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Naavik Gaming Podcast
The State of Web3 Gaming with Game7
Nov 17, 2024
George Isichos, a core contributor at Game7 and author of a key research report, shares insights on the dynamic world of Web3 gaming. He discusses how platforms like Telegram are reshaping game development and player engagement. The conversation dives into innovative funding trends, with indie developers gaining ground while traditional AAA titles decline. Isichos also explores the challenges posed by bots and the exciting role of AI in enhancing gameplay, alongside the potential of new mechanisms like Play-to-Airdrop.
01:04:35
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Quick takeaways
- The Web3 gaming ecosystem is maturing, with indie developers now representing over 90% of new game releases in 2024.
- Telegram is reshaping game distribution by providing developers with alternative monetization pathways amid regulatory challenges faced by traditional app stores.
Deep dives
The Current State of Web3 Gaming
The report from Game7 highlights the evolving landscape of Web3 gaming over the past year, indicating significant changes in trends and player engagement models. Despite facing challenges such as uncertainty in regulations and the impact of external factors like the U.S. elections, the Web3 gaming ecosystem has demonstrated promising growth. Notably, several gaming companies, including major players like Ubisoft and Nexon, have begun exploring blockchain projects, resulting in increased net contributions of new games and token launches. However, there remains a critical need for innovative and engaging gaming experiences to fully capture the market's potential.
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Listen to the best highlights from the podcasts you love and dive into the full episode