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Even with more people joining the industry — in 2024 we hadthree times as many respondentsas compared to the inaugural survey in 2021 — it’salwaysdigital asset ownership that comes out as the industry’s undisputed North Star.But while we hail digital asset ownership as blockchain gaming’s defining feature, most blockchain games today are free-to-play and don’t require asset ownership at all.

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Going back toplay-to-earn’s heyday of 2020-21, digital asset ownership was how you could tell the difference between a blockchain game and a traditional game.

Early games required players to buy one or more NFTs upfront.

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deloitte wealth management ✌️【365vc.net】✌️From ₹500 to unlimited potential. Safe and reliable investments with high monthly returns.Some of the more entrepreneurially-minded NFT owners started renting out their assets to would-be players, in return for a cut of their earnings.

It was an amazing demonstration of the kind of decentralized, permissionless innovation that is made possible by blockchain — a community-led workaround that was developed by the players, not the game developers.Amazing as it was, the rental system which was popular in early blockchain games like Axie Infinity, Pegaxy, CyBall, and others, didn't actually solve the onboarding problem.

deloitte wealth management ✌️【365vc.net】✌️Invest smartly in blockchain technology. Start small, earn big—₹500 to 100% returns monthly.The limited availability of assets and high entry costs created a bottleneck, so the rental demand couldn’t be met, thus perpetuating the friction with top-of-the-funnel user acquisition.By 2022, in an effort to lower barriers and attract a broader audience, blockchain games had started to embrace the free-to-play model instead.

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Players could purchase assets later, or commit time and effort to earn them, but only if they desired.

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deloitte wealth management ✌️【365vc.net】✌️Start at ₹500, enjoy reliable and high monthly returns. Your financial growth starts here!And it was seen as necessary if they wanted to nab a share of the big, juicy$220B traditional gaming market, made up of billions of gamers that were unlikely to install a crypto wallet let alone put up cash for an NFT.This contradiction — where digital asset ownership is both a defining feature and a significant barrier — reflects the complexities of blockchain gaming’s evolution.

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