The Future of Web3 Gaming: Trends and Insights from BGA’s 2024 Report
Evolution from Crypto to Gaming-First
- Shift towards gaming backgrounds
- Blockchain as a supporting tool
- Focus on fun-first games
Ownership Matters More Than Ever
- Digital asset ownership key benefit
- Advancements in asset ownership
- Dynamic NFTs, Soulbound Tokens, Token-Gating Mechanisms, ERC-6551 Wallets
The Evolution of Player Rewards
- Transition from P2E to play and earn
- New model: play to airdrop (P2A)
- Create to earn systems, SocialFi questing, Questing as core reward system
Breaking Down Barriers
- Challenges of onboarding and poor UX
- Free to play mechanics and gasless transactions
- Need for clearer communication
Gender Diversity: A Persistent Challenge
- Gender representation statistics
- Importance of inclusivity and diversity
- Efforts to make web3 gaming more welcoming to women
Misconceptions: Scams, Bots, and Skepticism
- Dealing with misconceptions in web3 gaming
- Concerns about bots in web3 games
- Efforts to tackle bot activity
Web2 Meets Web3: The Power of Big IPs
- Major traditional gaming companies entering web3
- Examples of Sony, Ubisoft, Nexon, Square Enix, CCP Games, Netmarble
- Shift in perception towards blockchain as a tool for gaming ecosystems
Global Growth: A Regional Breakdown
- Regional growth trends in Asia, Latin America, Europe, North America, MENA, and Africa
- Key developments in each region
Looking Ahead: What’s in Store for 2025?
- Rise of blockbuster titles
- Chain & Infrastructure Consolidation
- Web3 running in the background
- AI for personalized gaming experiences
- Enhanced interoperability and decentralized esports
