Opinion
While the games have been in a fixed decrease since the end of the Covid-19s, 2024 have set the industry in particular, with the closure of layoffs and the studio closed until the most prominent studios.
While the costs of unusual development and the innovation crisis seem to be the main guilty behind the collapse, web3 games appeared as a potential solution to return energy to developers – and raised billions of dollars in investment to do so.
However, despite the continued rise in the dependence of encryption, web3 Gaming failed to attract the attention of the prevailing players or solve any of the basic problems of the games. Why? Early Blockchains is designed for financial applications. Game developers were forced to build on Blockchains that were not designed to use or create their own chains that areolated themselves from the Blockchain ecosystem. Either the choice either the player’s experience and excessive threats on the distinctive symbol.
Many developers choose the latter, and choose contact control. Unintentionally, this led to walled gardens that were not different with those that contributed to the collapse of traditional games.
Solve creating more problems
accident condition In the New York Times, it revealed that over the past thirty or forty years, executive officials in the video game industry bet on better graphics to bring players and profits instead of relying on creativity. Development of traditional games is expensive, and regularly exceeds $ 100 million per title. Indie developers often struggle to compete against large publishers who eventually control financing and distribution.
Blockchain seems to be the promising solution for Indie studios, providing them with new ways to raise money and give them control of distribution. However, it ended up creating early web3 game platforms that Blockchain tries to fix. With the high costs of the player and the limited players to the Web3, the Web3 game platforms deepened the trenches to prevent users from moving away. As the development continues, web3 Gaming provided its own problems.
An impossible choice for gaming developers
The technological infrastructure of the 1st ETHEREUM and Solaman class for financing and incompatibility with games requirements. Beyond treatment speed, Layer-2 solutions are not designed to deal with the unique games of games as well.
Game developers – who are attracted to the web3 financing model, ownership promises and user participation, are forced to build on the current Blockchains and play their settlement or launch their own series – which transforms attention and resources away from what they want to do: make games better.
recently: Web3 games investors no longer throw money in “Axie Killers”
While Crypto’s indigenous players may feel that this is a worthy of attention, the main players want attractive experiences. The DAPPRADAR report in January showed that Web3 Gaming has reached 7.3 million unique active portfolios, but when talking to society strangely, approximately 10,000 of these represent the actual games group who are not in games only for farm rewards. This number may be higher but no more than 50,000 to 100,000 at most.
An imbalance with a culture of games
The thing that turns main users to users is not the distinctive non -explosive symbols (NFTS) or decentralized financing, ownership of a significant toys within the assets. The main players spent contracts on Arcade, Nintendo or mobile games. If this is with the real ownership of the assets within the game, then this familiarity is strong enough to create a convincing experience for developers and players.
Although web3 games claim that they revolutionize games, most projects do not listen to actual players. In fact, they end up competing for the same original users. Instead of focusing on an interesting and attractive game, it leads most Web3 games through the technology of encryption and symbol features. Within this bubbleSuccess in Web3 Gaming means taking encryption users from each other instead of bringing new players onchain.
With rare exceptions, the industry lost what is important: making the fun games that people want to play.
This imbalance also extends to gaming developers who want to enter the Web3 to create the experiences of the best player and sustainable revenue models. Game studios understand the potentials of web3 but reluctant to navigate in the complex Crypto systems, which require technical skills to build adequate liquidity protocols and the user’s rules with a smooth playing method simultaneously.
Make the games fun again
As the major studios continue to struggle, web3 has a second chance to make its promise. But this time, we must rethink how games interact. We must focus on creating access to creators and players instead of building new walled gardens. This requires Web3 infrastructure that provides both the developer control and cooperation through the system.
The path forward is clear. We need to restore the economic freedom of the creators and re -control the hands of the players. This means revenue forms that are equivalent to cooperation instead of isolation. More importantly, this means returning to the roots of games – which makes the games enjoyable again.
The future of games is not related to better graphics or symbolic incentives. It comes to creating an industry in which creativity and cooperation can flourish. When developers can focus on making attractive experiences instead of building trenches, everyone wins.
Opinion: Daryl Show, co -founder and CEO, NPC Labs.
This article is intended for general information purposes and does not aim to be and should not be considered legal or investment advice. The opinions, ideas and opinions expressed here are alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
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