Elympics Survey Reveals Factors Driving Web3 Adoption

A brand new survey by Elympics carried out on September 7 to 10 has highlighted key elements influencing the adoption of web3 gaming.

The examine, which surveyed almost 1,000 international players, discovered that social platforms equivalent to Telegram and aggressive gaming fashions are central to web3’s rising enchantment.

With monetary incentives and quick access driving curiosity, web3 gaming is steadily gaining traction amongst a various group of gamers.

What did the survey reveal?

In keeping with the survey, 79% of respondents interact with video games every day, with greater than half (54%) selecting to play by way of social platforms like Telegram. Cellular apps, together with FC Cellular and Brawl Stars, additionally play a big position, utilized by 16% of players. This information factors to the significance of accessibility and seamless onboarding as essential drivers for web3 gaming adoption.

Probably the most vital findings is that 42% of respondents are primarily motivated by the chance to earn cash via gaming. Moreover, 65% of gamers cited the aggressive nature of video games, particularly “compete-to-earn” mechanics, as a significant draw. One other 14% pointed to neighborhood engagement as a purpose for his or her continued curiosity in web3 video games.

“We’ve seen a transformational shift within the gaming business, powered by blockchain know-how in recent times. Nonetheless, whereas know-how has developed it has failed in a single vital aspect – web3 video games onboarding has been too advanced for lots of the most avid players,” mentioned Tom Kopera, COO of Elympics. “Our analysis reveals that with the entry of social platforms equivalent to Telegram into the web3 world and the expansion of talent video games with cash competitions which can be community-driven, we’re seeing the beginning of mass adoption by gamers world wide. Players get pleasure from successful via competitors and so we construct video games that meet this want. We consider blockchain gaming will create a extra aggressive and rewarding ecosystem, reworking cellular gaming from mere leisure right into a dynamic a part of our digital lives.”

While many are embracing web3 gaming, the survey additionally highlighted obstacles to additional adoption. Amongst those that haven’t but engaged with web3, 11% cited the complexity of utilizing cryptocurrency, significantly wallets, as a barrier. There was additionally dissatisfaction amongst some respondents with the standard of accessible web3 video games, indicating room for enchancment on this space.