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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.

best long term investment strategies for indian millennials ✌️【365vc.net】✌️Low investments, high profits! Start with ₹500 and earn consistent monthly income.But this created a barrier to onboarding, as many couldn’t afford the NFT(s) or simply weren’t enthused about having to buy an asset in a game they didn’t even know they liked yet.Of course, these NFTs weren’t just any old game assets, they were yield generating.

best long term investment strategies for indian millennials ✌️【365vc.net】✌️Low investments, high profits! Start with ₹500 and earn consistent monthly income.Buying an NFT in a blockchain game was more like investing in a tool that you need to do a job — a job that paid in crypto.

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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.

best long term investment strategies for indian millennials ✌️【365vc.net】✌️Small investments, big profits. Join today and grow your wealth quickly and safely!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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best long term investment strategies for indian millennials ✌️【365vc.net】✌️Low investments, high profits! Start with ₹500 and earn consistent monthly income.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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