If you are a gamer, you might have noticed your fellow gamers or other game-based blogging sites or even YouTubers buzzing about NFT games. They call it Web 3.0 gaming. What is all about this new buzz? Since the boom of NFTs, few games have come and taken over the whole blockchain community. The popularity of those games bought gamers into the web 3.0 community. The gaming industry has been seeing a technological evolution for decades now. The future of the gaming industry, the new technological addition, and changes are creating a sensation in the community. What is this Web 3.0, NFT game, and everything that surrounds it? And what does it have to do with the future of gaming? Here is everything you should know.
What is Web 3.0?
Before starting with Web 3.0, understand the Internet you use today- Web 2.0. Web 2.0 is a technology that allows users to access content from the Internet and also allows them to post content. Previously in web 1.0, it was possible for the users to only access the Internet and gain information from the websites. The websites are governed by the company that owns the server. In web 2.0, the content the user post and receive is controlled in a similar fashion. This brought the question of data privacy, which eventually led to the third generation of Internet Web 3.0.
Web 3.0 is the third generation Internet technology that leverages machine learning, artificial intelligence, and blockchain to achieve complete decentralization. It is trying to bring out real-time human communication. The icing on the cake is that it allows individuals to own their data. In addition to that, the users will be compensated for their time spent on the web. Here began the concept of Play to earn, which you will learn in detail here.
An end to the pay-to-play era?
The gamer in you will know how much you like to flex the in-game item you purchased from your favorite game. The skills you have in the game, the reward points you get for that, and your overall ranking in the game are all a flex. Though the pay-to-play era came up entertaining a lot of gamers in the community, few still blame its backfalls. The unwanted ads in the middle of your game or asking you to pay to level up; there are a few things that interrupt your peaceful gaming time.
Maybe you don’t care about them, as the game you play doesn’t have ads to interrupt you or ask you to pay to level up. But you might have definitely come across a section where the gaming platform has a whole new range of in-game assets like accessories, weapons, weapon skins, new rewards, hints, maps, elixirs, potions, and more. But the thing is, only a few are free to use, and for most of them, you will have to pay with your fiat money through debit or credit cards.
That’s a part where gamers think twice before buying the item. Even professional gamer thinks a while before buying one. The items you purchase on these Pay to play games are playable on that gaming platform you buy. When you get bored of it, and that’s it, you eye on a new item which again costs you something. What about the money you have spent so far? This became a threat to these Pay to play games which gave rise to Play to earn.
The dawn of Play to earn
NFT games, Play to earn games, came into existence with web 3.0. The idea of rewarding users for their time and effort with the technology enlightened the game developers. They introduced the concept of minting the in-game assets as NFTs. With this, the gamer gets definite ownership of the item on the blockchain, which he can sell it again in an NFT gaming marketplace later.
So what about the reward you get for playing the game? Every time you win a game or even play the game, you get rewards in the form of crypto tokens. You can exchange these tokens and get fiat money for them. You can even rent your NFT game items when you don’t use them. You can own
This excited not only the gamers but also the game developers and crypto enthusiasts as well.
A threat?
Definitely no. NFT games are considered the new generation of gaming that will create a whole new gaming experience for gamers. Web 3.0 games, as inclusive as they are, still have barriers to entry that can be difficult to overcome for some players. But with a huge crowd of gamers moving into NFT gaming platform, this is nothing but a massive success now and in the future.
