Best Blockchain Game Development Companies 2024
The best blockchain game development companies combine gaming with blockchain technology. Now, games are not just fun to play, but they can also give players a chance to make money.
In this article, we look at the top blockchain game development companies of 2024. We discuss how these companies use blockchain technology to innovate the gaming industry.
Table of content
What is Blockchain Game Development?
Blockchain game development is about creating video games with blockchain technology. This new type of game lets you buy and sell items safely inside the game. Players can truly own their game items and play games without a central system in control.
Using blockchain in games means that every item is unique and secure. Players can collect items that have real-world value, knowing these items can't be copied or lost.
Game developers are now making services for blockchain games. These services are popular because they let players trade items directly. They don't need a middleman.
A big plus of blockchain in games is it records all in-game buys safely. This means transactions are safer. It also lets players use their items and currency in different games.
Best Blockchain Gaming Companies
Below, you will find the best blockchain game development companies, from companies that make trading free, like Immutable, to ones with digital ownership, like Mythical Games and OpenSea.
Immutable
- Founded: in 2018
- Founders: James Ferguson, Robbie Ferguson, and Alex Connolly
- Headquarters: Sydney, Australia
- Net Worth: $3.5 billion
![Best blockchain game development companies](https://betoncrypto.io/app/uploads/2024/04/Immutable.png)
Immutable is leading the way in NFT games. They have a special platform called Immutable X, which lets people trade game items without paying extra fees.
The company developed a digital collectible card game Gods Unchained and role-playing video game Guild of Guardians.
GameStop, the big game store, is working with Immutable. They are making a new place online to buy and sell NFTs. They use Immutable X to do this.
Immutable X is the top choice for game makers who want to use Ethereum. With Immutable X, game makers can create NFT games without paying extra fees. They also get tools that are easy to use, which helps them make new games quickly.
Mythical Games
- Founded: in 2018
- Founders: Cameron Thacker, Chris Downs, Jamie Jackson, Rudy Koch
- Headquarters: Los Angeles, California
- Net Worth: $1.25 billion
![Mythical games blockchain game development company](https://betoncrypto.io/app/uploads/2024/04/Mythical-Games.png)
Mythical Games is a company that mixes traditional video games with new blockchain technology. In June 2021, they got $75 million from investors. This money came mainly from a group called WestCap. It shows that people with money trust Mythical Games' idea to mix gaming with blockchain, like NFTs.
By 2021, Mythical Games had raised $120 million in total. The team at Mythical Games has some big names. They've worked on famous games like Call of Duty and World of Warcraft and think it's important to focus on making great games first.
The company wants to make top-quality games that would let players sell and trade game items, thanks to blockchain.
OpenSea
- Founded: in 2017
- Founders: Devin Finzer and Alex Atallah
- Headquarters: New York
- Net Worth: $13.3 billion
![Opensea blockchain game developer](https://betoncrypto.io/app/uploads/2024/04/OpenSea.png)
OpenSea is a company that makes games where you can earn while you play. It has a website where people can easily find, buy, and sell special in-game NFTs.
Because OpenSea is doing well, people are putting a lot of money into games that use blockchain technology. This money helps make new and exciting games that use this technology, which allows the industry to grow.
Decentraland
- Founded: in 2015
- Founders: Ari Meilich and Esteban Ordano
- Headquarters: Carlsbad
- Net Worth: $1.02 billion
![Decentraland nft gaming companies](https://betoncrypto.io/app/uploads/2024/04/Decentraland.png)
Decentraland is a leading crypto game studio that has made a big impact on blockchain gaming. They created a virtual world where users can own and make money from content and experiences.
An interesting fact about the company is that it sold virtual land through an initial coin offering (ICO), raising $24 million in 2017.
Dapper Labs
- Founded: in 2018
- Founders: Roham Gharegozlou
- Headquarters: Carlsbad
- Net Worth: $7.6 billion
![Dapper labs blockchain game development services](https://betoncrypto.io/app/uploads/2024/04/Dapper-Labs.png)
Dapper Labs blockchain game development company created CryptoKitties or NBA Top Shot. They've pioneered non-fungible tokens for gaming, leading to a broader adoption of blockchain technology in gaming.
Dapper Labs also developed the Flow blockchain. This is a fast and developer-friendly blockchain to support games, apps, and digital assets.
The Sandbox
- Founded: in 2011
- Founders: Adrien Duermaël Arthur Madrid Sébastien Borget
- Headquarters: Hong Kong
- Net Worth: $4 billion
![Sandbox blockchain game development company](https://betoncrypto.io/app/uploads/2024/04/The-Sandbox.png)
The Sandbox is a fun platform based on blockchain technology. It's a place to make and trade your own non-fungible tokens.
The Sandbox works with big-name brands and celebrities. They create exciting events in their online world, a mix of fun and blockchain tech.
How We Selected the Top Gaming Companies
To choose the best NFT gaming companies, we look at what makes them successful and trustworthy.
That’s what we focus on:
- Game companies should also be skilled at using blockchain in new ways and creating smart contracts. They should also be knowledgeable about different blockchain platforms. The aim is to improve games with blockchain to make them safer, more honest, and more fun for players.
- We check the types and quality of games made by the companies. Good games show that the developer is experienced, creative, and skilled. We look at how complex the games are, how they use blockchain, and if people like them.
- Our experts look for developers with experience in blockchain games. Then, we check their client reviews and make sure they have a history of making good games.
- We make sure that companies can create and finish their products well and on time. We also check that they don't spend too much money. We look at how they manage their projects, solve problems, and talk to their customers.
Final Thoughts On NFT Gaming Companies
The best blockchain game development companies like Immutable, Mythical Games, and OpenSea lead the industry.
Immutable allows for trading NFTs without any fees. Mythical Games combines regular gaming with blockchain to create new game economies. OpenSea is a busy place where you can buy, sell, or trade NFTs easily.
Companies like Dapper Labs are important, too. They made NFTs popular with CryptoKitties and NBA Top Shot.
All these companies are leading the way in using blockchain technology in gaming. They make things more secure and let players and game makers earn more.
FAQ About Game Development Companies
What is blockchain game development?
Blockchain game development creates video games using blockchain for secure transactions, real ownership of digital items, and decentralized gaming experiences.
How much is to develop a blockchain game?
The cost is based on the game's complexity, features, and blockchain used. It can range from tens of thousands to millions of dollars.
How long does it take to build a blockchain game?
The development time can vary from a few months to over a year, depending on the game's complexity and scope.
How do blockchain games make money?
Blockchain games earn revenue through various methods. These include selling digital items and charging fees for transactions. They also generate income by operating in-game stores and occasionally selling games or subscriptions.
How does blockchain technology benefit gaming?
Blockchain technology makes it easier for gamers to actually own their digital assets in games, while also making the economy within games more transparent and fair. It also helps prevent fraud and allows for game assets to be used across different games and platforms.