We’re excited to announce that 8k Games is joining forces with OnChain Studios as an inaugural partner of the Cryptoys Play Partner Program. This initiative is designed for gaming studios to develop games, apps, and experiences for the Cryptoys platform.
At OnChain Studios, we’re pioneering a new frontier in digital toys and are proud of what’s to come through this partnership with 8k Games.
Learn more here 👉 https://bit.ly/3StYuax
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2023 marked a monumental year for indie game studios. On Steam, the heart of digital gaming distribution, indie publishers dominated the scene, accounting for an astounding 99% of game releases.
This translates to approximately 13,790 indie titles reaching gamers worldwide, compared to just 181 releases from major blockbuster (AAA) and mid-range (AA) publishers combined.
💡This trend highlights a significant shift in the gaming industry, where small, independent studios are leading in innovation and game development.
#GameDevelopment#GamesIndustry#GamingIndustry
early web3 gaming narrative of 2024 is casual/hcasual studios experimenting with crypto integrations for user acquisition and retention
direct integrations into games like collectibles and tokens don't make sense since these studios churn through games on a weekly basis, but it's a huge value add if they can keep players engaged in their ecosystem and funnel them from one game to another
some of the studios building in this niche is Army of Fortune, Play Ember, Grapes and TallyUp
it's going to be interesting how they can leverage web3 to compete with other studios
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Indeed new tech & platforms that enable shareability and discovery can empower games to break out of the messy red ocean. Lots of good and worthy games also suffer from Steam's limited discoverability features and not so amazing recommendations. An upgrade in either of those can do wonders. A similar case was with Twitch circa 4-5 years ago. Discovery was extremely narrow, and after a strong signal from the community, they at least tried to add a few more placements for channel recommendations. In Steam's case - improving the recommendations algo would be the no. 1 need I would imagine (it is missing on many parameters at the mo) and then also thinking about possible new placements for content recommendations. There are certainly multiple options to explore here (not just another carousel for game titles, but also content from Steam's forums) - and a simple hackathon with PMs that had experience in social platforms could generate lots of cool ideas. Steam is the ultimate ground zero of PC gaming, but it's DNA is still that of a storefront, than a platform.
PC games platform Steam opens 2024 with a bang:
- an all-time high of 33.7M concurrent users on Sunday
- a record-breaking 14,531 games launched on Steam in 2023. that’s roughly 40 new games a day! 💥
PC gaming remains strong, but i think we’re hitting a point where the # of good new games > existing users’ free time. we just have too many great games to play these days so that we never catch up to our backlog
while this is great for consumers, it does beg the question how do you break out as a new game dev today? one idea is to try to reach net new users - either via innovating on new genres (easier said than done) or building on new platforms/tech (finding users off steam)
Looking for some brighter, greener shoots for 2024? Check out this article on the future of the video games industry. According to GamesIndustry.biz, there are seven reasons to be hopeful, so that's something! What are you hopeful and excited about for 2024? #hopeful#future #2024
F2P is the key to onboard the masses to crypto games
Thankfully, game development studios have started picking up on this
Last bull mkt we've learned that traditional gamers won’t buy thousand dollar NFT’s just to play a P2E game
But if you give them F2P game that’s actually fun to play, they will play and over time (probably) buy the expensive NFT’s to start earning
That’s how we make crypto gaming mainstream
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🎉Newzoo year in review:
9 free reports:
✅ Media & Entertainment
✅ PC & Console Gaming
✅ DLC Engagement
✅ Global Gamer Study
✅ Global Games Market & Forecasts
✅ Generations
✅ IP & Brand Collaborations
✅ Global Games Market & Forecasts - October update
✅ #TikTok x Newzoo, Launching PC & Console Titles in the Ever-Changing Games Market
Newzoo's free reports are trusted by leading industry developer, publishers, and partners. Pre-register for the Trends 2024 report due on 23 January.
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3moMoving forward! Nice positioning