Owing to the rise of NFTs, the Web3 gaming scene exploded out of nowhere back in 2021 when blockchain-based technologies were still fresh to most people. It became a $1.5 billion industry with over 1 million active players.
Fast forward to now, shortsighted planning has caused a sustainability problem for the Web3 gaming industry. Hundreds of Web3 game projects come out every year but only a few of them can retain their value in the long run. And with the hype gradually and eventually slowing down, keeping players engaged has become a problem since prioritizing the “earn” factor is no longer a valid strategy.
A sustainable Web3 game ecosystem is the way forward, but getting a whole ecosystem right is still the hard part for upcoming game projects out there. Realizing all these challenges, in this lite paper, we’ll show you the latest tactics to create a web3 game ecosystem that you can employ to create a sustainable web3 ecosystem.
Publication date: 19/12/2022
Page number: 8
Reading time: 4 minutes
Table of contents
1. Web3 gaming at a glance
2. The problem with 90% of Web3 games
3. Tactics for a sustainable web3 game ecosystem
4. Closing thoughts
📌 See tactics that you can employ to create a sustainable Web3 game ecosystem