Discover and read the best of Twitter Threads about #Web3Games
Most recents (4)
There’s never been more funding in Web3 gaming and it’s not enough.
🧵 (1/6)
🧵 (1/6)
These factors are hitting the Web3 gaming industry hard:
- drawn out bear market
- long cycle of game development compared to DeFi development
- significantly more staff requirements
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It’s hitting across the industry:
- drawn out bear market
- long cycle of game development compared to DeFi development
- significantly more staff requirements
++
It’s hitting across the industry:
The likes of @TheTreeverse are reducing staff to lean up and optimise development.
@Immutable has had to reduce their team by 11%.
@playmythical a couple months ago laid off 20% of team.
@The_Delysium reduced in size
Semi related: @polygon laying off 20% of their workforce
@Immutable has had to reduce their team by 11%.
@playmythical a couple months ago laid off 20% of team.
@The_Delysium reduced in size
Semi related: @polygon laying off 20% of their workforce
NFT Worlds is gearing up for a big 2023.
In the past 30 days:
• @nftworldsNFT floor price has gone from 0.5 ETH to 2.7ETH 🚀
• $WRLD token price has increased 330% 🚀
Here’s everything that’s happening in the NFT Worlds ecosystem and why prices are pumping:
🧵👇
In the past 30 days:
• @nftworldsNFT floor price has gone from 0.5 ETH to 2.7ETH 🚀
• $WRLD token price has increased 330% 🚀
Here’s everything that’s happening in the NFT Worlds ecosystem and why prices are pumping:
🧵👇
1/ NFT Worlds is a web3 gaming project that started off as a free mint in late 2021. They built on top of Minecraft’s infrastructure so they can ship quickly.
2/ By shipping quickly they were able to go to market faster, onboard a large ecosystem of Minecraft developers and access a potential market of over 140 million monthly Minecraft players.
The MCap of top 8 gaming companies was worth ~$200 billion in May 2022.
6 of them are establishing their #web3 teams. The opportunities are real. And we're very early.
So, in the coming days, how should you evaluate a #gamefi project?
Learn this concept: GameFi Trilemma 🧵👇
6 of them are establishing their #web3 teams. The opportunities are real. And we're very early.
So, in the coming days, how should you evaluate a #gamefi project?
Learn this concept: GameFi Trilemma 🧵👇
The #GameFi trilemma is composed of ● playability
● profitability
● accessibility.
The problem arises when games only can optimize two components at any given time.
● profitability
● accessibility.
The problem arises when games only can optimize two components at any given time.
Eg.
Web 2.0 games give up profitability for players.
Most Web 3.0 games have given up accessibility by charging a hefty price for NFTs.
And for each component in the trilemma, there are existing problems and we'd like to highlight some potential solutions. 💡
Web 2.0 games give up profitability for players.
Most Web 3.0 games have given up accessibility by charging a hefty price for NFTs.
And for each component in the trilemma, there are existing problems and we'd like to highlight some potential solutions. 💡
1/6 Part of the disagreement between pro and anti #blockchaingames people stems from different definitions of what a ‘game’ is
2/6 Traditionally - a video game is the piece of software that players interact with to get a sense of fulfilment. To ‘have fun’.
Given this definition, it’s not surprising that some say ‘blockchain doesn’t do anything that we can’t already do!’
Given this definition, it’s not surprising that some say ‘blockchain doesn’t do anything that we can’t already do!’
3/6 In #web3, ‘the game’ includes
-Choosing which dev team/game to allocate time & capital to (like a VC)
-Getting whitelisted by engaging with the community on Discord
-Having a financial stake in the game you love, and getting a feeling of excitement when it grows in popularity
-Choosing which dev team/game to allocate time & capital to (like a VC)
-Getting whitelisted by engaging with the community on Discord
-Having a financial stake in the game you love, and getting a feeling of excitement when it grows in popularity
