ImmutableX Founder: Game Development Lags Despite $18B in Funding

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• ImmutableX founder believes crypto game development lags despite colossal funding.
• Robbie Ferguson thinks a viral Web3 game would spark adoption and hysteria.
• The global crypto market cap reclaimed the $900 billion price point.

Robbie Ferguson, the founder of the leading platform for building crypto games, ImmutableX, said the Web3 game industry lags in development despite receiving over $18 billion in financing over the last two years.

Ferguson added that many Web3 games would launch in 2023 after hitting two or three years of development. He expressed that just one successful hit with about 50 million gamers could triple the number of Web3 userbase overnight.

$18B has been poured into web3 gaming in the last 2 years, but development lags behind funding significantly.Many will go live in 2023 as they hit 2-3 years in development.One moderately successful hit by Web2 standards (~50m players) will *triple* web3's userbase overnight.

— Robbie Ferguson