If you’re a more casual or novice gamer, chances are you haven’t heard about Web3 gaming before. Web3? Is that like a new type of computer? Is that a new internet service provider? Honestly, you’d be forgiven if you didn’t know what Web3 actually is.
However, I would take a strong guess that many of what makes Web3 gaming the next transformative phase of gaming are things that you yourself, yes you, have already encountered.
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From games having a more content-based approach, to content originating from gamers themselves—these are all trends in the gaming community that underlie the principles of what makes Web3 great!
But, before we delve into Web3games and why and how it’s starting to transform gaming, we highly encourage you to visit joystickgames.com! They have the latest and greatest content on all things related to gaming, Web3games, virtual reality gaming, and a lot more. They regularly update their site to make sure you don’t miss any of the new innovations and important gaming news out there. Check them out!
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Now, let’s first answer the first and foremost question regarding Web3gaming.
What is Web3games in the first place?
Web3gaming, in a nutshell, is a way for gamers to fully own their in-game assets without the intervention of any central authority (like a bank or a government). It’s a virtual marketplace built for gamers and sustained by gamers, under the structure of blockchain and crypto technology.
Think of it this way, if you play a traditional game, the items and assets you collect over time are not really yours. They’re still essentially stored and owned by the game developer who made your game.
In Web3 Gaming, you are granted ownership of the in-game items you collect, usually as NFTs.
Now, this doesn’t just revolve around in-game items themselves. This system brings amazing benefits and positive changes to how gaming is done such as having a more decentralized gaming ecosystem, crowd-driven content, and play-to-earn possibilities.
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To give you a better idea of the great innovations that Web3 gaming provides, we’ll be exploring the different characteristics of Web3 Gaming that are poised to take the gaming industry by storm!
Let’s start!
True ownership of in-game digital assets
As mentioned earlier, gamers will now be able to have full ownership of the in-game assets that they acquire. This is big because it opens the door for new gaming experiences, and new ways to exchange items, and allows for in-game items to have real-world value to them.
The ownership of these items and assets is a central principle of Web3 Gaming, as it offers a gaming structure that is first and foremost gamer-centered. Gone are the days when games would be beholden to what made a profit and snotty large corporations, as the focus will now be shifted towards the people who actually love and play games themselves!
Crowd-sourced content and player-centered gaming
Because of the ownership granted to gamers, the concept of crowd-sourced content is going to be a big thing. The decentralized nature of Web3 games, as opposed to more traditional titles that are handled by game companies, will undoubtedly allow users to tailor to themselves a gaming experience that they know they’ll have fun with!
Popular games such as GTA V and Minecraft are just examples of how crowd-sourced content is a massive opportunity for success, as the players are given the freedom to create their own versions of games within the game itself.
With Web3 Gaming, this crowd-sourcing is taken to another level with the gamers owning the digital assets themselves! Through this, we can expect games that are truly out there for YOUR enjoyment as a gamer, and not just something that would fill the pockets of big brands and large companies.
The play-to-earn potential
As web3 games are going to be built on the blockchain, most of them will fall under the “play-to-earn” genre. Play-to-earn, as aptly put by its own name, are games that allow gamers to receive real-world value for playing the game.
This opens up a myriad of possibilities for gaming, not just in leisure but in business and job security. No longer would you need to be in the top 1% of professional gaming to earn a living from games! You would now just have to play Web3 Games and you can be on your way to earning some real money. In addition, you’ll have fun at the same time! And that, my friend, is a pretty good deal.
A more robust gaming marketplace
Last, but definitely not least, because Web3 Gaming utilizes in-game items as non-fungible tokens or NFTs, it will become a large contributor to building a more robust gaming marketplace overall.
No longer will you have to be playing in the same game to trade items or abilities, now you’ll be able to sell or exchange your in-game digital assets outside of the game itself! All you have to do is barter it within the virtual world and you’re golden!
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This system encourages a system of exchange that will make the gaming experience, arguably, a lot richer and full of fresh content.
Now that you’ve finished reading this article on Web3 Gaming, we highly encourage you to check it out and give it a try. Be a part of the movement that makes games for gamers themselves! Be a part of Web3 Gaming!
