Challenges and Criteria for Success in Web3 Sinjin, founder of MAYG, recently shared his perspective on why most web3 gaming projects fail — and what it takes to build one that actually works. He explains that web3 game development is the most complex form of game building, requiring a team with deep, specialized experience. It’s not just about fundraising or community — it’s about building something entirely new from scratch. Key takeaways from his post: 🎮 Shipping games isn’t enough — teams must have shipped titles together and across industry shifts (console to mobile, paid to F2P). 🧠 In-game economies > tokenomics — web3-native knowledge helps with fundraising, but sustainable game design is a different challenge. 🏗️ Builders over execs — teams heavy on management but light on builders often fail before they find product-market fit. 🚧 Optimization ≠ innovation — success in the last gaming cycle doesn’t translate to the web3 context. 🚀 Vision is essential — the goal isn’t a seamless UX; it’s creating a game players actively want to break into. According to Sinjin, out of over 100 teams he’s seen since 2021, only a handful even come close to being equipped for the challenge. Read more here: