Summary
TLDR: Sébastien Borget of The Sandbox argued at NFT Paris conference that Web3 gamers are tired of token incentive models without actual utility. Players want access to core gameplay from the start, not just tokens. Industry needs to focus on digital ownership and economic incentives. Tokens can transfer ownership back to users and be used in ecosystem beyond games. Interoperable metaverse may require intermediary stage of transferring value between games.
Key Points
1. Web3 gamers are losing patience with games that deploy token incentive models without actual utility, leading to a shift towards projects with actual gameplay and utility for in-game tokens and NFTs.
2. The industry has course corrected too far away from promoting in-game tokens, focusing more on the idea that games just have to be fun. However, there is a push to pivot back to the core message of digital ownership and economic incentives for game developers.
3. Tokens can be used to transfer ownership of the gaming experience back to the users, allowing players to gain identities, reputations, and assets that can be used in other protocols beyond games, such as lending protocols and DeFi.