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Does a 'Web3' game need to lure players with profits?

It's certainly not false to say that a 'web3' game doesn't need to lure players with profits. It can just not do that; but if that's the plan why bother with the 'web3' bit?

How many gamers are playing Web3 games?

Kan said that web3 gaming has a long way to go -- while there are about 3 billion gamers in the world, including those who play mobile games, he noted, far fewer have bought or interacted with any sort of blockchain-based gaming asset.

Is Web3 gaming a good way to monetize digital assets?

Kan sees there are countless monetization opportunities for digital assets in Web3 gaming. However, he believes a Web3 game would not last for long if it lures players simply to earn.

What is Web3 & why is it important?

Future articles will look at more specific aspects and use cases in greater depth. The core distinctive feature of Web3 is the decentralization of business models. To that extent, it marks a third phase of the internet (hence “Web3”) and a reversal of the current status quo for users.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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