Web3 Gaming: Breaking the Limits of Web2 Gaming

Before We Begin…

Before we begin with Web3 gaming, remember the time when we earned coins and harvested fields in FarmVille? But farms would all go away if the account is compromised or the server is down. This is an example of Web2 gaming.

Web2 games often rely on a centralized server to store player data, which can be problematic if the server goes down or is shut down. Players may lose their progress or even their entire account if the server is not properly maintained.

Let’s jump into the exciting world of Web3 gaming! Further in this article, we will provide a comprehensive analysis of how Web3 gaming solves issues like the one we discussed above and a few more that exist in Web2 gaming, and why Web3 is the future of gaming.

What is Web3 gaming?

But first, let’s understand what Web3 gaming is. In simple terms, Web3 gaming is the next generation that utilizes blockchain technology to create decentralized, transparent, and secure gaming environments. It provides gamers with complete ownership of their in-game assets, enabling them to trade or sell these assets for real-world value.

Problems in Web2 Gaming and How Web3 Is Solving Them

Are you tired of playing Web2 games and experiencing endless bugs, server crashes, and pay-to-win schemes? Fear not, my friend, because Web3 gaming is here to save the day!

• Third-party Data Selling: Web2 gaming, it’s mostly about money. Developers are constantly bombarding you with ads and pushing in-app purchases to stay afloat. And let’s not forget about those pesky bugs that always seem to ruin the fun. Web3 gaming has got you covered with its decentralized infrastructure. 
• Losing Game Assets To Game Owners: In Web2 gaming, players risk losing in-game assets to centralized game owners due to limited ownership and control. This may occur if the game shuts down or changes its policies, resulting in a loss of asset value.
• In Web3 gaming, the focus is on creating a fair and transparent experience for all players. With the help of blockchain technology, games like Axie Infinity and Decentraland are providing players with a new level of ownership and control over their in-game assets.
• Whole Game Can Go Down: Instead of relying on a single server that can go down at any moment, Web3 games are hosted on a network of computers, making them virtually immune to downtime.
• Cheating and Scams: Cheating and frauds are common in both Web2 and Web3 games but Web3 gaming is taking strides by using smart contracts and blockchain-based authentication, games like The Sandbox are able to prevent cheating and protect players’ investments. Whereas in Web2 players suffer bad consequences due to scams. 
• Decision-making Power in Games: Web2 gaming gives decision-making power to game developers and publishers, while players have limited input and control over the game’s development, distribution, and monetization. In Web3, players can influence game development and direction by voting on changes and contributing through community-driven initiatives (Decentralized Autonomous Organizations DAOs). 

The members of the DAO have voting rights on important decisions, such as which projects to fund, how resources are allocated, and how the DAO is managed through governance. Voting is done through mechanisms, such as token-based voting, or through off-chain mechanisms, such as signalling and deliberation.  

So, How Can You Identify A Web3 Game?

Here are some of the key differences between web2 and web3 gaming:

Why You Should Switch to Web3 Gaming Today?

1. Improved Security And Transparency:

Web3 gaming platforms use blockchain technology to create reliable and transparent records of game actions, establishing trust between players and developers. Smart contracts also help enforce rules and promote security and fairness.

2. Enhanced Ownership Of In-Game Assets:

Web3 gaming uses non-fungible tokens (NFTs) to give players complete ownership of in-game assets, unlike traditional gaming platforms with central control over items. This player-driven economy enables easy buying, selling, and trading of assets, fostering a vibrant gaming ecosystem.

3. Lower Fees And Costs:

Decentralized systems in Web3 eliminate intermediaries and reduce transaction fees, making gaming more accessible. Developers can create decentralized applications (DAPPs) that use cryptocurrencies or custom tokens for in-game transactions, fostering a more open and cost-effective environment.

4. Decentralized Governance:

Web3 gaming utilizes decentralized governance structures such as DAOs to give the community a say in platform development and asset management. This allows for a more democratic and fair gaming experience while ensuring power is distributed and shared among stakeholders.

5. Finance Market in Web3 Gaming

Web3 gaming, proven by companies like Axie Infinity, Decentraland, and Sandbox, is creating a positive financial market through disruptive gaming monetization models such as play-to-earn (P2E), and decentralized finance (DeFi) mechanisms. These enable players to earn cryptocurrency and real-world value through secure and transparent investment opportunities within the gaming industry.

Where to get the latest Web3 Games?

Following are the best-rated Web3 gaming platforms and their flagship games:

1) Axie Infinity – Axie Infinity is one of the most popular Web3 game. It allows players to collect, breed, and battle fantasy creatures called Axies. 

2) Gods Unchained – Gods Unchained is a digital trading card game that uses blockchain technology to ensure that each card is unique and owned by the player. 

3) Decentraland – Decentraland is a virtual world that allows players to build, explore, and trade in a completely decentralized environment. 

4) Splinterlands – Splinterlands is a trading card game that allows players to battle monsters in a decentralized environment. Players can earn rewards while playing and trade their cards on the marketplace. 

5) The Sandbox – The Sandbox is a virtual world where players can build, own, and monetize their gaming experiences. It is built on blockchain technology and offers players complete ownership of their in-game assets. 

6) CryptoKitties – CryptoKitties is a blockchain-based game that allows players to collect, breed, and trade digital cats. The cats are unique and cannot be duplicated, making them valuable to collect and trade. 

7) My Crypto Heroes – My Crypto Heroes is a blockchain-based game that allows players to collect, train, and battle historical heroes from around the world. 

Final Word:

So, if you’re tired of being swindled by Web2 games and want a more fair gaming experience, look no further than Web3 gaming. With its focus on decentralization, ownership, and security, it’s the future of gaming. And let’s be honest, who doesn’t want to be a part of the future?

In conclusion, Web3 gaming solves the issues that exist in Web2 gaming by utilizing blockchain technology to create a decentralized, transparent, stable and secure gaming environment. It provides gamers with complete ownership of their in-game assets. It also introduces new gameplay mechanics that are not possible in Web2 gaming, creating a new type of gaming economy where players can earn a living by playing games.

If you are a gamer or a game owner interested in exploring new gaming experiences and understanding how Web3 gaming can provide you with a better business approach, get a free consultation analysis session by Expedite Gaming & Design Studio.