How will Web3 games evolve in 2023? | Field Shorthand

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MarsBit
12-29
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On December 28, 2022, the 10th Golden Tea Awards Ceremony, co-organized by Game Teahouse and Chain Teahouse, was successfully held at the Shanghai Marriott Hongqiao Hotel.

Frankly speaking, the number of people on site this year was far less than in previous years. Last year, there were nearly a thousand participants, and the "GameFi branch" alone attracted more than 200 people. However, due to the impact of the epidemic this year, only more than 500 representatives from game-related companies came to the scene. Thank you very much to those who were able to come to the scene during this period!

Of course, this is also the only large-scale offline event in the domestic gaming industry and Shanghai crypto industry at the end of the year and the beginning of the next year.

The theme of this year's Chain Tea House sub-forum is "New Thinking on the Evolution of Web3 Infrastructure for Games". We have invited many industry leaders to share and explore the possibilities of Web3 games from different dimensions.

web3 games A glimpse of the sub-forum

Considering that many friends cannot attend the event in person, the following is a selection of shorthand notes from the guest speakers:

 The Road to Mainstreaming Web3 Games

Louis Octopus Network Co-founder

web3 games

  • Crypto/blockchain technology is a new economic form, and pure blockchain games are a new type of game.
  • Tokenization is the low-hanging fruit of gaming combined with blockchain .
  • The internal logic of Web3:
  • The value of the Internet platform economy lies in the network effect, which is created by user participation, so users should participate in the distribution of platform ownership.
  • Then, for the sake of fairness, this process of allocating and exercising power should not be controlled by an individual or entity, but should be done through decentralized on-chain protocols.
  • Web3 faces four real dilemmas: proof dilemma, compliance dilemma, governance dilemma, and over-financialization dilemma.
  • The prospect of Web3 games lies in the separation of ownership and management rights.

web3 games

 Building a full-stack infrastructure for Web3 games

Pan Tao, CTO of Particle Network

web3 games

  • Obstacles to Web3 game development:

web3 games

  • In 2022 and beyond, the trend of blockchain games will be Multi-Game and Multi-Chain.
  • Particle Network hopes to allow developers to focus on excellent Web3 experience rather than heavy infrastructure work, which can save many teams five months of development time and costs (chain-related development) .
  • Particle Network's existing market policies:

web3 games

 Web3 Games: Flow and Retention in New Channels

Yu Kai, TriDAO CEO

web3 games

  • Web2.5, which provides users with application scenarios in the form of Web2 and realizes the confirmation of digital asset ownership and value transfer, will become an important transition stage to Web3, and corresponding applications will emerge on a large scale in the future.
  • Web3's three main strategies: airdrops, ambassadors, and secondary markets.
  • Marketing strategies for Web3 games:
  • Issue game assets on an open global public blockchain to establish a project community ➡️Build an incentive mechanism based on game assets in the community ➡️Attract new community members through the incentive mechanism ➡️Provide substantial rewards to users who make contributions ➡️Early users attract more new users to join the community ➡️Promote players to become real stakeholders and have a say in and even the right to decide on the management of the game.

According to the original plan, the founder of GuaTian Lab, Gua Ge, was also supposed to explain the Web3 game economic model, but he passed away... I wish him a speedy recovery 💊

  Final Thoughts

The above shorthand is less than one-tenth of the systematic and in-depth interpretation and on-the-spot instant feedback from the on-site guests , and this is the charm of offline activities.

There was a very interesting phenomenon in this event - there were many people who met for the first time. After communicating with each other, they found that they all had more or less a common network of relationships, but they were formally connected in this event.

At the beginning of the "post-epidemic era", this real connection is particularly valuable. I believe that everyone here can truly feel the recovery of industry confidence and social vitality. 2023 is worth looking forward to.

As for "How will Web3 games evolve in 2023?", to sum it up in one sentence, Web3 games are not a simple superposition of blockchain and games, but a new form that requires comprehensive support from underlying infrastructure, economic models, and operational strategies. A journey of a thousand miles begins with a single step. Just do it!

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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