Gaming is the fastest growing form of entertainment in the world. Worldwide sales are increasing by around 9.7% per year. Video game revenues were $ 139 billion in 2019 and the market is estimated to be nearly $ 200 billion by 2022. This development is accelerated by the introduction of blockchain technologies in the industry and the increasing use of virtual and augmented reality.
The fusion of blockchain and virtual gaming opens up new perspectives for the gaming industry, so that games can become more intense and offer players more lively experiences. VR has brought about a new level of interaction in gaming and the merger with blockchain is a natural step in bringing crypto-economy to the virtual world for fairer gameplay and better interaction.
Gamers are increasingly complaining about the benefits that wealthier users in the gaming world have from having better access to exclusive in-game purchases. The blockchain is being urged to make this access more comprehensive so that users with less real world money have the ability to generate crypto revenue and spend it on gaming. With gamers also complaining about the degradation of games from leading publishers and developers like Bethesda, decentralized platforms could breathe new life into games and divert attention from their corporate money-making purposes. By involving a more diverse user base, blockchain ecosystems can grow and develop faster.
One of the most shining examples of the strides blockchain-based games have made since the advent of their first generation of incarnations like Cryptokitties is the Age of ILCOIN: Retribution game – a twenty year leap from basic Tamagochi-style playable games into the world of virtual reality.
AoI, the first iteration of the game, gave users the opportunity to experience in-game purchases and a cryptocurrency-themed game, while AoI: Retribution pushes gameplay further by adding VR as a fixed format. Ego shooting and a semi-open world offer users more mobility and expanded usage in the game, which is the true hallmark of blockchain functionality in video games.
AoI: Retribution is a joint development by the development team of ILCOIN and SYDYG, SPECTER, FOKAGAMES and NEON SAVAGE. The core development team oversaw the creation of the main story and characters. The game is already available on the Steam gaming platform and the Oculus Store, and the ILCOIN team is in discussions with companies to customize the game for consoles.
AoI: Retribution offers the VR and game markets numerous options for visualizing exciting gaming experiences in the blockchain. The aim is to fully exploit the combined power of technologies and to offer the players a unique mix of fair internal game management and convincing action, built on the basis of fascinating game mechanics. AoI: Retribution was designed with the best aspects of its genre in mind, and aims to combine several elements of the best titles on the market to provide players with hours of gameplay.
The ILCOIN development team is confident that the gaming market offers great opportunities for those who innovate and are able to bring new experiences to gamers. Therefore, the project team is currently in the process of developing a number of other games. The roadmap includes building the shared future of VR games and blockchain technology, with Age of ILCOIN being the first step.