Debunking Common Myths About Web3 Gaming


Timothy
Morano


Jul
26,
2024
08:32

Explore
the
truth
behind
five
common
myths
surrounding
Web3
gaming,
including
AAA
studio
involvement,
user-friendliness,
and
financial
models.

Debunking Common Myths About Web3 Gaming

Web3
gaming
is
rapidly
evolving,
but
misconceptions
persist.
According
to

immutable.com
,
it’s
crucial
to
distinguish
fact
from
fiction
in
this
burgeoning
sector.

AAA
Studios
Are
Investing
in
Web3

Contrary
to
the
belief
that
AAA
game
studios
are
ignoring
Web3,
industry
giants
like
Ubisoft,
Sony,
and
Epic
Games
are
heavily
investing
in
the
space.
According
to
Immutable
(IMX),
29
of
the
world’s
40
largest
gaming
companies
are
already
involved.
The
blockchain
gaming
market
is
projected
to
grow
from
$4.6
billion
in
2022
to
$65.7
billion
by
2027.

User-Friendly
Web3
Onboarding

Another
myth
is
that
one
needs
to
be
crypto-savvy
to
play
Web3
games.
However,
modern
Web3
games
feature
user-friendly
interfaces
that
hide
the
complexity
of
blockchain
technology.
For
instance,
Immutable’s
Passport
has
over
1.5
million
signups,
simplifying
the
onboarding
process
for
new
players.

Beyond
Pay-to-Win
Models

While
some
Web3
games
have
been
criticized
as
pay-to-win
scams,
the
reality
is
more
nuanced.
Games
like
Gods
Unchained
and
Illuvium
offer
unique
economic
models
that
benefit
both
players
and
developers.
Players
can
earn
and
trade
in-game
assets
without
initial
investments,
emphasizing
a
play-to-own
model.

High-Quality
Graphics

Web3
gaming
isn’t
limited
to
subpar
graphics.
Titles
like
Space
Nation
Online
and
The
Red
One
are
leveraging
advanced
game
engines
like
Unreal
Engine
5
to
deliver
stunning
visuals.
The
focus
on
quality
is
evident,
with
major
game
engines
now
supporting
Web3
development.

Mainstream
Adoption

Web3
gaming
is
no
longer
a
niche
for
crypto
enthusiasts.
With
nearly
2
million
monthly
active
users
on
Immutable’s
zkEVM
platform
and
major
titles
like
Ni
no
Kuni:
Cross
Worlds
migrating
to
Web3,
the
sector
is
going
mainstream.
New
games
developed
by
veterans
from
Disney
and
ClubPenguin
are
also
entering
the
space,
further
proving
its
broad
appeal.

As
Web3
continues
to
transform
the
gaming
landscape,
it’s
essential
to
stay
informed
and
be
part
of
this
exciting
evolution.

Image
source:
Shutterstock

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