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Yuga Labs is indeed preparing to create an open gaming world after acquiring the Unreal Engine creation platform, but in terms of actual progress, the pace is noticeably lagging behind. The originally planned large-scale blockchain game Metaverse ecosystem is currently at a stage similar to Decentraland's open world, with playability and retention rates falling short of expectations.
The fundamental issue behind this is quite realistic: the cost of self-developed games is too high, and the development cycle is long. To make the project last longer and truly form an ecosystem, it’s necessary to follow the community creation route. The Steam model has already proven the power of UGC, showing that turning users into content creators is often more vibrant than the development team working alone.
From the current pace, Yuga Labs has already realized this and shifting towards supporting player-created games is a rational choice. The two mini-games launched recently are more like testing waters and laying the groundwork; the real highlights should be in the subsequent UGC toolchain and creator incentive mechanisms.
Interestingly, Yuga Labs has ample financial resources, so it shouldn’t be stuck on execution efficiency. Speeding up is indeed an urgent matter, as the blockchain game track is highly competitive, and falling behind by even one step could mean being overtaken by later entrants.