Crypto gaming has been sweeping the world lately, attracting mainstream players such as one of the world’s biggest free-to-play gaming giants, FunPlus, and iconic console gaming giant, Ubisoft. These big names have both invested in their own token-based development projects, signifying the potential of web3 gaming and its future success.

In addition, James Ho, head of the $100 million fund Animoca Ventures, part of Animoca Brands, believes that console giants, not ponzinomics, will be responsible for saving web3 gaming. He has declared that web3 gaming has seen tremendous success lately, with many veteran players in the field. FunPlus, Square Enix, Tencent, and White Star Capital have all contributed their expertise towards web3 gaming in the past year, showing the vast interest in the market and its promising potential.

Ho himself is investing in the crypto gaming sector, along with many external institutions investing in the same, and is working on raising a second venture fund focused on seed, Series A, and NFT investments. The figures around crypto gaming investments have hugely increased, from the $3.4 billion raised in May 22, to more than $1.2 billion in 153 deals in April 22.

Animoca Brands, who recently reported its token reserves dropping by 36%, to $2.7 billion, understands the importance of protecting tokenomics and NFTs in web3 gaming, and agrees with Ho’s view on this matter. The downfall of companies like Voyager and Genesis is a reminder that the creation of a sustainable tokenomics is imperative to avoid investing without returns.

Regardless of the highs and lows, the crypto gaming sector is still very active, and has a large number of big-name investors that believe in its potential. It appears that this wave of crypto gaming pioneers will have to prioritize sustainable tokenomics and NFT strategies in order to succeed.



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