The article discusses the importance of intellectual property (IP) in web3 gaming and how it can contribute to long-term player engagement. It emphasizes that building a strong IP is essential for creating lasting experiences in games rather than relying on short-lived hype cycles. The article suggests that developers should understand what aspects of their game truly engage players and then explore how blockchain technology can enhance those elements. Examples are given of games like Gran Turismo and Counter-Strike, which have succeeded due to their strong gameplay mechanics and competitive elements. The article also highlights how blockchain can preserve item value, enforce scarcity, and prevent inflation in game economies. It states that by leveraging the power of blockchain, the gaming industry can move toward sustainable ecosystems that prioritize real engagement and effort. The author, Sunyoung Hwang, is the CEO and Executive Producer of NEXPACE, a web3 development arm of the game developer Nexon.



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