Full Chain Game Depth Research Report: With encryption native as the core, is it a bubble or a revolution?

This article aims to deeply explore the current development status, advantages, and challenges of fully on-chain games. Fully on-chain games put all game logic, data, and assets on the chain to achieve true decentralization. Compared to traditional games and asset on-chain games, fully on-chain games have higher transparency and openness.

The blockchain gaming industry is currently still in its early stages, with a limited number of projects mainly focused on strategy games. Representative projects include Dark Forest, Loot Survivor, and others. Industry infrastructure such as MUD and Dojo game engines is rapidly developing.

The main advantages of blockchain games are: 1) from PGR to UGR, allowing players to participate in the creation of game rules; 2) fairness and transparency, experiencing a game environment that is not manipulated. However, it also faces many challenges, such as poor user experience, limited game types, and unclear real demand.

The business model of on-chain games is still being explored, with possible directions including NFT + Token fees, subscription payments, and commissions. The key to future development lies in how to enhance playability and address users' real needs. Although it is still in the proof-of-concept stage, on-chain games have brought new possibilities to the gaming industry, warranting continued attention.