Looking to gain XP in Web3 gaming? megdematteo breaks down the tools that gamers, artists and creatives can use to get started and what the future of the industry might look like.
“I still see Web3 gaming as being very early,” said Roshni Cox, chief operating officer at Hellebore, a blockchain-based game studio. “Anyone that's involved now is helping to shape it.”
It’s clear that there is an institutional interest in building out the Web3 gaming sector, though brands will need to come up with solutions to better bring existing gamers into the fold. Today’s gamers, artists, creatives and influencers should start learning about blockchain-based gaming to stay ahead of the curve, and even taking small steps, like setting up a crypto wallet, can help interested parties become more familiar with the budding technology.
Ahead are some takes from industry experts such as Yat Siu, co-founder and executive chairman of leading blockchain game publisherWeb3 gaming is an umbrella term to describe games that use cryptocurrency, NFTs or blockchain technology to augment the user experience. The goal of these blockchain-based projects is to empower players and offer them more control over their digital identities and assets.
In theory, Web3 games can have the same appeal as other types of video games like massively multiplayer online role-playing games , puzzle games and strategy games. But blockchain technology helps to propel those games forward by offering cryptographically secured payment rails and verifiable ownership over digital in-game assets through NFTs.
“Web3 doesn’t really change the quality of the game,” Siu said. “It shouldn’t change how the game should look or why the game is exciting. All it does is open up the ability to have new financial systems in the game.”Web3 gaming is still nascent, but over the past few years, several popular categories of have emerged, each using blockchain technology in unique ways:, Play-to-earn rewards users with cryptocurrency or NFTs for gameplay.
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