The video game industry is one of the most rapidly growing markets in the world, and it’s also one of the most lucrative. In fact, global revenue from video game sales was estimated at $138 billion in 2020, and it is expected to reach $180 billion by 2030.
That’s why big players like Epic Games are getting involved in this market. The company recently announced that it will be releasing a new blockchain-based game called Grit on its store later this year. This is a huge step for Epic Games because it will be their first-ever venture into blockchain gaming.
Grit is a first-person action RPG that takes place in an alternate reality where humans have to fight for their lives in a battle royale-style set in the Wild West to the themes of Westworld. It features an open world that allows players to explore different environments as they fight against enemies and try to survive against humanity’s evil nature itself.
The game may feature some unique elements such as player-controlled horses, gunslinger quests that can be completed by multiple players at once, and crafting systems that allow you to create weapons using resources you find out there (like diamonds!.
Gala Games is already a leader in complex storylines in their games and so they’re no strangers to the challenges of creating truly immersive experiences that appeal to both hardcore gamers and casual players alike in the Web 3 world. This time around, they’re taking their expertise to the next level by incorporating blockchain technology into their game design. With Grit, players will be able to earn cryptocurrency through NFTs as they play, making it a perfect P2e opportunity.
The game has already been deemed as the portal to many more NFT-based Web3 games that could hit the Epic Games store. Upcoming games of Gala include a first-person shooter (FPS) game and an NFT eSport called Spider Tanks.
The announcement comes amid a growing fad for blockchain games—games that utilize the technology behind cryptocurrencies like bitcoin to create an entirely new gaming experience. In the case of Grit, players will be able to purchase in-game items using their own cryptocurrency or tokens purchased from other players; they can then trade those items with other players to earn more money.
“Epic is a pioneer and visionary in the video game industry. Gala Games’ titles being available on the Epic Game Store brings legitimacy to this new genre of gaming. Easy access to Web3 games is a turning point for those players who have not yet seen how digital ownership can enrich the gaming experience” said John Osvald, president of Gala Games.
Epic Games will distribute its first blockchain-based video game later this year with the debut of @GoGalaGames’ Grit, a Western-themed battle royale.
Epic said last year it was open to blockchain games so long as they abide by some general rules. https://t.co/98G48AqS9E
— Nick Statt (@nickstatt) June 6, 2022