How Much Does it Cost to Develop a Monopoly Board Game?

The Monopoly board game was introduced by the Parke Brothers in 1935 and Hasbro acquired Parker Brothers in 1991 and renamed it as Classic Monopoly Board game that is loved all across the world and counted as the most popular game to ever exist. The latest tech stack and trends have made it more demanded. 

Are you interested in monopoly board game development? and looking for the cost to develop a monopoly board game, then this article is for you. Here we will discuss each aspect of the monopoly game. The monopoly game has become the first choice for entrepreneurs to invest in it and it has become a fruitful business to make money due to having a huge user base. You can also hire a board game development company to build your own monopoly board game. 

 

 

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What is a Monopoly Board Game?

 

Monopoly is a real-estate-based board game that can be played by two to eight players at a time. In this game, the player's aim is to remain financially strong and force other players into bankruptcy by buying and developing pieces of property. Monopoly board games gained popularity in the USA during the great depression. It is counted as the best-selling privately patented board game. 

In this game, a square board is divided into 10 small rectangles that represent specific properties, utilities, railroads, and many other places and events. When the game starts, each player gets a fixed amount of money to play the game. Players move on board by rolling the dice. If a player lands on an unowned property may buy it, but, if he lands on a property that is owned by another player, then you have to pay rent for this. Certain nonproperty squares require the players to land on them to draw a card that may be favorable or not favorable. If a player gets a monopoly that belongs to a particular group of properties, that player may buy properties for improvements. A player moves on board until he is bankrupt. Bankruptcy leads you to elimination from the game. In this, the last player who stays on the board will win the game. 

 

Popular Variants of Online Monopoly Board Game

 

This game is not as simple as it looks and when expert players play this game, then it goes on for a long time. It is turn-based and requires a lot of planning and critical thinking to win the game. Always make sure that you do not go bankrupt before your opponents. 

 

There are more than 300 different variants of online monopoly board games and it is linked with popular franchises such as Pokemon, Game of Thrones, and Star Wars. According to each franchise, there is a specific variant. Here is the list of the popular board game:

• Classic Monopoly
• Indian Monopoly
• Monopoly Millionaire
• Star Wars Edition Monopoly
• Game of Thrones Edition Monopoly
• US Monopoly
• Disney Edition Monopoly and many more

 

 

Features of Online Monopoly Board Game

 

The online monopoly board game offers you numerous advanced features to enhance the user experience. These features help players to take more interest in the game and take the popular board game to a new height. Here are the features of the monopoly board game 

 

• User-friendly UI
• RNG (Random Number Generators) system
• Safe and secure payment gateway
• Multi Language support
• Different game variations
• Refer and earn
• 24*7 customer support
• Live chat
• Multi-currency support
  
  

Benefits of Monopoly Board Game Development

 

There are many benefits of online monopoly board game development, here are the benefits you can avail if you are going to develop an online monopoly board game. 

 

• Established User Base

 

This traditional board game already has a huge fan base and you can take advantage of it. Various enchanting features can help you to attract users to your game platform and you can easily generate a huge sum from it. Features like referral rewards and many variations help you to increase your user base and the revenues of the business. 

 

• High ROI

 

The online monopoly board game is already popular all over the globe with and huge fanbase and numerous monetization strategies, this board game can be the right option for a business. This turn-based board game has the potential to make huge revenue and provide a high ROI.

 

• Low Cost

 

Developing and launching an online board game requires less capital than mass-producing a board game. Online board games have a low infrastructural cost which makes board games seamless and fast. You can also take advantage of a simple business model which helps in implementing a monetization plan effectively. 

• Multiple Monetization Strategies

The most beneficial thing about an online board game like monopoly is the numerous monetization strategies. You can opt for the best monetization strategies to generate revenue from a monopoly board game. Here are some of the best strategies that are used in a board game:

• In-app advertisements
• In-game purchases
• Brand Promotion

Read More - How Much Does it Cost to Develop Board Games?

Cost of Monopoly Board Game Development

If you are planning to develop a monopoly board game, and want to know the monopoly board game development cost. Then, there is no fixed budget for it. The cost of development is determined by the features and functionalities of the game. There are also many other factors like game app size, features, complexities of functions, tech stack, the experience of developers, and many more that decide the cost of monopoly board game development. 

The location of developers also makes an impact on the game development cost.

• India-based Developers: $20-$50 per hour
• Australia-based Developers: $50-$120 per hour
• UK-based Developers: $70-$150 per hour
• USA-based Developers: $100-$200 per hour

The above-given cost is not fixed because the experience of the developers affects these costs. The duration of the monopoly game development process can last for 2 to 3 months. 

Basically, monopoly game development costs for a native platform with basic features and functionalities will cost you $20,000 to $40,000. And when you are opting for a cross-platform app with advanced functionalities, the cost will go up to $50,000.

Final Word

After reading this article, you can know all about the monopoly board game and its development cost. With time as technology is evolving, then its user base is also increasing day by day. You can also churn this opportunity to make money by developing your own monopoly board game and for that, you can take the help of the board game app development company.