When asked about the relevance of P2E in 2023, the Sky Mavis executive admitted that the model is currently flawed. He explained that:
Zoe Wei, the senior business director at BNB Chain, echoed Larsen’s thoughts. According to the executive, further experimentation and analysis are necessary to make the token economies of most games sustainable. Apart from the NFT gaming models, Wei also commented on the topic of traditional game producers coming into the space. Wei believes that blockchain technology and NFTs have"undeniable benefits" for game producers and gamers. “We have already seen countless gaming studios venture into web3 over the past year, and this is a trend that will continue into 2023,” Wei added.
Pereira also mentioned that while Asian gaming firms are more public in their crypto push, western firms are also swooping in, but are"being more cautious with their PR." Nevertheless, the executive believes that the trend will continue.
Great article! Play-to-earn mechanisms definitely didn't work. Games need to be about fun first, not earning rewards. We continue to see this trend changing, there will be more maturity in the ecosystem that will onboard both traditional gamers, and game studios in 2023. 🎮🚀
P2E will never go mainstream. Gamers need to have fun while playing and not thinking what this gameplay would earn me. Thats where real gamers stop playing and bot farms take over
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