Australian independent game developer Grease Monkey Games, a subsidiary of Animoca Brands, has received financial support from video game giant Epic Games to develop a new blockchain-based motorsports game, Torque Drift 2.
Receiving an epic MegaGrant from the developers of Fortnite, the funding will be used to develop the motorsports title, which is based on drifting. Unreal Engine is a 3D computer graphics game engine developed by Epic Games, which has been used in many industries after it was first introduced in the 1998 game Unreal.
According to an August 18 ad From Animoca Brands, the Epic MegaGrant, which ranges from $5,000 to $500,000, will be used to develop a realistic gaming experience that is on par with other triple-A games that also use the Unreal Engine.
Considering that Grease Monkey Games is developing a play-to-win (P2E) game, Epic Games’ grant represents a remarkable show of support from the traditional gaming sector, something that has often been at odds with network games. of blocks.
Torque Drift 2 is an upcoming drifting motorsport game with a tuning garage available to players starting in Q3 2022 and a full release date set for 2024. The game will use parts, cars, decals, and token items non-expendable (NFT) that players can use to build their car and profile.
Players will also be able to create their own paint job and tune up NFT car, which can then be shared and sold on the Torque Drift 2 marketplace.
Grease Monkey Games is a traditional game developer that has been publishing original IP games since 2014, which have over 45 million global downloads. They were acquired by Animoca Brands in February 2022 and Animoca will support them in their transition to blockchain gaming.
Unlike traditional games where players typically purchase in-game items with real money but are then prevented from withdrawing that money, incorporating verifiable blockchain NFTs into games is seen as a way to provide digital ownership over content. of the game. As such, it allows players to sell items when they are done playing or want to exchange their items for new ones.
This type of model is often referred to as P2E, in which players are rewarded with an economic value for participating in the ecosystem.
Related: NFT games have an edge over ‘money in, not money out’ games – Polygon’s Urvit Goel
Many critics of P2E games like Udi Wertheimer point out that these games require wallets and cryptocurrency purchases before players can start playing, and are not as fun as traditional games.
“Ayyy, what are you doing tonight? Let’s play the new cryptocurrency game together!”
nobody ever said
because crypto games are not fun
and they don’t exist either
– udiverse (@udiWertheimer) August 2, 2022
Other critics, such as Minecraft developer Mojang Studios, have pointed to the implementation of NFTs within games as a tool for speculative pricing, furthering speculation about the game’s gameplay.
Animoca Brands, on the other hand, has been a prolific investor in blockchain-enabled games, with a briefcase which includes The Sandbox, Axie Infinity and Phantom Galaxies. The co-founder and CEO of Animoca Brands Yat Sui is a great proponent of digital property rights and believes that it represents a paradigm shift towards a more decentralized society.
10/ “Liberty and property rights are inseparable. You can’t have one without the other.” ~ George Washington
— Yat Siu (@ysiu) July 21, 2022