The concept of Web3 has significantly altered numerous industries, including gaming. The Web3 game platform’s major objective is to provide players with distinctive, decentralised experiences. It allows them to truly possess in-game trinkets and stuff. In Web3 gaming, gamers can use cryptocurrencies and NFTs to play for cash.
It decentralises gaming by granting players power over a central figure within a simulation. In addition, it makes voting and decision-making more democratic and makes gaming more really player-driven.
Let’s investigate Web3 gaming further to discover its potential and the underlying technological stack now that we are familiar with the concept.
5 Notable Web3 Gaming Features
Web gaming is based on a value-exchange gaming concept that allows players to accumulate and trade in-game items. These are kept and sold utilising cryptocurrencies in the form of NFTs. Web gaming provides self-sovereignty and decentralisation in gaming and is open-source. The following are five standout characteristics of Web3 gaming platforms:
Interoperability and self-sovereignty
The main benefits of Web3 gaming are ownership and interoperability. The self-sovereignty it provides enables users to fully own in-game items and collectibles in the form of Non-Fungible Tokens (NFTs). Players might also own collectibles and in-game items in older video games.
If they switched to another gaming platform, they would forfeit everything, though.
This problem is solved with Web3 gaming, which provides genuine ownership and platform compatibility. Web3 gaming enables players to further transfer their in-game possessions and treasures to the following platform.
Integrating older games seamlessly
The advantages that Web3 offers go beyond the games that are now being created. The seamless conversion of legacy game models onto metaverse and blockchain platforms is a remarkable feature of Web3 gaming.
This enables us to decentralise and personalise more traditional game formats. To put it another way, each player has a favourite game. Players will be able to customise their avatars and trade their preferred in-game items and artefacts when classic and well-liked titles are expanded to the metaverse.
Web3 gaming aspires to create a player-driven game ecosystem and promises customised gaming experiences. The players can take use of a wide range of advantages. Beginning with the fact that players can profit from their in-game assets, the play-to-earn component efficiently encourages gaming.
Additionally, it makes it possible for old-game integration, which updates players’ favourite old games in the metaverse and provides the best of both worlds. Web3 gaming also offers self-sovereignty, which is very advantageous to the players and another major benefit.
Web3 gaming delivers substantially less downtime, which is a great advantage. This is so that these gaming ecosystems can operate independently with almost no maintenance or outside interference. This advantage also results from a decentralised ecosystem. Web3 gaming is very scalable and has much lower downtimes because of block mining and huge game data storage capacity.
Web3 gaming, which is fundamentally a distributed process where games are housed on the blockchain, is at its core decentralised. They are hence very safe and impenetrable. It also doesn’t have a single point of failure throughout operation. Voting consensus is necessary to change the game process in the blockchain-based gaming ecosystem. Web3 gaming promises a far higher level of transparency because it is equally accessible to all players currently connected to the network.
Web3 Game Development Company uses blockchain technology to provide players the chance to voice their opinions on when and how the game should progress.
Gaming does undoubtedly provide the gaming business some amazing advantages. How does it accomplish it, though?
What kind of technological framework is used to create Web3 games? Let’s investigate.
Web3 Gaming’s Technical Stack
Consider the tech stack needed to create a Web3 gaming platform:
Web3 libraries with dApps: Both users and game creators utilise these libraries to communicate with the blockchain platform. These libraries and dApps are necessary for the in-game transactions and resources. They also facilitate communication using smart contracts.
Smart Contracts: Smart contracts are used in Web3 gaming to oversee and control various game activities. They are also utilised in the voting and decision-making processes for game updates. The most used tool for creating, deploying, and compiling smart contracts is Remix IDE.
Node/Web3 providers: The blockchain network’s node/Web3 providers are used to extract gaming-related data. Nodes facilitate communication between Web3 libraries and smart contracts, making them a crucial component of the Web3 development stack.
Digital Wallets: Every Web3 gaming platform features a blockchain-based digital wallet that uses the specific wallet address to identify participants. These wallets serve as storage for gaming valuables and in-game items.
XR Hardware: Extended reality (XR) hardware consists of items like smart glasses, haptic gloves, scanning sensors, etc. To generate immersive gaming experiences, they play the role of connecting the gaming ecosystem with the metaverse.
In conclusion, Web3 gaming is a remarkable development that, by fusing blockchain and metaverse technologies, will fundamentally alter the game landscape. It will successfully decentralise and democratise the industry by getting rid of centralised game administrators and platform owners.