A new study from the United kingdom of great britain and northern ireland revealed that almost game studios have already started exploring blockchain technology for their upcoming titles.

Deputed by blockchain platform Stratis and undertaken by insight agency Stance, the new research surveyed 197 video game developers in the Us and the United Kingdom. The results showed that 58% of developers are beginning to use blockchain technology, and almost half of the respondents (47%) started incorporating nonfungible tokens (NFT).

The study indicates developers' confidence in blockchain and NFTs, as two-thirds of studios expect blockchain to become prevalent in the gaming industry within the next ii years. While 72% of respondents are considering using blockchain and NFTs in upcoming games, more than than one-half (56%) plan to use the new tech within 12 months.

Speaking to Cointelegraph, Stratis CEO Chris Trew explained that blockchain techn, tokens and NFTs are vital technologies for new digital worlds and gaming experiences. "They enable players to ain a stake in the games they play by, for example, ownership land within a metaverse game as an NFT or a motorcar in a racing game," he said.

"Historically, games have been pay-to-play, and the value accrued merely to companies and platforms. Blockchain and NFTs turn this situation on its head," Trew added.

The top three benefits of blockchain for the video game manufacture are innovative gameplay (61%), securing value for players past keeping money in the game (55%), and rewarding players with real-world value (54%), according to the written report.

While indie game developers moved to the blockchain and NFT infinite starting time, with around 20 of them working with Stratis blockchain, Trew believes that major developers, too known equally AAA companies, won't be far behind. Large names such as Ubisoft and EA have already announced their interest in the technology, and Epic Games has welcomed blockchain games to its platform.

Related: Ubisoft will seek to invest in and create blockchain games

Game developers' interest in blockchain focuses on decentralized finance or GameFi (57%), the play-to-earn model (46%), NFTs offering in-game item ownership (44%), and in-game digital currency (42%).

Game developers will consider play-to-earn games' network effect, or players volition merely drift to games that reward them for their fourth dimension, Trew commented. "Gamers are passionate. Giving them a adventure to have a stake in the game, to exist able to earn coin in the metaverse just like you lot can in the existent world is revolutionary."