NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30

Future of Gaming is Here – NAGA VIRTUAL

NewsBTC
NewsBTC
7 years ago
4 mins read
naga virtual

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Have you been keeping track of the amazing success of Fortnite recently? At NAGA VIRTUAL, we certainly have. Fortnite is on everyone’s lips nowadays because of its amazing success. According to the digital games sales tracker Superdata, the game generated a whopping $296 million in April 2018. That’s crazy! Epic keeps the user experience from getting stale by constantly adding new content, items, features, modes and unique timed events. Players have to keep coming back to get the latest gear and to try their hand at new challenges.

It seems that people love spending money to personalize their characters. For instance, a miniskirt for PlayerUnknown’s Battlegrounds recently fetched over $400 on the Steam Marketplace. Now, having witnessed Epic Games tremendous success, we’re left wondering — why haven’t more publishers taken their approach?

There’s no denying the monumental shift happening in the interactive entertainments industry today. We have entered an era where publishers have to continue engaging their players long after a game has been launched on the market. Gone are the days of “fire and forget” where studios would build a game, have the publisher throw it into the market as packaged goods, and then jump onto the next project.

Entertaining people is insanely expensive nowadays, at least if you want to play in the big leagues. Knowing this, publishers have increasingly focused on one of the most important metrics, Customer Lifetime Value (CLV). Selling a copy of a game just simply isn’t enough anymore.

By engaging players for a longer period of time, we know that they are more likely to spend more money.

In order to engage their customers, the publisher has to continuously release new, fresh content. That’s the equation everyone is following. According to the findings of Digital Console: Additional Content in Today’s Market from Superdata: most single player games have a gameplay timeframe between 10-to-40 hours within their single-player mode. It is not hard to see why over 1/3 of console players believe that publishers should release content every 3-to-6 months. Over 1/4 of them believe additional content should be released at least once a month.

If you’re a business developer or in any other role where your contributions are being measured against the CLV, then you need to act. Allowing players to buy, sell and/or trade in-game items can help you move the needle on this metric

“Publishers are potentially leaving hundreds of thousands of dollars, or even millions on the table,” says André Rupp, Director of Business Development at NAGA VIRTUAL.

Some publishers have been selling in-game items for a long time. It’s not new. However, a significant number of publishers have yet to offer their customers this option. And where there isn’t an official option, players resort to grey and black markets.

Unfortunately, every time a player decides to buy or sell something on a grey or black market, he or she is at the risk of being scammed. Imagine playing your favorite game for hours and hours. Finally, you manage to grab hold of a very rare item, jumping up from your chair in joy! You go out on the Internet to find a buyer, probably on a shady forum. It all ends up with you losing both your item and money. In the UK, Action Fraud says it has received 35 reports of Fortnite related fraud between April 2017 and March 2018. The losses totaled an incredible £5,119, which works out at an average of £146 per victim.

“I’ve been scammed big-time, losing a rather large chunk of money. It was embarrassing but got me thinking about why there weren’t any safe alternatives for players like us,” adds André.

It shouldn’t be like this. The experience with buying, selling or trading in-game items should be great, benefiting both players and publishers. NAGA VIRTUAL recognized this problem and saw an opportunity to create the world’s first safe, fair and legal marketplace.

NAGA VIRTUAL allows medium-sized and large mobile, console and PC games publishers to quickly and easily set up their own virtual goods marketplace. We provide a scalable end-to-end solution that integrates into the most common technologies such as Unreal and Unity, to name a few. Setting up a marketplace with NAGA VIRTUAL gives you full control over it, enabling you to monetize player-to-play transaction from day one.

The alternative would be to develop and maintain your own software as well as setting up processes and all of the other organization involved in such an undertaking. This could be a rather expensive endeavor, eating away at the benefits. By working with NAGA VIRTUAL, you have access to an experienced team dedicated to your success from day one.

So should everyone jump onboard and get their own virtual goods marketplace?

“It depends on the type of game you have built, your business model, which metrics you feel are important to drive as well as your customers’ attitudes and behaviors. What I like with NAGA VIRTUAL is that players make money selling their items,” says Vincent Vukovic, who previously worked as a Global Community Manager on the Battlefield franchise.

In today’s market, some publishers only sell cosmetic items while others sell items that provide players with a competitive advantage. These are just some of the pros and cons that you’ll have to evaluate when it comes to in-game items, but the most important point is that NAGA VIRTUAL is here to help you. If you’re currently in the process of evaluating the next steps on how to implement this approach for yourself, reach out and let us know.

The NAGA VIRTUAL team is more than happy and able to help you explore how together we can put these various perspectives into practice.

 

Tweet123Share196ShareSend
NewsBTC
NewsBTC

NewsBTC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Why Analysts Are Calling SpacePay a Must-Watch Altcoin in 2025, Presale Ongoing

Why Analysts Are Calling SpacePay a Must-Watch Altcoin in 2025, Presale Ongoing

Crypto payments have been stuck in a weird place for years now. Most shops still can’t accept Bitcoin or Ethereum...

ericdunne519 6 days ago
PEPENODE Brings Gamified Utility to Meme Coins—Is This the Next DOGE-Like Surge

PEPENODE Brings Gamified Utility to Meme Coins—Is This the Next DOGE-Like Surge?

DOGE may have started out as a joke, but it rewrote the rules of what a meme coin could be....

ericdunne519 6 days ago

CoinPoker推出《創作者聯盟》: 撲克界最具突破力的聲音攜手出擊

重磅消息即將揭曉!三位備受矚目的撲克內容創作者——Ryan Depaulo、Frankie C 與 Corey Eyring,攜手 CoinPoker 組成《Creator Squad 創作者聯盟》。...

newsbtc 4 days ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

How PEPENODE Makes Presale Participation Actually Fun - Best Crypto ICO to Buy Now

How PEPENODE Makes Presale Participation Actually Fun – Best Crypto ICO to Buy Now?

ericdunne519 1 day ago

PepeNode打破傳統預售的創新「挖礦式迷因幣」

kamany 3 days ago
Best Crypto Presale Right Now? PEPENODE Could Be the Meme Coin to Explode

Best Crypto Presale Right Now? PEPENODE Could Be the Meme Coin to Explode

ericdunne519 3 days ago

Premium Sponsors

Press Releases

  • LinkLogis Partners with XRP Ledger: DOT Miners Create Up to...

    3 hours ago
  • Arthur Hayes 3 altcoint fedez fel 100-szorosra 2028-ra

    Arthur Hayes 3 altcoint fedez fel 100-szorosra 2028-ra

    4 hours ago
  • Następny Meme Coin 100x w przedsprzedaży? PEPENODE może przyćmić Pepe w 2025 roku

    Następny Meme Coin 100x w przedsprzedaży? PEPENODE może...

    5 hours ago
  • Arthur Hayes odhaluje 3 altcoiny na 100× do roku 2028

    5 hours ago
  • Предварителна продажба на следващия 100× мемкойн? PEPENODE може да засенчи Pepe през 2025 г.

    Предварителна продажба на...

    5 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.