Future of Web3 Gaming: Insights from Immutable (IMX)’s Robbie Ferguson

The
gaming
industry
is
at
a
pivotal
moment,
with
web3
gaming
promising
to
revolutionize
monetization
and
distribution
models.
According
to
Immutable
(IMX),
over
330
games
are
leveraging
their
tech
stack
to
create
innovative
gaming
experiences.

The
Magic
Moment
for
Web3
Gaming

Robbie
Ferguson,
co-founder
and
President
of
Immutable,
emphasizes
the
transformative
potential
of
web3
gaming.
Unlike
traditional
gaming,
where
players’
efforts
do
not
translate
into
real-world
value,
web3
allows
gamers
to
own
and
trade
digital
assets.
Ferguson
highlights
the
success
of


Guild
of
Guardians,
which
received
a
4.9/5
rating
on
the
app
store
and
over
30,000
downloads
within
two
days
of
launch.
This
success
indicates
a
growing
acceptance
of
web3
gaming.

Ferguson
shared, “I’ve
been
reading
Twitter
all
the
last
week
around
the
Guild
of
Guardians
launch.
There
are
so
many
comments
around
people
saying, ‘I
hated
web3
gaming.
I
never
got
it.’
But
he’s
been
playing
Guild
of
Guardians,
he’s
created
a
passport
account,
and
he’s
completely
addicted.”

Aligning
Incentives
Between
Players
and
Publishers

One
of
the
primary
challenges
in
the
gaming
industry
has
been
the
misalignment
of
incentives
between
players
and
publishers.
Historically,
new
monetization
models
have
often
come
at
the
expense
of
gamers.
Ferguson
points
out
that
web3
gaming
aims
to
correct
this
by
aligning
the
interests
of
both
parties
through
cooperative
ownership. “This
is
the
first
time
the
system
is
trying
to
align
the
incentives
of
players
and
publishers,”
he
says.

Overcoming
Barriers
to
Mainstream
Adoption

Despite
its
potential,
web3
gaming
faces
significant
barriers
to
mainstream
adoption.
Ferguson
identifies
two
main
obstacles:
infrastructure
readiness
and
content
readiness.
However,
he
believes
these
challenges
are
being
addressed.
Products
like


Immutable
Passport
are
making
onboarding
easier,
and
the
influx
of
funding
into
web3
gaming
is
starting
to
yield
high-quality
games.
Immutable
Passport,
for
instance,
boasts
over
1
million
signups,
facilitating
seamless
player
onboarding.

“To
be
clear,
web3
isn’t
a
genre.
It’s
not
a
vertical;
it’s
a ‘horizontal’.
Every
multiplayer
game
should
become
web3
over
time,”
Ferguson
asserts.

The
Future
is
Bright
for
Web3
Gaming
on
Immutable

Ferguson
is
optimistic
about
the
future
of
web3
gaming.
He
predicts
that
the
gaming
market,
currently
valued
at
$150
billion,
could
grow
to
trillions
as
players
gain
true
ownership
of
their
digital
assets.
He
mentions, “When
players
have
the
option
to
sell,
you
have
brand
new
monetization
mechanisms,
secondary
marketplaces,
royalties.
But
you
also
will
take
the
size
of
gaming
from
$150
billion
to
trillions
of
dollars.”

Immutable
is
at
the
forefront
of
this
transformation,
with
a
robust
content
pipeline
featuring
high-quality
games
like
Pixelmon,
Treeverse,
Illuvium,
Guild
of
Guardians,
Space
Nation,
and
Blast
Royale,
which
has
5
million
installs. “In
the
next
weeks
and
months,
we
have
some
of
the
biggest
games
in
the
world
launching,”
Ferguson
adds.

As
web3
gaming
continues
to
evolve,
the
industry
is
poised
for
significant
growth,
driven
by
innovative
companies
like
Immutable.
The
future
of
gaming
is
not
just
about
playing
but
owning
and
trading
digital
assets,
creating
a
more
engaging
and
rewarding
experience
for
gamers
worldwide.

Image
source:
Shutterstock

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