Web3 gaming requires more projects that prioritize the needs of players and offer a seamless onboarding process in order to gain wider acceptance among mainstream users, says Herbert Sim, the chief operating officer of Websea, a hybrid cryptocurrency exchange. In an exclusive interview with Cointelegraph, Sim pointed out that previous Web3 games have faced criticism for their lack of gameplay and user experience. While some of these games gained popularity due to their economic incentives, they still fell short in terms of overall user satisfaction. Sim emphasized the importance of creating Web3 games that have a sustainable economic model and prioritize the user experience. He also noted that both the GameFi and DeFi sectors are attracting institutional interest, which will further drive adoption among mainstream users. Websea Labs, the ecosystem investment institution of Websea, recently launched a $100 million fund aimed at incubating GameFi and DeFi projects. Sim believes that the involvement of institutional participants will contribute to the growth of both sectors. In 2024, a new wave of high-quality Web3 games is set to be released, offering improved gameplay and user experience. One highly anticipated game is Star Atlas, a space exploration RPG built on the Solana blockchain and powered by the Unreal Engine 5. Despite still being in development, Star Atlas has already garnered significant interest, with over 335,000 followers eagerly awaiting its release. The game will be released in modules over the next five years. Another successful Web3 RPG game, Big Time, generated over $100 million in revenue within the first six months of its pre-season, without selling any tokens. The growing interest in Web3 games is evident, and it is expected to continue expanding in the future.
Websea executive emphasizes the necessity of player-centric games for the widespread adoption of Web3.
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