Best P2E Games

Game Developers Not Into NFT’s Or Crypto

Game Developers Not Into NFT’s Or Crypto

Game Review 

GDC Survey Indicates that Developers are Not Interested in NFTs or Crypto.

A recent GDC survey suggests that the craze and massive buzz behind crypto, blockchain-based games, and NFT games have lessened.

GDC Survey: Game Developers Not Into NFT's Or Crypto
GDC Survey: Game Developers Not Into NFT’s Or Crypto

GDC Survey

The survey is conducted every year before the Game Developers Conference show to assess what creators and developers are inclined towards. Moreover, the poll also considers the new trend the gaming and tech industry welcomes and experiences.

With 2022 already underway with renewed challenges, the survey makes the gaming industry all the more interesting.

Despite a massive wave of excitement and craze of crypto, metaverse, blockchain, and NFT Games, the creators and developers seem less enthusiastic now. The poll numbers overwhelmingly say “No thanks, we are good.”

Many of the respondents went anonymous and shared their thoughts about ‘the future of video games.’

Following are some of the comments: “How this hasn’t been identified as a pyramid scheme is beyond me.”

“Burn ‘em to the ground. Ban everyone involved in them. I work at an NFT company currently and am quitting to get away from it.”

“They’re going to drive a wedge right in the heart of this industry. It’s going to become really clear what folks’ motivations are, and it’s not going to be pretty.”

“Why do we need them? What benefit does it have putting these systems into our games? Who is using these things? It feels like a very small audience. And also, these technologies are still not using sustainable energy and are a target for money laundering.

As a developer I feel deeply uncomfortable that there is a push for these. It feels entirely fueled by greed for more money because we read stories about crypto millionaires, when in reality all of it is extremely unstable and unethical.”

GDC Survey: Game Developers Not Into NFT's Or Crypto
GDC Survey: Game Developers Not Into NFT’s Or Crypto

An overwhelmingly 72% of poll respondents said that they are not interested in cryptocurrency as a payment tool. In the second question, 70% of developers said that their studios are not interested in NFTs.

With recent crumble in crypto market where trillions of dollars wiped out, people are becoming wary of cryptoverse and other new ideas.

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Game Developers Not Into NFT’s Or Crypto

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Meta Nano – 3D Play-to-Earn Metaverse on Polygon Network

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Best P2E Games list 2024

Game Developers Not Into NFT’s Or Crypto

P2E News, short for “Play-to-Earn News,” is a category of updates and information within the broader spectrum of Crypto News, Web3 News, NFT News, and Blockchain News. These terms are all interconnected and represent various facets of the rapidly evolving digital landscape.

Play-to-Earn (P2E) is a gaming model that has gained immense popularity within the crypto and blockchain communities. In P2E games, players can earn cryptocurrencies or NFTs by participating in the game, often through activities like completing quests, collecting items, or trading assets. P2E News covers developments, announcements, and trends related to these innovative gaming experiences that allow players to monetize their in-game efforts.

Crypto News, on the other hand, focuses on the broader world of cryptocurrencies, including Bitcoin, Ethereum, and a multitude of altcoins. This category encompasses news about market trends, regulatory changes, new blockchain technologies, and updates related to various tokens. Crypto News is a fundamental aspect of the blockchain ecosystem, as cryptocurrencies serve as the primary means of value transfer and exchange within the Web3 space.

Web3 News is an umbrella term that refers to the next-generation internet, often characterized by decentralized applications, blockchain technology, and smart contracts. The Web3 ecosystem seeks to provide a more user-centric and decentralized internet experience. This category of news covers developments in decentralized finance (DeFi), non-fungible tokens (NFTs), and various other applications built on blockchain technology. For the ultimate and best play to earn games list, check our friends of playtoearngames.com.

NFT News focuses on Non-Fungible Tokens, unique digital assets that are indivisible and represent ownership of a specific item, artwork, or collectible. NFTs have gained prominence in the art world, gaming industry, and entertainment sector. NFT News keeps enthusiasts informed about NFT sales, new projects, and partnerships within the NFT space.

Blockchain News pertains to the foundational technology behind cryptocurrencies and Web3 applications. Blockchains are decentralized ledgers that record transactions across a network of computers, ensuring transparency and security. Updates in this category might include innovations in blockchain consensus mechanisms, interoperability between different blockchain networks, and industry applications beyond cryptocurrencies.

In summary, P2E News is a niche subset of Crypto News, Web3 News, NFT News, and Blockchain News. It focuses on gaming experiences where players can earn cryptocurrencies or NFTs, while the other categories encompass a broader range of topics within the decentralized digital landscape, including cryptocurrencies, web3 technologies, NFTs, and blockchain advancements. Collectively, these categories shape the landscape of the digital economy, offering insights into how technology is revolutionizing various aspects of our lives.