Game developers are more skeptical of metaverse and blockchain projects, according to a new survey by the Game Developers Conference.

In a way, that was not a surprising result. The hype about the metaverse and the blockchain skyrocketed a couple of years ago, but skepticism rose a lot over the past year as the economy slowed and early projects failed to achieve sustainable results.

“There was a lot going on during 2022 with ups and downs, and I know cryptocurrency had a lot of problems in the middle of the year as well,” Alissa McAloon, editor at Gamedeveloper.com, said in an interview with GamesBeat.

She noted that it’s not surprising to see the hype fade. In that sense, the skeptical view of the metaverse and the blockchain is not that different from the view of virtual reality, after established skepticism…