Blockchain Gaming Faces Quality Hurdles, Says Pixelverse Co-Founder

In A Nutshell

The blockchain gaming sector, despite receiving considerable financial backing, has not lived up to expectations in terms of gameplay quality, according to Kori Leon, co-founder of Pixelverse. While the gaming continues to be a promising avenue for Web3 adoption, the reality has been marred by underperforming titles that fail to engage players beyond speculative investment in in-game assets. Pixelverse is adopting a different strategy by emphasizing community building and realistic promises to foster a robust user base.

The Current State of Blockchain Gaming

Kori Leon has voiced concerns over the recent performance of blockchain-based games, describing them as disappointing. Despite the influx of venture capital and lofty valuations for projects purporting to develop AAA-quality games, the sector has struggled with poor gameplay that fails to attract a sustainable player base. This trend underscores a significant challenge within the Web3 gaming industry – delivering on the promise of engaging, high-quality games that go beyond mere speculation.

Building a Strong Community First

Understanding the critical role of community in the success of Web3 projects, Pixelverse is concentrating its efforts on creating a vibrant, engaged user base. The project has already shown promise by drawing 50 million players to its Telegram mini-game Pixeltap in June. This approach, according to Leon, is about setting realistic expectations and gradually building towards delivering a true AAA gaming experience. The focus on community and distribution is seen as the foundation for the project’s future growth and potential.

Web3 Gaming as an Onboarding Tool

Randy Wasinger, founder and CEO of CryptoSlam, echoes the sentiment that gaming is vital for Web3’s broader adoption. He highlights the need for a “killer game” that can attract millions of new users to the ecosystem, a feat he believes is inevitable given time and the continuous investment in gaming-dedicated blockchains like Immutable, Ronin, and Mythos. Wasinger’s optimism is rooted in the belief that significant breakthroughs in gaming can serve as a crucial mechanism for introducing Web3 to a global audience.

Our take

While the blockchain gaming sector has faced its share of disappointments, particularly with games that fail to deliver engaging content, it’s important to recognize the invaluable role gaming plays in the Web3 ecosystem. The challenges highlighted by industry leaders like Kori Leon and Randy Wasinger underscore the need for a shift in focus towards quality, community, and sustainable development. Pixelverse’s approach of prioritizing a strong foundation over “unrealistic promises” offers a blueprint for success in the evolving Web3 gaming landscape. As the industry continues to mature, it is the projects that understand and embrace the importance of community and genuine gameplay experiences that will likely lead the way. In the end, patience and persistence may prove to be the catalysts for realizing the full potential of blockchain gaming as a gateway to Web3 adoption.