There was an exponential rise in the popularity and adoption of Web3 gaming in 2021. However, at present, it seems that the popularity of these games is en route to a downward spiral.
According to the latest statistics, the total number of players that had joined the Web3 gaming craze during the peak has now started to subside.
A new article published in the media has shared 5 important reasons that are responsible for decreasing the interest of the players in the said game. There is an increasing feeling among the Web3 gaming community members that these games are more technical and not focused on entertaining their users.
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Web3 Games Lack Entertainment
Web3 gaming platforms were never designed with the view to provide entertainment for the users. They were mostly created to increasing the engagement of the players with Web3-related products such as NFTs. Furthermore, these gaming platforms tend to increase the traction in certain cryptocurrencies and digital wallet services.
Another reason that many players are frustrated with the Web3 gaming platforms is the slow loading speed and high cost of playing. When users are playing Web3 games their expense is not limited to the purchase of the said counsel.
Rather, the investors are under pressure to keep making financial transactions and their rate of success is based on the profits they have managed to generate rather than completing new levels.
Web3 games are not immersive gaming experiences, they are crypto trading platforms with a visual appeal. Another reason for the smaller participation and retraction of the player from this new genre of gaming is that the entry barrier is very expensive and exclusive.
Only a very limited amount of players is capable of spending that type of money on gaming endeavors.
At the same time, Web3 games are not designed to support the fun social interaction element among the players. There are communities where players can interact with each other but they are more likely to keep their winning strategies secret rather than share their exploits with fellow gamers. This gaming sector also suffers from constant FUD and regulatory uncertainty.
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