GameRefinery analyzes how mobile games are using blockchain tech

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GameRefinery takes deep dives into mobile games and now it has released a report that explores how mobile games are using blockchain technology, which could prove revolutionary for game business models but risk angering gamers and game developers who are suspicious of monetization schemes.

Blockchain games are one of the most trending topics in the game industry right now, but arguably one of the most divisive since the early beginnings of free-to-play mobile games, GameRefinery said. The company presented its analysis with a neutral opinion on whether blockchain games are positive or negative for players.

While it may seem this trend has appeared suddenly out of nowhere, blockchain games have been around for a while now; Axie Infinity, one of the most popular blockchain games, was released back in 2018, but it was only in 2021 that the game took off and larger studios such as Square Enix started paying attention to blockchain games, particularly non-fungible tokens (NFTs), which use the blockchain to authenticate unique digital items.

There’s a growing number of live games in the market utilizing some sort of blockchain technology, even on mobile, which include games such as the multiplayer battle arena game (MOBA) Thetan Arena, massively multiplayer online role-playing game (MMORPG) MIR4, property trading game Upland and the social customization game Highrise. ​​

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