With blockchain making advances into the video gaming business, industry insiders and executives at nonfungible token (NFT) blockchain WAX predict that there will be more linkages between games and blockchain networks in the future.
Kim claims that involvement with games, the metaverse, and NFTs is not dead despite lower Google search interest. “We noticed a doubling of the number of sales transactions on the WAX blockchain at the beginning of Q4 2021, and it has stayed elevated ever since,” he added.
Rubinelli, on the other hand, equated the deployment of play-to-earn (P2E) gaming models to the acceptance of free-to-play and microtransactions in gaming when questioned about the future of P2E. The gaming executive, who has spent more than 20 years in the sector, believes a similar trend is emerging.
Rubinelli noted that scalability is still a big worry when discussing blockchain games’ challenges. “Right now, the main difficulty is most blockchains’ inability to grow,” he stated.
Layer-2 solutions, according to the gaming expert, cannot grow unless they are “100% committed to a particular game, such as Ronin for Axie Infinity.” He also highlighted how, as the popularity of the game Sunflower Farmers expanded, “it brought Polygon to a standstill.”
In terms of esports, David Kim stated that most WAX games are “too simplistic to be transferred to esports.” However, according to the WAX CEO, games in development might be turned into esports.
Esports games, according to Kim, require more time to develop. Only nine months have gone by since Alien Worlds, Splinterlands, and Axie Infinity have shown that blockchain gaming can attract many players, according to Kim. “In that length of time, you can’t design the type of intricate game mechanics required for esports,” he noted.