According to Ken Timsit, the managing director at Cronos Labs, there are several promising trends in Blockchain gaming that can accelerate mass adoption. These trends include the use of non-fungible Tokens (NFTs) in Web3 games and the emergence of developers as experts in community management. Timsit also highlights the growing role of artificial intelligence (AI) in making games more interesting as a reason for optimism regarding mass adoption.
The Use of NFTs and Community Management in Web3 Games
Timsit believes that the best Web3 game developers have become experts in community management. They use NFT launches to convey a narrative and mobilize fans, showing a user-centric approach that helps new products find their Market quickly. Additionally, games are utilizing the latest technology trends, such as cheap application-specific layer 2 or 3 blockchain networks, to simplify the user experience. Developers are also exploring new NFT standards that allow players to lend game assets. Cronos Labs is supporting these game-specific requirements on the Cronos blockchain, and startups part of the Cronos Accelerator Program are building tools to facilitate developers’ tech stack.
The Role of AI in Web3 Gaming
Timsit acknowledges that game creators are using AI to make games more interesting. However, implementing AI in games is not straightforward, as it’s important to ensure that AI-enabled characters have distinct personalities. Large language models (LLMs) and generative AI are breakthroughs in 2022 and 2023 that may prove useful in enhancing gameplay. AI tools also enhance productivity for game developers, offering code auto-completion, language translation, and content moderation features. AI-powered conversations with non-player characters (NPCs) in games hold promise, provided there is compelling gameplay underlying the instructions given to the AI models. Timsit also speculates that AI-based user-generated content may be on the horizon.
The Potential of AI in Preventing Fraud in Web3 Games
Timsit recognizes the possibility of fraudulent practices in obtaining valuable in-game assets, given that blockchain games give users ownership of these assets. Gamers may resort to deploying bots to play the game and earn rewards. Timsit explains that large game companies have used AI-based prediction engines to combat bots, and other AI models are expected to be essential in detecting and preventing fraudulent behavior. However, Timsit emphasizes the limitations of AI models and warns against decentralizing AI. Decentralization could result in polarization within the AI landscape, similar to what is seen in the media and social media industries.
Cronos Labs’ Support for Web3 Game Expansion
Cronos Labs, the startup accelerator and ecosystem Development arm of the Cronos blockchain, offers programs to help founders find product-market fit and expand their communities. The Builders program provides technical and community building advice, introductions to key opinion leaders and other projects, and special promotions from various vendors. The Ecosystem Grants program provides financial support tied to user traction metrics. The Accelerator program offers a hands-on, 10-week curriculum to help startups speed up their product development and fundraising efforts.
The Role of Speculation in Web3 Games
Timsit acknowledges that speculation will always be an element of Web3 games because tokens and NFTs are fundamental to their functioning. Web3 technology allows for innovative and transparent reward mechanisms, making it easy to reward early game adopters and create transparent secondary markets for game assets. Timsit expects that Web3 will primarily focus on creating innovative and transparent reward mechanisms for gamers.
Conclusion
According to Ken Timsit, several trends in blockchain gaming have the potential to accelerate mass adoption. These trends include the use of NFTs, community management, and AI in Web3 games. Timsit also highlights Cronos Labs’ support for Web3 game expansion and the continued role of speculation in Web3 games. However, he warns about the limitations and potential biases of AI models and the challenges of decentralizing AI. Overall, Timsit remains optimistic about the future of blockchain gaming and its potential for mass adoption..
#Growing #Making #Web3 #Games #Hints #Accelerated #Adoption #Blockchain #Cronos #Labs
The Use of NFTs and Community Management in Web3 Games
Timsit believes that the best Web3 game developers have become experts in community management. They use NFT launches to convey a narrative and mobilize fans, showing a user-centric approach that helps new products find their Market quickly. Additionally, games are utilizing the latest technology trends, such as cheap application-specific layer 2 or 3 blockchain networks, to simplify the user experience. Developers are also exploring new NFT standards that allow players to lend game assets. Cronos Labs is supporting these game-specific requirements on the Cronos blockchain, and startups part of the Cronos Accelerator Program are building tools to facilitate developers’ tech stack.
The Role of AI in Web3 Gaming
Timsit acknowledges that game creators are using AI to make games more interesting. However, implementing AI in games is not straightforward, as it’s important to ensure that AI-enabled characters have distinct personalities. Large language models (LLMs) and generative AI are breakthroughs in 2022 and 2023 that may prove useful in enhancing gameplay. AI tools also enhance productivity for game developers, offering code auto-completion, language translation, and content moderation features. AI-powered conversations with non-player characters (NPCs) in games hold promise, provided there is compelling gameplay underlying the instructions given to the AI models. Timsit also speculates that AI-based user-generated content may be on the horizon.
The Potential of AI in Preventing Fraud in Web3 Games
Timsit recognizes the possibility of fraudulent practices in obtaining valuable in-game assets, given that blockchain games give users ownership of these assets. Gamers may resort to deploying bots to play the game and earn rewards. Timsit explains that large game companies have used AI-based prediction engines to combat bots, and other AI models are expected to be essential in detecting and preventing fraudulent behavior. However, Timsit emphasizes the limitations of AI models and warns against decentralizing AI. Decentralization could result in polarization within the AI landscape, similar to what is seen in the media and social media industries.
Cronos Labs’ Support for Web3 Game Expansion
Cronos Labs, the startup accelerator and ecosystem Development arm of the Cronos blockchain, offers programs to help founders find product-market fit and expand their communities. The Builders program provides technical and community building advice, introductions to key opinion leaders and other projects, and special promotions from various vendors. The Ecosystem Grants program provides financial support tied to user traction metrics. The Accelerator program offers a hands-on, 10-week curriculum to help startups speed up their product development and fundraising efforts.
The Role of Speculation in Web3 Games
Timsit acknowledges that speculation will always be an element of Web3 games because tokens and NFTs are fundamental to their functioning. Web3 technology allows for innovative and transparent reward mechanisms, making it easy to reward early game adopters and create transparent secondary markets for game assets. Timsit expects that Web3 will primarily focus on creating innovative and transparent reward mechanisms for gamers.
Conclusion
According to Ken Timsit, several trends in blockchain gaming have the potential to accelerate mass adoption. These trends include the use of NFTs, community management, and AI in Web3 games. Timsit also highlights Cronos Labs’ support for Web3 game expansion and the continued role of speculation in Web3 games. However, he warns about the limitations and potential biases of AI models and the challenges of decentralizing AI. Overall, Timsit remains optimistic about the future of blockchain gaming and its potential for mass adoption..
#Growing #Making #Web3 #Games #Hints #Accelerated #Adoption #Blockchain #Cronos #Labs
