CCP Games, the studio behind the popular game EVE Online, has raised $40 million to develop a new blockchain-integrated game set within its sandbox sci-fi universe. The game will build on the company’s previous blockchain research and development efforts and will be a standalone title with the codename “Project Awakening.”
Web3 Title Utilizing Smart Contracts
The game’s key elements will utilize smart contracts, enabling open third-party development and data persistence. The focus will be on composability, allowing players to create unique experiences within the game. The project’s exact details are not yet known, and it is unclear if the title will interact with public blockchain networks like Ethereum, as is the case with other metaverse offerings such as Decentraland and The Sandbox.
Milestone for Entertainment Sector
The new game marks a milestone for the entertainment industry, as a major studio embraces Web3 technology. As more traditional gaming companies explore blockchain and NFTs, the possibilities for immersive, player-driven experiences in the metaverse will continue to grow. The potential for blockchain and NFTs to revolutionize the gaming industry is enormous, and we are only just beginning to scratch the surface of what is possible.
Epic Games and Web3 Gaming
Epic Games is also looking to break into the Web3 gaming market. The company has nearly 20 third-party, crypto-enabled games that are expected to hit its online store over the next year. Although none of the games will be developed or published by Epic itself, the company is taking precautions and keeping a distance financially from the crypto games that operate in its marketplace.
Web3 Gaming The Logical Step for Mainstream Adoption
The emergence of big names like CCP Games and Epic Games into the Web3 gaming space marks a significant shift in the gaming industry. With increased investment and interest in the space, it’s likely that we will see even more innovative and creative games emerging in the near future. The future of gaming is set to be a thrilling and constantly evolving landscape, and blockchain and NFTs will play a critical role in shaping it.
