NFT game development – everything you need to know before launching your own project

Maciej Zieliński

14 Dec 2021
NFT game development – everything you need to know before launching your own project

NFT games might be the hottest trend in the whole gaming industry right now. If you consider joining it, read our guide, where we summarized their creation step by step. Check out experts’ insight on NFT game development.

Table of contents:

  • What are NFTs?
  • NFT and Gamming Assets
  • Advantages of NFT that the gaming industry may use 
  • NFT game development step by step
  • Hiring an NFT game development company

NFT games - why does it make sense?

What sounded unbelievable just a few years ago, is slowly becoming a mainstream reality today. Blockchain games have gained significant popularity. They revolutionize popular gaming genres by redefining the way we think about gaming assets and in-game purchases.

But besides hype, what exactly does make NFT a good choice for the gaming business?

NFT - what are they?

NFT stands for Non Fungible Tokens. But what does it mean? Among various blockchain token types, we differentiate between fungible and non-fungible tokens. (You can read here more about token types

Examples of the first kind are Bitcoin or Ether. Fungible means that a single token is indistinguishable from others in the same ecosystem. Just like in regular currency. Thus, they can be used for payment transactions.

NFT’s non-fungibility means that every token in the system is unique. NFTs don’t have a common value and often do not allow for an equal exchange (NFT for NFT). Each token represents unique information of ownership or identity.  

In the blockchain world, NFTs are digital assets that represent a unique digital or real item. How can we use them in the game ecosystem?

NFT and game assets
NFT and game assets

NFT and game assets

The gaming industry is a powerful branch fueled by its consumers’ passion. When gamers launch their favorite title, they immerse themselves in a new, alternative world. A quick look at the most popular games of the last decade, like League of Legends, Fortnite, or Counter-Strike, should be enough to see how modern gamers care about their characters, skins, and other in-game items. They treat them as an extension of their creative self. And what’s important, they can pay a lot for it.

The will to build a collection of unique items is nothing new. The games have shown us how far beyond the real world this phenomenon could extend. But do the purchased gaming collectibles become their property? Do these items differ somehow from the ones possessed by others? What is the true asset value? Often the answer is not so simple. During the last few months, NFTs showed us that they might change that. 

Everywhere where users collect and trade virtual gaming assets, NFTs can highly improve their gaming experience. Essentially, they assure players about the authenticity and scarcity of gaming assets and allow them to keep full ownership of the purchased assets. 

Collectible games seem to be a perfect environment for NFTs. That’s why we have seen a rapid growth of projects of such type during the last year. Yet, the potential of NFT gaming solutions goes far beyond them. Just think about online board games or PVP battle games. 

As an example, let’s take multiplayer games like the aforementioned LOL or Fortnite. Possessed skins and champions are of great importance to the players. Saving such virtual assets as NFTs would bring tremendous new possibilities. What if the players had complete control over the ownership rights to their game assets?

NFT game development - advantages
NFT game development - advantages

NFTs’ most important characteristics for gaming platform

  • Scarcity 
  • Verifiability 
  • Transparency 
  • Immutability 

Advantages of NFT gaming platform

  • Launching an NFT game can offer significant revenue-generating opportunities.
  • Demand for in-game assets increases its native token value.
  • Players can sell their virtual assets on a free market.
  • Players are assured about the scarcity of their virtual assets.
  • Thanks to NFT, implementing a play-to-earn model is possible.
  • Earning possibilities attract many players to NFT game platforms.
  • The current hype around NFT may be used as a driving force for your marketing campaigns. 

NFT gaming platform development step by step

NFT games design
NFT games design

Design

Define your idea 

What type of game do you want to build? Will it be a card game or maybe an RPG? Besides the genre, you have to decide its topic. Those will be the first steps of your own NFT gaming platform development.

When you determine these factors, try to find similar non-blockchain games. They will be a great starting point. Examine what worked in their cases and use them as an inspiration. 

In which games NFTs may be useful? 

You would be surprised how varied NFT games can be. Below, in brief, we summarized games’ genres where NFT usage would make sense:

  • Action Games
  • Adventure Games 
  • PvP Battle Games
  • Arcade Games
  • Online Board Games
  • Casino Games
  • Card Games
  • Fantasy Sports
  • Racing Games
  • Sports Games
  • Simulations Games

Bring creatives to your team 

It sounds a bit obvious, but in the NFT industry design seems to be everything. The same goes for the NFT gaming platform. Without interesting graphics, your game probably won’t attract many players. 

Do you think that creating appealing pixel art shouldn’t be difficult? You couldn’t be more wrong. Even a simple design requires skills and experience, without which your project will be simply dull and unsightly. Hence, don’t forget about artists that will bring your game to a new level. 

NFT game development
NFT game development

Development

Decide between a mobile app and a web app

This is one of the first questions you will have to answer approaching NFT gaming platform development. Both options have several pros and cons. 

Firstly, web apps are highly available and more accessible for a broader audience. On the other hand, mobile apps offer more features and are usually faster than web apps. Yet, the process of their creation is more time-consuming. 

If you decide on a mobile app, you will have to choose between native and non-native apps. While the first type is designed for a specific operating system, the second works on all of them. But at the same time, it doesn’t have access to functionalities, such as camera access or notifications.

Choose your game environment

To which blockchain will you connect your NFT game? While most of the NFT games use Ethereum Blockchain, there are alternatives worth considering. Check, for example, Solana Blockchain, which offers promising possibilities for NFT development. 

Also, even within just Ethereum, you have numerous different Layer 2 solutions that may increase the speed and accessibility of your NFT game. One that is definitely worth considering in the case of NFT games is Immutable X, designed specifically to support projects of this type.  

Frontend 

Most NFT games have their frontend done in Javascript or Typescript. As for the framework, the choice is between React and Vue. The majority of game developers use the first one. Angular is also an option, yet for most projects, it’s simply too heavy considering their needs. 

Connection with wallets 

Your NFT game should be connected with at least one of the available crypto wallets to allow players to safely store their NFTs. Most projects during NFT game development choose MetaMask

MetaMask offers certain advantages: it’s non-custodial and can store NFTs. Therefore it's extremely popular among NFT holders.

Backend 

For NFT game development Node.js is one of the most popular options as a backend language of NFT gaming platform solutions. 

Testing 

Rinkeby or Ropsten Testnet are reasonable options for testing NFT games. Yet, they’re definitely not the only ones. 

Launching and distribution 

After testing your app on a testnet you will want to deploy it to the main Blockchain network (mainnet). Don’t rush here, as there are several threats that may disturb this process. Give yourself time to properly test everything before. Here you can find a useful guide for the Ethereum network. 

But the success of your NFT game requires far more than just completing NFT game development. You mustn’t forget about a strong marketing strategy. Consider starting users’ engagement before you will eventually launch your game. Think about creating content, discord channels, Reddit groups. In the end community, you build may turn out to be extremely useful for further development. 

NFT game development company - Nextrope

Above we briefly summarize tools and programming languages that can be used during NFT gaming platform development. Yet, every project is unique and has its own requirement. Therefore, your development team should be able to adjust to those needs, as well as be prepared to overcome unpredicted obstacles that may emerge.

Furthermore, if you consider launching your own NFT game, you should be aware that its success requires skills and knowledge regarding both the technical and business sides of the Blockchain industry. That’s why many projects decide to hire an external blockchain company as a technological partner.

At Nextrope, we can call ourselves pioneers of Blockchain technology in CEE. We conducted one of the first tokenization in the world and since that we keep up to date with the industry. NFT games aren’t an exception. 

Do you want to know how Nextrope’s team can boost your NFT game on a new level? Feel free to contact our specialists who will gladly answer all your questions.

Tagi

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The Economy of Aleph Zero (AZERO)

Karolina

22 Feb 2024
The Economy of Aleph Zero (AZERO)

The evolution of blockchain technology has brought forward numerous platforms aiming to solve various challenges in the digital world. Among these innovations, Aleph Zero stands out with its unique approach to creating an economically viable ecosystem through thoughtful tokenomics and incentives. This article delves into the economy of Aleph Zero, focusing on its native token, AZERO, to understand how it sustains growth, incentivizes participation, and ensures long-term viability.

MUST READ: "What is Aleph Zero"

Understanding AZERO Tokenomics

Key Metrics and Distribution

  • Ticker: AZERO
  • Type: Utility
  • Circulating Supply: 257,990,631
  • Total Supply: 354,678,137
  • % Staked: 71%
  • # of Wallets: 207,370
  • Inflation: 30,000,000 AZERO per year
  • Market Cap: $410,598,781

Allocation and Use Cases

  • Aleph Zero Foundation. 23% of the tokens are allocated for research, development, marketing, operations, ecosystem incentives, and other expenses.
  • Team Allocation. 10% of the tokens, with 80% locked for one year and vested over four years.
  • Funding Rounds. Details on the pre-seed, seed, Early Community round, public presale, and public sale distributions.
  • AZERO Utility. The AZERO coin powers the Aleph Zero ecosystem by being used for validator node staking, DEX swap fees, collateral for wrapped assets in Liminal, fees for asset-wrapping and bridging on Liminal, network fees, and governance voting processes.

The Role of Inflation in Aleph Zero's Ecosystem

Inflation is often viewed negatively in traditional economic contexts, associated with diminishing purchasing power and economic instability. However, in the realm of blockchain ecosystems like Aleph Zero, inflation serves as a pivotal mechanism for fostering sustainable growth, incentivizing network participation, and ensuring the long-term viability of the platform. This article explores the nuanced role of inflation within Aleph Zero's ecosystem, detailing its introduction, benefits, and governance.

Introduction of Inflation

Aleph Zero has introduced a systematic annual increase of 30 million AZERO tokens to its circulating supply, a decision rooted in the desire to sustain and nurture ecosystem growth. This inflationary mechanism is not merely a tool for increasing token supply but a strategic approach to enhancing the network's security, scalability, and development. By carefully calibrating the rate of inflation, Aleph Zero aims to balance the need for rewarding network participants with the imperative of maintaining the token's value over time.

Benefits of Inflation

The introduction of inflation within Aleph Zero's ecosystem serves multiple critical functions, each contributing to the platform's overarching goals:

  • Incentivizing Validators and Nominators. Validators and nominators play a crucial role in securing the Aleph Zero network through the proof-of-stake consensus mechanism. Inflation provides these participants with financial rewards for their efforts, encouraging continued engagement and investment in the network's health and security.
  • Funding Ecosystem Treasury. A portion of the newly minted AZERO tokens is allocated to the ecosystem treasury each year. These funds are instrumental in supporting ongoing development projects, marketing initiatives, operational expenses, and other activities that contribute to the ecosystem's growth and sustainability.
  • Supporting Long-Term Holding. By distributing inflation rewards primarily to those who stake their tokens, Aleph Zero encourages long-term holding over speculative trading. This strategy aims to reduce market volatility and foster a stable economic environment conducive to gradual growth.
https://youtu.be/y-FypMbm0BM

Inflation Mechanism and Governance

Validators and Nominators

At the heart of Aleph Zero's security and efficiency are its validators and nominators, who ensure the integrity of transactions and the network at large. Inflation directly supports these roles by compensating participants for their staked tokens and the risks associated with securing the network. This compensation not only rewards current participants but also attracts new validators and nominators, enhancing the network's decentralization and resilience.

Ecosystem Treasury

The ecosystem treasury represents a vital component of Aleph Zero's inflation strategy, receiving a dedicated portion of the annual inflation to fund various initiatives. These initiatives range from research and development to community engagement programs, all aimed at bolstering the ecosystem's health and competitiveness. The treasury's role is pivotal in allocating resources efficiently to areas that promise the most significant impact on Aleph Zero's growth and user adoption.

Decentralized Governance

A key aspect of Aleph Zero's inflationary policy is its commitment to decentralized governance. The platform envisions a future where token holders can vote on critical decisions, including adjustments to the inflation rate. This participatory approach ensures that the inflation mechanism remains responsive to the ecosystem's evolving needs, balancing the interests of various stakeholders to support the platform's long-term success.

MUST READ: "Aleph Zero vs Solana"

Regulatory Compliance and Market Presence

  • FINMA No-Action Letter: Aleph Zero’s compliance with Swiss law and the implications for its operation and token issuance.
  • Market and Wallets: Insights into Aleph Zero’s market presence, including exchanges and wallet statistics.

Key Takeaways

Conclusion

The economy of Aleph Zero showcases a thoughtful approach to creating a sustainable and growing blockchain ecosystem. Through strategic token allocation Aleph Zero is poised to contribute significantly to the blockchain landscape. As the platform evolves, its economic strategies will likely serve as a benchmark for future blockchain projects.

If you are interested in utilizing Aleph Zero, Solana or other blockchain-based solutions for your project, please reach out to contact@nextrope.com

FAQ

How is the AZERO token distribution structured?

  • The distribution is designed to support the ecosystem's growth, with allocations for stakeholders and strategic initiatives.

What role does inflation play in the Aleph Zero ecosystem?

  • Inflation is used strategically to incentivize network participation and ensure sustainability.

What is the utility of AZERO tokens within the Aleph Zero ecosystem?

  • AZERO tokens power the Aleph Zero ecosystem (validator node staking, DEX swap fees, collateral for wrapped assets in Liminal, fees for asset-wrapping and bridging on Liminal, network fees, and governance voting processes).

How does Aleph Zero handle inflation and its impact on the ecosystem?

  • Aleph Zero introduces a systematic annual increase of 30 million AZERO tokens to encourage ecosystem growth, incentivize participation, fund the ecosystem treasury, and support long-term holding by distributing inflation rewards mainly to stakers, aiming to balance growth with token value maintenance.

Aleph Zero vs Solana: A Comparative Analysis

Karolina

22 Feb 2024
Aleph Zero vs Solana: A Comparative Analysis

Blockchain ensures unparalleled security, transparency, and efficiency across various sectors. Within this innovative landscape, Aleph Zero and Solana have carved their niches, emerging as leading blockchain platforms. This article delves into a comparative analysis 'Aleph Zero vs Solana', aiming to illuminate their distinct features, technological advancements, and potential applications.

Understanding the Basics

Aleph Zero

ALEPH ZERO WHITEPAPER

  • Brief History and Development: Originating from a vision to enhance privacy and scalability in blockchain, Aleph Zero quickly ascended as a notable contender. Its development team focused on creating a platform that merges traditional blockchain benefits with advanced privacy features.
  • Core Technology and Consensus Mechanism: At its core, Aleph Zero utilizes a Directed Acyclic Graph (DAG) combined with a unique consensus algorithm. This innovative approach not only ensures transactions are processed swiftly but also maintains high security and privacy standards.

Solana

SOLANA WHITEPAPER

  • Brief History and Development: Solana was born from the ambition to solve the blockchain trilemma: achieving scalability, security, and decentralization without compromise. Its rapid growth is attributed to its ability to cater to high-demand applications, from decentralized finance (DeFi) to non-fungible tokens (NFTs).
  • Core Technology and Consensus Mechanism: Solana introduces the Proof of History (PoH) consensus mechanism, a groundbreaking innovation that allows for timestamping transactions in a sequential manner. This, combined with its underlying blockchain structure, enables Solana to process transactions at lightning speeds, setting new standards for efficiency in the blockchain domain.

The journeys of Aleph Zero and Solana, though distinct, converge on a shared goal: to redefine the capabilities of blockchain technology. Through their innovative approaches to consensus mechanisms and core technologies, both platforms offer unique solutions to the challenges facing traditional and digital markets today. Their contributions to the blockchain landscape not only highlight their individual strengths but also underscore the diverse potential of blockchain technology as a whole.

MUST READ: "What is Aleph Zero - Key Features"

Key Features Comparison - Aleph Zero vs Solana

Scalability

  • Aleph Zero: Tackles scalability through its DAG-based consensus, allowing parallel transactions that increase scalability.
  • Solana: Achieves high scalability with its PoH consensus, efficiently handling thousands of transactions per second (TPS).

Transaction Speed and Throughput

  • Aleph Zero: Boasts fast transaction speeds due to its lightweight consensus mechanism, aiming for efficiency without sacrificing security.
  • Solana: Known for its exceptional speed, Solana processes up to 65,000 TPS, setting a benchmark in blockchain throughput.

Fees

  • Aleph Zero: Offers low transaction fees, making it attractive for both high-volume transactions and micro-transactions.
  • Solana: Despite its high throughput, Solana maintains competitively low fees, further enhancing its appeal for developers and users alike.

Smart Contracts and DApp Development

  • Aleph Zero: Supports smart contracts and DApp development, focusing on privacy and scalability within its ecosystem.
  • Solana: Provides robust support for DApps and smart contracts, powered by its high-speed blockchain, ideal for complex applications.
Aleph Zero vs Solana

Use Cases - Aleph Zero vs Solana

Aleph Zero

  • Best Suited For: Privacy-focused applications, financial services requiring high security, and scalable enterprise solutions.

Solana

  • Shines In: High-frequency trading platforms, decentralized finance (DeFi) applications, and NFT marketplaces demanding fast transactions.

Performance Analysis

Network Speed and Efficiency

  • Aleph Zero: Demonstrates efficiency with its innovative consensus, ensuring quick and secure transactions.
  • Solana: Outpaces many with its network speed, attributed to the PoH mechanism, ensuring both rapid and consistent transaction processing.

Scalability Solutions

  • Aleph Zero: Continuously explores advancements in DAG technology to enhance its scalability solutions.
  • Solana: Plans to further optimize its infrastructure, ensuring it remains scalable amidst growing demand.

Security Aspects

Consensus Mechanisms

  • Aleph Zero: Its unique consensus mechanism prioritizes security, aiming to prevent attacks while maintaining speed.
  • Solana: Solana's PoH consensus is designed with security in mind, preventing double-spending and ensuring transaction integrity.

Known Vulnerabilities and Responses

  • Aleph Zero: Responds to vulnerabilities with timely updates, emphasizing its commitment to security and privacy.
  • Solana: Has faced challenges, including network congestions and DDoS attacks, but has responded with enhancements to its network resilience.

Through this comparative analysis, it becomes evident that Aleph Zero and Solana each bring distinctive strengths to the blockchain arena. Their approaches to scalability, transaction speed, fees, and smart contract capabilities cater to different needs within the blockchain ecosystem. Moreover, their targeted use cases and ongoing efforts to enhance performance and security underscore the dynamic and evolving nature of blockchain technology.

Conclusion

In conclusion, the comparative analysis between Aleph Zero vs Solana reveals two highly innovative and efficient blockchain platforms, each with its unique strengths. Aleph Zero focuses on privacy and scalability, making it ideal for applications requiring robust security measures. Solana, on the other hand, excels in transaction speed and throughput, positioning it as a top choice for high-frequency trading and DeFi applications.

If you are interested in utilizing Aleph Zero, Solana or other blockchain-based solutions for your project, please reach out to contact@nextrope.com

FAQ

What are the main differences between Aleph Zero and Solana's consensus mechanisms?

  • Aleph Zero uses a Directed Acyclic Graph (DAG) combined with a unique consensus algorithm for high security and privacy, while Solana employs Proof of History (PoH) for high-speed transaction processing.

How do Aleph Zero and Solana compare in terms of transaction speed and scalability?

  • Aleph Zero focuses on scalability with its DAG-based consensus allowing parallel transactions, while Solana is known for its exceptional speed, processing up to 65,000 transactions per second.

What are the targeted use cases for Aleph Zero and Solana?

  • Aleph Zero is best suited for privacy-focused applications and scalable enterprise solutions, whereas Solana excels in high-frequency trading platforms, decentralized finance (DeFi) applications, and NFT marketplaces.

How does the developer community size and support compare between Aleph Zero and Solana?

  • Readers might be curious about the size of the developer community, availability of development tools, and the level of support provided to developers in both ecosystems.

What are the environmental impacts of Aleph Zero vs. Solana?

  • Given increasing concerns about sustainability, potential users may question the energy consumption and environmental footprint of both blockchain platforms.