❓The current state

The current landscape of the crypto markets lacks companies that offer the ability to connect Web2 with Web3 in gaming. It’s nearly always required to have funds to play a blockchain game. Also, there is no easy way to onboard new users into Web3. It’s required to have a wallet and bridge the funds to the correct network. It’s making gaming in Web3 more difficult than downloading a game from Google Play or AppStore.

Another area where Web3 games have stumbled is in the onboarding process. Many newcomers find navigating the complexities of setting up wallets, acquiring digital assets, and connecting to decentralized platforms daunting. To address this, game developers must prioritize user-friendly onboarding experiences that simplify the steps required to get started. 55.1% of developers see onboarding as the primary issue for the industry (source: blockchaingamealliance.org).

In the gaming industry, a predominant trend is observed, where a mere 2% of users, commonly referred to as "whales," contribute a substantial 95% of a game's revenue. Nevertheless, the remaining 98% of users play a pivotal role in enhancing the overall gaming experience.

Web2 games have extensively implemented microtransaction mechanisms, inundating players with constant prompts to make purchases. This aggressive monetization strategy often leads to player exhaustion and diminishes the overall gaming experience, highlighting the need for a more player-centric approach in game design.

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