Pixelverse co-founder criticizes the current state of blockchain gaming

Pixelverse Co-Founder Criticizes the Current State of Blockchain Gaming

Last Updated: July 26, 2024By

In the ever-evolving realm of Web3, blockchain gaming has become an integral aspect. Despite the influx of significant funding and high expectations, the reality of blockchain gaming has left much to be desired. Kori Leon, co-founder of the TON-based gaming ecosystem Pixelverse, voiced his discontent, pointing out the discrepancy between the substantial financial backing and the underwhelming gameplay experiences offered by many blockchain games.

Kori Leon articulated his perspective clearly, stating that numerous Web3 gaming ventures, although well-funded and backed by numerous supporters, have failed to captivate players. He elaborated:

“The present state of blockchain gaming is disheartening. Despite the massive capital influx intended for AAA-level games, recent launches, heavily endorsed by venture capital at lofty valuations, have provided subpar gameplay, failing to engage players beyond those speculating on in-game asset values.”

Leon emphasized the pivotal role of community building in the success of Web3 projects during his discussion with Cointelegraph. He asserted, “For the ecosystem to flourish, it is essential for projects to concentrate on the elements that ensure their success: community, culture, and distribution.”

A Fresh Strategy in Web3 Gaming

Pixelverse, which successfully attracted 50 million players in June to its Telegram mini-game Pixeltap, is adopting a novel strategy. Leon mentioned that Pixelverse is focused on cultivating a robust user base without making “unrealistic promises.”

The upcoming infrastructure and new game releases from Pixelverse aim to provide a superior AAA experience. However, Leon emphasized that the project has already laid a solid foundation for distribution and community development, positioning Pixelverse for “endless possibilities.”

The Onboarding Potential of Gaming in Web3

Randy Wasinger, founder and CEO of CryptoSlam, echoed similar sentiments regarding the potential of gaming as a gateway to Web3 adoption. He expressed:

“I firmly believe that gaming is a crucial onboarding mechanism for Web3. I anticipate the emergence of that game-changer which will attract millions, not just hundreds or thousands, of new users. I believe it is not just possible but inevitable.”

Wasinger also acknowledged the substantial capital investment in Web3 gaming. However, he pointed out that creating the best games necessitates prolonged development cycles. He expressed optimism that gaming-dedicated blockchains like Immutable, Ronin, and Mythos will eventually produce that groundbreaking game.

“I am hopeful that we will witness, from one or more of these major protocols, those transformative software titles that captivate the masses and draw new people in. But it requires patience,” Wasinger added.

Gif;base64,r0lgodlhaqabaaaaach5baekaaealaaaaaabaaeaaaictaeaow==

Get Blockchain Insights In Inbox

Stay ahead of the curve with expert analysis and market updates.

Disclaimer: Any post shared by a third-party agency are sponsored and Blockchain Magazine has no views on any such posts. The views and opinions expressed in this post are those of the clients and do not necessarily reflect the official policy or position of Blockchain Magazine. The information provided in this post is for informational purposes only and should not be considered as financial, investment, or professional advice. Blockchain Magazine does not endorse or promote any specific products, services, or companies mentioned in this posts. Readers are encouraged to conduct their own research and consult with a qualified professional before making any financial decisions.

About the Author: Eunji Lim

Eunji lim