The Web3 game industry faces more strict investment conditions as capital flows become more selective, giving investors a priority for sustainable projects on noise -dependent donations.
In February, Gunzilla Games Web3 Theodore Agranat described Blockchain games as a “game of music chairs” in which the same capital is revolving through various projects and “no new money”. The CEO said that users also move from a project to a project to extract value. After that, they leave and search for the following project.
In the same month, the long -awaited Web3 game, Illuvium, announced the layoff of 40 %, indicating the need for the difference to go to “Super Lean” in today's market. Sky Mavis, founder and CEO of Trung Nguyen, has announced a similar step in October 2024, cutting 21 % of its employees to improve its budget for upcoming projects.
Despite these events, web3 game professionals said that the capital still exists, and explained some factors that contribute to the direction at the level of industry.
Investors no longer throw their money blindly in projects
Jeffrey Zillan, co -founder of Sky Mavis, CointeleGRAP, told Web3 Gaming not uniquely struggling, but rather suffers from the same capital restrictions that affect the broader encryption industry.
The CEO said that web3 games do not face a unique challenge because the scene is “narrow in all fields.”
However, Zirlin pointed to exceptions. Fableborne, a mobile game that was removed by 16,000 % despite the market shrinkage, has proven that “the new capital was already flowing to Ronin”, Sky Mavis Blockchain. He added:
“It is not that the investment has completely dried up. It is no longer blinded the money blindly on projects as they did with the so -called” Axie Killers “that he failed to provide.
“Axie Killers” was a term used to describe gaming projects that it claimed to be the next large Web3 game that would go beyond the game Web3 Sky Mavis.
Meanwhile, the co -founder of Sandbox and Hebastien Borget Operations told Cointelegraph that the description of “Game of Chairs” indicates a degree of randomness. Borgie said he does not agree to this.
The CEO said that although the new capital is limited and investors are more cautious, there is now less than the inability to predict the noise courses.
“The success of the Blockchain games increases increasingly on the ability to meet traditional games standards. This includes providing convincing content and playing, enhancing the user's sustainable acquisition, creating a strong economy within the application and building loyal user base.”
Related to: Axie Infinity is the new Web3 game as NFT Outlook turns into positive
Not only can projects “NFTS” in a game and raise millions
Josh Gere, the chief marketing official in the gaming championship platform, told Cointelegraph that the days of adding distinctive non -explosive symbols (NFTS) to a game and earn massive support from encryption investors.
“Yes, the speculative stage of Blockchain games, where projects can only cool millions by slapping NFTS on a game, may calm down. But this does not mean that the capital has disappeared.”
The CEO said that the capital has become more selective and flows towards projects of strong basics and sustainable economies.
“Investors show an interest in games that integrate Web3 elements in a way that enhances the player's experience rather than focusing only on financial incentives,” Gere added.
Some main investors, such as Animoca signs, are specifically focused on the Blockchain Games sector. He said that the games take longer to build, unlike other ports, so games investment takes longer to bear the fruit.
However, the executive official said that the WEB3 Games raised the more complicated. “The times you will manufacture a video on the way of playing, and you have an attractive symbol and capital raising,” Bodki said in a statement sent to Cointelegraph.
The CEO said that the teams that build great games and knowledge of the distribution process are the elements that can attract capital.
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magazine: Outside