As Web3 gaming continues to thrive, even amidst a challenging crypto bear market, experts in the field are gearing up for an eventful year ahead in the blockchain gaming domain.
A New Wave of Blockchain-Based Games
Henry Chang, CEO of South Korea’s Wemade, foresees a significant rise in blockchain-based game releases in 2024. He emphasizes the growing sophistication in the application of Web3 elements within gaming platforms. Chang states:
“As developers become more experienced and confident, expect to see not just more games, but more intricate and creative uses of blockchain in game mechanics and gameplay across various genres.”
Furthermore, Chang anticipates an increase in gaming studios incorporating Web3 elements, attributing this trend to the unique benefits blockchain gaming offers, such as new revenue streams, enhanced player experiences, and immersive community engagement.
Bridging Traditional and Web3 Gaming
Echoing Chang’s insights, Bartosz Skwarczek, founder and CEO of G2A Capital Group, anticipates a surge in collaborations between established gaming companies and Web3 startups. Skwarczek highlights the potential for more engaging game designs and broader audience appeal through these partnerships.
Microsoft and G2A Embrace Web3
Notably, Microsoft has shown support for Chang’s Web3 initiatives at Wemade. In parallel, Skwarczek’s G2A, traditionally a game vendor, has ventured into the Web3 realm with a dedicated NFT marketplace for Web3 games.
Overcoming Challenges and Setting New Standards
While optimism abounds for 2024, the industry faces the challenge of broadening the player base for blockchain games. Chang acknowledges the complexity of blockchain for many game designers and players but believes that simplifying the integration of Web3 elements and making blockchain aspects more intuitive can address this.
Skwarczek underscores the need for a groundbreaking Web3 title to redefine blockchain gaming and foster mass adoption, a sentiment shared widely within the industry.
