Exploring Azra Games NFT Strategy in Gaming

Exploring Azra Games NFT Strategy in Gaming


Azra Games founder and CEO Mark Otero emphasizes the importance of focusing on gameplay rather than crypto elements in Web3 games, stating that games need to be so good that people adopt them for the gameplay, not for NFTs or in-game tokens.

Blockchain Tech gaming company Azra Games is taking a different approach to Non-Fungible Token (NFTs) in Web 3.0 games, focusing on the gameplay itself rather than the cryptocurrency elements. 

In a recent interview, Azra Games founder and CEO Mark Otero stated Web 3.0 games must be so good that people adopt it for the gameplay not for Non-Fungible Token (NFTs) or its in-game tokens.

” Web 3.0 is not at the foreground or forefront of the players’ experience,” he stated during a recent interview with Decrypt. ” In reality, we need build a game so good people don’t care. And they shouldn’t know they are playing a Web 3.0 game.”

Otero also mentioned that the Web 3.0 elements of a game should reveal themselves only after players ” fall in love” with it, enhancing the user experience and bringing additional value to the game. 

He stated this unique vision was part of the reason Azra received financing from deal financial resources corporations like Andreessen Horowitz (a16z), NFX, Coinbase Crypto exchange Ventures, and Play Ventures.

Otero, a previous general manager at worldwide gaming giant Electronic Arts, established Azra Games in 2022 with the goal to create games that incorporate Web 3.0 elements like Non-Fungible Token (NFTs) and in-game tokens. 

The company has raised a total of $25 Million to date. Its latest fundraising round was in February this year when the company raised $10 Million at an undisclosed valuation. 

And once, the company stated it was working on a game was known Legions & Legends. “Legions & Legends is a chance for us to create something with a potential new business model for a new platform,” Otero said.

Otero is working with fellow entrepreneurs Sonny Mayugba and Travis Boudreaux. The company has likewise hired veterans from Financial resources Games.

Otero Shows Skepticism About Play-to-Earn Games

During the past few interview, Otero likewise expressed skepticism regarding the concept of paly-to-earn, a blockchain tech gaming mechanic where players earn cryptocurrency crypto tokens as bonus for completing tasks, winning battles, and competing against other players. 

He stated there are different player types. In the 1st place, there are traditional players who are looking for entertainment value and are “intrinsically motivated” to play a game. 

Nonetheless, cryptocurrency native players have different motivations. Reports by Otero, these players are often “extrinsically motivated,” meaning they seek to earn money in return for playing a game. 

“Our philosophy has always been gameplay, entertainment value, and fun first. Period. Why? Because that is sustainable.”

Otero’s statement comes as blockchain tech games have seen a sharp drop in the number of users and volume of trading in the previous couple of months. 

 

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