The gaming industry has long-since established itself globally, starting as what was once a mere passtime to what is now a worldwide financial entertainment industry. With the introduction of blockchain technology, this thriving industry is setting out to hit its next big milestone as gaming goes on-chain.
Amid the explosive changes within the gaming industry, it isn’t just storytelling that captures global gamer attention — it needs immersive storytelling elements too. As we look ahead, we see projects like CROSS THE AGES (CTA) blending these two elements together to seize the innovation of blockchain technology.
As we assess the impact of blockchain integration in the gaming industry, it becomes clear that gaming experiences like CTA demonstrate just how significant this change will be for the future generation of gamers.
The Modern Gaming Industry
Over three billion people; that’s the rough estimate of the global gaming industry user base today — with revenues that are expected to surpass $280 billion by the end of the year. Expected to grow at a rate of 8.76% annually until 2027, the gaming industry would be boasting revenues of above $360 billion by 2027.
When reviewing the expectations of the modern gaming industry, the numbers can be dizzying but wait, there’s more. Enter blockchain technology. Through digital connectivity as mobile-friendly games break through into the market, blockchain technology will propel the growth of the industry significantly.
No longer a mere entertainment industry, the integration of blockchain technology into the modern gaming industry has transformed entertainment into culture — spanning all demographics and ages. As advancements in this technology continue to hit mainstream modern industries, the limitations of gaming experiences are broken time and again.
Blockchain Gaming: It’s Over 9000!
There are over 9000 reasons why blockchain integration in gaming will uproot all traditional gaming expectations but, they are rooted in as few as three core fundamentals — security, decentralization, and ownership.
At the core of blockchain technology, its transparent mechanisms ensure a layer of security through blockchain immutability. This means that once a transaction is finalized, there is no way to change it. When applied to gaming, this makes revenue streams easier to create, manage, and secure.
When considering decentralization and ownership within the blockchain gaming industry, the two elements often function harmoniously. Through non-fungible tokens (NFTs), gamers are able to secure digital ownership that cannot be usurped or altered — particularly vital in any gaming economy.
Moreover, in a decentralized gaming economy, this helps create gamer-driven markets that hold value both in-game and in real life (IRL). By incorporating these decentralized ownership methods in-games like CTA, both players and game developers alike are able to amplify every aspect of the gaming experience.
CROSS THE AGES: Innovation In Action
CTA is the prime exemplification of blockchain integration in the gaming industry — launching in 2020 and soon establishing its place as an unyielding force in the blockchain gaming space.
Having created a blockchain transmedia universe — where sci-fi meets fantasy meets blockchain — CTA reveals the confidence of the industry after raising $3.5 million. With investments received from major investors like Animoca Brands, Sebastien Borget of The Sandbox, and Nicolas Jeuffrain of Tenergie, CTA has hit the ground running.
CTA has received this astounding successful equity round as the result of its strategic approach — going beyond just gaming. CTA introduces digital and physical trading cards, a series of books, an upcoming multiplayer RPG, and strategic AAA partnerships with the likes of Ubisoft by integrating Watch Dogs™ characters into the game.
Solidifying its place within a gaming industry market, CTA delivers a rich and interactive gaming experience that transcends metaphysics, and is set to launch its token generation event (TGE) today, May 15. The TGE will hit major exchanges that include the likes of GATE and MEXC, and the CTA token will be listed on both Bybit and KuCoin.
Looking Ahead: Growth, Growth, And More Growth
Blockchain gaming is set to take the gaming industry by storm, growing beyond the speed of light as new technological advancements in gaming experiences hit the market every month. With these evolving experiences comes new and renewed traction for gamers, eager to get involved in games that offer new paths to entertainment, and potential profitability.
Put eloquently in the words of Yat Sui, the executive chairman and co-founder of Animoca Brands: “Blockchain gaming is an important movement that is bringing true digital ownership to the masses. Cross The Ages perfectly embodies the values of this movement, enabling users to live experiences in a virtual environment solidly founded upon personal ownership.”
From blockchain integration to the introduction of technological breakthroughs — like artificial intelligence (AI) and extended reality (XR) — the potential of the blockchain gaming industry only continue to grow. By 2025, there’s no knowing how far technology might take us.
