TL;DR
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Until now, the Web3 gaming space has been largely dominated by casual play-to-earn game titles.
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… which has resulted in the space getting a pretty bad reputation for being filled with bland, money-grabbing titles.
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Good news is: Animoca Brands CEO Robby Yeung told us to expect just that, in 2024! Why are these kinds of games so important?
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Currently, in Web3 gaming, players often have to buy expensive NFTs to start playing, then play for hours to earn their money back.
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“Buy this game and work your way out of debt” is not a convincing sales pitch.
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“Buy this game because it’s visually appealing, incredibly fun to play, and because you happen to own the in-game digital items you collect” is.
Full story
When the iPhone came out, there was a lot of chatter about gaming.
In short, people stared into their crystal balls and predicted that casual mobile gaming would take over the gaming industry.
It didn’t.
Sure, mobile gaming was an absolute hit (at least in terms of revenue), but it never replaced triple-a console gaming.
This was for the same reason straight-for-television movie making has never replaced blockbuster productions:
We (as consumers) love productions with a big budget!
Until now, the Web3 gaming space has been largely dominated by casual play-to-earn game titles.
… which has resulted in the space getting a pretty bad reputation for being filled with bland, money-grabbing titles.
We have this theory that mass adoption of Web3 will most likely be driven by blockchain decentralized social platforms and video games.
The thing is, both categories are in dire need of compelling platforms and titles.
In the gaming space, that means triple-a console-style games.
Good news is:
Animoca Brands CEO Robby Yeung told us to expect just that, in 2024!
OK, but what’s the difference? Why are these kinds of games so important?
It’s all in the Hips reporting.
At the moment, the selling point of most Web3 games seems to be centered around their blockchain functionality.
Players often have to buy expensive NFTs to start playing, then play for hours to earn their money back.
“Buy this game and work your way out of debt” is not a convincing sales pitch.
“Buy this game because it’s visually appealing, incredibly fun to play, and because you happen to own the in-game digital items you collect” is.
If anyone needs us to play their upcoming triple-a Web3 game titles, slide over to our DMs.
We challenge you.
