How could Web3 gaming develop going forward? If you ask somebody why you play games, they will give you an easy answer, “because games are great fun!” Although, the word “fun” has different meanings to different people. Web3, however, is in a very early stage. Still, many organizations are taking this opportunity very seriously. Many organizations are after Web3 game development companies to develop their gaming solution.
Why do we need Web3-based gaming?
The entire gaming landscape has changed after the arrival of Web3-based games. The Web3 gaming platform allows gamers to entertain the involvement of cryptocurrency, blockchains, and NFT (Non-Fungible Tokens). The usage of Web3 components, along with digital assets like NFT, has built specialized game mechanisms highly appreciated by gamers worldwide.
There is still so much to be done to explain how Web3-based games will transform the industry. The Web3-based industry needs the attention of the players that can come in handy to form a group of players where they can invest in digital assets like Bitcoin, Cryptocurrency, and NFT.
How Web3 games are different
There are plenty of games available that you can play online and offline, but when it comes to Web3, it adds more charm and decorum to the modern world’s graphical arena. From a gamer’s point of view, they would have vivid ideas about emotions, complexity, and intensity.
The evolution of the game’s complexity, visual effects, nature, and intensity can describe the real gaming world. You might stumble upon a Web3 development company that says, “decentralization would be a good word to describe Web3 gaming.”
The gaming market has a great future and is already moving on at a great pace. According to the latest gaming reports, Web3 will be the leading gaming platform shortly. That will also hold a market price cap of US $435 billion by 2028 for gaming in general. For organizations, it’s an easy way to look forward and find a development of Web3 games.
All the game developers are very passionate about building Web3 game engines that will be the future of gaming. Web3 gaming mechanism mostly requires it to be done through APIs that create the connection between the game and the blockchain environment. Generally, it provides an easy platform introduction when a group starts playing the game and uses the blockchains.
Web3 provides many benefits, including ease of integration, Non-Fungible Tokens, mobile-based optimization, and many alternate fundraising solutions through the token system.
Potential of blockchains and NFT in Web 3-based gaming
NFT is now becoming a new image of modern-age gaming, which is why Web3-based games are getting popular. We all know that in conventional gaming, gamers make purchases for unique objects provided by that particular game.
What are the key features of Web3 games:
- Blockchains enable asset ownership and digital scarcity
- Play and monetize your skills
- Gaming interoperability
Develop a bridge between the virtual and real game
Games created using Web3 are designed to create an interface between the physical and virtual worlds, allowing players to collaborate in a virtual world. For example, imagine you’re developing a partnership with Adidas in a game. In Web3 games, players can find magic boxes that unlock when they accomplish certain tasks. When they open the box, they may be amazed to find Adidas sneakers inside! This is similar to how non-fungible tokens (NFTs) work.
What are the benefits of Web3 games?
The gaming industry has changed revolutionary in the past 2 decades. The continuous process of development in gaming has provoked many organizations to jump into the modern gaming platform. Let’s discuss the benefits of Web3 games that deploy the most advanced tools and techniques that make them more entertaining.
Highly secure for players
You cannot imagine how beneficial Web3 games are. Unlike the traditional method of using credit and debit cards, there are no possibilities of fraudulent activities in Web 3.0. We all know that platforms like Apple, Google, Steam, and others charge up to 30% for the “Luxury” of selling games, which is too much.
Traditional gaming vs. Web3 gaming
Traditional gaming offers players to play with their in-game assets, while the Web3 gaming platform allows you to play while you can trade. This allows players to enjoy digital collectibles and be entertained with Web3 gaming services. Since the Web3 games run autonomously, the system is budget-friendly, and there is no downtime.
Web3 games are interoperable
Web3 games provide transparency on how distributed systems work. It also includes the authority to intervene from any control. Web3 gaming has negligible downtime that doesn’t allow a single moment to be missed.
Use of dApps
Using dApps and Web3 libraries helps developers interact with the blockchain network. Generally, Web3 games are built using the unreal or Unity platform. The role of Web3 has changed entirely once the connection is established between the non-EVM blockchain and EVM blockchain. There is a great future for the Web3 development company because it greatly helps develop a Web3 gaming platform.
The old-fashioned games have been mostly group-based games, where users can buy out items, objects, and stuff they want. The current age demands a community-led gaming platform where players can join each other. And instead of only playing a game, they can rejoice in the digital collectibles inside of play.
There have been several challenges in the gaming platform, but in the last two decades, the gaming market has reached its peak. Web3-based games are in demand, which lets you enjoy the high visual and graphical Web3 games and entertain you with value exchange models like NFTs.
Photo credit: The feature image is symbolic and has been done by Peshkova.This guest article has been submitted by Marco Shira. While we appreciate guest contributions, it's important to note that the views expressed by the author are not necessarily reflective of those held by TechAcute.