Effects of Crypto Airdrops on Enhancing GameFi Experiences Explored
GameFi Founders Discuss the Challenges Around Crypto Airdrops
Kieran Warwick, the founder of Illuvium, shared that relying heavily on crypto airdrops as a marketing tool without a good product diminishes retention rates significantly. The expert emphasizes the critical need for fun gameplay to retain players long-term.
Long-Term Sustainability in GameFi Initiatives
Shi Khai Wei from LongHash Ventures stresses the importance of creating enjoyable gaming experiences beyond initial incentivization methods like airdrops. Crypto airdrops, while impactful on player acquisition, often fall short if the gameplay lacks engaging elements.
- GameFi initiatives face challenges in retaining players without solid gameplay.
- The influence of 'cryptocurrency incentives' on player retention and acquisition.
- Ongoing efforts in redefining airdrops in initiatives such as Saga and Pixels.
- The role of mainstream gaming talent in accelerating blockchain gaming innovation.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.