For games to penetrate the Indian market, game developers and studios must be innovative and efficient with their resources, navigating between audiences and spreading demographics. For example, regarding the new and popular genre of NFT strategy game among Indians, Banksters, an NFT-based trading game, seeks to enter this market by means of providing accessible gameplay while curating an educational experience to create what is known as "gamification of trading" for all players.
Banksters is about to conclude the second month of its open beta release, which has been a resounding success. The current release has multiple ongoing campaigns to help with their efforts in this region. With over 4000 registrations in March, Banksters is undoubtedly one to watch in the NFT gaming market space - with community expectations continuing to soar beyond belief.
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Creating the Perfect In-game Strategy
So what is Banksters about, and how much strategy is involved?
The Banksters team looks to combine gaming excitement with the trading sector's commercial savviness, a mix of two important dynamics. First, players take on the role of a 'Bankster', which are NFT Avatars unique to each player. NFT avatars are attributed to a certain class hierarchy, and this hierarchy determines the sets of abilities the NFT owner receives. Abilities can be used within the game to affect performance, which suggests that the higher the NFT class, the better the sets of abilities and consequent visible impact on the game. The model is somewhat similar to abilities in strategy games that boost or modify your attack or defence. Banksters employ a similar concept, wherein an in-game ability like "Elon's Tweet" can boost the performance of the coin you have selected to perform.
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From the trading point of view, Banksters has set itself apart from other similar games. Due to the blockchain integration, the game can be fully expressed as "gamification of trading", as the Banksters team has referenced it. They aim to build on the growing trends of games that are "play to earn" or "run to earn". This gamification of trading is an extension of the "play to earn" side, which is still one of the main genres of the game. According to a recent report by MarketWatch , the Play-to-Earn NFT games market size is expected to increase by 18% within the next four years, indicating the vast growth potential for this sector, and one that can be leveraged when looking at where masters in strategy lay most often than not, India.
Market Focus: India
What sets Banksters apart from other NFT games is its focus on strategy, it is not your typical “hack n slash” campaign where the better avatar bulls through every competition. Players must carefully analyse market trends and make smart investment decisions to succeed.
India is a vast market for play-to-earn NFT games, and Banksters is well-positioned to thrive in this region. According to a recent report by Livemint, the Indian gaming industry is expected to reach a value of $2.8 billion by 2022, driven by factors such as increasing smartphone penetration, rising disposable incomes, and a growing interest in online gaming. In addition, the accessibility of games available on mobile devices is hugely important in the region, which in Banksters' case, has been covered due to their recent launch on the Google Play store.
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Additionally, the report suggests that the play-to-earn model, which allows players to earn cryptocurrency and other rewards by playing games, is gaining popularity in India due to the factors above.
The game offers a unique and engaging NFT trading experience that could appeal to Indian gamers looking to earn cryptocurrency and other rewards through online gaming.
Banksters is poised to be the next big thing in the world of NFTs and trading games. With its innovative gameplay, focus on strategy, and commitment to reshaping the trading world, it's a game that's sure to appeal to both hardcore traders and casual gamers alike. Tapping into India is no easy feat - but once a game can establish a solid foothold in the market, there is a loyal network of gamers to grow with that will position them for success.
