Web3 and Web2 games differ in several key areas, but the market forces that govern their success might be the same.
Web2 games and GameFi might differ in several key areas, but many of the market forces that govern success or failure are very much the same — at least according to several experts who spoke with Cointelegraph.
Games in the Web2 market are governed by market demand, profitability, consumer purchasing power and competition among game developers, of which a handful of large developers and producers dominate larger games. All these factors contribute to the success or failure of a title in the mainstream market.
Speaking to Cointelegraph, Andy Koh, CEO of GEMs — an esports aggregator platform — said that fundamentally, GameFi is subject to many of the same market forces that govern success or failure in the mainstream market. One key factor in particular is maintaining a robust player base.