Average daily users drop big time when you look at blockchain games. How come? Does gameplay matter?
The Depleting Active User Database of Metaverse Games and Market Expectations
Despite all the hype and pompousness about the metaverse, the concept has yet to gain trust and acknowledgment from a vast population. It has done well so far in terms of attracting big tech, and investors, and raising handsome capital.
However, this acceptability is lacking when it comes to end-users which is also reflected in tokens associated with it.
The leading major metaverse games like Axie Infinity, Decentraland, and Sandbox have their respective tokens MANA, AXS, and SAND that have taken a nosedive.
These three tokens are the frontrunners and flagbearers of the metaverse and all three of them have taken a severe hit.
Although these tokens have solid support behind them in terms of venture capitalists and their millions of dollars. But the problem lies in the plunging number of daily active users. The player retention is poor, to say the least.
Blockchain, buzz-word or not in gaming?
So, where exactly is the problem? Why does the DAU decrease significantly for each metaverse major game when compared to traditional games?
In case you thought that gameplay didn’t matter for blockchain games. According to DappRadar, the numbers are eye-opening; in the past 30 days, Axie Infinity’s average daily users have dropped 30% from its previous period to about 107,240. The same goes for The Sandbox which recorded a decrease of 29% to 1,180 and Decentraland has lost 15% to 978 users a day on average.
When we compare the leading blockchain game numbers to that of games on Steam, the difference is astronomical. These games’ DAU are no way near to that of CSGO, DOTA2, and PUBG.
It also begs the question that current daily active users on games like Axie Infinity are even real gamers or just people that are playing as employees of a gaming guild?
Moreover, the gamers of traditional games are also hostile against NFT’s owing to security, environmental, and monetization concerns.
However, there is light at the end of the tunnel for blockchain gaming as several developers are of the view that quality gameplay, GameFi, and the metaverse can go hand in hand.
Register for my weekly Linkedin newsletter.
Gaming News Of Video Game Consultant;
Every day the latest video game news about the gaming industry. Video games news on NFTs (non-fungible tokens, NFT, NFT’s) , Play to Earn (P2E/Play-to-Earn), crypto games and crypto currencies, gaming guilds, Metaverse, VR, AR, AI, Virtual Worlds, Avatars, Digital Assets, In-game digital currencies, Web3 development, Blockchain based video games and its transactions and payments in the games.
Entertainment and all the big tech companies and technology behind it. Hyper Casual Games and the game studio’s that lead the way. Mobile games, PC games and Console Games and their vision on cloud gaming, streaming, esports and gamer communities. Online digital entertainment like movies, music, concerts, art and top brands such as fashion and much more that connect with video games in the metaverse.
If you want to stay up-to-date of Gumi Cryptos Capital, then follow me on Google News.