The Importance of Sustainable Growth for Blockchain Games

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For Web3 Games and Apps, sustainable growth is crucial. It generates revenue and profits to fuel continued development and innovation while expanding their influence and visibility, attracting more users, investors, and partners.

To drive business development, Web3 Games must prioritize sustainable growth. By increasing user numbers and market share, they can generate more revenue and profits, enabling them to invest more resources into continuous growth and innovation. This sustained growth will also help these crypto game studios to expand their reach and visibility, attracting more users, investors, and partners to further promote their products and services.

Blockchain games must also expand their product and service range to meet changing user and market needs. Sustainable growth is essential to support their ongoing innovation and expansion, enabling them to succeed in the blockchain market and contribute to the blockchain game industry's overall growth.

Therefore, Web3 Games must prioritize sustainable growth as a core strategy, continually refining their growth strategies, products, and services to attract more users and investment, enhance their reputation, and remain innovative and responsive to changing market demands.

Blockchain company growth strategies

Increasing the DAU/MAU ratio

The DAU/MAU ratio is an important metric for measuring user engagement and app activity. To increase this ratio for blockchain games, companies can provide quality content and gaming experiences, offer rewards and promotions, strengthen community engagement, leverage blockchain technology, and establish multi-chain collaborations. Smart Platforms like Mirror World can enhance the DAU/MAU ratio by providing a seamless and secure user experience, fair gameplay, cross-game interoperability, and social engagement features.

Circulation of in-game items

The circulation of in game items in blockchain games is an important indicator of the game's economic activity. Increasing the circulation of virtual asset can lead to greater demand and development of the game's economic ecosystem. To achieve this, crypto gaming companies can offer enticing rewards, create active markets, establish diverse economic systems, utilize blockchain technology, and control the issuance of crypto assets. These methods can increase the value and usage of game tokens and in-game assets, leading to greater user participation and loyalty, and ultimately app growth for blockchain games.

Leveraging the Smart Platform by Mirror World can further enhance these efforts by providing a secure and seamless user experience, enabling cross-chain interoperability, and facilitating user engagement through social features and reward

Improving user retention rate

According to research by Mirror World, increasing user retention rate can significantly increase the long-term value of an application. For example, doubling the user retention rate from 25% to 50% can increase the long-term value of an application by over 100%. To achieve this goal, crypto game creators need to focus on user experience, encourage user participation, maintain updates and upgrades, provide quality customer support, and establish an active community.

Expand NFT Holder Base

NFTs are important game items and collectibles in blockchain games. The number of NFT holders indicates the game's user base. To increase NFT ownership, various methods can be used, such as increasing accessibility, raising awareness, lowering transaction costs, creating scarcity, and promoting use cases. These methods can help expand the NFT market and encourage more people to purchase and use NFTs in their applications.

Focus on Community Engagement

For crypto game development company, having an engaged community is crucial. The engagement of a community can be measured by the number of followers on social media platforms, and the level of discussion on community forums. If a game has a high level of community engagement, it indicates that the game has high influence and recognition within the community.

To improve the community engagement of Web3 applications, the following measures can be taken:

Provide attractive incentives such as reward tokens or other digital assets to encourage users to participate in community activities such as sharing content, posting comments, and participating in polls. According to a study, community activity rewards can increase user retention rates up to 80%.

Establish community participation channels such as social media, Telegram groups, and forums, to facilitate user communication, experience sharing, and feedback. Community participation channels should be easily accessible, easy to use, and encourage active participation.

Provide a high-quality user experience, including a user-friendly interface, fast loading speeds, and high-quality content. Users are more likely to stay in the application and engage in community activities if they are satisfied with the application's experience.

Establish and develop other blockchain game partners to promote and exchange users. This can increase user awareness and usage of the application, thereby increasing community engagement.

By implementing these measures, the community engagement of Web3 applications can be improved, which will help increase user participation and loyalty, laying a solid foundation for the long-term growth of the application.