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Play-to-earn falling out of favor after ‘massive shift in priority’ — BGA survey

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Gameplay improvements will be the biggest driver of blockchain gaming adoption in 2023, according to a survey from the Blockchain Gaming Alliance.

A new survey has found that the blockchain gaming industry is experiencing a “massive shift," with the once-popular play-to-earn (P2E) model falling out of favor and focus shifting to improving gameplay experience.

The survey results were included in a newly released annual report from the Blockchain Game Alliance (BGA) on Jan. 12, conducted with 347 professionals representing 252 projects or companies in the blockchain sector.

According to BGA, most respondents were young adult males working for blockchain gaming companies in middle and top management positions.

One of the trends from the report was an apparent shift in how blockchain gaming executives viewed P2E as a driver for blockchain gaming adoption.

Chart showing factors that could impact blockchain gaming adoption. Source: BGA

In 2021, the report found 67.9% of respondents agreeing that P2Es would be the most significant growth driver of blockchain gaming. The latest survey found this number shrinking to just 22.5%.

Instead, gameplay improvements were seen as the biggest driver for adoption in 2023 with 35.7% of respondents saying gameplay improvements will be the industry's top priority.

Pedro Heddera, head of research and analytics at DApp insights company DappRadar, cited P2E’s fading out as a result of “falling crypto prices and upcoming free-to-earn games,” paving the way for the new generation of Web3 games, adding:

“2023 is shaping up to be a make-or-break year.”

Rowan Zwiers, the co-founder of Web3 consulting company Blockminds, stated in the report that despite the previous hype achieved by P2E games during the first generation of blockchain gaming, the industry is currently in the midst of a “drawback to normalcy.”

Zwiers said that P2E games have “proven themselves unsustainable” but showed the need for the development of the next generation of more advanced blockchain gaming dynamics.

023ca10e-62d1-41ab-8595-8ded1ee80200.pngCast your vote now!

Meanwhile, Felix Hartmann, the chief investment officer of Hartmann Metaverse Ventures, said that “cheap point-and-click browser” P2Es are no longer getting the funding they used to get as “capital has gotten smarter and more demanding.”

Hartmann suggested that venture capitalists are turning their attention to a better experience for gamers. He noted:

“More cutting-edge game studios integrating Web3 and AI into Unreal Engine-based, high-fidelity games are seeing more traction.”

Despite the decline in popularity for P2Es, co-founder of Mirai Labs, Corey Wilton, said that the “lovers” of the original P2E model will always exist, but it is clearly more profitable to create games that “capture the casual everyday gamer.”

The report highlighted that poor gameplay and the problem of understanding blockchain gaming concepts were the most significant issues in blockchain gaming.

Related: 2023 will see the death of play-to-earn gaming

However, according to a section of the report supported by DappRadar, the blockchain gaming industry is still growing significantly despite the extended crypto winter.

On-chain game transactions reached 7.4 billion, growing 37% from 2021 and a staggering 3,260% since 2020.

48dcbb75-3758-4004-a946-3c8d8e3a99ee.PNGKey Takeaways for 2022. Source: DappRadar x BGA Games Report 2022

The report stated that the crypto winter had not impacted the number of blockchain gamers for existing games.

President of the Blockchain Games Alliance, Sebastien Borget said this indicates to him that the industry is “putting players first,” more so focusing on the benefits of blockchain to the gaming industry over the volatile market.

Source

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  • 15.10.25 18:07 crypto

    Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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