Regarding the views on blockchain games, veterans have always expressed their own opinions and definitions, so I will not repeat them here. Let's talk about the trends and current situations.
the traditional gaming industry has actually never stopped transforming, from computer games, home console games to the emergence of handheld gaming devices (like Gameboy, GameGear), from single-player games to the rise of the internet, leading to the birth and explosion of online games, evolving into eSports, live streaming, and other economic activities. As mobile phones became popular, Nokia phones could also play Snake, followed by the advent of smartphones, which gave birth to mobile app games. The operation methods of games have also changed accordingly, from paying for single-player games to using point cards to play MMOs online to Free to Play, Pay to Win... From a market dominated by major companies to the rise of indie games in recent years, various forms of games and markets have actually been evolving and developing continuously...
What we call blockchain games / web 3 games / gamefi is actually a model that has emerged during the evolution of the gaming industry, and this model is still in the exploration stage. The most discussed aspects must be the financial properties within games (such as game + DeFi, NFT assets, Ponzi properties, etc.) and whether blockchain games are merely a 'false proposition.'
Veterans believe that the emergence of blockchain games / web 3 games / gamefi is actually similar to the transformation of marketing methods that came with the emergence of Free to Play. With the birth of Bitcoin, the emergence of Ethereum mainnet and smart contracts, blockchain technology urgently needs some application scenarios as landing projects. The gamification of DeFi is a very good experimental ground. The market has slowly discovered that games are actually a very good carrier to integrate the financial properties and applications of DeFi. This 'application demand' has led to the explosion of gamefi. Meanwhile, the definitions of blockchain games and web 3 games are gradually forming in the industry as the market continues to experiment and make mistakes.
Of course, the development of blockchain games and web 3 games is still dominated by the project parties.
To put it bluntly, games are just a commodity, a business for making money. The purpose of development, quality, and target audience are all determined by the project party. If you have naive thoughts about what DAO/community benefits can bring, then you should definitely not play blockchain games, as you will be severely cut. Conversely, whether as a gamer, investor, or crypto native, it is crucial to choose projects rigorously, because they are not necessarily just a simple game or entertainment product; they might just be a PPT, demo, or so-called NFT JPG that is merely a project to make a quick profit.
This is probably the biggest difference between so-called web 2 and web 3 games.
Currently, there are many project parties striving in the Web 3 gaming/blockchain gaming space. They are also struggling to survive using different management methods. Whether it is BCG methods (like Japanese blockchain games), Gamefi methods (Ponzi mini-games), web 2.5 methods (mainly web 2, adding web 3 markets), or Web 3 methods, they are all just different ways of feeling their way across the river, constantly experimenting and making mistakes; there is no guaranteed formula for success.
However, the overall direction of development is still positive and continually improving.
Veterans firmly believe that future developments will head towards:
1) The ownership of player assets will fully return to the players and
2) Games will develop under an economic model dominated by UGC, creators, and guilds.
3) Games managed under the DAO model will be one of the directions for development.
As a web 3 gamer, the above development direction may be a wishful thinking.
But it remains a very eager wish that can come true.
In the Web 3 gaming world, DYOR, TYOR.
Veterans out~!