Web2 Vs. Web3 Gaming

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Space Summary

Questions

Q: What is the role of community engagement in the NFT gaming space?
A: Community engagement is essential for fostering connections, feedback, and collaboration between players and developers in NFT gaming.

Q: Why is direct communication important in NFT games?
A: Direct communication allows players to provide feedback, suggestions, and feel actively involved in shaping the games they play.

Q: How does NFT ownership impact player-game connections?
A: NFT ownership creates a deeper bond between players and games, as players have a stake in the virtual assets and ecosystem.

Q: What differentiates the NFT gaming environment from traditional models?
A: The NFT gaming space offers unique reachability, transparency, and opportunities for player involvement in game development, unlike traditional gaming setups.

Q: In what ways do player feedback influence game development in the NFT space?
A: Player feedback directly shapes the development trajectory of NFT games, allowing for tailored experiences based on community inputs.

Q: What benefits do transparency and accessibility bring to NFT gaming projects?
A: Transparency and accessibility foster trust, engagement, and a sense of ownership among players in the NFT gaming ecosystem.

Q: How does community interaction enhance user experience in NFT games?
A: Community interaction enhances user experience by creating a sense of belonging, personal investment, and active participation in game development decisions.

Q: How can community-driven initiatives contribute to the success of NFT gaming projects?
A: Community-driven initiatives ensure player-centric developments, stronger project support, and a vibrant ecosystem that sustains NFT gaming projects.

Q:
A: A supportive community fosters user loyalty, project sustainability, and positive word-of-mouth, which are essential for the growth and success of NFT games.

Highlights

Key Takeaways

  • Community engagement and direct communication are crucial in the NFT gaming sector.
  • An open environment for player interaction with developers is vital.
  • NFT ownership deepens the connection between players and the games.
  • Player feedback directly influences game development in the NFT space.
  • Transparency and accessibility enhance the gaming experience for users.
  • NFT gaming offers unique reachability and connection compared to traditional gaming.
  • Community involvement contributes significantly to the success of NFT games.
  • Creating a supportive community enhances growth and longevity of NFT gaming projects.

Behind the Mic

Okay. If not, I would like to welcome you all here on behalf of the aura team. And thank you all for being here. Huge shout out to all the founders. And let's get started. Before we delve deep into the actual gaming section part of it, I think it would be cool to kind of understand, you know, how both of you got into Web3 first. Maybe either of you could start. Yeah, sure. So I was actually a graduate in Defi and blockchain gaming really wasn't a thing yet. But I graduated into the bull market when it was flying into last year. Okay. And I'm coming from Web2, right? So everything Web2 when you talk about game developers and just development in general on top of this blockchain append in the bull market was really the biggest years, right? Right up to where you run the ball. And I just had a look at some projects and my way into it, I worked with different projects building teams, building on those projects. And we just talked about it earlier. It's kind of wild where you know, you think you got to Web3. And I remember when everyone was flowing into this market as opposed to other markets and, you know, building on those projects. And that's sort of how I found my way into this and kind of history from there. And that's how I ended up here. At like a micro level what's going on in the space over here? It hasn't been a very long journey right for you? Oh, absolutely not. So we when when did we meet in Lisbon? Was that September? I'm not sure if it was September. I'm not sure if it was September or It was early earlier in February. It was a little bit earlier as well. Last year? Yeah. And I'm an old degen, right? So I've been in here since like, you know, way back at Axie, getting everybody who was like, what's going on here with these cute little NFT things and so forth. My background though, is more from the gaming education. I hope I don't know how to phrase myself it's kind of roundabout way, but gaming informatic. And when Liga and Bybit came on the scene I was just consulting with them coming from Web2 where I hadn't been in for a while and then breaching into Web3. And I think it's a bit of interesting one for me because what we provide at Bybit with blockchain gaming and what Liga provides is like that educational model. But also then looking at sustainable practices that we can execute upon or, you know, so they just don't run away. So I find that very interesting and that's where my background comes from. I also work with the Gamesfolk, so that's quite fun. But over to me, Web2 really translates into Web3. So when you say the term like Web2 to Web3, right? There's so many people who are into it. We know a lot of them, right? When you think of these two terms, what comes to your mind? Is it synonymous with what's happening or is it simply an evolution from the Web2? So like when you know a lot of people think about like Web3 and how crypto defy blah blah blah they're like, this is just new technology. It's the same thing. And it kind of is, right, but there's always those gray areas were just translating what you've done good on the Web2 spaces in Web3. The biggest thing is we talked about earlier. The tech is the same in some areas and quite a bit different in others. That's the principle as well. But what we need to actually go on to is the transparency. And a big difference I see is Web2 publishers. It takes years to publish a game. Everybody knows that. But it's done in secrecy. In this space you have founders, you have builders that are hopping onto Twitter spaces, they're hopping into discords, they're in telegram groups. They're actively talking about the development of the project they're building. They're launching closed alphas, open alphas, closed betas, open betas. They're engaging with their community. They're getting feedback as they're building and they're doing it in real time with the folks that are, you know, a part of their community from day one. And so you're getting that openness, you're getting that, you know, corporate speak. Flat level of almost like organization where I can reach out and talk to, you know, a game that I'm interested in playing. I can reach out and tag the, you know, the founding team in a discord chat and say, hey, what's going on? Where are we at with the development of this? I've been playing and I don't like this aspect, or I really love this aspect of the game. Can we lean into that and build upon that? Whereas within traditional Web2 and traditional game development cycles, really those games all happened in secrecy. And then 3, 4 years down the line, you would finally maybe play a beta only to see the game released 6 months later with, you know, microtransactions and what have you. So that's the big difference for me is where we're talking about now this this evolution from Web2 to Web3. It's that transparency from day one across all channels, taking that feedback in and being able to to cater towards it. Absolutely. And I think that feedback is, you know, valuable to every builder. I'll tell you something funny we've been we've had our first Web3 game store that's just expanding. And like you said earlier, we decided to open the games early on for everyone to see. Now we had like an idea that we wanted the games to be more modular. Long story short, someone reached out to us on Twitter spaces and actually had a talk with our development team. And those open, you know, those front line feedbacks from people are just is going to be taken into account. And I think it's beneficial in the end. So speaking of your background, you talked about games and education. All of that. Definitely Web3 right now is a very broad place. And I think everyone has their interpretation of how its development should be and the way it should progress. On a more macro level, what do you guys think about that? So for Web3, like there's a joke internally that most of us just break everything until it works. And it's there's there's an extreme truth to that. And for good or worse, right? There's so much going on in the space so fast that we need that rapid iteration and you only get that rapid iteration through breaking every single thing under the sun. And I think you'll you got to have a sweet spot there of making sure that your product is sustainable, but also at the same time being able to iterate quickly and truly take that feedback in. You know back in the day when we were working on so many projects and kind of just getting started as this industry was starting to grow, we thought, is this just going to work? Yeah. And we took feedback in from players who were playing triple-a games who were also playing Web3 games and it was kind of a crapshoot for lack of a better word of does this actually flow? It was an ever going industry. That's how it works for any anything that's evolving. Exactly. Exactly. So but we want to stay true to kind of the ethos of what blockchain aims to solve. And at the marquee, it's the transparency and decentralization. But you have to have a straight blend of adopting principles from some of these major game developers from Web2 and in a concrete way, making sure that you're not launching something that just implodes after 6 months, right? Yeah, I think it's also with blockchain parliament level where you got your developer team and their feedback directly to the biggest audience. And funny you mentioned that. I think earlier since the more games Web3 space exploded, I think we're on the same page. Earlier games like last year opened up to to these kind of things. I think it was what's the biggest let's say aha moment that came to you when you got into Web3? I think for me the the biggest aha moment was, you know, with how as a team we built across these other projects and as a team you execute on this on this project. And when we actually went to Web3, start to see everything working modularly. I think that was the biggest kind of shift for me when moving from a very secret small Web2 room going into Web3 and seeing how open it was and everyone having discussions, having demos and feedback from the smallest things hey I like this mod … oh okay and that was great working for me and let's kind of engage in that. That was my biggest kind of aha moment within Web2 an Web3. I think from my perspective coming into Web3, the biggest thing on the development front and you mentioned it slightly before is that games in Web2 were meant to be fun. At the core of it, they were just fun. And you get into Web3 and games are more kind of in the protocol level, and they're basically games attached to finance, finance with fun, in the most roundabout weight. And it's like wrapping your head around that just that it's almost like a culture shift. And as we start shifting towards games that just truly at the marquee they're fun. Finance is an aspect, but fun is at the core. And I think we're seeing that now, and we're going to continue to see that where it's just fun for the sake of fun to some aspects within finance for that. Yeah, absolutely. So on that note right, talking about in talking about finance earlier rapidly growing community based on over there in Latin America, especially in pop culture, we've seen that trend. You know, there's so many things evolving and just games being fun for fun. Where do you see us being maybe let me just check. Where do you see us in the next 6, 12 months always moving so fast? Yeah, it's a tough one. It is a very tough question, but a very valid. So if you look at the same just by numbers and rapid growth, I think that that that's really driving the game. The number of users is off the charts, numbers are going fantastic, but overall the trend is going towards more like community dominance, and that means trad-fine voicing governments just adapting to the space, rather than. There's much more focus from big corporations. And that number that we've seen, that rapid growth cycle that we've currently seen will trickle down in creating new ideas, new sports and almost I want to say moves naturally into the direction we want as Web3 with the crucial aspect of the ecosphere mass adoption. And that's the trend that I've been seeing holistically. How about you? What do you think that our community-based idea is going to look like? Yeah. So, so basically if you look at, you know, a typical Web2 gaming company where they've been working in the gaming scenes 10, 20, 30 years, they create great games. One of the things that you see is like all these companies have annual financial reports. And if you take a look at, you know, what some of these companies are doing and you see this underlying trend of community we built this amazing game. But here we wish we had done better community engagement, community feedback. All of these things are key notes on the report. And that was true for me for the last couple of years. I just went through a couple of reports from large studios. So they have the experience building amazing stuff. But over the next, I'd say 6, 12, 18 months, you're going to realize and see that they're going to start to open their gates to their users. Bring modularity to these projects. New game mode … new tokenomics consistent feedback. And we got to be ready for that. Totally agree an a hundred percent. And basically speaking like you said earlier, I think going forward one of my personal observations is that there's going to be a more fun centric approach no way of making game titles more bringing the excitement to the music. I feel like Web3 has kind of been sorely missing out. And we've seen projects come in basically coming into the markets to show hey, there's a whole new world out there. But like I said before, this all goes back to being more finance based. So has there been anything from your point of view on the factual engagement that's been working for you that you've been engaging up close? For us it's a multi modular approach so we have a lot of community engagement tactics and if you've been into what we do, you know, you see that we mix game aspects with interactive sessions. What we do is a big sell out and everyone really drives into that there and it's super reactive, super engaging. I think that would help us moving forward as well on that note modularity and interaction sticking together. I think with the evolution games will drive more mind share, everything should drive more blockchain adoptions, leading to an overall online experience. For us that's the ethos, that's kind of where we see things moving on. And definitely bringing in different features like tournaments would also help driving players just from market sentiments and all things combined. Absolutely. And I think one of the things to work is what you're doing at Bybit and what you and your team are doing in creating these tools and building on top of that is getting into the community. I saw on Twitter spaces. I think it was last week one of the team members had talked about like these self fulfilling tools and self reporting mod really gives players a taste of how to interact with blockchain on a gaming level. Where it's second nature and I think it's going to kind of drivel into wider adoption. Absolutely. Also we at aura are also looking forward to these great games that you are all going to release. We are going to welcome all of these games to our tournaments platform. Let our audiences enjoy these games to the fullest. You know, even if there's no PvP model to these games, it's completely alright. We're bringing that element with like a layer on top to our tournaments protocol. So stay tuned. And yes, our audience, please go ahead and follow everyone who's been a speaker here. There'll be more spaces coming up and we have I think a part two soon to this one because there are a so many questions that I listed on and I only got to ask maybe one of them. So yeah. Thank you everyone for being here. Thank you. All the speakers thank you to our audience. Stay tuned for the next one. Take care. Ciao. Thanks for having us. Thank you. See you

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