tl;dr
The web3 gaming sector has grappled with challenges such as sustaining player engagement, funding models, and competition from AI-driven dApps. Industry leaders highlight the need for a mindset shift, focusing on the game itself rather than blockchain technology. Onboarding obstacles, poor user expe...
The web3 gaming sector has faced challenges such as sustaining player engagement, funding models, and competition from AI-driven dApps. Industry leaders stress the need for a mindset shift, prioritizing the game itself over blockchain technology.
According to a 2024 Blockchain Game Alliance report, onboarding and poor user experience remained top challenges in blockchain gaming, as cited by 53.9% of respondents. Sam Patton, COO of Drift Zone, emphasized the need to prioritize fun over blockchain benefits.
Compared to traditional gaming, the decentralized nature of Web3 requires users to interact with various elements, posing barriers for mainstream gamers. A BGA report identified onboarding and ease of use as crucial factors for the industry's growth, reflecting increased importance compared to previous years.
AI-driven dApps accounted for 28% of industry activity in the third quarter of 2024, surpassing blockchain gaming's 25% share. However, industry experts view AI as a tool to enhance blockchain gaming experiences, particularly in countering onboarding obstacles.
The decline in traditional gaming investments calls for a strategic approach and alternative funding sources to build sustainable revenue models, emphasizing the need for clear paths to revenue generation at launch.