Report: Only 223 Web3 games have been launched so far in 2023, a 65% decrease from last year

According to a recent report by Game7, a blockchain game accelerator, only 223 Web3 games have been released as of 2023, a 65% decrease from 640 in 2022 and a 73% decrease from 811 in 2021. In response, Immutable co-founder and president Robbie Ferguson believes that many excellent Web3 games are about to emerge, but this requires patience. Recently, investment in Web3 games has increased significantly, and developers are focusing on creating excellent popular games. He also revealed that the Web3 game industry has raised about $15 billion in funding in the past three years, with most of the funding transactions occurring in 2022. In addition, Gabby Dizon, co-founder of Yield Guild Games, analyzed that most Web3 games may transition from a play-to-earn model to a completely free model by 2024 to attract more players. (Cointelegraph)