Web3 Gaming Industry is facing more stringent investment conditions, with the capital flow further, and investors give priority to sustainable projects over over -advertising -based funds.
In February, Gunzilla Games Web3 Director Theodore Agranat explained the blockchain game as a “musical chair game.” This means that the same capital circulates through different projects and said, “There is no new money.” After that, they leave and search for the next project.
In the same month, the highly anticipated Web3 Game Illuvium announced 40% layoffs, showing that the team needs to go to “Super Lin” in today’s market. Trung Nguyen, co -founder and CEO of SKY MAVIS, announced a similar movement in October 2024 to reduce 21%of the employees to optimize the budget for the coming project.
Despite these incidents, Web3 Gaming Professionals said that capital still exists and explained some factors that contribute to the trend of the industry.
Investors are no longer blindly throwing money to the project.
Jeffrey Zirlin, co -founder of SKY MAVIS, says that web3 gaming does not have an original difficulty in Cointelegraph and is experiencing the same capital constraints that affect the broader encryption industry.
The management said the landscape said, “I didn’t face a unique challenge because it was tight.
Nevertheless, Zirlin pointed out the exception. In spite of the market downturn, he quoted 16,000%of mobile web 3 games, FABLEBORNE, and showed that “fresh capital is actually flowing with Ronin.” He added:
“Investment is not entirely dried. Investors, like the so -called ‘AXIE KILLERS’, who have no longer conveyed, are not blindly throwing money in the project. ”
“AXIE KILLERS” was used to explain the game project that claims to be the next big Web3 game, which is Sky Mavis’ flagship Web3 game.
Meanwhile, SEBASTIEN BORGET, co -founder and chief operating officer of the sandbox, told Cointelewraph that the “musical chair game” description suggests the degree of randomity. Borget said he did not agree with this.
Executives said the new capital is more limited and investors are more prudent, but now due to the overlooking cycle, the unpredictable is less unpredictable.
“The success of the blockchain game depends on the ability to meet more traditional game metrics. This includes providing attractive content and gameplay, promoting sustainable user acquisition, building a powerful in -app economy, and building a loyal user base. ”
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The project can just hit NFT in the game and not raise millions of dollars.
Josh Gier, the chief marketing officer of the game tournament platform, told Cointelewraph that the era of adding tokens (NFTs), which simply understood, to the game, and receiving tremendous support from encryption investors have disappeared.
“Yes. The speculative stage of the blockchain game is to raise millions of dollars by hitting NFT as a game. But this does not mean that capital is gone, ”Gier said.
Executives said the capital flows towards a project with a more optional, strong foundation and a sustainable economy.
“Investors are interested in games that integrate Web3 elements by improving the player experience rather than focusing on financial incentives.”
Vineet Budki, CEO of venture company Sigma Capital, said some key investors, such as the Animoca brand, focus on the blockchain game division. Unlike other niche markets, he said that it took more time to build a game, so game investment took more time to make fruit.
Nevertheless, the management said it was more complicated to collect Web3 Gaming Capital. BUDKI said in a statement sent to Cointelewraph, “It was time to create a video in gameplay and raise capital with attractive token leaks.”
The management said that a team with a good game and knowledge of the distribution process can attract capital.
https://www.youtube.com/watch?v=HPNL-1ZRQXK
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