A new survey suggests that despite the large investment in Web3 gaming, gamers are still relatively apathetic to crypto or NFTs and have little interest in playing Web3 games. The study was conducted by Coda Labs, which commissioned questions to 6,921 people from five countries regarding their thoughts on crypto, NFTs, and Web3 gaming.
In the survey, gamers said that practical barriers were their main reason for not playing Web3 games. They reported not knowing how they worked and lacking a blockchain wallet. The survey found that only 12% of non-crypto gamers had tried these types of games while just 15% of those who hadn’t tried them said they would be interested in doing so in the future.
The survey found that play-to-earn (P2E) was the most popular term used to describe Web3 games and that gamers perceived crypto earnings as the primary benefit of playing them. These findings support what many in the industry have been saying—that gamers are more interested in playing a fun game than worrying about the tokenomics associated with many Web3 games.
Results from the survey showed that those who had played Web3 games generally enjoyed them. Traditional gamers gave them a rating of 7.1 out of 10, while active crypto gamers rated them at 8.3. Kevin Shao, executive president of Asia Blockchain Gaming Alliance, suggested during Asia Crypto Week that blockchain games may be unsuccessful in garnering mainstream adoption because they focus too much on P2E and NFTs instead of aspects that would appeal to a wider audience.
Shao said that games such as Phantom Galaxies and Big Time can help gamers see Web3 games in a different light, changing their perspective from P2E to simply playing for fun.