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Game Developers Hope To Work On Web3 Games In The Future: Survey

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Game Developers Hope To Work On Web3 Games In The Future: Survey

Source: news.google.com

As blockchain games gain wider adoption, 3 out of 4 game developers expect to work on Web3 game projects in the future, according to a recent survey.

Blockchain entertainment firm Coda Labs commissioned a survey, targeting game developers to take a look at their thoughts on Web3. After conducting the survey, the researchers found that the majority of respondents believe that Web3 games are on the way to their companies. 75% of the participants hope to work on Web3 projects in the future.

Apart from this, more than half of the respondents believe that Web3 will revolutionize the gaming industry. Some believe that Web3 will have an impact in terms of user acquisition and retention. 40% anticipate that implementing Web3 will bring in more new users, while 36% believe that integrating Web3 will allow games to better retain users.

Sekip Can Gökalp, CEO and founder of Coda Labs, also commented on the survey results. Gökalp noted that the potential of Web3 games is always debated, but the benefits for developers are always obvious. He explained that:

“This survey shows that the majority of developers have already dove into Web3 game development, driven by benefits like additional funding, new revenue streams, and player retention.”

In addition to gaining new users and retaining them, the developers also recognize that Web3 provides new sources of revenue. 47% of survey participants highlighted Non-Fungible Token (NFT) sales as one of the main benefits of Web3, while 43% believe in crypto tokens as a source of additional revenue.

However, not everyone is convinced that Web3 is here to stay. The survey results also show that 32% of the participants think that Web3 games are just a fad and won’t be around for long.

Related: Web3 games still a long way from mainstream adoption: Survey

While the developers who participated in the survey believe in NFTs and crypto tokens as new sources of income, another recent survey showed that gamers are more interested in earning Bitcoin (BTC) while gaming.