Execs weigh in on the blockchain game ahead.
As Web3 Gaming has shown resilience despite the crypto bear market, experts working in the space predict that next year will be even more of a showcase for the blockchain gaming niche.
Henry Chang, CEO of South Korean game development company Wemade, believes that there will be an increase in blockchain-based games released by 2024. Chang told Cointelegraph that there will be Web3 complex applications in games. Chang said:
“As developers gain experience and confidence, we should see more experimentation and sophisticated use of blockchain elements in in-game mechanics and gameplay, and a wider variety of web3 game genres.”
In addition to the number of games coming out, Chang suggested that more game studios should include Web3 in their portfolio. The executive believes this is due to blockchain's gamification features, which can provide new revenue streams, create new experiences and make community engagement more immersive with token-gated benefits.
Chang suggested that gaming combined with blockchain would return ownership of in-game assets to players, connect the real-world economy to games, and tie games together into a “connected whole.”
Bartos Sugarsek, founder and CEO of G2A Capital Group, the company behind the gaming marketplace G2A, echoed many of Chang's ideas, saying there will be more collaboration between traditional industry players and Web3 startups in 2024.
In the year According to a November 2nd press release, Microsoft has supported Chang's WebMD with Web3 Push. On November 16, Skwarczek's G2A, a traditional game vendor, launched its own non-vulnerable token (NFT) marketplace focused on Web3 games.
At @G2A_Geekverse we believe the Web3 gaming rumor is more than just words.
It represents a paradigm shift towards an era of decentralized, digital ownership and a new gaming experience, empowering players and taking digital ownership to the next level.
The evolution has begun. pic.twitter.com/R61fJ1K1EZ
— G2A Geekverse (@G2A_Geekverse) November 11, 2023
Skwarczek told Cointelegraph that further collaboration will lead to mainstream adoption of the Web3 game. Skwarczek said:
“With improved accessibility and a more user-friendly interface, we can expect more elaborate game designs and more engaging game mechanics, which will appeal to a wider audience.”
The executive believes the integration of NFT for in-game assets and the emergence of a true triple-A-rated Web3 game could be the catalyst to redefine blockchain gaming in the coming year.
Related: NFT sales trend to continue upward, industry experts say
How to add more players to a web3 game
In the year While there are many expectations for 2024, one of blockchain gaming's biggest challenges is tapping into a much broader player base. According to Chang, blockchain technology is too complicated for most game designers and developers. This means that users themselves have a hard time understanding the technology.
Despite these obstacles, Chang believes that making it easier for developers to integrate Web3 elements into their games and making the blockchain components more understandable and native to games can solve the problem. The executive believes that making these things available to your average gamer will allow them to adapt much faster, leading to wider adoption of Web3 in gaming.
Meanwhile, Skwarczek reiterated that there needs to be “an amazing Web3 title” that will standardize blockchain gaming and enhance the overall experience for players. “This is the missing piece of Web3 attention and mass adoption,” added Skwarczek.
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