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Gaming, the Metaverse and NFTs Are All Merging in 2023

Posted on the 08 January 2023 by Nftnewspro
Gaming, the metaverse and NFTs are all merging in 2023

Mostly, NFT profile picture projects have tended to tend toward metaverse integration that is compatible with other systems. There was a lot more evidence of this through 2022, and the trend is expected to continue through 2023.

Cooltopia and Spacedoodles, while using a lot of time and money from its parent collections, are still just the tip of the iceberg when it comes to gamification. It’s unclear whether this will lead to broad acceptance, and even if it does, whether the next metaverse(s) will be really decentralized.

The present tendency toward stability and sustainability in Web3 games, which is exacerbated in part by the troubles with Axie Infinity and its Pay-to-Earn model, will result in a wave of existing stable products.

Furthermore, the early 2023 ecosystems can overreact and be designed to defend themselves from the boom-and-bust nature of most cryptocurrency speculation. There’s a danger that all gamers may have the same, boring experience, which will feel like a copy of classic video games.

Still, no other metaverse has come close to Minecraft. The coming year will demonstrate that tokenomics, gamification, and speculation must be employed in healthy, responsible ways. Also, platforms that create games that use NFTs and cryptocurrency without making it their main selling point will attract a large number of users. Gamers shouldn’t even realize that they are using these technologies.

Also, as we approach 2023, a conflict is going to begin. Crypto firms moving into gaming and gaming companies moving into crypto are two new strategies to produce Web3 games. Companies like Limit Break, whose CEO is former Machine Zone CEO Gabriel Leydon, are leading the latter. Machine Zone was the firm responsible for putting Kate Upton, Mariah Carey, and Arnold Schwarzenegger on our television screens.

“People talk about Web3 gaming like a futuristic inevitability, it’s not. It requires people to properly design and build it”.  Limit Break intends to incorporate Web3 components into the “free-to-play” games industry, which is a significant departure from 2022’s crypto-native-first approach. In actuality, less than 5% of those who play mobile games pay anything, so these folks must be included if the games are to be widely used.

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