Blockchain Gaming ‘Disappointing’ Despite High Funding — Pixelverse Co-founder

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While gaming continues to be an integral part of Web3, some argue that despite significant fundraising, poor gameplay has shown a disappointing side of blockchain-based games. Kori Leon, co-founder of the TON-based gaming ecosystem Pixelverse, believes that some games have failed to deliver on their promises. Despite getting a lot of backers and funding, some Web3 gaming projects could not attract players.

Leon explained that the current state of gaming has been disappointing despite significant fundraising for supposedly AAA games. Recent launches, heavily backed by venture capital at high valuations, have delivered poor gameplay, failing to attract players beyond those speculating on in-game asset values.

In a statement sent to Cointelegraph, Leon stressed the importance of building communities for Web3 projects. For the ecosystem to thrive, it is crucial for projects to focus on what makes them successful: community, culture, and distribution. Taking a different approach to Web3 gaming, Pixelverse, which managed to attract 50 million players in June to its Telegram minigame PixelTap, aims to build a strong user base without giving unrealistic promises.

Leon mentioned that their upcoming infrastructure and new game releases will offer a more AAA experience. However, the project has already laid the groundwork for distribution and community building, positioning Pixelverse for endless possibilities.

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