In a survey, 45% of games industry professionals said that 'the metaverse concept will never deliver on its promise,' up from 33% last year.
"Metaverse" was such a potent pandemic buzzword that Facebook went so far as to change its name to"Meta" in 2021. And then, last year, Meta laid off over 11,000 employees. That may be one reason for a decline in games industry confidence that all this metaverse talk is going to amount to anything.
GDC's 2023 State of the Game Industry report, which summarizes the survey results, includes one respondent's six-point explanation for their metaverse skepticism. Here's a summary of their reasons, which GDC says"seemed to represent the voices of a significant majority of respondents." VR games need"environments dense with small interactables," but that's a new challenge for the games industry, which has historically focused on"core gameplay, graphical fidelity, networking, etc." It takes more energy to play VR games, so"overbearing" monetization strategies such as loot boxes and battle passes will be more likely to"exhaust" users.
Games industry opinions on the related topic of cryptocurrency and NFTs have shifted a little less, according to this year's survey. 5% of the surveyed developers said they used to be in favor of using blockchain tech in games, but are now opposed, and 2% said the opposite. 25% offered no opinion, and the rest said that they hold the same view they did a year ago: 12% remain in favor of using blockchain tech in games, and 56% remain opposed.
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