Fortnite developer backs Animoca affiliate blockchain racing game

Australian indie game developer Grease Monkey Games, a subsidiary of Animoca Brands, has received financial backing from video game giant Epic Games to develop a new blockchain-based motorsports game, Torque Drift 2.

Admission a An epic mega grant The funding from Fortnite developers will go towards the development of the motorsport title based on drift. Unreal Engine is a 3D computer graphics game engine developed by Epic Games that has been used in many industries since it was first introduced in the 1998 game Unreal.

According to an announcement from Animoca Brands on Thursday, the Epic MegaGrant, which ranges from $5,000 to $500,000, will be used to create realistic gameplay experiences similar to other AAA games that also use the Unreal Engine.

While Grease Monkey Games is developing the game game-earned (P2E), Epic Games’ award is a great demonstration of support for the traditional gaming industry, which is often opposed to blockchain games.

Torque Drift 2 is an upcoming drift motorsports game with a tuning garage that will be available to players in the third quarter of 2022, with a full release date set for 2024. The game will use parts, vehicles, decals and items that will not be tokens. fungibles (NFTs). ) which players can use to create their vehicle and profile.

Players will also be able to create their own car paint and tuning NFTs that can be shared and sold on the Torque Drift 2 marketplace.

Grease Monkey Games is a traditional game developer publishing original IP games since 2014 with 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 often buy in-game items with real money but are not allowed to get that money back, the inclusion of blockchain-verifiable NFTs in games is seen as a way to secure digital ownership of game content. As such, it allows players to sell items when they are done with the game or want to exchange their items for new ones.

This type of model is often referred to as P2E (game-to-play), where players are rewarded with economic value for participating in the ecosystem.

Many critics of P2E games, such as Udi Wertheimer, point out that these games require wallet and cryptocurrency purchases before players can start playing and are not as fun as traditional games.

“Hey, what are you doing tonight?! Let’s play a new cryptocurrency game together!”

No one said that

Why Crypto Games Aren’t Fun

And also there is no

— udiverse (@udiWertheimer) August 2, 2022

Other critics, such as Minecraft developer Mojang Studios, point to the introduction of NFTs in games as a tool for speculative pricing that promotes profitability at the expense of the game.

Animoca Brands, on the other hand, has been a prolific investor in blockchain-backed games, with a portfolio that includes The Sandbox, Axie Infinity, and Phantom Galaxies. Yat Sui, co-founder and CEO of Animoca Brands, is a strong advocate of digital property rights and believes this represents a paradigm shift towards a more decentralized society.

10/ “Freedom and property rights are inseparable. You can’t have one without the other. ” ~ George Washington

To enjoy true digital freedoms, we must have #truedigitalproperty rights and sovereignty over our data, we must choose open over closed. https://t.co/hPJjk4zVUL

— Yat Siu (@ysiu) July 21, 2022

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