Non-Fungible Tokens (NFTs) have revolutionized the world, and the gaming sector is no exception. According to a recent report from the Academy of Animated Art, the current value of the NFT market is well over $20 billion. Therefore, it’s very clear that this field is full of great promises and opportunities.
We interviewed the developers behind NFT Arkade, a brand new NFT marketplace that has expanded rapidly in recent years. We wanted to find out more about the potential of NFTs in the gaming industry. We had the opportunity to interview Delcado Clarke (Senior Blockchain Developer), Mike Harold (Full Stack Developer) and William Regan (UI/UX Designer) from NFT Arkade.
The NFT Arkade team is working to develop a platform that will completely transform the gaming industry. The team thinks that integrating NFTs is the future of gaming. We obtained a lot of valuable information regarding NFT marketplaces from the talented team. Let’s take a look at some of the main snippets from the interview.
NFTs in Gaming: Challenges, Solutions and NFT Arkade
Beeda Times: Can you provide us some background on NFT Arkade’s journey?
Delcado Clarke: NFT Arkade mixes gaming and blockchain technologies. Users can purchase, sell, and trade NFTs. These NFTs come as in-game items, collectibles, and skins on our marketplace. There are also games that use the blockchain and award players with NFTs.
Beeda Times: How would you describe the impact of NFTs on the gaming sector in future?
Delcado Clarke: In my opinion, NFTs have the power to fundamentally alter how players engage with video games. Players can buy, sell, and trade items in the game with other players thanks to NFTs. This allows for genuine ownership of these items and is also driving the demand. This creates a whole new range of opportunities for gaming, such as the development of real player-driven economies.
Beeda Times: What difficulties do NFT collectors encounter in the gaming industry?
Mike Harold: Scaling the blockchain technology is one of the main challenges in the project. For gamers looking for NFTs, blockchain transactions can currently be complicated and expensive. NFTs are also not well known or understood. There are still misconceptions regarding the marketplaces. This might make it challenging for game developers to integrate them.
Beeda Times: How is NFT Arkade attempting to overcome these difficulties?
William Regan: We are using specialized technologies to speed up blockchain transactions and lower the costs. We are also attempting to inform game developers and players of the possibilities of NFTs in gaming. We have a strong marketing team that’s working to encourage more gamers to use NFTs.
The Future of NFT Arkade and NFTs in Gaming
Beeda Times: Where do you see NFT Arkade in the coming years?
Mike Harold: In the near future, we think that NFT Arkade will play a significant role in the gaming sector as an NFT marketplace. We picture a world where player-driven economies flourish and gamers may actually own the things they acquire while playing video games. The usage of NFTs to compensate players will change the gaming experience as we know it. We wish to be a part of this revolution.
Beeda Times: Can you summarize the advantages of implementing NFTs in gaming?
Mike Harold: NFTs offer a variety of advantages to players, including the possibility of player-driven economies, the ability to purchase, sell, and exchange in-game assets, and true ownership of these assets. Because all transactions are recorded on the blockchain and cannot be changed, NFTs also bring a level of transparency and fairness to transactions in games.
Upcoming Features and Updates
Beeda Times: What are the upcoming features or updates that NFT Arkade will release for its consumers?
Delcado Clarke: For NFT Arkade players, we have a number of exciting updates planned, including the inclusion of additional games, the implementation of special rewards, and the release of a mobile app. Additionally, we are aiming to enhance the user experience by lowering transaction costs and speeding up transactions. We want to help gamers and developers understand more about NFTs and their potential in the gaming industry. So we are developing detailed instructional materials and arranging community events.
Mike Harold: I would like to add that the NFT Arkade team is a key player in the revolution that will fundamentally change the gaming industry. Our team is laying the foundation for a future in which NFTs are a crucial component of the gaming experience.
William Regan: Besides, we are creating inventive solutions and educating developers and players. NFT Arkade is paving the way for NFTs in the gaming industry, which has a promising future.