Blockchain-based video gameplay (decentralized play) is called Web3 gaming. It allows players to possess exclusive characters or cool weaponry from the game. It is a latest gaming form and attracts millions of players worldwide.
You can also utilize the characters and loot in other games when a game permits it. The best thing is that several methods exist to play these games and make real money.
Gaming is one of the several businesses that Web3 has wholly changed. This gaming evolution was expected since the birth of blockchain technology and Bitcoin 2009. Web3-based games provide players a significant change from conventional gaming platforms by enabling them to interact with the games in creative and decentralized ways.
NFTs and cryptocurrencies let people play to profit. This democratizes every facet of gaming and transfers player control from a single, central authority inside a game.
Offering advantages like asset ownership and interoperability, transparent gameplay, and token rewards, gaming has always been one of the most potential Web3 technology markets.
Still, acceptance and adoption are seldom easy journeys. After the crypto frenzy of 2021, which increased interest in Web3 games and play-to-earn in particular, some segments of the traditional gaming community retaliated, claiming problems like poor gameplay and NFTNFT 0.0% shills, degrading the experience.
What the heck is web3 gaming?
In this form of gaming, a central authority does not control decision-making and game asset ownership.
Blockchain technology is used to create these games, allowing players to suggest changes to the game.
Web3 lets players trade assets, use tradeable game tokens, and earn cryptocurrency while playing, shifting from pay-to-play to play-to-earn.
It creates fair virtual marketplaces where players fully control their in-game digital assets, often stored as gaming NFTs.
Thanks to interoperability, it also allows in-game assets and players to connect across different platforms.
The level of interoperability depends on the blockchain platform used, like Solana or Polkadot, which supports cross-chain communication.
Now that we understand Web3 gaming let’s explore its features in the next section.
What makes Web3 gaming unique?
It lets users own and sell in-game items as NFTs using cryptocurrencies. It is open-source, decentralized, and gives players control over their gaming experience. Key features of Web3 gaming include:
Ownership and Compatibility
Players can fully own in-game items and collectibles as NFTs, allowing them to keep their assets when switching gaming platforms. Web3 gaming solves the problem of losing items by enabling absolute ownership and platform compatibility so players can transfer their in-game items between platforms.
Old Game Integration
Web3 gaming improves classic games by integrating them into blockchain and metaverse platforms. Players can use their avatars and trade their favorite in-game items, enhancing the gaming experience by bringing old favorites into the metaverse.
Gamers Driving the Action
Web3 gaming adapts to players’ preferences. It offers benefits like play-to-earn, where players make money from in-game items, and old-game integration, letting them play their favorite games in the metaverse. Web3 also promotes player control and ownership.
Minimal Downtime
Web3 game ecosystems run independently with little maintenance and no government interference. The blockchain’s ability to mint blocks and store large amounts of game data makes Web3 gaming highly scalable with minimal downtime.
Gaming Transparency
Web3 gaming uses a distributed system with games hosted on unhackable blockchains. Changes to the game process rely on voter consensus, ensuring no single point of failure and high transparency.
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