Delzar Khalaf on Web3 Startups: Growth Challenges, Demand and Financing in 2023

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Delzar Khalaf on Web3 Startups: Growth Challenges, Demand and Financing in 2023
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Web3 is ready to hitch its wagon to traditional gaming, leaving behind the worst of the crypto era

that want to expand beyond the speculative market. Web3 products also promise some forms of intrinsic value, tied to game growth or real-world usage. The initial stages of play-to-earn gaming and NFT trading hinged on tapping the crypto community. The moment was just right, coinciding with the biggest bull market in history. Quickly put together games gained overnight popularity, because they were promising relatively high returns.

The games that are standing out are also those that are simply playable. After a period of half-finished, buggy or non-existing games, now real studios are moving in with finished products. Improved technology, AI and a taste for quality games is helping to elevate top projects in the Web3 space. Now, .

For instance, Axie Infinity is using its previous wealth to bolster small teams, which are creating mini-games with increasing success.

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