Blockchain gaming platform with NFT-based monetization: improved community engagement and stable revenue stream

AWS

Back-end development

Blockchain

Entertainment

Front-end development

NFT

Innowise has developed a comprehensive platform for hosting blockchain-based games utilizing smart contracts, coupled with an integrated NFT marketplace.

Customer

Industry

Media & Entertainment

Region

Israel

Client since

2023

The client builds a digital ecosystem for blockchain gaming. They aim to provide a robust environment for developers to engage with blockchain technology through interactive gaming and form a community through gaming events.

Detailed information about the client cannot be disclosed under the provisions of the NDA.

Challenge

The client lacked the expertise to properly implement the smart-contracts and NFTs into their gaming platform

The client required help building a solution to host engaging and interactive blockchain games. They sought to incorporate the technology to attract blockchain enthusiasts through innovative game mechanics and monetization strategies.

Solution

A platform for hosting blockchain games with NFT-based monetization

Our team developed a platform that allows for hosting blockchain games and events. We also built a smart contract-based racing game for the platform, accompanied by an NFT marketplace that enables monetization through the membership system based on digital assets.

Blockchain gaming platform

The platform allows users to play a selection of blockchain chain games, as well as watch live streams of gaming events. Through the platform, the viewers can check leaderboards, engage in available games, track upcoming events, and vote on participants’ performance throughout the events.

Our team also implemented NFT-based passes, which users can purchase and use to cast votes and get unique digital rewards.

Smart contract-based racing game

Styled as a mix between a hackathon and Mario Kart, the game requires teams to program smart contracts that manage their racing strategies effectively. In each racing session, the teams are given a limited amount of coins and gas to process the transaction. They can use the coins to purchase various in-game buffs to gain an advantage over their opponents.

The available in-game buffs are:

ACCELERATE: boosts speed;
SHELL: slows down the leading car;
SUPER_SHELL: ignores defenses and targets the leading car;
BANANA: significantly slows down a competitor;
SHIELD: offers protection against regular attacks.

The teams submit their programmed smart contract and watch a Unity-based visualization of their race.

After each race, the teams can adjust their code for the next one.

Since the participants cannot know the moves of their opponents before submitting the contracts, they must manage these resources carefully and predict competitors’ moves to win races.

NFT-based passes

The NFT infrastructure allows viewers to purchase passes that provide voting rights during events. They can view the performance metrics of competing teams and then predict the winner of the next race. They receive points for correctly predicting the winners, and the top-performing voters receive exclusive NFTs or other digital assets as rewards.

Technologies

Blockchain

Solidity, Geth, Arbitrum

Front-end

Angular, Vue.js

Back-end

Node.js, Firebase Functions

Cloud

GCP

Process

Throughout the project, Innowise maintained constant and transparent communication with the client to keep a sharp focus on project goals. The project management approach was characterized by daily check-ins, where the development team and the client discussed progress, challenges, and next steps. These daily meetings allowed for rapid adjustments to the project scope and focus based on ongoing feedback.

Team

Front End Developer

Solidity Developer

UI/UX Designer

FinTech Lead

Results

Boosted community engagement and stable revenue stream

The solution has successfully attracted a growing community of both blockchain enthusiasts and developers of renowned blockchain products. The integration of smart contracts with competitive gaming elements has created a unique and engaging user experience, allowing the community to share knowledge and connect with each other. The NFT marketplace has not only provided a revenue stream for the client but has also enhanced user interaction, making the gaming experience more interactive and rewarding.

Project duration

March 2023 - December 2023

76%

boost in blockchain community engagement

30%

increase in revenue through a stable stream

Related cases

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Having received and processed your request, we will get back to you shortly to detail your project needs and sign an NDA to ensure the confidentiality of information.

After examining requirements, our analysts and developers devise a project proposal with the scope of works, team size, time, and cost estimates.

We arrange a meeting with you to discuss the offer and come to an agreement.

We sign a contract and start working on your project as quickly as possible.

Blockchain gaming platform with NFT-based monetization: improved community engagement and stable revenue stream

Customer

Challenge

The client lacked the expertise to properly implement the smart-contracts and NFTs into their gaming platform

Solution