Categories: NewsNFT Games

Game developers expect to work on Web3 games in the future

As blockchain gaming gains broader adoption, 3 out of 4 game developers are expecting to work on Web3 game projects in the future, according to a recent survey.

Blockchain entertainment firm Coda Labs commissioned a survey, targeting game developers to have a peek at their thoughts about Web3. After conducting the survey, the researchers found that a majority of the respondents believe that Web3 gaming is on its way to their firms. 75% of the participants expect to work on Web3 projects in the future.

What games do you usually play?

I'm currently into the decentralized fantasy gaming platform CoinFantasy which has taken a novel approach and developed a realistic gaming environment based on the bitcoin financial markets. There are many fantastic examples of games that use cryptocurrency. The economic and investment potential of cryptocurrencies remains one of their most well-known uses, and CoinFantasy has bet on these fields.

Apart from this, more than half of the survey participants believe that Web3 will revolutionize the gaming industry. Some believe that Web3 will have an impact in terms of user acquisition and retention.

40% anticipate that implementing Web3 will bring more new users, while 36% believe that Web3 integration will enable games to retain users better.

While developers who participated in the survey believe in NFTs and crypto tokens as new sources of revenue, another recent survey showed that gamers are more interested in earning BTC while playing games.

What do you think about it?

Gamer

Share
Published by
Gamer

Recent Posts

Ledx have been so hard for me this wipe

Not being able to craft them sucks. Especially when everyone I talk to about it…

11 months ago

My interesting and unfortunate Gwent life

First I'd like to say I absolutely love this game it's quality. Basically I first…

11 months ago

Teacher Tuesday 12/Dec/2023 – ask your questions here!

Welcome to Teacher Tuesday, a thread where anyone can ask any type of question without…

11 months ago

This games balance is confusing

I’m kind of new/returning to gwent I played beta and obviously it’s a lot lot…

11 months ago

Summary of 10 Days of Draws from Chaffee’s Bundles

Level 1 Bag (Free with Atmosphere Level 2) 6 small consumable (First Aid, Repair, Fire…

11 months ago

Why is my crew at 135%?

Here's my crew - T34-85M - for the life of me I cant figure out…

11 months ago