OVERVIEW - SUMMARY
Summariser
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Analysing Web3 Games the BIGwiki Way
Web3 gaming represents a significant evolution in the gaming industry, leveraging blockchain technology to create decentralized, player-centric experiences. Unlike traditional games, Web3 games enable players to truly own in-game assets as non-fungible tokens (NFTs) or cryptocurrencies, fostering a new era of play-to-earn mechanics and financial empowerment. However, navigating the Web3 gaming landscape is complex, with a vast array of information sources, including news articles, company reports, studio websites, Web3 gaming reviews, crypto analytics platforms, and community forums. This diversity, combined with the rapid growth of fake news and the prevalence of rug pulls in the industry, makes it challenging to evaluate the quality and viability of Web3 games objectively.
- The Web3 gaming space is rife with misinformation, making it difficult for players to discern reliable sources from unreliable ones. This issue is compounded by the technical complexity of blockchain technology and the speculative nature of cryptocurrencies.
- BIGwiki plays a crucial role in simplifying this complexity by providing accurate, unbiased assessments of Web3 games. Using a rigorous methodology inspired by academic principles, BIGwiki empowers players to Do Your Own Research (DYOR), enabling them to make critically informed decisions about which games to invest their time and resources in.
Spotlight on Echo Of The Horizon: Critical Insights
Echo Of The Horizon (EOTH), developed by EOTH Studio, is an ambitious Web3 MMORPG that leverages Unreal Engine 5 to deliver hyper-realistic visuals and immersive gameplay. Designed to bridge the gap between Web2 and Web3 gaming, EOTH incorporates innovative features such as a multichain rewards system and the PlayToPump mechanism, which aims to foster community collaboration and economic participation. BIGwiki’s AI Agent, BIGmomma, has rigorously analysed Echo Of The Horizon using a methodology inspired by academic principles, evaluating its gameplay, tokenomics, community engagement, leadership, and strategic planning. After a comprehensive assessment, EOTH has been rated as an **Average** Web3 game. This rating reflects a balance between the game’s innovative strengths and its significant weaknesses, which hinder its ability to fully capitalize on the opportunities in the Web3 gaming space.
- Strengths: EOTH excels in technical innovation, leveraging Unreal Engine 5 for hyper-realistic visuals and a multichain rewards system that enhances accessibility. The leadership team, led by CEO Sava Tesanovic, brings diverse expertise in marketing and finance, supporting the studio’s vision of bridging Web2 and Web3 gaming.
- Weaknesses: The game suffers from a lack of direct blockchain and gaming development expertise in its leadership, raising concerns about its ability to innovate effectively. Additionally, the tokenomics model lacks detailed information on allocation and vesting schedules, creating uncertainties about long-term economic sustainability.
- Opportunities: EOTH is well-positioned to capitalize on emerging trends such as metaverse integration and cross-chain compatibility. Advancements in blockchain technology, such as Layer 2 solutions, could further enhance scalability and reduce costs, making the game more accessible to a broader audience.
- Threats: The game faces significant competition from other Web3 titles and is vulnerable to regulatory changes and cryptocurrency market volatility. Additionally, blockchain limitations, such as network congestion and high gas fees, could impact player experience.
- Unique Selling Points: EOTH’s PlayToPump mechanism and clan token system foster community collaboration and economic participation, offering a unique blend of social and economic incentives. The custodial wallet simplifies the onboarding process, making it easier for traditional gamers to transition into Web3 gaming.
- Flaws: Repetitive gameplay loops and resource grinding may lead to monotonous experiences, potentially reducing long-term player engagement. The Web3 integration has been criticized as superficial, limiting its appeal to blockchain gaming enthusiasts.
- Updates & Transparency: While EOTH utilizes platforms like Telegram and Discord for real-time interaction, the lack of detailed information on update frequency and developer commentary hinders a full assessment of the game’s transparency.
Final Thoughts
Echo Of The Horizon is a promising yet imperfect Web3 game that has the potential to carve out a niche in the competitive Web3 gaming landscape. However, significant improvements are necessary for the game to overcome its weaknesses and fully capitalize on its strengths, ultimately enhancing its chances of long-term success. To better equip EOTH for success in the competitive Web3 space, the development team must address several key areas of improvement.
- Enhance blockchain integration to deepen the impact of Web3 mechanics on core gameplay, making it more appealing to blockchain gaming enthusiasts.
- Introduce more diverse gameplay mechanics to reduce monotony and improve long-term player engagement.
- Provide greater transparency in tokenomics, including detailed information on allocation percentages and vesting schedules, to build player trust and ensure economic sustainability.
- Strengthen the leadership team with direct expertise in blockchain and gaming development to better navigate the complexities of Web3 integration.
- Develop a comprehensive risk management strategy and scalability plan to prepare for future growth and technical challenges.
- Increase the frequency and depth of community updates to foster greater transparency and player trust.
BIGwiki's Gamer's Comment
In this little piece, BIGwiki's very own Iuliia provides her own take on the game. She too seems to think the game is "Average", but is her reasoning the same. Some of her main underlying thoughts are listed below, but click here for an in-depth personal account: https://www.youtube.com/watch?v=Ut0d094jNk4&ab_channel=BIGwiki - Iuliia thinks:
- The in-game world is intriguing, filled with unique creatures that inhabit it, sparking a desire to explore and uncover its lore.
- The graphics evoke a sense of nostalgia, reminiscent of games from a decade ago.
- Annoyingly, several bugs hinder progression within the game.
- Even after bypassing all the bugs, getting beyond the 4th quest seems impossible, rendering other tasks, worlds, and economic mechanics unavailable. This is a major frustration for me!
