Web3 gaming still a long way from mainstream adoption: Survey

1 year ago

In a survey commissioned by Coda Labs, 6,921 radical from 5 countries were asked a bid of questions to find their cognition of crypto, NFTs, and Web3 gaming.

 Survey

A caller survey commissioned by blockchain amusement supplier Coda Labs suggests that contempt the immense magnitude of wealth being poured into Web3 gaming, accepted gamers are inactive yet to lukewarm up to crypto oregon NFTs and person small involvement successful Web3 games. 

According to the survey, gamers pointed to applicable barriers arsenic their main crushed for shying distant from Web3 games, with gamers often not knowing however they mightiness enactment and lacking a blockchain wallet.

The survey recovered that lone 12% of non-crypto gamers person tried Web3 games, portion conscionable 15% of those yet to effort were funny successful doing truthful successful the future. 

The survey pointed to play-to-earn (P2E) arsenic the astir recognized word associated with Web3 games, and crypto net arsenic the astir commonly perceived payment of playing them.

When these 2 factors are considered successful tandem, the findings reenforce what galore industry players person been saying precocious — that gamers are much funny successful playing a "fun game" than the tokenomics associated with galore Web3 games. 

Respondents’ cognition of the main challenges associated with Web3 games. Source: Coda Labs.

The survey information suggests that those who had played Web3 games ended up being affirmative astir them, with accepted gamers giving them a standing of 7.1 retired of 10 portion gamers who are progressive wrong the crypto abstraction rated them astatine 8.3.

Speaking to Cointelegraph past week during Asia Crypto Week, the enforcement president of the Asia Blockchain Gaming Alliance (ABGA), Kevin Shao suggested the absorption connected the P2E and NFTs facet of blockchain games whitethorn beryllium what is holding backmost mainstream adoption of GameFi.

Shao believes the merchandise of “triple-A” titles similar Phantom Galaxies and Big Time tin assistance displacement gamers' position of Web3 games distant from the P2E features and onboard radical who are looking to play games purely for fun.

Related: Blockchain gamers surge arsenic users effort ‘stacking crypto’ — DappRadar

Conducted passim June 2022, the survey saw responses from 6,921 radical crossed 5 antithetic countries.

To beryllium eligible to enactment successful the survey, the responsive needed to play video games astatine slightest doubly per month, person utilized a crypto wallet, traded via a decentralized exchange, oregon traded an NFT successful the past 30 days.

The survey was conducted by information instauration level WALR, which is simply a subordinate enactment of the Market Research Society and complies with its Code of Conduct.

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