Web3 gaming will onboard up to 100M gamers in next 2 years, Polygon and Immutable presidents predict
About 40% of web3 games under construction will launch within the next 12 to 18 months, says Immutable co-founder
Two key characters in the web3 gaming space predicts exponential expansion over the next few years.
Robbie Ferguson, co-founder and president of web game company Immutable, and Ryan Wyatt, president of Polygon Labs class 2 series, told TechCrunch+ that web3 will add the first 10 million to 100 million gamers in the round. next year or two.
“We will see 40% of games on the web3” [ever] Going live in the next 12 to 18 months, it’s going to be a massive amount of effort or hit to get those 100 million players,” Ferguson added. If this prediction comes true, it will create a huge wave of adoption that the decentralized gaming industry has never seen before.
On Monday, web game company Immutable cooperate with Layer 2 Blockchain Polygons to help scale and apply subsectors. The partnership will focus on making web3-enabled games built faster, easier to use, and less risky for the larger game studios and indie developers involved.
“What we are seeing is these games are being built to go live because the games have a two to four year lead time,” said Ferguson. “What is needed is an incredible infrastructure for them to build an incredible customer experience where players can use this.”
“Over $100 billion is spent by players annually on in-game items,” Ferguson said, implying that the market for web3 games could be huge. “This is not a box copy of Fortnite or the ability to download the game. this is literally [money spent on] skins, Candy Crush coins and skins.”
But players cannot own those properties or at best be part of the gray market, he added. “The opportunity here is to take a $100 billion asset class and make it possible for players to actually own it, while ensuring that the rights and keys stick with them, not a large third-party companies.”
Ferguson thinks the only way for web3 games to scale is through real ownership. “And if they don’t know how web3 works.”
