40% of crypto game devs are banking on trad gaming in 2024.
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Blockchain gaming has been a hot topic in recent years, with 2023 being touted as a pivotal year for this industry. The potential for crypto gaming is compelling, but the path forward is filled with challenges and opportunities. In its “2023 State of the Industry Report,” released on Dec. 12, the Blockchain Gaming Alliance (BGA) found that 37.8% of respondents believed Web2 studios launching new games in Web3 or applying blockchain elements to existing titles would help push the industry forward in 2024. Blockchain game developers are convinced that 2024 will be the year of adoption growth, with more than half of respondents confident that over 20% of the total $347 billion global gaming industry will leverage blockchain technology in some way within the next year. One of the key issues is interoperability and playability compared to traditional games. Despite these challenges, there are signs of progress. For instance, AAA games are starting to emerge in Web3, and Web3 gaming raised a significant amount of funding in 2022. Another important aspect is the role of tokenomics in the success of a game. It’s suggested that the first big win will likely come from a game that doesn’t feel like a ‘crypto’ game and has sustainable incentives for users. Do you agree that 2024 will be a pivotal year for blockchain gaming? What kind of games do you think will be successful in the blockchain gaming space? submitted by /u/cointelegraph1 |
