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Non-Genuine Gamers Threaten Stability and Growth of Web3 Gaming Platforms

by Dan K
Apr 17, 2023 - 12:00 am
in Blockchain
Improbable's logo with 3D virtual world imagery, symbolizing its strategic shift towards the 2024 metaverse.

The Rising Popularity of Web3 Gaming

Blockchain gaming has experienced tremendous growth in the past few years, with the introduction of non-fungible tokens (NFTs) and digital collectibles offering gamers the opportunity to monetize their efforts. The web3 gaming ecosystem, valued at $4.6 billion in 2022, is projected to reach an impressive $65.7 billion by 2027. However, recent research from Footprint Analytics highlights a concerning issue: non-genuine gamers are disrupting the stability of web3 gaming platforms, such as the Era7 metaverse.

The Problem with Non-Genuine Gamers

In their report, “Uncovering Insights and Opportunities through Player Data Analysis in the Blockchain Industry,” Footprint Analytics found that as of March, there were 1.5 million active user addresses related to blockchain gaming. This number includes non-genuine players, who aim to earn crypto and NFT rewards by completing in-game tasks without genuine engagement in the game.

These non-genuine gamers often engage in mass operations, leading to a disruption of the game’s fairness and negatively impacting the user experience for genuine players. The unfair advantage gained by non-genuine gamers undermines competitiveness, causing disappointment and frustration among players, and may eventually lead to a decline in genuine player numbers.

Addressing the Issue: Identifying and Combating Non-Genuine Players

The report from Footprint Analytics outlines potential ways for gaming projects to identify and take action against non-genuine players. Some suggested methods include using graph algorithms, analyzing player behavior, and tracking fund pathways. By implementing these strategies, web3 gaming platforms can maintain a level playing field and ensure the continued growth and sustainability of the industry.

Protecting the Future of Web3 Gaming

As the web3 gaming market continues to expand, addressing the issue of non-genuine gamers is crucial to ensure a fair and enjoyable gaming experience for all players. By proactively identifying and mitigating the disruptive activities of non-genuine gamers, web3 gaming platforms can maintain their stability, competitiveness, and overall value, fostering a sustainable and thriving ecosystem for the future.

Tags: BlockchainGamingMetaverse
Dan K

Dan K

Dan K, the chief editor, is a visionary wordsmith, shaping narratives with finesse. His discerning eye for detail creates literary masterpieces.

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