NFT games are better than traditional games, Urvit Goel

The gaming industry is one of the oldest in existence. But changes came to the sector with the use of blockchain technology and NFT. Now a lot is happening in the industry, including game developers opening shops on the blockchain.

Nowadays, people can earn money playing games, not the kind of income that you don’t withdraw. But actual money can be earned through winnings. Apart from that, these innovative games allow users to sell their items in-game with the integration of the NFT model.

All these features of blockchain-based games pushed Urvit Goel, the business development manager of Polygon, to applaud the sector. But according to Urvit, the traditional games have lost their edge to NFT-integrated games.

NFT games outperformed traditional games

Goel shared his views with a reliable source last week. This discussion took place in Seoul and focused on why Polygon is pushing towards NFT games and why many game developers now prefer the space. The business development manager cited two well-known publishers in South Korea, Nexon and Neowiz, as spearheading this migration.

According to Goel, traditional games are no longer as appealing as the NFT game model. For example, many conventional players usually buy in-game items with real money.

But they cannot sell the same items for real money should the need arise. But with the integration of the NFT model, players can buy their items as NFT tokens and sell them after the game to get their money back.

On that note, Goel stated that traditional games are money in, no money out. According to him, players should get some dollar value from their investments while playing games. He prefers that publishers give players some say over their in-game items. They can sell or keep them depending on what they want.

Traditional game publishers are moving to NFTs

Goel also observed that traditional game publishers are considering a shift towards NFTs. For example, he cited Nexon, a well-known South Korean publisher of MapleStory, which is now moving towards GameFi.

Nexon revealed two months ago through a game news outlet that they would launch a chain version of MapleStory. Moreover, Polygon is also partnering with Neowiz, another South Korean gaming mogul appearing on the chain.

Because of these moves, Goel expects a domino effect in the gaming industry. He says that for big shots like these two to move up the chain, they have also realized the edge to NFT games compared to traditional versions.

As a result, there is a great future ahead for GameFi and NFT games. Goel believes that with these top shots worth millions and billions of revenue coming into space, a lot will happen in the near future.

Featured image from Pixabay, chart from TradingView.com