2022 will be a huge era for the pay-as-you-play (P2E) game industry. The slightly weaker influx of capital and customers refers to the sharp drop in the price of blockchain technology games tokens and lower gamers-the sales market is still in jeopardy. And, with the aftermath of the FTX disaster pouring into every corner of the industry, on the surface, the development prospect of Play-to-Lain seems bleak. But take a peek under the engine cover, and these numbers tell us a different story: strong money this year has laid the foundation for a real "high speed" in 2023.

For many months, the continuous strong salary increase of Web3 Game personal Studio has been quietly introducing money to the society. In August this year, Uncage Studios raised $24 million, and in that month alone, Web3 Game individual Studios raised nearly $750 million. The trend continued until September, when turn Games raised $25 million, and in October, Halanda Interactive, Star chips and SkyWeaver earned $19 million, $30 million and $40 million, respectively. Last November, ThirdVerse raised $15 million for Web3 and virtual reality technology (VR) games

These figures directly contradict the plummeting asset prices and players' passion for the Web3 gaming industry. However, even if gamers and tokens are in jeopardy, venture capitalists still have a lot of leverage in the future development of blockchain games. Which studios will win in the coming year? What for?

Venture capitalists will not bet on investment, but on experience.

One factor that has been paid special attention to in recent months of equity financing is that most of the studios that received the funding did not conduct seed wheel or pre-seed equity financing. In turn, he used the tournament as.

Of course, there are exceptions to this standard. Some studios have successfully completed the seed stage or pre-seed stage. Even so, their founding team has a wealth of game work experience. For example, Ruckus Games recently raised $5.5 million in seed funding through a personal game studio founded by former Gearbox and Riot Games real estate developers. This shows that venture capital firms are working on studios with gaming experience-which is different from the early days of Web3 games.

In the early stages, many new Web3 games projects won strong funding, but there was no clear product presentation map, and no development experience team was established to achieve this goal. In fact, the YOLO days of late 2021 and early 2022 are long gone. Now, the funded studio has already achieved a certain degree of success in the development of Web3 games. Venture capitalists are now focused on the longer-term future, even in the next five to ten years.

Although the architecture is likely to look like a long time in the login password world, this dawn is normal for traditional gaming industry studios. The change in longer-term thinking also shows that studios have come to realize that some games also have expiration dates-project investment in game studios is a more effective approach.

How will the login password game change?

Looking at this pay rise and the trend of Web3 games, let's take a look at some ways to gradually build the future of the industry.

In that case, what will be the impact of all the pay increases years from now?

You can hope to attach great importance to the game. In September, DappRadar reported that ultra-casual mobile blockchain technology games brought more than 1.7 million users from Web2 to Web3 games in a week.

With this change going on, Web3 games seem very likely to become "popular". In the next five years, the personal studio index of the top 100 enterprise games in the world will include a strong block chain element studio.

Toast for a long-term game

We may not have seen the last large-scale price rise in the Web3 gaming industry in the past many months. The hot cycle time of Web3 games is officially in the past, and the interior space is in the "buidl" mode. This time, investors are interested in film companies that already play long-term games (puns).

This change in focus, coupled with more significant ups and downs in the blockchain application industry, will create more drivers and opportunities for P2E market builders in 2023. Players and donors have raised expectations, which will separate wheat from rice husks. Priorities in 2023 and beyond will focus on quality rather than total. In the end, whoever can create the best competition will win. So the game officially begins.

Corey Wilton. is the co-founder and CEO of Mirai Labs, the international gaming studio behind Pegaxy. A renowned speaker and play-to-earn thought leader, he began his first company within crypto in 2018, a customer support service designed to assist cryptocurrency companies with their customer service.