Aleksander Larsen, the co-founder of Sky Mavis, pointed out that play-to-earn does not work in its current state.
When asked about the relevance of P2E in 2023, the Sky Mavis executive admitted that the model is currently flawed. He explained that:
Zoe Wei, the senior business director at BNB Chain, echoed Larsen’s thoughts. According to the executive, further experimentation and analysis are necessary to make the token economies of most games sustainable. Apart from the NFT gaming models, Wei also commented on the topic of traditional game producers coming into the space. Wei believes that blockchain technology and NFTs have"undeniable benefits" for game producers and gamers. “We have already seen countless gaming studios venture into web3 over the past year, and this is a trend that will continue into 2023,” Wei added.
Pereira also mentioned that while Asian gaming firms are more public in their crypto push, western firms are also swooping in, but are"being more cautious with their PR." Nevertheless, the executive believes that the trend will continue.
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