Fact or Fiction: Debunking 5 Web3 Gaming Myths
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Fact or Fiction: Debunking 5 Web3 Gaming Myths
The market expects Web3 gaming to grow from $4.6 billion to $65.7 billion, with 29 global gaming companies already investing in the sector.
Navigating Web3 tides with focused insightsSource: Immutable
Translation: Koala, Mars Finance
Think you know everything about gaming?
Since 2018, Immutable has been at the forefront of Web3 gaming. We've seen trends rise and fall, weathered market cycles, and witnessed the evolution of blockchain technology in games (we even built one of the earliest Ethereum games!).
Through it all, we’ve remained focused on one thing: building the future of gaming.
Now, Web3 is reshaping the gaming landscape—but myths and misconceptions still persist. It’s time to separate fact from fiction and uncover the truth behind the world of Web3 gaming.
Fiction: AAA studios are ignoring Web3 gaming
The belief that AAA game studios are overlooking Web3 gaming is completely false. While skeptics may view Web3 as a passing trend, industry giants like Ubisoft recognize its potential to transform player ownership, in-game economies, and cross-platform experiences.
Fact: AAA studios are making big bets on Web3 gaming
Major players are going all-in on Web3. Of the world's top 40 gaming companies, 29—including Sony, Ubisoft, and Epic Games—have already invested in this space. The market is projected to grow from $4.6 billion in 2022 to $65.7 billion by 2027.
This isn’t just talk. CCP Games raised $40 million for a AAA-level Web3 game, Sony is filing patents for cross-platform digital assets, and Epic welcomes blockchain games onto its platform.
With nearly $20 billion invested over the past four years and over 40% of the 380+ games on the Immutable platform launching in 2024, we’re witnessing the dawn of an entirely new era in gaming.
Fiction: You need to understand crypto to play Web3 games
Seed phrases, gas fees, and blockchain jargon—no wonder many players think they need a computer science degree just to get started. But that’s history.
The days of complex wallet setups and confusing crypto transactions are long gone. The technology behind Web3 gaming still exists, but now it’s hidden beneath user-friendly interfaces.
Fact: Getting into Web3 is far easier than you think
Web3 games are becoming increasingly user-friendly. Take Guild of Guardians, for example—it launched on app stores with a 4.9/5 rating and surpassed 30,000 downloads in just two days.
Players can enjoy the experience without understanding the underlying technology.
Immutable’s Passport has registered over 1.5 million users, making entry effortless. As one new player put it: “My brother had never tried a Web3 game before—he never wanted to write down his seed phrase. But he’s been playing Guild of Guardians, created a Passport account, and is now completely hooked.”
The focus has shifted from complicated setup to seamless gameplay. You don’t need to be a blockchain expert—just a player ready to experience the next step in digital ownership.
Players can jump right in without ever seeing the word “blockchain” if they don’t want to.
Fiction: Web3 games are just “pay-to-win” scams
While concerns about the over-financialization or “pay-to-win” mechanics in some Web3 games are valid, dismissing the entire category as a scam is an outdated and inaccurate view.
The reality is more nuanced. Games like Gods Unchained, Illuvium, and Parallel offer unique gameplay and economic models designed to benefit both players and developers.
Unlike pure “pay-to-win,” they allow players to create, own, and monetize in-game content and experiences.
Fact: Players can earn real money in Web3 games without spending a dime
Web3 gaming isn't just “pay-to-win”—it’s “play-to-own.” Your time, skill, and strategy can be converted into real-world value. This is a game-changer.
Take Gods Unchained: players earn cards through regular gameplay, which can be traded or sold for real money—no initial investment required.
The data speaks volumes. Web3 players in Gods Unchained trade over $130 per month and stay engaged for years. They play 24% longer daily than the top 25% of mobile gamers. This isn’t just engagement—it’s empowerment.
Guild of Guardians goes even further—players can start without any Web3 elements and gradually level up their Guardians to unlock Web3 features.
Want to see for yourself? Check out our $50 million Quest Rewards program and experience firsthand the real benefits of true digital ownership.
Fiction: Web3 games have poor graphics
Like traditional games, Web3 titles span a wide range of art styles and visual quality. From pixel-art indie games to AAA-grade visuals, the Web3 gaming world offers something for every aesthetic preference.
Advances in blockchain technology now enable richer, more complex game worlds and smoother gameplay. Major engines like Unity and Unreal Engine now support Web3 development, opening the door to visually stunning experiences.
Fact: Next-gen graphics are driving the Web3 gaming industry forward
Web3 games are pushing the boundaries of visual fidelity.
AAA-level Web3 MMORPGs like Space Nation Online bring console-quality graphics to the blockchain. Extraction shooters like The Red One, built with Unreal Engine 5, demonstrate how Web3 games leverage cutting-edge engines for breathtaking visuals.
Even strategy games are getting visual upgrades. Medieval Empires delivers an incredibly detailed historical world, proving Web3 games can deliver both strategic depth and compelling visuals. This commitment to quality isn’t limited to individual titles.
As Immutable co-founder Robbie Ferguson emphasizes: “The games we partner with must be high-quality enough that you’d want to play them even outside of Web3. That’s a critical standard.”
Web3 gaming isn’t just catching up to traditional games in terms of graphics—in many cases, it’s leading the next generation of visual experiences.
Fiction: Web3 games are only for crypto bros and NFT collectors
Many assume Web3 gaming is just a niche playground for blockchain enthusiasts. This classic stereotype misses the point entirely.
Fact: Millions of mainstream players are already playing Web3 games (are you?)
Web3 gaming is going mainstream—and the numbers don’t lie.
Immutable zkEVM alone has surged to nearly 2 million monthly active users.
Major players are flooding in. Netmarble, one of the world’s largest game publishers, is migrating its MARBLEX platform and three hit games to Immutable. Titles like Ni no Kuni: Cross Worlds and A3: Still Alive had over 1 million monthly active users in 2024 and generated more than $80 million in revenue.
It’s not just existing hits.
Secret Society, developed by former Disney and ClubPenguin veterans, and Baby Shark Universe, with over 10 million downloads, are also leveraging Web3 tech. Even sports games are joining in—former EA executive brought Somnis Rumble Rush to the Immutable platform.
The shift is clear: Web3 gaming isn’t just for crypto enthusiasts.
It’s for everyone who loves great games.
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