However, you just need to ensure good content to gain the interest of gamers in your game. 
• Considering Building an NFT gaming platform like REVV Racing can help you build a much wider 3D racing metaverse NFT ecosystem. 
• Developing an NFT based game like Revv Racing gives you the opportunity to build an exclusive NFT marketplace where users can trade NFT cars and other elements. 
• Developing an NFT gaming platform like Revv racing can provide you with a headstart to create dedicated racing games for the Metaverse with VR/AR technology. 
  Also Read:

  Top 7 Necessary Features of NFT Marketplace

Benefits of NFT Based Games

NFT game development can provide you with remarkable benefits over traditional game development. These are some of the most notable benefits of developing NFT based games; 

• Unparalleled Transparency 

Transparency has been a major problem in the traditional gaming industry. When you take proper NFT game platform development services, you are able to tokenize digital gaming assets. 

Thus, this provides better transparency to the users. If you plan to consider NFT Racing game development, the users could check all the transactions taking place on the Blockchain. Lastly, this will also ensure better security and immutability. 

• Better Verification of Transactions 

The use of NFTs in the gaming industry would certainly make the transactions more verifiable in real-time. Thus, gamers will have more trust in the game development companies. You should consider taking NFT game platform development services from a prominent digital transformation company if you want to provide this trust to your users. 

• The Aspect of Rarity 

We have already discussed that each NFT is unique from the others. Plus, NFTs also have a unique identification code. Thus, developing an NFT based game could bring a factor of a rarity with unique in-game assets. For example, if you are considering NFT Racing game development, then there could only be a single Porsche 911 GT3 RS in your game. This creates more anticipation and exclusivity in your NFT based game. 

• The Incredible Use of Smart Contracts 

Using Smart Contracts is also possible when you are investing in NFT game development. This would remove the need for additional intermediaries, which is helpful in avoiding cyber-attacks and other fraudulent activities. The decentralized infrastructure of your NFT based game ensures both security and performance. 

• Better Liquidity 

The instant tradability aspect of NFT based games will ensure better liquidity. Thus, the users are able to easily convert digital assets into fiat currencies. In comparison, this might not be possible with traditional games, where the users had to face a painstakingly long conversion process.

Features of NFT Based Games

NFT gaming provides an incredible set of features to both gamers and game developers. The smart introduction of Blockchain technology has the potential of changing the gaming rules and features commonly associated with games. 

# Metaverse 

NFT gaming will become an important component of the gaming industry in the Metaverse. In fact, NFTs will help the game creators in creating the perfect economy in the virtual world of the Metaverse. Moreover, NFTs can make the Metaverse by connecting the fashion, music, art, and entertainment industries to the Metaverse. 

# Zero-Trust 

NFTs work with the concept of zero-trust, here every transaction or any alteration in the block is checked and verified again. No one in the Blockchain network is a trustworthy entity. Therefore, verification and checking become important components for NFTs. 

# Community Focused 

Owning an NFT also provides some social benefits to the owners. Many NFT projects have already turned into vibrant communities, where every participant can contribute to the development of the NFT. The NFT collectors can gain access to members-only discord servers, exclusive merchandise, and more. 

# Immutability 

If a traditional online game shuts down its operations, the users will also lose their in-game purchases and assets. NFTs are immutable, thus, they can exist independently instead of relying on a specific platform. Such in-game purchases in NFT games can be purchased and sold again without considering the situation of the game itself. Lastly, new games can be developed on the same Blockchain protocol to effectively utilize that asset.

What is the Future of NFT Game Development?

In the age of Blockchain technology and concepts like the Metaverse, we say that the future of NFT game development will be bright. In fact, top businesses are already considering investing in development services for NFT marketplaces. The launch of an actual Metaverse would have a significant impact on the future of NFT gaming. 

Developing an NFT based game would be more feasible with the instant launch, cost-effectiveness, and blockchain network of your choice. Ultimately, it could be a profitable business model if you have the right content and a Blockchain development team.

The future of NFT games might be completely different from popular games like World of Warcraft, Fortnite, and Grand Theft Auto. 

It is very possible that NFT games will create different Metaverses with their respective micro-economies. The gamers will be able to earn income by playing these games. Thus, gaming could even become a full-time job for individuals instead of just a side hustle or lottery. 

The users will have more participation in the development and improvement of a game. Moreover, they will be having complete ownership over the assets to buy and earn in the game. Thus, this will ensure the potential growth of the game. 

Steps To Build an NFT Gaming Platform like Revv Racing

These are some of the most critical steps that you must consider while developing an NFT gaming platform. Following the right advice from the beginning will help you ensure a more successful and popular digital product.

1. Focus on the Designing Part 

You have to get on a drawing board first to decide the genre and aspects of your NFT based game. Thus, you have to analyze different use cases where others have implemented NFT gaming. This would help you decide the right genre to start the NFT game development process. We can segregate the NFT games into the following categories; 

• Racing Games
• Action Games 
• Arcade Games 
• Adventure Games 
• Card Games 
• Online Board Games
• Casino Games
• And more! 

Hiring a Blockchain app development company can give you the best suggestions for the design part of your NFT based game. Moreover, you will be able to discover better innovations for your game idea and reach a wider user base. 

2. Selecting the Technology Stack 

When it comes to proper game development, Unreal Engine and Unity are the most popular game engines which help game developers to create both interactive 2D and 3D games. You will also need some experience with scripting APIs and efficient tools to build incredible NFT based games. 

3. Getting into the Core Development 

After working on the designing part, you have to get started with the development process of NFT game app development. This would involve working on the front-end and back-end parts of the game.  

You will also need to choose a Blockchain network, where your NFT gaming platform like REVV Racing will be hosted. The Ethereum Blockchain is often the most suitable Blockchain network for NFT game development. You also have other options like Binance Smart Chain, Solana, Azure, and Stellar for NFT gaming projects. 

To get started with the front-end of your NFT based game, you can either go with JavaScript or TypeScript. Plus, you will need to use React, Vue, and Angular for effective front-end development. For the back-end part, you will need to rely on Node.js. Since this would be an NFT-based game, you will also need to integrate a crypto wallet to enable in-game trade. Hiring a Blockchain app development company will ensure a smooth development process. 

4. Crypto Gaming Wallets 

If you are considering building NFT Play to earn gaming solutions, then you will also need to choose a crypto gaming wallet. It will help the users to securely store, invest and have transactions on the platform. The majority of the NFT based games are built on the Ethereum blockchain, thus, they are also connected with the Ethereum wallet.  

AlphaWallet, Math Wallet, and Metamask are known as some of the best crypto wallets to support your NFT game development projects. Furthermore, they will help you ensure multichain support, cross-device compatibility, and high security. 

5. Ethereum: Leading Blockchain for NFT Gaming 

The Ethereum Blockchain is known for featuring a highly secure platform for building dApp games and providing superior support for creating Smart Contracts. Moreover, this Blockchain enables the users to easily transfer the digital assets with other Ethereum game accounts. Thus, you get a very empowering technology for NFT game development. 

The Ethereum Blockchain has been the major backbone behind the rapid advancements in the gaming industry. In NFT-based games, the users can use a private key for securing their ether on the Ethereum blockchain. 

6. Testing and Deployment 

Indulging in NFT Racing game development will need you to focus on extensive testing before the deployment. In fact, you have to build multiple test cases to organize both automated and manual testing of the project. Ultimately, after completing the NFT game development process, you will also need to focus on marketing campaigns to make your digital product successful in the market. 

The Play to Earn Concept

The concept of playing to earn games allows people to gain real-world value with the help of in-game assets and other digital assets like NFTs, cryptocurrencies, and other blockchain protocols. The introduction of NFT technology completely changes the way the gaming industry can evolve with free-to-play and play-to-earn games. These games can ensure a higher user base since they can enjoy real financial benefits by playing with the game.

NFT game development allows the creation of plenty of digital assets with unique values that can’t be replicated. Blockchain developers just need to create a smart contract to enforce an NFT into the game’s interface. Thus, we can say it is just like self-executing pieces of code present on a Blockchain. 

NFT App Development Cost

Developing an NFT marketplace is a complex task and requires extensive technical expertise. It would be very hard to provide an accurate estimate for the NFT app development cost. Moreover, it takes a significant amount of time and resources to build an NFT marketplace from scratch. These are some of the important factors that could significantly impact the development costs; 

• Performance 
• Efficiency 
• Safety
• Simple to Use 
• Adaptability 

Usually, it takes around $60,000 to $116,040 to develop an NFT marketplace. Similarly, it would be hard to determine the exact cost of developing an NFT based game since there is no set cost. Still, developing a normal NFT based game would cost you around $200-$350k. The total game development cost would also depend upon features, development team, gameplay, graphics, etc. 

How Can MobileCoderz Help You with NFT Games?

MobileCoderz is a leading Blockchain development company with expertise in NFT marketplace development and game development. You can hire our expert developers, designers, QA professionals, and project managers for effective NFT game development. We have a stellar portfolio of clients ranging from diverse industries.