The CEO and founder of the Web3 game studio in Australia, Ninja Syndicate, believes that GameFi can usher in a new era where users can make a living through blockchain games.
In a conversation with Cointelegraph, founder John Nguyen and CEO Alex Donmou said that traditional jobs are increasingly at risk due to factors such as automation.
According to the game developers, blockchain games can play an important role for people to make a living in the digital world by playing to earn and moving to earn.
The process often requires massive work, but Dunmo said many mainstream Triple-A games already have “hundreds of hours of grinding,” even if the assets “provide no value to the player.”
In GameFi titles, digital assets can come in the form of non-perishable tokens (NFT). Users can then take them to the market and sell them for fiat currency or cryptocurrency, essentially earning a wage through gaming, Dunmow claimed:
“NFT can give you the technical ability to take ownership of game resources outside of the game publisher’s control.”
One of the best examples Dunmow has seen of people making a living through GameFi is a 2021 report about a community in the Philippines that switched to NFT gaming during COVID-19, causing a shortage of workers in low-wage jobs that could earn wages by playing blockchain games instead. So:
– I saw the whole situation as positive. A group of people who were most likely exploited in their low-paying day jobs have found a way to earn wages in the Metaverse.”
Dunmow and Nguyen said that negativity about NFTs and blockchain in games is a challenge, but that through their games they hope to “skillfully educate people about the benefits of NFTs.”
The game studio has developed a suite of blockchain games within the Supremacy World ecosystem, which involves building, fighting and mining resources in a dystopian fantasy world where factions use giant mechs to fight for territory and power.
Supremacy will eventually combine four games: an already out battlefield, first-person shooter, multiplayer online multiplayer and a grand real-time strategy game.
With a series of four interoperable games, the executives said they are creating an ecosystem where players have “sovereign ownership” of their digital assets and can use them as they wish, explaining:
“What boils down to interoperability is the ability to share digital assets between games.”
However, Nguyen noted that this interoperability could also extend to “other game worlds, the DeFi and PFP suite.”
“Supremacy will give people who own an NFT, whatever it is, an in-game asset in our world,” Nguyen said, adding that they recently had the chance to design a custom mechanical skin based on his Bored Ape yacht. The club’s trademark NFT, which says he can now deliver his monkey and claim his custom skin based on his NFT.
Despite the time and resources required, Dunmow acknowledged they wouldn’t be able to design something customized for every user, but said it shows what’s possible.
Related: Illuvium co-founder shares plans for ‘interoperable blockchain’ model
At the heart of their game, Donmu said, they’re still trying to build a “fun game” that he believes is essential to the industry’s survival, adding that “attracting players outside the crypto space is critical, especially in bear markets:”
“You make a fun game that has blockchain elements and that attracts the big players; you are now disconnected from market forces and you will be able to survive any recession.”