Blockchain Gaming Developers Continue Projects Amid Low Sentiment
Blockchain game developers continue to advance projects despite low sentiment in the crypto gaming sector, as evidenced by attendance at the Game Developers Conference in San Francisco.
Key points from the event:
- Attendance at various side events was high, but the main GDC atmosphere felt subdued.
- Only three crypto groups had booths, with Arbitrum displaying the largest presence showcasing games on its Ethereum L2 chain.
- Arbitrum is engaging over 100 game teams to potentially move their projects on-chain.
- Industry sentiment reflects disappointment; Unio CEO described the current climate as “the trough of disappointment.”
- Unio is developing three games using its own IP and aims to utilize Coinbase’s Base network.
- OpenSea is collaborating with Off The Grid on a blockchain shooter and integrating token trading into its marketplace OS2.
- Developers emphasize the importance of sustainable game economies over rapid growth potential.
Overall, expectations for crypto gaming are recalibrating, with industry leaders expressing a need for a standout success to revitalize interest.