Non-fungible tokens (NFTs) are becoming increasingly prominent in games, and MetalCore Foundation, a video game publishing company formed by developers who previously worked at Activision, Disney, Lucas Films, and Midway, among others, launched a new open-world game that highlights NFTs. The game, named MetalCore, is a multiplayer fighting game that aims to combine traditional game mechanics and GameFi-based blockchain technology. According to reports, MetalCore will hold its first NFT presale in January 2022, while a private alpha is expected to launch for limited PC gamers in early 2022.
Developed by Studio 369, the game follows a proven formula followed by a number of existing blockchain games. MetalCore will allow players to collect rare weapons, cosmetic nets, and skins that can be used in battle and traded as NFTs on the open market. Players will have the opportunity to earn in-game rewards and also become virtual landowners, where they can mine in-game assets and generate tax revenue.
A brief trailer for the game shows robotic war machines reminiscent of Titanfall, in an alien environment and avatars that control these war machines. The first trailer also previews what in-game items will likely be redeemable as NFTs.
GameFi technology is already among the most sought after in the crypto ecospace, and early investors can expect gaming-related collectibles to fuel virtual economies. As the name suggests, GameFi is basically an intersection of decentralized finance (DeFi), NFTs and the gaming industry and is getting a lot of attention from the biggest gaming guilds due to its most common feature being of “playing to win”.
Two of the biggest titles in the blockchain gaming space currently happen to be Axie Infinity and Decentraland – two GameFi-driven ecosystems.
Speaking of play-to-earn, Ubisoft on a win call recently talked about plans to implement a play-to-earn blockchain model in the future. Whether Ubisoft plans to integrate NFTs into the reward structure of its existing open-world franchises or create entirely new blockchain games is what we have yet to learn.