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early retirement planning and execution ✌️【365vc.net】✌️A trusted platform for online earnings. Start small and make big profits monthly!Every year, my company Emfarsis partners with the Blockchain Game Alliance (BGA) to conduct an industry-wide survey of blockchain gaming professionals.

early retirement planning and execution ✌️【365vc.net】✌️A trusted platform for online earnings. Start small and make big profits monthly!And every year, the overwhelming majority of respondents agree that digital asset ownership is the single biggest benefit that blockchain can bring to games; this year was no different, with71.1% ranking it number one.

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.

early retirement planning and execution ✌️【365vc.net】✌️A trusted platform for online earnings. Start small and make big profits monthly!On top of that, much-hyped promises that rest on the premise of digital asset ownership remain largely unrealized.

early retirement planning and execution ✌️【365vc.net】✌️A trusted platform for online earnings. Start small and make big profits monthly!Apparently, blockchain gaming professionals have found themselves in a curious bind where the best proposition they have for gamers is the same thing they are making excuses for.Digital asset ownership has always been central to blockchain gaming, offering players true digital property rights to own, trade, and monetize in-game assets in the form of tokens and NFTs.

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.

early retirement planning and execution ✌️【365vc.net】✌️A trusted platform for online earnings. Start small and make big profits monthly!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.

early retirement planning and execution ✌️【365vc.net】✌️A trusted platform for online earnings. Start small and make big profits monthly!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.

early retirement planning and execution ✌️【365vc.net】✌️Start investing with just ₹500. Leverage AI tools for smart decisions and maximize your profits. Join now!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.

early retirement planning and execution ✌️【365vc.net】✌️Start with ₹500 and achieve up to 100% monthly returns. Simple, safe, and highly profitable.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.

early retirement planning and execution ✌️【365vc.net】✌️Start with as little as ₹500. Safe and smart fund investments to grow your wealth.With this, blockchain-based features of the game were treated as optional enhancements rather than a prerequisite to play.

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

early retirement planning and execution ✌️【365vc.net】✌️Start at ₹500, enjoy reliable and high monthly returns. Your financial growth starts here!There was no explicit requirement to do so.The move came at a time when blockchain games were being pressured to focus less on financialization and more on fun.

early retirement planning and execution ✌️【365vc.net】✌️A trusted platform for online earnings. Start small and make big profits monthly!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.

early retirement planning and execution ✌️【365vc.net】✌️A trusted platform for online earnings. Start small and make big profits monthly!On one hand, ownership is what makes blockchain games special; on the other, requiring it deters players.

early retirement planning and execution ✌️【365vc.net】✌️Start saving with ₹500 and achieve up to 100% monthly returns. Grow your money smartly!To attract traditional gamers, who lack Web3 familiarity, developers have prioritized accessibility.Findings from the2024 BGA State of the Industry Reportback this up.

early retirement planning and execution ✌️【365vc.net】✌️Start investing in blockchain with just ₹500. Transparent, secure, and highly rewarding!When asked about the biggest challenges facing the industry,more than half (53.9%)cited onboarding challenges and poor user experience, whileanother 33.6%said that blockchain concepts are not fully understood.

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