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Web3 Gaming Hype Fizzles: Developer Blames Unrealistic Expectations

The Chief Product Officer of web3 gaming platform My Neighbor Alice, Riccardo Sibani, believes that the hype surrounding web3 gaming has cooled due to unfulfilled promises and unrealistic expectations. Sibani suggests that the industry needs to deliver tangible results and manage expectations to reignite interest. He also argues that the players benefit the most from the union of blockchain and gaming, as it offers more engaging and democratic experiences. Sibani acknowledges that hardcore traditional gamers may be opposed to web3 games due to the prominent display of blockchain elements, and suggests that developers focus on delivering high-quality gameplay that doesn't force blockchain features on players. He also discusses the regulatory landscape for web3 gaming and how his team navigates the meandering terrain. In terms of the future, Sibani sees the blockchain gaming industry reaching unprecedented heights by 2030, offering immersive experiences that rival traditional games, with features like true ownership of digital assets and player-driven governance.

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