The web3 gaming industry is supposed to be this big deal for blockchain, right? 🤑 But let’s be real, it needs some fresh ideas. Otherwise, it’s gonna be like that weird uncle at a family gathering – everyone’s polite, but no one really wants to hang out. 🙈
So what’s the answer? Movies! 🍿 Think about it: “Dune,” “Robocop,” “The Matrix,” they all turned into games and made bank. But web3 gaming is completely ignoring this goldmine. It’s like they’re allergic to Hollywood! 🤨
We need to bridge the gap between studios and game devs again, but this time with something even cooler: web3 stuff like interactive stories and next-gen economies. It’s a win-win-win situation! 🏆 Millions of new people get into blockchain, gaming gets a boost, and studios make more money. 💸
Studios need fresh revenue streams too, especially with streaming killing the cinema experience. 🪦 Think of it like this: Fortnite has concerts and brands everywhere, and Roblox is practically its own metaverse. Netflix even has playable worlds on Roblox! So why aren’t we seeing more movies turned into games in web3? It’s a no-brainer! Except for… licensing.
Licensing IP is Still a Nightmare
Licensing IP for games has always been a bureaucratic nightmare. 🤯 It’s like trying to get a coffee order right at Starbucks during rush hour. 🤬 Multi-stage negotiations, cross-jurisdictional contracts – it’s a headache!
Even with all the obvious benefits, it’s still a messy process with way too many hurdles. It’s like they’re purposely trying to make it impossible. 🤪
Can Blockchain Save Us?
Blockchain could totally solve this mess, though. Imagine smart contracts that are standardized and audited, and revenue tracking that’s transparent and automatic. It would be like a dream! ✨
But here’s the catch: the legal system is moving slower than a sloth in molasses. 🐢 We need new laws and regulations to support blockchain, and that takes time. It’s like waiting for a dial-up connection in the age of 5G. 😩
Still, there’s hope! Blockchain can also give players true ownership of in-game assets. Remember those awesome Counter-Strike skins? They became a multi-million dollar market! 📈 With blockchain, you could transfer your skins, weapons, and even entire game worlds between different games. Imagine the possibilities! 🤩
The Future is Symbiotically Bright
GameFi and IP licensing can totally revitalize gaming. It’s a chance to bring new audiences to web3 and give them the gaming experience they crave. It’s like a match made in… heaven? 🙏
Kin Wai Lau is the CEO of ZKcandy, the first mobile-gaming-focused Layer-2 ZKsync chain resulting from a collaboration
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2025-02-26 16:20