Websea executive emphasizes the necessity of player-centric games for Web3’s widespread acceptance

Web3 gaming is in need of more projects that focus on the players and provide a seamless onboarding experience to encourage widespread adoption, according to Herbert Sim, the COO of Websea, a hybrid cryptocurrency exchange. Sim emphasized that today’s Web3 games must have a sustainable economic model and prioritize the user experience. He also noted that both the GameFi and DeFi sectors are gaining institutional interest, which will further drive mainstream adoption. To support this, Websea Labs, Websea’s ecosystem investment institution, launched a $100 million fund dedicated to incubating GameFi and DeFi projects. Sim believes that the growing involvement of institutional players will contribute to the growth of both sectors. In terms of Web3 games, there is a rise in AAA-grade games that prioritize gameplay and offer high-quality graphics. One highly anticipated game is Star Atlas, a Solana-based space exploration RPG built on Unreal Engine 5. Despite being in development, Star Atlas has already garnered significant interest, with over 335,000 followers eagerly awaiting its release in separate modules over the next five years. Another example is the Web3 RPG game Big Time, which generated over $100 million in revenue during its pre-season without selling any tokens. The future looks promising for Web3 gaming, as it continues to evolve and attract more attention from players and investors alike.