Play-to-earn has fatal flaws: How can Web3 gaming be more sustainable?

Web3 game development company QORPO argues that the play-to-earn model in the gaming industry is flawed and proposes a different approach that focuses on user retention, sustainable tokenomics, and high-quality gameplay.

cointelegraph.com

Relevant topic timeline:

8/22/2023

Gala’s NFT mystery boxes: Where gaming fun meets blockchain innovation

Gala Games prioritizes fun and aims to address concerns about GameFi adoption by focusing on enhancing gameplay quality and streamlining the onboarding process for Web3 games, paving the way for a brighter future for GameFi.

9/19/2023

Web3 Gaming Hype Cools as Developers Refocus on Quality

Web3 gaming is still facing challenges in gaining mainstream adoption, including designing web3 games and overcoming user experience problems, but industry professionals are optimistic and focusing on building engaging games with complementary blockchain elements. The play-to-earn model is fading away, and web3 gaming is shifting towards gameplay enhanced by web3 ownership and economic alignment between gamers and developers. The industry is expected to see more traction in Asia, particularly in Korea and Japan, before being adopted by western markets.