The majority of computer game players have no opinion on the fact that the Web is 3.0 and still enjoy classic video games.
For years, playing video games was rudimentary. It is enough to plug in a computer or console, load your game of choice, and enjoy. Recently, however, the glossary of computer games has moved on to new definitions such as Web3 Games, Play-to-Earn, GameFi, and NFT. They have made gaming more engaging, which is important, but also more complex.
Users of blockchain games have every opportunity to own in-game assets, receive commissions in virtual currency, and participate in a decentralized gaming economy. Unlike regular server-based games, there is no single point of failure. In addition, products, offers, and traded assets can be bought and sold in a decentralized secondary market.
In a nutshell, it all sounds pretty great. However, the Coda Labs sample of nearly 7,000 PC gamers shows that not everyone is excited about Web3 gaming. to be included in the Global Web3 Gamer Study, respondents probably play video games at least twice a month and use virtual currency to needed to perform at least one action. For example, buying or selling non-trading tokens (NFTs).
According to the data obtained, the middle segment of PC gamers is not familiar with Web3 gaming terminology. While 12% of respondents have tried blockchain gaming, only 15% of the remainder indicated that they are interested in it.
The main drawback mentioned by the majority of respondents is the complexity of the Web3 world. For example, only 6% of computer players have used cryptocurrency wallets or used NFTs.
Web3 Should Freeze Openers
According to W3E team boss Damian Bartlett, the biggest barrier for players is the closed world of Web3.
“The transition from Web2 to Web3 was not a spontaneous conclusion for me. I have been an admirer of blockchain gaming for several months now, but at first I was puzzled. Today there are many fascinating Web3 games for computer game players to enjoy, but it is even more confusing when a newbie is faced with wallets, sido statements, and the definitions of all of these.
The key to becoming industry is to improve the first-time user experience (FTUE). It determines whether someone continues to perform or not. Currently, Web3 games are facing serious problems in this area.
Furthermore, the values of the creators of blockchain games do not always match those of the general public. Regular PC gamers may worry about security and the possibility of owning in-game assets.
Video game fans fear the need to deal with purses, locked keys, and sid-phrases. they want the opportunity to connect with someone when they have their own personal stuff.
Focus on the play, not the revenue.
Insiders and players agree that almost all studios are focused on the wrong things. This is the opinion of Paul Baines, CEO of Bluzelle, who previously worked for Threewave Software and Disney Interactive Studios.
I think the majority of Web3 games are fundamentally uninteresting,” he said. It was the same with the free-to-play mobile games. Console players did until they found something fun and interesting. Fans will happily play all the games. Effort to play a good game. But for them there is still nothing interesting on Web3,” he says.
Alexey Krevets, co-founder and CEO of Walken, said io needs a stable format for society where gameplay is paramount and cryptocurrency revenues are seen as an added value.
People play Web3 games for their own benefit, not for their own enjoyment.”
Blockchain Gaming Needs a New Model
Blockchain game developers must first and foremost move away from “ponginomics” in order to become a part of this trend. The model where early adopters profit from the investments of new members is very unsustainable and requires a strong demand for continued growth, which is very difficult to sustain.
The next generation of Web3 games will bring a much more resilient economy.” It will probably be a combination of Web2 and Web3,” says Alexei. It will no longer be called play-to-earn. Rather, it is called play-to-own, play-to-create, which is basically much closer to the essence of Web3.
Still, leading traders and funds remain positive about the upcoming blockchain game, with a September DappRadar report showing that they invested about $748 million in the industry in August alone.
It’s time to change the term NFT to something more descriptive.
Over the past few months, we have seen the industry seamlessly re-launch the concept of NFTs. The term “unchangeable tokens” has gradually been replaced by the term “digital collections,” a term that most PC gamers can understand.
Perhaps the most notable incident was the launch of NFTs on Reddit in June. Thanks to the platform’s departure from traditional terminology, nearly 3 million users operated tokens in just a few months. This is more than Opensea, the largest NFT marketplace.
Judging by Reddit’s luck, a stealthy move to Web3 could become a dependable method of group adoption for blockchain games. Paul tends to agree:.
‘Let’s face it, NFT is a scary title. Why use jargon? We don’t call a train a locomotive. We talk about “let’s get on the train. Could not read all totals. Please try again. Again…
Web3 has the opportunity to repeat the triumph of mobile gaming.
Web3 games are currently experiencing what the mobile gaming industry experienced over a decade ago. At the time, many PC game players were frustrated by advertising and lack of access to quality storylines.
Free-to-play used to be an unusual business model that players avoided. But it is a very successful model for mobile gaming,” explains Marja Konttinen, Director of Marketing at the Decentraland Foundation.
By 2021, the mobile gaming industry will account for nearly 57% of all major video game revenues, more than console and PC games combined. But to repeat that victory, the largest game studios will need to ensure that the Web3 model is viable.
It’s time for the pioneers to draw new conclusions and learn how to decentralize control over game design by paying attention to associations, just as Roblox did. Instead of putting a basic graphics layer on top, I think we are about to unlock the true potential of blockchain games. It’s about the money model,” says Maja. You can’t load all the totals. Repeated retries…