Despite previous criticism, blockchain gaming remains crucial for building a strong player base, according to GameFi executives.

The approach involves using airdrops and incentives to attract players, a strategy advocated for its effectiveness by industry leaders.

Kieran Warwick, founder of Illuvium, highlights the simplicity and efficacy of leveraging tokenomics for gaining a competitive edge.

While tokenomics can contribute to a game's popularity and player base expansion, the ultimate determinant of success lies in delivering an engaging and enjoyable gaming experience.

Strategies focusing solely on financial incentives cannot substitute for the enjoyment and entertainment value that games should provide.