As blockchain games gain wider adoption, three out of four game developers expect to work on Web3 game projects in the future, according to a recent survey.

Blockchain entertainment company Coda Labs commissioned a survey targeting game developers to give a sneak peek into their thoughts on Web3. The researchers found that the majority of respondents believe Web3 games are on their way to their companies, with 75% expecting to work on Web3 projects in the future.

Apart from this, more than half of the survey participants believe that Web3 will revolutionize the gaming industry. 40% expect Web3 implementation will bring in more new users, while 36% believe Web3 integration will enable games to better retain users.

Sekip Can Gökalp, Founder and CEO of Coda Labs, commented on the survey results, stating that while the potential for Web3 games is being discussed, the upside for developers is clear. It is to explain:

“This survey shows that the majority of developers have already immersed themselves in Web3 game development, driven by benefits such as additional funding, new revenue streams, and player retention.”
In addition to acquiring and retaining new users, a number of developers are also realizing that Web3 brings in new revenue streams. 47% of the survey respondents highlighted that one of the main benefits of Web3 is non-fungible token (NFT) sales, while 43% believe in crypto-tokens as a source of additional revenue.

However, not everyone is convinced that Web3 is here to stay. The survey results also show that 32% of respondents think Web3 games are just a fad and won’t be around for long.