The gaming industry's primary priority is user experience, making it difficult to find a dependable and sustainable GameFi model
According to Jack O'Holleran, CEO of Skale, a multichain Ethereum-native network that supports Web3 games, GameFi's continually changing business model may make today's AAA gaming businesses look like peanuts. With $1.3 billion raised in the most recent quarter, according to DappRadar, blockchain-based games and metaverse projects are demonstrating endurance in the face of a winter that has brought down many participants in the crypto business.
"Charging users fees every time they transact or trigger a smart contract creates a disincentive to play," said O'Holleran, adding that "to appeal to the mass market, there's a ton of work that needs to be done around usability."