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Web3 games won’t completely replace Web2 games, but they can serve as a powerful complementary sector. For blockchain games to truly break into the mainstream, they must: Prioritize gameplay over economy: Web3 technology should enhance the experience, not be the core mechanic. Lower barriers and improve UX: Web2 players should be able to enter Web3 games as easily as any traditional game. Invest in marketing and tap into the Web2 ecosystem: Promote like a Web2 game rather than staying confined to the Web3 niche. True mass adoption isn’t about getting Web3 users to play games—it’s about getting gamers to use Web3.
This new project on BSC looks like another scam. I was watching ARGO, which launched with a $30M market cap and started dumping straight away—clearly a rug pull. What’s interesting is that in the beginning, they were following the Solana Foundation, meaning they originally planned to launch on Solana. But after realizing Solana had lost its hype, they pivoted to BSC, probably hoping to scam a fresh batch of victims. Now, they’re tagging @heyibinance and @cz_binance—looks like they’re trying to gain credibility and pull off another round of deception on BSC.
The biggest problem with this round of GameFi is mismatching, and it's no exaggeration to say that the exploration in this cycle has already failed. While claiming to offer better gameplay than the previous round, in reality, it's drifting further away from the market. For most people, the crypto market still functions like a casino — even for gamers, the gambling and speculative nature of this space gets amplified. For a game to establish a sustainable positive cycle, it must first generate revenue — and that revenue cannot come from the project's own debt. Many GameFi projects in this cycle have no real income; even if they do, it's often based on future liabilities (tokens or other promises). Most of the games in this round follow a “fundraising → development → testing → token launch → death” trajectory. Much of their funding gets burned during prolonged development, and several projects that claimed to be building AAA titles have already run out of money and can no longer operate.