2023 Predictions: The Year of Web3 Pets

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2023 Predictions: The Year of Web3 Pets
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Web2 pets never get out of the pet store, because your virtual Chihuahuas were still owned by the platforms where you created them. Web3 pets are yours and free to roam in 2023, says leah_cb. Opinion.

that combine blockchain with other tech such as AI, AR and extended reality to deliver new ways of interacting with virtual pets. Many PFP projects have pet-like qualities too, such as Pudgy Penguins, Cool Cats, CrypToadz, Sup Ducks and Moonbirds to name a few.

to grow from US $222.93 billion in 2021 to US $325.74 billion in 2028 — and how part of that spend could be captured by the virtual pet market since people were living more and more of their lives online.most who got into Axie from 2020 onward “Since our beta started, around 65% of our daily active users consistently choose to use their daily energy earned to upgrade their pet rather than taking an on-chain action to convert it to a token and be ‘paid to play’ like with typical Web3 games,” Chang told me via Telegram DM, adding that petcare games are a nostalgic game loop that are proven to appeal to a very wide demographic. “NFT pets are just a modern twist in that players can own the economy,” he said.

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