A study of MetaRace Horse Racing to Understand Success in Web3 Gaming. London, UK.
15 Oct 2022, 08:00
A study of MetaRace Horse Racing to Understand Success in Web3 Gaming
London, UK. In the current bear market, Web3 gaming has been affected by multiple factors, delaying a return to the high levels of activity driven by Axie Infinity towards the end of 2021. Many blockchain game projects have failed or experienced a huge decline during 2022, with many starting to look for alternative models and strategies as they search for the next big break for Web3 games. Where will the breaks come, and what should we be looking for?
There are varying opinions on what makes a successful Web3 gaming strategy. Some people believe it is the game itself that matters, that it must be ‘triple A’ quality to succeed; others believe the tokenomics, return on investment (ROI) and token price are most important; some people think it depends on the success and future development of the underlying blockchain; while others believe the community and social aspects of a game are the keys to its success.