What Are the Unique Features of Web3 Gaming?
Web3 gaming offers several features unavailable on conventional gaming platforms, such as enhanced control and transparency.
First, Web3 games provide high transparency since peer hosting ensures that players have access to all the information, without the need for a third party to restrict or conceal access. These games are readily available to players. Even non-tech-savvy individuals can easily purchase cryptocurrency and create a wallet to access the games.
Second, players have better ownership and control over their in-game assets, such as virtual land, currency, and characters. This is a significant advantage of blockchain-based gaming. Using Web3 technology, players can genuinely own and exchange their digital goods, which can have real-world worth, and have more influence over their gaming experience.
Third, web3 gaming generates novel in-game economies, and the players are rewarded for their gaming prowess while simultaneously introducing new monetization avenues. For instance, in P2E games, players can earn real money for in-game accomplishments, such as fulfilling quests, while playing. This may result in a more resilient and trustworthy ecosystem for players and developers.
Fourth, web3 gaming offers increased interoperability between games and platforms. Gamers are able to use their assets in a variety of contexts and settings, as well as simply move or trade them between games. Blockchain enables the provenance of digital assets to be traced. This allows developers and players to readily track the owners of certain assets and their transaction histories, resulting in increased transparency.
What Are a Few Examples of Web3 Games?
In the present Web3 gaming realm, there are numerous blockchain games, and each game has its own features and playing mechanics, but they all leverage the power of blockchain technology to offer creative gaming experiences that are impossible on conventional centralized gaming platforms.
The following are a few examples of Web3 games:
Super Snappy is a Web3 platform that offers free multiplayer games to play with friends, plus user profiles, a friend finder, groups, clans, achievements, an NFT marketplace, avatars, video, voice, and text messaging, and more.
The Sandbox is a virtual environment in which users can construct and commercialize their own virtual worlds, in-game goods, and digital currencies using blockchain technology.
In Conclusion
The future of Web3 gaming is exciting and promising, as it offers new opportunities for players to truly own their in-game assets and currencies, as well as new revenue streams for developers.
The use of blockchain in gaming has altered the business, democratizing it by removing centralized parties and providing new methods of monetization with more social and community-oriented game experiences, enhancing the social and entertainment components of gaming. Web3 games have the potential to generate new opportunities and revenue streams for the gaming industry, as well as deliver novel gameplay experiences.
In addition, as the technology and infrastructure for Web3 gaming continue to evolve, we can anticipate more inventive and engaging games, a rise in cryptocurrency payments, and more options for gamers and developers to join the decentralized gaming ecosystem.
Read More: Web3 Games 101 – LCX