Web3 Gaming Shifts Focus from Tokenomics to Game Quality
Web3 gaming has been promising to revolutionize the way we interact with games by using blockchain technology. However, many projects have failed because they focused too much on the economic benefits and not enough on creating a good game.
The first generation of play-to-earn games relied heavily on novelty and the economic loop itself being the attraction. Players tolerated simple gameplay because earning was part of the entertainment. But this model has obvious limits, as players can quickly become disinterested if the token price becomes the main reason to play.
Newer projects are focusing on creating a good game first and then adding blockchain features that make sense for the particular game. This approach is much more realistic and may be what Web3 gaming needs to succeed.