Providing value to gamers in a changing Web3 landscape — Interview with TOKYO BEAST

Shift from Web2 to Web3 gaming represents major innovation and transformation in industry
Naoki Motohashi moved from Web2 social games to produce TOKYO BEAST to take on Web3 challenge
TOKYO BEAST aims to be true crypto entertainment IP merging Web2, Web3, game universe, real world, investment value
Initial TOKYO BEAST features allow different user preferences; interconnected ecosystem
NFT proxy model aims to attract Web2 users by eliminating typical Web3 barriers
Upcoming Polygon livestream event notable for industry insights from Polygon’s Yoriko Beal

cointelegraph.com

Relevant topic timeline:

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.

9/22/2023

South Korean Gaming Giant NHN Developing Crypto Games on Sui Blockchain

South Korean tech firm NHN is developing crypto games using the Sui blockchain, with plans to leverage NFTs and explore the integration of crypto token rewards, aiming to create a paradigm shift in the gaming industry.

10/4/2023

How Web3 Game Platforms Can Learn from Steam's Success

Web3 game distribution platforms aim to create a player-centered and community-driven gaming ecosystem by utilizing blockchain technology and decentralization, offering new monetization options like the play-to-earn model, but face challenges such as a lack of understanding and limited game titles, requiring a broader range of enjoyable games and better user interfaces to establish a successful platform akin to Steam in the Web3 space.

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Posted 9/7/2023, 9:01:04 PM