🎮 SEGA Enters Web3 Gaming | GAM3S Grid Weekly

Magic Eden Multi-Chain Wallet is live, Axie Origins kicks off Season 7, Xsolla launches Story3, Blocklords Exclusive $LRDS Airdrop, and more!

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GAM3S.GG
February 01, 2024

🔥 Top headlines from this week’s digest:

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📝 Global Games Market Expected To Hit $189 Billion In 2024

Newzoo's latest report unveils key insights into the gaming industry for 2024, including market forecasts and emerging trends. Discover what's in store for the gaming landscape this year.

What’s Going On Here? 

Market intelligence firm Newzoo has released a report projecting a positive trajectory for the global gaming market in 2024. The report provides insights into market forecasts and emerging trends in the gaming industry for the year ahead.

What Does This Mean?

  • Positive Growth: The global gaming market is expected to rebound and grow steadily in 2024, with estimated revenue reaching $189.3 billion.

  • Risk Aversion: Gaming companies are cautious, prioritizing sequels and established IPs over new projects due to the competitive market and the need for player retention in live-service games.

  • Subscription Service Slowdown: Growth in gaming subscription services is predicted to decelerate, reflecting changing dynamics in player preferences.

  • Return to Premium Games: Developers are shifting their focus back to premium (buy-to-play) games as they navigate market challenges.

  • Platform Shift: Mobile developers are moving towards PC and console platforms, driven by challenges in acquiring mobile users.

  • Upcoming Trends: Anticipated trends include the launch of a new Nintendo console, an Xbox mobile gaming store on Android, the influence of nostalgia on service games, selective use of generative AI in game development, and a rise in Souls-like games with open worlds.

Why Should I Care?

The Newzoo report provides valuable insights into the gaming industry's trends and prospects for 2024. Understanding these trends can be essential for game developers, publishers, investors, and anyone interested in the gaming market's dynamics. It highlights key areas of focus, from the return to premium games to the impact of nostalgia and the evolving role of AI in game development.

Read the full report breakdown here

✍️ Reviews of the Week

We entered and cleared dungeons in SERAPH and then travelled to a modern sci-fi society with tons of customization to truly be yourself in our two featured reviews:

Seraph's initial trailer generated excitement, and the open playtest revealed a stable and fun experience despite high latency on distant servers. Impressive graphics with detailed abilities and boss mechanics, though lighting could improve. Audio complements the game but the soundtrack is unremarkable. Gameplay is enjoyable for both ARPG enthusiasts and newcomers, but increasing boss battle difficulty would add excitement.

Xociety's late alpha stage playtest offered an enjoyable and stable experience, with minor graphics issues related to long-range character visibility. Sound design impressed, but additional ambiance in the main hub and improved character interaction sounds could enhance the experience. Gameplay analysis revealed stable performance and efficient hit registration, though more PvP modes and additional PvE worlds would be welcomed.

🎮 Fresh Games

From slashing and dashing as an Inu to roaming a post-apocalyptic world all guns blazing, check out the latest games added to our platform!

Katana Inu is an exciting web3 fighting game, offering a unique blend of battle royale and competitive match experiences with distinctive character NFTs.

Developed by Find Satoshi Lab, Gas Hero is an innovative multiplayer game set in a post-apocalyptic world, blending strategic gameplay with web3 elements.

🎙️Conversation of the Week

This week we spoke with Jon Hook - Co-Founder of PlayEmber - Justin Chevalier - Gaming Business & Partnerships Manager for Tezos - and Atif Khan - VP of Business at thirdweb - to discuss the latest happenings in web3 gaming with a focus on the following topics:

  • SEGA's Web3 Venture with DOSI: Explore SEGA's strategic move to introduce its intellectual property (IP) to the web3 space through a partnership with DOSI. Discuss the potential implications for the gaming industry and how it might shape the future of game development and player engagement in the web3 gaming era.

  • Mobile Gaming's Reign in Korea: Highlight the dominance of mobile games in South Korea's gaming market. Analyze the factors contributing to this trend and what it signifies for developers looking to enter or expand within this vibrant market.

  • The Ongoing Token Season: Delve into the continued interest and investment in gaming tokens. Discuss how this trend is influencing game development priorities, player economies, and the broader financial landscape of the gaming industry.

  • Gamee's Security Breach Incident: Report on the significant security breach at Gamee, resulting in a loss of $15 million. Examine the repercussions of this event on the trust and security measures in online gaming platforms and the steps being taken to prevent future incidents.

🎧 Listen to the full conversation recording here

📺 Video: Best 5 NFT Games from January 2024

January 2024 was a bustling period in the world of blockchain gaming. We dive into the top 5 web3 games of the month, each marked by significant releases, playtests, new features, and a wealth of content for players to dive into. So, let's explore what these games had to offer.

What was YOUR favorite game in January? Let us know in the comments section 👇 

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Until next time, happy gaming!