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A Brief History of Web3 Gaming: What We’ve Learned So Far

blockchaincapital.com · 2,870 words · saved by 1 readers

This is the first of a three part series by Sterling Campbell on Web3 gaming examining its past, its potential, and its future. Since before the launch of Ethereum, gaming has been a burgeoning sector in crypto. Developers have recognized the value in crypto’s interoperability, player-owned economies, and tradable digital assets, leading powerful executives to leave traditional media to build out Web3 gaming. Late last year, gaming accounted for over half of blockchain activity, and $739 million has been invested in blockchain games in Q1 2023 alone. There are nearly 3.2 billion gamers worldwide, and gaming is one of the largest onboarding opportunities in crypto. We’ve already seen the power of this funnel in NFTs and select GameFi projects, but we still have a long way to go if this dream is going to be realized. To better understand the future of Web3 gaming, it’s important to examine the past decade of on-chain games and all of the learnings therein. Only by understanding where we

A Brief History of Web3 Gaming: What We’ve Learned So Far A Brief History of Web3 Gaming: What We’ve Learned So Far Sterling Campbell · co-authored with · No items found. 5.2.2023 · Research #blockchaincap This is the first of a three part series by Sterling Campbell on Web3 gaming examining its past, its potential, and its future. Since before the launch of Ethereum, gaming has been a burgeoning sector in crypto. Developers have recognized the value in crypto’s interoperability, player-owned economies, and tradable digital assets, leading powerful executives to leave traditional media to buil

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