This is a guest post by G4AL.
Jason has been a gamer his whole life. From Minecraft to now Elden Rings, he’s done it all. Jason is now 23 years old and has been playing videos since he was 13. He loves games. Now that he’s discovered his Axie Infinity, you can make money with it too!Pretty cool, right?
We all frowned at that last word.
No need to read any further, but we all know what’s wrong here. A lot of money is being put into the future of so-called Web3 games.Just last year, Immutable also $500 million venture fund For Web3 games, you can see millions of dollars spent behind them. But he has one big problem. Gamers hate it. they are not interested.
Recent Investigation 89% of “regular” gamers floating around the internet say they are aware of cryptocurrencies and bitcoins, and 51% are aware of NFTs.Not surprisingly, among all surveyed participants, about 12% I tried playing a web3 game. I tried, but unfortunately it ended there.
why is that? Let’s take a closer look.
One of the main reasons gamers shy away from Web3 games is initial costs, concerns about fraud, and unfamiliarity with how Web3 games work. One of the most famous examples (yes, I guess he likes to criticize big name publishers) is Ubisoft.A Multi-Million Dollar Company And His Attempts To Power Up His NFTs In-Game Failed Misfortune When At Scale backlash from that player. Hours and hours honed for something no one cared about. But at least the gameplay was good? One of the major issues in his Web3 gaming industry today is the quality of games that are directly related to gamer dissatisfaction. From Axie Infinity to The Sandbox, it’s nearly impossible to find a console-quality gaming experience that everyone is familiar with.
“The gaming industry we love has seen the first wave out of Web3, the first leap into the possibilities of Web3 games. It’s time to redefine our business model to help set industry standards in the G4AL Also elemental raider But as a Web3 pioneer, it’s important to continue educating actors about the possibilities and capabilities that the technology offers. Layer 1 blockchain and Web3 blockchain expert at G4AL, a game development studio.
Do NFTs have potential in the near future?
The survey, though small, highlights a path out of NFT and Web3 hatred. For crypto and NFTs to become part of the gaming industry, did the first foray into this new gaming paradigm turn out to be a fiasco?
There are several emerging Web3 game studios with established and proven Web2 backgrounds, such as Manel Sort and his G4AL, building on an ambitious vision for a truly playable, fun and evolving Web3 gaming experience. I’m trying to develop a block.
“During our time at Digital Chocolate, King Studios, and Electronic Arts, we tested several performance marketing models and studies to try to understand the consumer psychology of gamers. We are trying to adapt to the Web3 by creating games like Elemental Raiders that are meant to take everything in and focus on the needs of gamers-earn,” said G4AL Blockchain, the game development studio, and the future. said Manel Sort, CEO and co-founder of the game Elemental Raiders.
The question is whether the Web3 gaming market will adapt to the existing needs of gamers and make them better off with solutions like NFTs with in-game utilities, or force gamers to move from Web2 to Web3. about it. At this point, data from Coda Labs suggests it will struggle to become anything but a niche segment of the gaming market.