Blockchain gaming has been gaining a lot of attention in recent years, with the promise of decentralized ownership and unique in-game assets. However, according to the Web3 director at Gunzilla Games, the biggest challenge facing this industry is the lack of new money coming into the system.

In traditional gaming, the majority of revenue comes from players purchasing in-game items or subscriptions. This money then goes back into the development and maintenance of the game. However, in blockchain gaming, the revenue model is different. Players can earn in-game assets through gameplay or purchase them from other players, but the money does not necessarily go back into the game’s development.

This creates a cycle where the same money is being circulated within the system, rather than new money coming in. As a result, blockchain games struggle to attract new players and generate sustainable revenue. This is a major hurdle for the growth and success of the industry.

The Web3 director at Gunzilla Games believes that the solution to this problem lies in attracting new players and investors to the world of blockchain gaming. This can be achieved through education and awareness about the benefits of blockchain technology in gaming, such as true ownership of in-game assets and the potential for earning real money.

Additionally, the industry needs to focus on creating more user-friendly and engaging games that appeal to a wider audience. This will not only attract new players but also encourage existing players to continue investing in the game.

Gunzilla Games is taking steps to address this issue by developing a new blockchain-based game that combines traditional gaming elements with blockchain technology. This game aims to appeal to both gamers and investors, creating a more sustainable revenue model for the industry.

In conclusion, while blockchain gaming has a lot of potential, the lack of new money coming into the system is a major challenge that needs to be addressed. By educating and attracting new players and investors, and creating more user-friendly games, the industry can overcome this hurdle and continue to grow and innovate.