Since their inception, video games have had a grip on culture. From the days of Pong and Space Invaders through to Animal Crossing and Among Us, great games have the power to captivate players and power the entertainment industry. According to Grand View Research, the global video game market was estimated at $217.06B USD in 2022 and is expected to increase at a compound annual growth rate (CAGR) of 13.4% from 2023 to 2030.
New technologies, both hardware and software, have massively impacted the gaming industry, and current times are no different. New graphics engines, the advent of AI, and the emerging popularity of blockchain have begun to shape the experience and expectations of gamers around the world. This evolution is expected to continue into the next decade and Sui is primed to be a central part of this story.
Enhanced Engagement Through Asset Ownership
“All else equal, a digital asset you own is better than one you don’t own.” - Bill Allred, Mysten Labs Director of Gaming Product
Customizing avatars, earning rewards, and buying assets is not a new concept for gamers. Owning these assets on a blockchain allows players to retain a record of the time and effort they spend playing a game. It also allows them to engage in trading, sharing, and reusing assets in a network-wide marketplace.
Sui is designed around optimizing the exchange of digital assets. Any asset can be an object. These objects can own other objects, creating hierarchical relationships that mirror the needs of modern games. An avatar can buy or earn accessories to show off personal style and the data model accurately reflects this ownership. In addition, Sui’s data structure allows in-game assets to quickly and easily evolve, creating dynamic gameplay for players.
Gaming studios can create assets that move through their gaming universe rather than remaining trapped inside a single game. Property rights may help players develop deeper relationships within a game, building communities and expanding the level of engagement across the life of the game. Asset ownership has the potential to make compelling and immersive games that much more appealing.
The roster of games being built on Sui is wide-ranging. Want to make your workouts a game? Run Legends is ready to help push you to meet new goals. Love an old-fashioned point and shoot game? Bushi ninjas are ready. Prefer a little role play? Choose your favorite Panzerdog and hop in a tank. There is something for everyone in Sui gaming.
Sui’s Play Beyond Hub helps you discover your next favorite game, learn about the technology that powers them, and connect with the Sui community.
Go play today!