Despite the backlash from gamers faced traditional gaming companies putting their money into non-fungible tokens (NFTs), executives in the NFT gaming industry are hopeful that more traditional gaming firms will enter the market this year.
Gameplay improvements are key to blockchain gaming adoption in 2023, according to a report from the Blockchain Game Alliance. A separate report from DappRadar showed that companies in the sector raised USD 7.6 billion in 2022.
The Blockchain Game Alliance (BGA) 2022 survey and report found that blockchain gaming industry professionals predict that gameplay improvements will be the single most important factor driving adoption in 2023, with Web3 developers working to make blockchain games more exciting and captivating.
The report states that after the gaming experience has improved, the next two factors most commonly believed to have the impact necessary to propel the industry forward in the coming year are traditional studios and existing franchises transitioning to Web3.