The challenges of Web3 gaming
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Despite its great potential, Web3 gaming still remains a huge challenge for both developers and gamers.
Technical complexity: Integrating blockchain and other Web3 technologies into games can be complex and require new skills and knowledge.
Scalability: Some blockchains have scalability issues that can lead to high transaction fees and slow confirmation times. This impacts the user experience.
Volatility: The value of NFTs can be highly volatile, which can present risks for players investing in these assets.
Market sensitivity: Many blockchain games see their activity drop when crypto prices fall.
Regulation: The legal status of digital assets, such as NFTs and cryptocurrencies, is still unclear in many countries, which can lead to complications for developers and players.
Player protection: Increased monetisation and the possibility of real winnings can drive some people to compulsive gambling behaviour.
Security: Even though blockchain provides security guarantees, applications, marketplaces and wallets can be vulnerable to attacks, scams and fraud.
Barrier to entry: The learning curve to understand cryptocurrencies, wallets and transactions may put off some traditional players.
Preserving the entertainment value: It is essential that games remain fun and engaging above all. Too much integration of economic mechanisms could detract from the gaming experience.