The Lessons From Hasbro Scandal And Navigating the Intersection of Gaming, Profit, and Community

The Lessons From Hasbro Scandal And Navigating the Intersection of Gaming, Profit, and Community

Play-To-Earn Games News, P2E Games News | 08 May 2024 10:25 UTC

Hasbro's Wizards division, which includes Magic: The Gathering and Dungeons & Dragons, was trying too hard to make money in web3 gaming world.

Early this year, toy and game giant Hasbro was in the middle of a scandal, and Bank of America kept its "Underperform" rating for the company. Hasbro's Wizards division, which includes Magic: The Gathering and Dungeons & Dragons, was trying too hard to make money, which was the main problem. The bank said that this plan could risk "destroying customer goodwill." It's strange when a bank publicly tells a big company not to try to make as much money as possible.

Here, the main question is how much well-known brands take their customers for granted as they try to make more money. This situation also shows the problems that Web3 gaming is trying to solve. In the Web3 gaming world, players are not just passive observers; they are also active participants, co-creators, and sometimes even co-owners of the gaming experience.

Hasbro's Missteps and Lessons

Hasbro's situation shows how bad it is to put making money ahead of keeping customers happy and what happens when you do that. The gaming community was very upset when the company tried to change a long-standing licensing agreement for Dungeons & Dragons. Hasbro's move seemed to be an attempt to make money off of an upcoming movie. Bank of America's criticism had some good points. It said that this move could cause the franchise to lose its passionate fans, who have been its lifeblood for years.

Hasbro may not have understood that some franchises, like Dungeons & Dragons, don't just belong to the company; they belong to the community as a whole. Over the years, D&D's open licensing agreement, which lets fans sell their own creations, has helped it grow into a thriving ecosystem.

If you try to change such an agreement without thinking about how it will affect the community, you might get pushback. In this case, the gaming community got angry and called for a boycott of the movie, which made Hasbro change its mind about the changes it wanted to make.

Tokenized Storytelling: The Future of Content Creation

The Hasbro situation also shows how tokenized stories are becoming more and more important in the gaming industry. Tokenized storytelling is a new idea that is getting a lot of attention and support. It changes how content is made and who owns it. It involves making decentralized content franchises that are owned by both creators and customers. Tokens, which are often based on blockchain technology, make this possible.

Tokenized storytelling is a big step away from ownership and distribution models that are centralized, giving creators and their communities more power. In this model, content creators are not just parts of a corporate machine. Instead, they are active members of a decentralized, collaborative ecosystem.

Tokenized storytelling fits in with the principles of Web3 gaming, which are based on decentralization, transparency, and community involvement. It gives both creators and patrons a more fair and rewarding model, creating a relationship that is good for everyone involved.

The Rise of Web3 Gaming

The mess with Hasbro is not an isolated event, but rather a sign of a bigger problem. Web3 gaming is growing quickly, and it's a big change from the Web2 games we're used to. From $4.6 billion in 2022 to $65.7 billion in 2027, the Web3 industry is expected to grow. The balance of power is shifting in favor of players and communities in Web3 gaming.

In traditional Web2 games, players are more or less customers of a centralized publisher's product or service. The relationship is based on a hierarchy, with the publisher making the rules and deciding how to make money and update the content. It's been criticized because it's all about making money and doesn't give players much choice.

On the other hand, Web3 gaming is based on decentralization, development by the community, and open-source technology. Players aren't just consumers; they're also active members of the gaming ecosystem. They have a say in how the site is run, how content is made, and how money is made.

In Web3 gaming, players are more than just players; they are also co-owners of the game and help make it. The balance of power has changed, and this is leading to new ideas and redefining the industry. Alien Worlds and Illuvium are two games that show this change.

Alien Worlds is a great example of how Web3 games are now more focused on the player. It is the most played blockchain metaverse in the world right now, which shows how popular it is and how much it stands for decentralized ideas.

Illuvium is another great Web3 game that takes the idea of player choice to a whole new level. This big, open-world 3D game is built on the Ethereum blockchain, and players take on the role of Illuvial collectors.

The Curious Case of Hasbro: A Story of D&D, Profits and Its Web3 Solution
The Curious Case of Hasbro: A Story of D&D, Profits and Its Web3 Solution

Play To Earn Games News 2023-2024

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FAQ: Hasbro's Scandal, Web3 Gaming, and Tokenized Storytelling

What was the scandal involving Hasbro in early 2023?

Hasbro, the renowned toy and game company, faced a scandal in early 2023. The core issue was Hasbro's Wizards division, responsible for iconic brands like Magic: The Gathering and Dungeons & Dragons, seemingly prioritizing profit over customer satisfaction. This scandal led to Bank of America maintaining an "Underperform" rating for the company.

How did Hasbro prioritize profit over customer satisfaction?

Hasbro's Wizards division attempted to alter a long-standing licensing agreement for Dungeons & Dragons, a move that appeared to be driven by potential profits from an upcoming movie adaptation. This change risked alienating the passionate fanbase that had sustained the franchise for years, leading to concerns about prioritizing profit over customer loyalty.

Why did Bank of America issue an "Underperform" rating for Hasbro?

Bank of America's warning stemmed from Hasbro's profit-centric approach, emphasizing the risk of eroding customer goodwill when a company's primary focus becomes maximizing profits at the expense of customer satisfaction.

What lessons can be learned from Hasbro's missteps?

Hasbro's situation serves as a cautionary tale, highlighting the detrimental consequences of prioritizing revenue over customer loyalty. It underscores the importance of maintaining a strong relationship with a loyal customer base, especially for well-established brands.

How did the Dungeons & Dragons community react to Hasbro's actions?

The Dungeons & Dragons community expressed outrage in response to Hasbro's attempt to modify the licensing agreement. Many felt that certain franchises, like Dungeons & Dragons, belong not just to the company but to the broader community. This led to a boycott call for the movie adaptation and compelled Hasbro to reconsider its proposed changes.

What is tokenized storytelling, and how does it relate to the gaming industry?

Tokenized storytelling is a concept within the gaming industry that represents a shift in content creation and ownership. It involves creating decentralized content franchises jointly owned by creators and customers, often facilitated by blockchain-based tokens. This approach empowers creators and fosters community engagement.

What are the advantages of tokenized storytelling?

Tokenized storytelling offers several advantages, including:

  • Ownership: Both creators and consumers have ownership stakes in the content, ensuring mutual interest in its success.
  • Transparency: Blockchain technology provides transparency, allowing users to verify ownership and authenticity of in-game assets or content.
  • Community Collaboration: Creators and consumers collaborate in a more equitable way, fostering a sense of community and shared goals.

How does Web3 gaming differ from traditional Web2 gaming?

Web3 gaming differs from traditional Web2 gaming in several ways:

  • Decentralization: Web3 gaming operates on decentralized networks, reducing the control of centralized authorities and empowering players and creators.
  • Community Engagement: Players have a significant say in the game's development, rules, and content, often collaborating with developers.
  • Blockchain Technology: Many Web3 games use blockchain technology for asset ownership and transparency.

Can you provide examples of popular Web3 games?

Certainly! Two notable examples of Web3 games are:

  1. Alien Worlds: This blockchain-based metaverse game emphasizes player participation and decentralized governance. Players can earn cryptocurrency by participating in the game's ecosystem.
  2. Illuvium: Illuvium is an open-world 3D game built on the Ethereum blockchain, where players act as Illuvial collectors and have significant influence over the game's development and direction.

How is the gaming industry evolving with the rise of Web3 gaming?

The gaming industry is undergoing a significant transformation with the rise of Web3 gaming. This sector is projected to grow rapidly, shifting the balance of power from centralized publishers to players and communities. Web3 gaming emphasizes decentralization, community-driven development, and open-source technology, fostering innovation and redefining the industry.

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Metagear - Game Review

Metagear - Game Review

Metagear is a play-to-earn game that combines the excitement of cyber sports with the thrill of car collisions, offering players the chance to earn rewards as they compete in high-energy matches. Developed by Rocket Studio, a subsidiary of Onesoft, in collaboration with Onepad technology, Metagear is the world's first pixel-based blockchain combat game. In Metagear, players can customize their cartoon characters and vehicles with accessories purchased from the in-game marketplace. The game is available on PC, Android, and iOS platforms, so players can enjoy it on their preferred device and take the action with them wherever they go. With its 2D animation and engaging gameplay, Metagear is a fun and immersive game that is sure to keep you entertained for hours. Join the ranks of devoted fans and experience the excitement of Metagear today. Metagear Gameplay: Metagear provides players with three default drivers at the start of the game, with the option to add more drivers with unique appearances and features as they progress. To participate in battles, players will need to purchase vehicle parts such as Chassis, Gadget, Wheels, and Weapons, which can be upgraded and traded on the non-fungible token (NFT) marketplace. With immersive gameplay and customizable characters and vehicles, Metagear is a must-play for fans of cyber sports and car collision games. Metagear offers a variety of gameplay options with four battle modes to choose from, including Quickfight (player versus player), Campaign Mode, Tournament, and Guild-building. The game is developed using BSC technology, which ensures the safety and security of the tokenomics. Players can enjoy immersive and exciting gameplay in a variety of modes and have peace of mind knowing that their progress and collectibles are secure. In Metagear, GEAR is the governance coin that can be used to participate in the campaign mode and purchase accessories for vehicles and characters. As players progress through the game and earn rewards, they can use their GEAR to enhance their gameplay experience and customize their characters and vehicles to their liking.

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Baby Shark Bubblefong Friends - NFT Blockchain Game - Review

Baby Shark Bubblefong Friends - NFT Blockchain Game - Review

In Baby Shark Bubblefong Friends, players must aim and shoot bubbles at a group of similarly colored bubbles in order to burst them and earn points. The objective of the game is to progress through various levels by matching the right sequence of bubbles and using special power-ups to clear them more efficiently. The game features a cast of adorable Baby Shark characters and is designed to be easy to pick up and play for all ages. It also incorporates blockchain technology and NFTs, allowing players to collect and trade unique in-game items. Those familiar with arcade games will absolutely fall in love with the game. Players can collect and trade NFTs featuring characters from the popular "Baby Shark" song and use them to boost their gameplay and earn rewards. The game is available on both iOS and Android devices, and players can earn in-game currency and rewards by completing levels and participating in special events. The developers of Baby Shark Bubblefong Friends aim to create an immersive and engaging experience for players of all ages. In addition to the traditional bubble-popping gameplay, Baby Shark Bubblefong Friends also includes NFT elements that allow players to collect and trade unique in-game items and characters. The game is built on a blockchain platform, which allows for secure and transparent trading of these NFTs. Players can also earn rewards for completing in-game challenges and participating in multiplayer matches. Overall, "Baby Shark Bubblefong Friends" offers a fun and engaging casual gaming experience that combines bubble-popping gameplay with the excitement of collecting and trading NFTs.

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Time Shuffle Game - Game Review

Time Shuffle Game - Game Review

Time Shuffle Game is a turn-based RPG set on the Avalanche blockchain, offering players a unique experience in a multidimensional time-traveling universe where heroes engage in battles across historical eras. TimeShuffle is an ambitious Play and Earn game that operates on the Avalanche Blockchain. It immerses players in a multi-dimensional universe featuring time travel, squad-based battles, and competitive player-versus-player (PvP) elements. The game places a strong emphasis on gameplay and aims to pioneer the Web3 Play and Earn gaming space by redefining traditional gaming norms. In TimeShuffle, players strategize in battles, evolve and crossbreed heroes to create powerful, one-of-a-kind super units, all while enhancing the value of their non-fungible tokens (NFTs). The Hero Skill Tree adds complexity through professions and AI-driven skill development. The Time Shuffle team boasts over 30 years of experience in the gaming industry and has received substantial support from Avalanche ecosystem partners. TimeShuffle aims to offer players an exciting time-travel narrative where historical figures like Einstein and Cleopatra evolve into formidable entities. Additionally, it introduces players to NFT and token elements within a free-to-play framework. The game's storyline is set in a future where time travel has become a reality, leading to a conflict between two factions. One faction seeks to reshape the past for personal gain and global domination, while the other strives to preserve the timeline. A breakthrough discovery by researchers, led by HEXAGON Corp, involving an ancient artifact with extraterrestrial elements and quantum particles, leads to significant advancements like flying cars, gene editing, and renewable energy sources. However, a rogue scientist from HEXAGON Corp abuses time travel to alter history for his own rule, sparking chaos as others join his quest for power and wealth. In response, HEXAGON Corp forms the "Time Keepers," an elite time travel unit tasked with thwarting the scientist's agents, known as "Time Breakers," and safeguarding the timeline. Gameplay in TimeShuffle promises to be user-friendly. Players find themselves in an alternate universe populated by intriguing replicas of historical figures, each possessing unique powers guided by TimeShuffle's advanced algorithms. Character breeding and fusion add depth as merged heroes grow stronger, offering limitless possibilities and potential NFT sales on TimeShuffle's marketplace. This dynamic system creates a wide array of NFT assets, heroes, and skill enhancements, ensuring an engaging journey for players. Strategy plays a pivotal role in both player-versus-environment (PvE) and player-versus-player (PvP) encounters, from base construction to soldier development and battle leadership. Gamers have the flexibility to engage in AI-controlled or real-time conflicts. The choice of faction at the beginning of the game influences in-game progress and fosters community competition. NFT holders can enter the PvP Arena and stake their assets in battles, adding an exciting competitive dimension to the experience. In terms of tokenomics, TimeShuffle's foundation includes the $TIMS governance token and the $GOLD in-game token. These tokens empower users to shape the game and its evolution through forum-based governance. The community response to TimeShuffle's alpha version and the introduction of gold skins for founders has been positive, with users expressing enthusiasm for the game's character design and features. However, it's important to note that the article does not specify whether the game has been released at the time of the review.

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Gran Saga: Unlimited - Game Review

Gran Saga: Unlimited - Game Review

The adventurous MMORPG flagship, Gran Saga: Unlimited game is an anime-inspired open-world game which is presented by METAPIXEL and powered by Aptos. Within Gran Saga: Unlimited's expansive virtual realm, players venture into diverse classes and roles, forging collaborations and competitions. This MMORPG transcends the screen by weaving personal experiences into its narrative, resulting in an evolving saga of player-driven intrigue and drama. In contrast to its precursor, Gran Saga, which offered a predetermined tale, GSU infuses reality, granting players a realm that extends beyond mere pixels. The experience is enhanced through cooperation and rivalry, as players band together for mutual success or vie for prestige and rewards. GSU ushers in an unparalleled MMORPG journey, where destinies intertwine and the metanarrative takes form.

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Striker Manager 3 - Game Review

Striker Manager 3 - Game Review

Enjoy the Nextgen of football manager video games, where the passion for football meets the innovation of web3 technology. Striker Manager 3 is a unique football manager game that offers players a whole new level of gaming experience. The game is designed as a Play to Earn multiplayer game that provides users with the chance to earn rewards while enjoying the fun of traditional online football games. In Striker Manager 3, players own their in-game NFTs assets, which they can trade and evolve for greater rewards. However, as the owner of your assets, you get to take possession of your plot of land in the game's world, where you can build and customize your club, team, and facilities to your liking.

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The Sprawl - Game Review

The Sprawl - Game Review

The Sprawl is a WEB3 simulation game that lets you earn money and pay bills while living a virtual life. Introducing The Sprawl is a huge Web3 sandbox city that takes you to a virtual world that is always changing and connected. In its massive multiplayer environment, every character you meet is a real player. This persistent city makes sure that your actions have long-term effects and that you move forward. Also, you can walk or drive around its many different neighborhoods, which range from gated communities to urban decay, trendy areas to suburban havens. If you have the money, you can make a place you love your home. The story is written from the first-person point of view. You wake up in the middle of a busy city in a run-down motel. When the sun comes out, it means the start of a new day. Hank, the rough motel owner, is waiting for you in the lobby. He tells you about a way to make money. He gives you the keys to his van and tells you to go to King of Zees and get a new bed. As you walk out, a jumble of tow trucks, speeding taxis, and smoking wrecks appears in front of you. After you get the bed, Hank will give you money and tell you to go to Garry's Cut'n'Shut to get cheap wheels.

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Hoppers Game - Game Review

Hoppers Game - Game Review

Hoppers Game NFT Game Hoppers Game is an idle game where players stake their Hopper NFTs in different adventures to earn $FLY. 10,000 randomly created, unique NFTs called Hoppers NFTs with on-chain Attributes will be used in the Hoppers Game. Hoppers are as lovely as they are practical thanks to yellowbrah's creation of over 120 hand-drawn assets with a variety of skins, backdrops, and features! Five levels of rarity, from Common to Legendary, will be available.

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Axie Infinity Game Review: Gamer Play Guide

Axie Infinity Game Review: Gamer Play Guide

Welcome to the enchanting world of Axie Infinity, where the blend of gaming and cryptocurrency creates an experience that's both financially rewarding and ridiculously fun. Picture this: cute, unique creatures known as Axies, each with its own set of stats and abilities, are waiting for you to collect, train, and battle in a vibrant digital universe. It's a world where strategy meets creativity, and where your gaming skills can actually turn into real-world earnings. Let's explore this fascinating crypto game that's captured the hearts of players globally! What Is Axie Infinity? A Brief Introduction to the Game: Axie Infinity, developed by Vietnamese studio Sky Mavis, is more than just a game; it's a thriving digital ecosystem. Based on Ethereum and Ronin blockchain technologies, it's a place where you can breed, raise, and battle fantasy creatures called Axies. Each Axie is an NFT (non-fungible token), making them unique digital collectibles. The game has garnered a reputation for its addictive gameplay, charming art style, and an engaged community that’s both friendly and competitive. The Unique Economy of Axie Infinity: What sets Axie Infinity apart is its player-driven economy. Players can earn in-game cryptocurrencies like AXS and SLP through various activities, which can then be traded for real money. This has created a whole new way of gaming where your time and effort can actually pay off. How to Play Axie Infinity: Starting Your Journey. To begin, you'll need at least three Axies. These can be bought from the marketplace, and each has its own set of abilities and traits. Think of them as your digital pets that you can train, breed, and battle with. Gameplay Mechanics: The game is a fusion of TCG (Trading Card Game) and RPG (Role-Playing Game) elements. You form a team of three Axies and engage in battles, either against computer-controlled enemies (PvE) or other players (PvP). Each Axie has four cards representing different abilities, and battles are a mix of strategy and luck. Modes of Play There are two main modes: Adventure (PvE) where you explore and battle against AI, and Arena (PvP) where you test your mettle against other players. Winning battles earns you experience points and in-game currencies. Making Money in Axie Infinity Yes, you read that right – you can make money playing Axie Infinity! By participating in battles and breeding Axies, you can earn tokens that can be exchanged for real-world currency. However, remember that the value of cryptocurrencies can be volatile, so there's an element of risk involved. The Community and Economy A Thriving Digital Society The Axie Infinity community is incredibly active, with players from all over the world participating in tournaments, sharing strategies, and trading Axies. It's a welcoming space for both newbies and veterans. Understanding the Economy The game's economy is built on supply and demand. New players need to purchase Axies to start, injecting fresh funds into the ecosystem. Veteran players earn by breeding and selling Axies or winning battles. It's a fascinating model of a self-sustaining economy. Risks and Considerations Volatility and Investment Cryptocurrency markets are known for their volatility. The value of your in-game earnings can fluctuate, so it's important to be aware of the risks involved in this type of investment. Time Management and Addiction As with any game, especially one as engaging as Axie Infinity, there's a risk of spending too much time playing. It's important to balance gaming with other aspects of life. Getting Started with Axie Infinity Setting Up First, you'll need to set up a digital wallet and buy some Ethereum. Then, purchase your starter Axies from the marketplace. From there, you can start exploring the different aspects of the game. Learning the Ropes The community is a great resource for beginners. There are numerous guides and tutorials available online that can help you understand the basics of gameplay, breeding strategies, and managing your Axies. Axie Infinity: Not Just a Game, But an Experience Axie Infinity is more than just a game; it's a gateway into the world of NFTs, blockchain, and cryptocurrency. It offers a unique blend of gaming, investment, and community, making it an intriguing prospect for anyone interested in the intersection of technology and entertainment. Final Thoughts Axie Infinity represents a new era of gaming where virtual experiences have real-world value. Whether you're in it for the fun, the community, or the potential earnings, Axie Infinity offers something for everyone. So, why not dive in and see what all the fuss is about? Remember, in the world of Axie Infinity, your digital adventures can lead to real rewards!

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Nova Battles - NFT Multiplayer Shooter - Game Review

Nova Battles - NFT Multiplayer Shooter - Game Review

Nova Battles is a multiplayer online shooter game that can be played for fun with friends or as a way to earn rewards. Whether you are just looking to have a good time or want to put your skills to the test in a more competitive setting, Nova Battles has something to offer players of all types. To play Nova Battles, players must first select a Champion, which is an avatar represented by a non-fungible token (NFT). There are many different Champions to choose from, and all of them are free to use. Once a Champion has been selected, players can participate in any game mode and on any map, competing against other players for the chance to emerge victorious. The Champions in Nova Battles are unique and powerful characters, each with their own distinct characteristics and abilities. These abilities can be used to support the primary Champion in battle, making the Champions well-suited to different roles and playstyles. Players can choose to engage in either PVE (player versus environment) or PVP (player versus player) combat, depending on their preferences. This adds an element of variety and replayability to the game, as players can mix and match Champions and game modes to create a wide range of different gaming experiences. After each battle in Nova Battles, players are rewarded with Battle Rewards for their actions and contributions. These rewards can take the form of in-game currency, experience points, and other valuable items. The Nova Battles ecosystem is largely driven by Nova Soul, an energy resource that players use while engaged in combat. Nova Soul can be purchased through various channels, including the Marketplace, and is often made available through sales and other special offers. Nova Souls can be obtained in a variety of ways in Nova Battles. Players can purchase them outright from the Marketplace, or they can rent or lease them for a shorter period of time. It is also possible to craft Nova Souls using certain items that can be obtained through gameplay or by trading with other players. This allows players to customize their use of Nova Souls and choose the option that best suits their needs and playstyle.

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Play To Earn Games: Best Blockchain Game List For NFTs and Crypto

Play-to-Earn Game List
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