In an interview, Wemade's Wonil Suh explained why the recent crypto downturn was a "blessing in disguise" for web3 gaming developers. With less hype, builders could dedicate energy into product R&D and creating real use cases to bring value to users. Suh believes focusing on accessibility and fun rather than profits will pay off long-term once mass adoption kicks in. The market cooldown has ultimately strengthened blockchain gaming according to industry observers, as more sustainable platforms emerge.

The downturn in cryptocurrencies over the last year, dubbed the “crypto winter”, has not dampened enthusiasm for blockchain-based gaming’s potential according to Wonil Suh, head of business development for Korean gaming firm Wemade.

In an interview, Suh explained why he sees the recent market cooldown as an unexpected positive. “The crypto winter allowed us to focus more on actual game development and building real use cases that bring value to users.”

With investors less distracted by hype cycles or short-term price swings, developers can dedicate energy into making web3 games entertaining first and decentralized second. This will pay dividends once mass adoption kicks in.

Wemade has committed significant resources into R&D for its flagship web3 title ‘MIR4’ throughout the bearish crypto economy. Key innovations include overlaying DeFi elements without compromising core gameplay and staking rewards that appeal to loyal communities.

The gaming vanguard believes that eye-catching profits fueled excessive speculation in the past, but platforms focused on accessibility and enjoyment can thrive over the long run. He stated, “we want new users and existing gamers to come into web3 because it's fun and convenient, not just to make a quick buck.”

Industry observers concur that the cleanout of shallow projects with unlikely economics will ultimately strengthen the web3 gaming ecosystem for both builders and gamers alike thanks to enhanced longevity. With market skies clearing, blockchain’s promise to empower player-owned economies inside rich virtual game worlds appears back on track.

Source: BlockchainGamer.biz