According to a recent survey, three out of four game developers expect to work on Web3 game projects as blockchain gaming becomes more widely accepted.
Coda Labs, a blockchain entertainment company, commissioned a survey on game creators to learn more about their perceptions of Web3. With 75% of respondents expecting to work on Web3 projects in the future, the researchers discovered that the majority of respondents believe Web3 gaming is on its way to their companies.
In addition, more than half of survey participants think Web3 will completely change the game business. 40% feel that adopting Web3 will increase the number of new users, while 36% think that Web3 integration will improve user engagement in games.
While the viability of Web3 games is being discussed, Sekip Can Gökalp, founder and CEO of Coda Labs, commented on the survey results and said that the benefits for developers are obvious. He explained:
This survey shows that the majority of developers have already experimented with creating Web3 games, motivated by benefits like additional funding, new revenue sources, and player retention.
Many developers understand that Web3 opens up new revenue streams in addition to attracting and retaining new consumers. One of the key advantages of Web3 is the selling of nonfungible tokens (NFTs), according to 47% of survey participants, while 43% see cryptocurrency tokens as a potential source of additional income.
However, not everyone believes that Web3 is here to stay. The survey’s results also indicate that 32% of participants believed Web3 games are just a passing trend that won’t last for very long.
Another recent survey revealed that gamers are more interested in earning Bitcoin than developers, who believe that NFTs and crypto tokens can be new sources of income.
