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Anticipating the Future of Web3 Gaming: Insights from Industry Executives 🎮🌐 As Web3 gaming maintains its resilience amidst the crypto bear market, industry leaders are predicting an exciting and transformative year for blockchain gaming in 2024. Henry Chang, CEO of South Korean game development company Wemade, envisions a surge in blockchain-based games with more complex applications of Web3 elements. He notes that as developers gain confidence, there will be increased experimentation, sophisticated use of blockchain in-game mechanics, and a diverse range of Web3 games across genres. Chang highlights the inherent characteristics of blockchain gaming that make it appealing to gaming studios, including new revenue streams, immersive community engagement through token-gated benefits, and returning in-game asset ownership to players. The integration of blockchain connects the real-world economy to games, making them interoperable and forming a cohesive whole. Bartosz Skwarczek, CEO of G2A Capital Group, sees a trend of collaboration between traditional industry players and Web3 startups in 2024. He emphasizes the potential for improved accessibility and user-friendly interfaces to lead to more elaborate game designs and engaging gameplay mechanics, attracting a broader audience to Web3 gaming. Skwarczek suggests that the integration of NFTs for in-game assets and the emergence of a true Triple A-rated Web3 game could redefine blockchain gaming. He believes that such collaborations and advancements will contribute to mainstream adoption. However, onboarding a larger player base remains a significant challenge for blockchain gaming. Chang acknowledges the complexity of blockchain technology for most game designers and developers, posing a hurdle to user understanding. To address this, Chang emphasizes the need to make it easier for developers to integrate Web3 elements into games and to make blockchain components more intuitive and native to the gaming experience. Simplifying these aspects can accelerate the adaptation of Web3 in gaming and broaden its adoption. Skwarczek echoes the sentiment, emphasizing the importance of a groundbreaking Web3 title that sets the standard for blockchain gaming, ultimately capturing attention and driving mass adoption in the gaming community. For the full article please visit https://lnkd.in/gqwQ8XBN #web3news #nftnews #enjinstarter #afterburner #ayafoundation #Web3Gaming #BlockchainGaming #GamingTrends #NFTs #DigitalInnovation #FutureOfGaming 🚀🎮🔗

Web3 gaming trends in 2024: Execs weigh in on blockchain gaming future

Web3 gaming trends in 2024: Execs weigh in on blockchain gaming future

cointelegraph.com

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