New Trends in Web3 Game Venture Capital: Experts Analyze Product Implementation and Market Opportunities

The blockchain gaming industry is at a critical stage of development. Recently, two industry experts, Kevin Shao and Yawn, conducted an in-depth discussion on entrepreneurship, investment, and development trends in the blockchain gaming field.

In entrepreneurship, Yawn emphasized the importance of turning ideas into reality. He pointed out that a good idea needs to be thoroughly thought through and validated, and must be clearly articulated to others in a short amount of time. During the productization process, entrepreneurs should be careful to avoid frequently changing tracks or having long periods without product releases. Yawn also mentioned the three major challenges of product, management, and market, particularly emphasizing the importance of Token economic model design, team management, and capturing user attention.

Kevin pointed out that the financial attributes of blockchain provide a cold start advantage for gaming projects, and community management is crucial for acquiring funding and a user base. He also reminded entrepreneurs to pay attention to the balance of the game economic system and to learn from the experiences of traditional games in maintaining ecological balance.

In project management, Yawn shared experiences from two projects, StepN and Gas Hero. He emphasized the importance of community management, user segmentation, and establishing feedback mechanisms. The Gas Hero project attempts to build a completely new social structure, incorporating more elements of social interaction and power dynamics.

Regarding the current investment environment, Kevin believes that the market is in a bottoming-out phase and is relatively friendly to entrepreneurs. He suggests that entrepreneurs focus on team building, seek partners with industry experience, and carefully consider financing positioning. Yawn emphasizes the importance of KOL investment and the necessity for products to become the market focus in a short period.

Looking to the future, both experts maintain an optimistic attitude towards the Web3 gaming industry. Kevin believes that gaming is still the most likely track to bring a large number of users to Web3. Yawn reminds entrepreneurs to pay attention to changes in the broader environment and create products that meet the needs of the times. They both agree that, although the market may still be volatile, the long-term development trend is positive. Entrepreneurs need to maintain confidence, focus on creating high-quality products, and seize industry opportunities.