Are NFT Strategy Games Taking Over the Indian Market?
The Indian Market is being taken over by unique NFT strategy games to grow in 2023
To break into the Indian market, game developers and studios must be creative and resourceful in their use of resources, navigating between audiences and demographics. Banksters, an NFT-based trading game, for example, seeks to enter the new and popular genre of NFT strategy game among Indians by providing accessible gameplay while curating an educational experience to create what is known as “gamification of trading” for all players.
Banksters are nearing the end of the second month of its open beta release, which has been a huge success. The current release has several ongoing campaigns to aid in their efforts in this area. Banksters is undoubtedly one to watch in the NFT gaming market space, with over 4000 registrations in March – and community expectations continue to soar beyond belief. The Banksters team aims to combine gaming excitement with the commercial savvy of the trading sector, a combination of two important dynamics. To begin, players assume the role of a ‘Bankster,’ which are NFT Avatars that is unique to each player.
NFT avatars are assigned to a class hierarchy, which determines the sets of abilities that the NFT owner receives. Abilities can be used to affect performance within the game, implying that the higher the NFT class, the better the sets of abilities and consequent visible impact on the game. The model is similar to abilities in strategy games that increase or change your attack or defense. Banksters use a similar concept, in which an in-game ability such as “Elon’s Tweet” can improve the performance of the coin you’ve chosen to perform. Banksters has distinguished itself from other similar games in terms of trading. Because of the blockchain integration, the game can truly be described as the “gamification of trading,” as the Banksters team has done.
They intend to capitalize on the growing trend of “play to earn” or “run to earn” games. This gamification of trading is an extension of the game’s “play to earn” aspect, which remains one
of the game’s main genres. According to a recent MarketWatch report, the Play-to-Earn NFT games market size is expected to grow by 18% over the next four years, indicating the vast growth potential for this sector, which can be leveraged when looking at where masters in strategy are most often found, India. What distinguishes Banksters from other NFT games is its emphasis on strategy; this is not your typical “hack and slash” campaign in which the better avatar bulldozes through every competition. To succeed, players must carefully analyze market trends and make sound investment decisions.
Banksters are well-positioned to thrive in India’s vast market for play-to-earn NFT games. According to a recent Livemint report, the Indian gaming industry is expected to reach $2.8 billion by 2022, driven by factors such as rising smartphone penetration, rising disposable incomes, and increased interest in online gaming. Furthermore, the accessibility of games available on mobile devices is critical in the region, which Banksters has covered due to their recent launch on the Google Play store. Furthermore, the report indicates that the play-to-earn model, which allows players to earn cryptocurrency and other rewards by playing games, is gaining popularity in India as a result of the aforementioned factors.
The game provides a unique and engaging NFT trading experience that may appeal to Indian gamers interested in earning cryptocurrency and other rewards through online gaming. Banksters are the next big thing in the world of NFTs and trading games. It’s a game that’s
sure to appeal to both hardcore traders and casual gamers, thanks to its innovative gameplay, emphasis on strategy, and commitment to reshaping the trading world. Tapping into India is a difficult task, but once a game has established a solid foothold in the market, there is a loyal network of gamers to grow with, positioning them for success.