Sunday, June 1, 2025
Coin Insights
No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

    Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

    NFT Market Sees $3.91M Volume on OpenSea Amid CryptoPunks’ Dominance

    NFT Market Sees $3.91M Volume on OpenSea Amid CryptoPunks’ Dominance

    Courtyard Tops Sales, Doodles Leads in Growth

    Courtyard Tops Sales, Doodles Leads in Growth

    a new collection of NFT stamps inspired by Mozart and Hedy Lamarr

    a new collection of NFT stamps inspired by Mozart and Hedy Lamarr

    Too Early? ‘Networked’ Fashion Label 9dcc Is Shutting Down

    Too Early? ‘Networked’ Fashion Label 9dcc Is Shutting Down

    Trump’s controversial memecoin dinner elicited mixed responses from attendees

    Trump’s controversial memecoin dinner elicited mixed responses from attendees

    NFT sales drop to $129.8m, Avalanche sales surge 200%

    NFT sales drop to $129.8m, Avalanche sales surge 200%

    Alchemy acquires NFT launchpad HeyMint to accelerate smart wallet development

    Alchemy acquires NFT launchpad HeyMint to accelerate smart wallet development

    BeraTone NFT Avatars Are Now Minting Live on OpenSea

    BeraTone NFT Avatars Are Now Minting Live on OpenSea

  • Gaming
    Dæmons Taps Orochi Network to Power GameFi with Verifiable On-Chain Data

    Dæmons Taps Orochi Network to Power GameFi with Verifiable On-Chain Data

    The Biggest Shutdowns So Far in 2025

    The Biggest Shutdowns So Far in 2025

    PCM Wallet Announces Collaboration with DegenVerse to Redefine Web3 Gaming

    PCM Wallet Announces Collaboration with DegenVerse to Redefine Web3 Gaming

    OpenSea Ends Beta, Launches OS2 with Multi-Chain Support, XP Rewards & SEA Token

    OpenSea Ends Beta, Launches OS2 with Multi-Chain Support, XP Rewards & SEA Token

    Blockchain And Crypto Are Future of Online Gambling

    Blockchain And Crypto Are Future of Online Gambling

    DeepLink Partners with AscendEX to Power Web3 Gaming in Global Markets

    DeepLink Partners with AscendEX to Power Web3 Gaming in Global Markets

    Why GamStop Players Try Competitive Gaming

    Why GamStop Players Try Competitive Gaming

    Ethereum Games ‘Realms of Alurya’ and ‘Wonder Wars’ Latest to Go Offline

    Ethereum Games ‘Realms of Alurya’ and ‘Wonder Wars’ Latest to Go Offline

    Real-World Asset NFTs Emerge as the Next Big Crypto Trend in May 2025

    Real-World Asset NFTs Emerge as the Next Big Crypto Trend in May 2025

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    Key Innovations, Challenges, and What Comes Next

    Key Innovations, Challenges, and What Comes Next

    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

    Types, Use Cases and Why They Matter

    Types, Use Cases and Why They Matter

    What’s the Real Difference for Beginners?

    What’s the Real Difference for Beginners?

    What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

    What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

    The Main Differences Between Crypto Exchanges

    What Is a DEX? How DEXs Work and Why They Matter

    What Is Blockchain? Blockchain Technology Explained for Beginners

    What Is Blockchain? Blockchain Technology Explained for Beginners

    Blockchain Layers Explained for Beginners: L1, L2, L3 Solutions

    Blockchain Layers Explained for Beginners: L1, L2, L3 Solutions

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

    Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

    NFT Market Sees $3.91M Volume on OpenSea Amid CryptoPunks’ Dominance

    NFT Market Sees $3.91M Volume on OpenSea Amid CryptoPunks’ Dominance

    Courtyard Tops Sales, Doodles Leads in Growth

    Courtyard Tops Sales, Doodles Leads in Growth

    a new collection of NFT stamps inspired by Mozart and Hedy Lamarr

    a new collection of NFT stamps inspired by Mozart and Hedy Lamarr

    Too Early? ‘Networked’ Fashion Label 9dcc Is Shutting Down

    Too Early? ‘Networked’ Fashion Label 9dcc Is Shutting Down

    Trump’s controversial memecoin dinner elicited mixed responses from attendees

    Trump’s controversial memecoin dinner elicited mixed responses from attendees

    NFT sales drop to $129.8m, Avalanche sales surge 200%

    NFT sales drop to $129.8m, Avalanche sales surge 200%

    Alchemy acquires NFT launchpad HeyMint to accelerate smart wallet development

    Alchemy acquires NFT launchpad HeyMint to accelerate smart wallet development

    BeraTone NFT Avatars Are Now Minting Live on OpenSea

    BeraTone NFT Avatars Are Now Minting Live on OpenSea

  • Gaming
    Dæmons Taps Orochi Network to Power GameFi with Verifiable On-Chain Data

    Dæmons Taps Orochi Network to Power GameFi with Verifiable On-Chain Data

    The Biggest Shutdowns So Far in 2025

    The Biggest Shutdowns So Far in 2025

    PCM Wallet Announces Collaboration with DegenVerse to Redefine Web3 Gaming

    PCM Wallet Announces Collaboration with DegenVerse to Redefine Web3 Gaming

    OpenSea Ends Beta, Launches OS2 with Multi-Chain Support, XP Rewards & SEA Token

    OpenSea Ends Beta, Launches OS2 with Multi-Chain Support, XP Rewards & SEA Token

    Blockchain And Crypto Are Future of Online Gambling

    Blockchain And Crypto Are Future of Online Gambling

    DeepLink Partners with AscendEX to Power Web3 Gaming in Global Markets

    DeepLink Partners with AscendEX to Power Web3 Gaming in Global Markets

    Why GamStop Players Try Competitive Gaming

    Why GamStop Players Try Competitive Gaming

    Ethereum Games ‘Realms of Alurya’ and ‘Wonder Wars’ Latest to Go Offline

    Ethereum Games ‘Realms of Alurya’ and ‘Wonder Wars’ Latest to Go Offline

    Real-World Asset NFTs Emerge as the Next Big Crypto Trend in May 2025

    Real-World Asset NFTs Emerge as the Next Big Crypto Trend in May 2025

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    Key Innovations, Challenges, and What Comes Next

    Key Innovations, Challenges, and What Comes Next

    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

    Types, Use Cases and Why They Matter

    Types, Use Cases and Why They Matter

    What’s the Real Difference for Beginners?

    What’s the Real Difference for Beginners?

    What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

    What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

    The Main Differences Between Crypto Exchanges

    What Is a DEX? How DEXs Work and Why They Matter

    What Is Blockchain? Blockchain Technology Explained for Beginners

    What Is Blockchain? Blockchain Technology Explained for Beginners

    Blockchain Layers Explained for Beginners: L1, L2, L3 Solutions

    Blockchain Layers Explained for Beginners: L1, L2, L3 Solutions

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
No Result
View All Result
Coin Insights
No Result
View All Result
Home Gaming

Why is Crypto Gaming Failing, and How to Fix It?

March 27, 2024
in Gaming
0
Why is Crypto Gaming Failing, and How to Fix It?
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

The mainstream opinion says that crypto will change gaming forever, and GameFi will bring a billion users to Web3. But the reality is harsher; still, there is no genuinely mainstream Web3 game where users come to play, not to make money, and stay for a while. Let’s break down why this is the case and how soon that will change.

READ ALSO

Dæmons Taps Orochi Network to Power GameFi with Verifiable On-Chain Data

The Biggest Shutdowns So Far in 2025

Key takeaways:

  • Play-2-Earn games are popular among users, who essentially view these games as a form of labor today, not as an entertainment. This leads to failures in the long run.
  • The core user base of all balanced and sustainable gaming systems are users who are willing to spend money in the game without expecting any financial refunds, as it is in the Web2 gaming.
  • There are two ways for the GameFi industry to succeed: either a popular Web2-like AAA game project emerges, or there is going to be some innovative success within crypto gaming that is impossible to achieve in Web3.
  • The adoption of cryptocurrency by one of popular gaming titles could become a trigger for the rest.
  • Fully on-chain games is a new category of games that aims to create Autonomous Worlds, where all in-game logic, gameworld components, and rules are on-chain.

Current State of GameFi

You are probably familiar with the successful stories of Web3 games and the infographics showing their growth by one metric or another. There are two major problems with all of this:

  1. Metrics are highly volatile because they are created predominantly by farmers and sybils who are looking for profit rather than fun. And as soon as yields drop, they’re gone.
  2. Most of these metrics and success stories do not reflect the quality of games.

The most popular and successful Web3 game was once Axie Infinity, which at its peak in 2021 had 2.8 million daily players and generated more than $4 billion in transaction volume over the year. However, over the past month, the number of average daily users has not exceeded 25,000. And in reality, that’s a decent number. By comparison, The Sandbox has less than 5k daily players, and even that data is questionable. In November 2022 we posted the research, mentioning that The Sandbox and Decentraland both have about 500 daily active users.

Such Play-2-Earn games are predominantly played by users from economically underdeveloped countries, who essentially view these games as a form of labor today. More than 40% of all Axie Infinity players were from the Philippines, for example. “Play to Earn” is literally the core incentive, and that became the first iteration of the bad design issue.

The current GameFi landscape is a bit different. On average there are more users than before. But there is no dominant project that overshadows everything else, as was the case with Axie Infinity or Stepn. Notably, a couple of games from 2021 are still here: one of them is Farmers World, which keeps up with almost 300K monthly active users.

New Trend: Play To Airdrop

The second iteration of the bad design issue revealed itself after the start of the airdrop meta in cryptocurrencies, which has not left GameFi untouched. We can witness the already problematic Play-to-Earn model degrade to the Play-to-Airdrop model, where games have an even shorter lifespan. Players no longer need to play a game for a long time in order to earn a regular income; now all they need to do is play until the airdrop pays off for the time spent.

See also  Terminus Taps Gamerge to Boost Web3 Gaming and PayFi Innovation

Most play-to-airdrop games will have a bright life before airdrop and a quiet death after. But not all of them; a few may succeed if they are able to marinate users in decent quality gameplay to motivate them to continue playing after airdrop. It’s too early to draw far-reaching conclusions, but Pixels, currently the hottest game in Axie Infinity’s Ronin chain, hasn’t lost any activity since the $PIXEL token airdrop on Feb 19th, and has even grown. However, we need to look at the dynamics of at least a few months to talk about success.

Thus, the key problem with Web3 games is the design with bad incentives that fosters greed instead of desire to play.

What Makes a Good Game?

First of all, we should recognize the obvious fact that the mere presence of buzzwords like “crypto” and “Web3” in a game does not make it better. The vast majority of users come to Web3 games looking for profit (56%), and that should change.

The core user base of any balanced and sustainable game system consists of users who are willing to spend money in the game without expecting any financial return. These are users who want to play the game because they like the game itself, because they want to have a good time and have fun. These users will be willing to spend a lot of time fully immersed in the gaming environment, and will be willing to pay for in-game goods for reasons other than greed. Web2 gamers have been doing this for many years.

The specific reasons why people play games may be individual, but they are united by the fact that users go first and foremost for the game itself. It doesn’t really matter if it’s a web3 game or a regular one, it’s important to make it fun to play.

Web3 Gaming Landscape

The Web3 gaming landscape is already quite diverse, but there are two actual ways for the industry to succeed: either a popular Web2-like AAA game project emerges, or there is going to be some innovative success within crypto gaming that is impossible to achieve in Web2. In the first case, a really good game with a focus on gameplay and crypto integration on some level should arise, which will hit mass audiences and set standards for the rest. An innovative success could be the emergence of a fully on-chain game with a truly vivid economy. Naturally, some combination of these two ways is most likely, but for ease of perception, we have categorized game projects into Web2-like games and fully on-chain games.

Web2-like Games

The best scenario in this case would be if an already existing popular gaming franchise integrates cryptocurrency in some way. Last year, there were rumors that crypto and tokenization of things would be introduced in GTA 6. There’s no evidence of this so far, but this game franchise has always been a glimpse of American society, and Bitcoin is already a solid part of this society. Trying to speculate, if integration does happen, it will most likely be limited by the possibility of using BTC only in multiplayer mode. The adoption of cryptocurrency by one of such games could become a trigger for the rest.

List of possible AAA Games:

  • Shrapnel. Shrapnel is a competitive AAA shooter by Epic Games set in the near future, where a mysterious substance has changed the balance of power as we know it. Launching on PC in 2025, this is one of the few crypto-related games that actually looks like an AAA project. The crypto-related part is based on one of the Avalanche subnets with a $SHARP token that will be integrated into the game as an in-game currency. Recently, released in early access.
  • Illuvium. Illuvium is an open-world exploration space game with city building and PvP components, where players are trying to capture magical creatures called Illuvials. The game is built on Ethereum and is in open Alpha. The $ILV token allows participation in income farming, staking, and Illuvium DAO voting.
  • Star Atlas. Star Atlas is a grand strategy game about space exploration, territory conquest, political dominance and life among the stars, built on Solana. In the Unreal Engine-based Star Atlas metaverse, one can build cities and create their microeconomics, fly space shuttles, mine resources, engage in warfare, create NFTs, and trade them. The game is in open Alpha with two tokens: $ATLAS for in-game interactions and $POLIS for DAO.
  • Seekers of Tokane by Aurory. Seekers of Tokane is a retro-futuristic adventure game in the Aurory universe that combines exploration and battles, built on Solana. Players can explore the Aurory universe populated by Nefties creatures, collect and trade unique NFTs. The game is in open Alpha with a $AURY token.
See also  Understanding what are crypto tokens: differences, uses, and types

Autonomous Worlds

Fully on-chain games are a new category of games that aims to create so-called Autonomous Worlds, where all in-game logic, gameworld components (items, characters, locations), and rules (synergy of components) are on-chain. Within such games, everyone can create a fork of the game with its own rules. Also, any in-game asset can be wrapped and turned into a derivative to be used in built-in mini-games, in other games, or in DeFi. Thus, the economy of one game can be connected to other games, which in theory allows the creation of a shared game universe with aggregated traffic. In other words, “Autonomous Worlds are not just worlds that happen to exist on-chain, but worlds that could not exist otherwise”.

The vast majority of innovation, including GameFi, is happening on Ethereum, and despite the myriad of Layer 2s emerging from all over the space, the problem of scalability and price efficiency is far from being solved. Thus, most of the projects are either in the concept stage or in early alpha, so there are a lot of opportunities to become an early adopter.

List of Autonomous World Games Projects:

  • The first Autonomous World game was Dark Forest, the real-time strategy (RTS) game, which appeared in 2020 on Ethereum. In the game, players compete for planets and resources, using ZK-SNARK to keep coordinates secured and verify actions. One can play individually or join a guild to conquer other planets and claim dominance. There is no token.
  • The Citadel. The Citadel is a 2D strategy space game on Ethereum and Polygon, where players pilot pixel spaceships across an on-chain star map to fight or collect resources. Currently, on closed devnet without a token.
  • Realms: Ethernum. Realms: Ethernum is an economic strategy game inspired by the Age of Empires and Civilization from the Bibliotheca DAO team. The Starknet-based team is building not only a game but also a game engine to run such games on. The game is live in open alpha with the token $LORDS.
  • Influence. Influence is a MMORPG space strategy game on Starknet where one can colonize, mine resources, wage wars, and forge alliances. The game is live on limited release without a token.
  • Briq. Briq is a block-building adventure game similar to LEGO, based on Starknet. The key components of the game are briqs, which are building blocks stored on the blockchain and can be minted for ETH or bought on a marketplace. On the technical side, briqs are ERC-1155-compliant tokens. One can build any structure from briqs or buy a Briq kit to build a specific model according to a blueprint. The game is live in open Alpha.
  • OpCraft. Opcraft is a craft-based game on Optimism by Lattice. The game itself isn’t particularly noteworthy, being another copy of Minecraft, but the studio that created it considers this its test product. Lattice is building a game engine for on-chain games called the MUD engine.
  • Sky Strife. Sky Strife is a PvP RTS game where players compete for control of islands. It is the second project by Lattice on Optimism. Currently, it is under development.
  • Lorak. Lorak is the meta-game of the LandTorn universe, built by the LandTorn gaming studio and platform on the Base Chain. The game is set in a classic medieval fantasy setting with a heavy emphasis on Lore. Players go through dungeons and try to obtain $SHARD tokens and valuable items, which can then be exchanged for $TORN tokens.
  • Pirate Nation. Pirate Nation is a pirate-themed RPG game on Ethereum and Arbitrum Nova, where players send their pirates on expeditions to fight monsters, gather loot, etc. Currently, it is in Beta without a token.
  • Mithraeum. Mithraeum is a grand strategy game on the Gnosis Chain where the players have to develop settlements, trade resources on the market, build a powerful army, and raid other settlements on one global map. Currently, in Alpha testnet, where players can participate in tournaments and qualify for tokens, those tokens will be distributed upon token launch.
See also  LasMeta Partners with Trantor Network to Revolutionize NFTs and GameFi

Output

In the following years, we are likely to see a lot of experiments in Web3 gaming that will reveal what works and what doesn’t. In the coming bull market, we expect to see a huge inflow of speculative capital into these experimental games, helping and sometimes hurting them to come up with viable products. Probably, games that put the financial component first and the gaming component second will die. Those projects that focus primarily on creating a proper game with high-quality gameplay will prevail and thrive, assuming, of course, that they can compete with Web2 games. Projects by established game studios will most likely have the upper hand here.

Successful mass-user Web3 games will hardly differ from Web2 games in terms of user experience. There, blockchain will probably become just another layer that solves the problems of closed code, centralization, non-interoperability of in-game items, etc. while remaining in the background. At the same time, we see the emergence of a new category of fully on-chain Autonomous Worlds, which are unlikely to attract a mass market but likely forge a special niche unavailable to Web2.

Image by Victoria from Pixabay

Disclaimer: This is a sponsored story. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Tags: CryptoFailingFixgaming

Related Posts

Dæmons Taps Orochi Network to Power GameFi with Verifiable On-Chain Data
Gaming

Dæmons Taps Orochi Network to Power GameFi with Verifiable On-Chain Data

June 1, 2025
The Biggest Shutdowns So Far in 2025
Gaming

The Biggest Shutdowns So Far in 2025

May 31, 2025
PCM Wallet Announces Collaboration with DegenVerse to Redefine Web3 Gaming
Gaming

PCM Wallet Announces Collaboration with DegenVerse to Redefine Web3 Gaming

May 31, 2025
OpenSea Ends Beta, Launches OS2 with Multi-Chain Support, XP Rewards & SEA Token
Gaming

OpenSea Ends Beta, Launches OS2 with Multi-Chain Support, XP Rewards & SEA Token

May 30, 2025
Blockchain And Crypto Are Future of Online Gambling
Gaming

Blockchain And Crypto Are Future of Online Gambling

May 30, 2025
DeepLink Partners with AscendEX to Power Web3 Gaming in Global Markets
Gaming

DeepLink Partners with AscendEX to Power Web3 Gaming in Global Markets

May 30, 2025
Next Post
Bitcoin Next Stop $80,000? Crypto Analyst Sees BTC Soaring Ahead Of 2024 Halving

Bitcoin Next Stop $80,000? Crypto Analyst Sees BTC Soaring Ahead Of 2024 Halving

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

October 28, 2023
Tezos 2023 Outlook: An Overview of Tezos (XTZ)

Tezos 2023 Outlook: An Overview of Tezos (XTZ)

November 2, 2023
UK risks regulating NFTs the wrong way, says Mintable CEO

UK risks regulating NFTs the wrong way, says Mintable CEO

October 30, 2023
Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

August 3, 2024
Ethereum crosses $3.2K as L2 crosses new milestone: What now?

Ethereum crosses $3.2K as L2 crosses new milestone: What now?

May 6, 2024

Don't miss a single story

Subscribe to our free Newsletter

EDITOR'S PICK

Unstoppable Domains Recognized as one of America’s Best Startup Employers for 2023 by Forbes

Unite and Thrive: Launching .ubu Domains with Africarare!

July 27, 2024
NodeMonkes leads NFT sales with over US$660K in a day

NodeMonkes leads NFT sales with over US$660K in a day

August 2, 2024
What’s behind MATIC’s current surge?

Bitcoin: Are traders hoping for a sustained BTC rally?

December 30, 2023
The mining of Bitcoin consumes less energy than banks

The mining of Bitcoin consumes less energy than banks

April 26, 2024

About

Dive into the world of cryptocurrency. Our news site offers insights, trends, and updates to guide your journey into the realm of digital finance.

Follow us

Categories

  • AI
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • DeFi
  • Ethereum
  • Gaming
  • Guides
  • Metaverse
  • Mining
  • NFT
  • Other
  • Web 3

Recent Posts

  • Dæmons Taps Orochi Network to Power GameFi with Verifiable On-Chain Data
  • Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs
  • The Biggest Shutdowns So Far in 2025

Newsletter

Don't miss a single story

Subscribe to our free Newsletter

  • Contact
  • Disclosure
  • Privacy Policy
  • Terms & conditions

© 2023 Coininsights.com - All rights reserved.

No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
  • Metaverse
  • NFT
  • Gaming
  • Blockchain
  • AI
  • Guides
  • Analysis
  • Coin Marketcaps

© 2023 Coininsights.com - All rights reserved.