1. Market Background

Since 2021, the Web3 games circuit has experienced rapid development. Features such as on-chain asset ownership, open economic systems, and decentralized governance have made Web3 games an important innovation direction for the traditional gaming industry. Data shows that the market size of Web3 games will be about $2.84 billion in 2022, and is expected to grow at a CAGR of 33.23% to exceed $50 billion by 2032. This growth is mainly due to the increase in the number of users, the innovation of business models, and the large-scale influx of capital.

Axie Infinity, as an early representative of Web3 games, attracted a large number of users through the "Play-to-Earn" model, and the number of chain game users increased from 80,000 in April 2021 to 1.33 million in October 2021, with an average monthly growth rate of more than 270%. However, as the market matures, the user growth rate of Web3 games has slowed down, and capital inflow and player activity have become more rational. In 2024, the number of active players of Web3 games dropped from 6.03 million in 2023 to about 1 million, reflecting that the market is no longer blindly pursuing the simple Play-to-Earn model, but rather transitioning to a more sustainable and playable model. This reflects that the market is no longer blindly pursuing the simple Play-to-Earn model, but is transitioning to a more sustainable and playable one. This change indicates that the Web3 gaming industry is undergoing an evolution from financial incentive-driven to content-driven and that a model that relies solely on pass incentives is difficult to sustain in the long term, while truly immersive, player-driven open worlds are the key to future development.

The early explosion of Web3 games proved the viability of blockchain technology in the gaming space but also exposed the limitations of the gaming model, such as the inflationary nature of the economic system, the lack of playability, and the over-reliance on speculative players. As a result, the industry has begun to explore more immersive, player-driven, decentralized, and persistent game worlds, known as Autonomous Worlds. Autonomous World is a virtual world that operates on the blockchain without centralized control. Its core features include the complete chaining of game logic and assets so that all game states, rules, and assets are stored on the blockchain without relying on centralized servers, ensuring the game's persistence and censorship resistance. Meanwhile, the autonomous world empowers players to create more, and players are not only the experience of the game, but also the creators of the game content, and can participate in the construction of the game ecosystem by contributing gameplay, roles, and items. Compared to the incentive model of early Web3 games that relied on the pass economy, Autonomous World forms a more sustainable economic system through the open market and player-driven economic cycle, avoiding the inflation problem brought by the Play-to-Earn model.

The all-chain game Dark Forest is a representative example of an autonomous world. The game relies on Zero Knowledge Proof (ZKP) and blockchain computing, all game states are recorded on the chain, and players can participate in the game using custom tools, AI robots, and other means, making it highly scalable and community-driven. Compared to traditional Web3 games, this autonomy not only enhances players' engagement and identification with the game but also demonstrates the true potential of a decentralized game world. In addition, the open economy attribute of Web3 games remains its unique advantage. The game NFT market size is expected to exceed $100 billion in the coming years, indicating that on-chain assets remain an important part of the Web3 game ecosystem, supporting the liquidity and value creation of game assets. With the trend of Web3 games moving towards autonomous worlds, SUMATI WORLD aims to break through the limitations of traditional Web3 games and build a truly immersive autonomous world for players. By combining AI Agent, Idle, ARPG, DeFi, and social functions, SUMATI WORLD creates an open and dynamic gaming ecosystem that enables players to personalize their avatars, explore the world, challenge quests, forge items, tame creatures, and form a unique on-chain asset system. Relying on full-chain NFT assets, a smart contract-driven economic system, an open-world exploration mode, and decentralized governance, SUMATI WORLD allows players to truly own and shape their own game world. In the process of Web3 games moving from Play-to-Earn to sustainable development, SUMATI WORLD has become an important force driving the industry toward a decentralized future through the combination of autonomous and open worlds.