Analysis of the Gaming Industry

The traditional gaming industry has long been criticized for its centralized control over game development, distribution, and monetization. This has led to a disconnect between player desires and the actual gaming experience, resulting in lower-quality games and a heavy focus on monetization.

Centralized control limits players' ability to shape their games and hampers their opportunities to earn money from their gameplay. This imbalance of power and equity is not unique to gaming but reflects larger systems of governance and power in the real world.

One major issue is the economic model that captures money from players without providing avenues to receive real-world value in return. Purchasing in-game items, such as cosmetic skins or loot boxes, essentially stores players' money within the game without offering tangible benefits outside the game environment.

To illustrate this problem, imagine investing significant time and money in a popular FPS game, achieving high levels, unlocking rare items, and accumulating in-game value. However, this value cannot be redeemed or transferred outside the game, leaving players with no tangible benefits or opportunities to monetize their achievements.

Existing economic systems within traditional games prioritize the interests of developers and studios over the players. Players are trapped in a pay-to-play model that limits their autonomy and potential returns by locking in-game purchases within closed systems.

VEMP Studios aims to address these issues by creating an ecosystem that empowers players, fosters interoperability, and allows for the seamless transfer and monetization of in-game assets. Players should have more control over their gaming experiences and the ability to derive real-world value from their gameplay.

Through our blockchain-based solutions, we seek to reshape the gaming industry, providing a more equitable and rewarding gaming experience for players worldwide.