Web3 Gaming Revolutionizing Content, Business, and Economics

Web3 Gaming Revolutionizing Content, Business, and Economics

Discover the rise of player-driven game economies in Web3 games and decentralized RPGs powered by blockchain technology and explore the history.

Video games continue to evolve over the decades and the 80s and 90s kids are a witness to it. Starting from arcade token games running on a pay-to-play business, now towards a decentralized gaming approach, the transformation is massive. The evolution of the gaming business was also evident in between where we saw home computers or home consoles making their way into the market. People bought boxed cartridges and the business continued as pay-to-play. Then comes the era of free to play where mobile gaming took off and swept the traditional gaming businesses. Now, we have web3 games which have shifted the focus toward players driven economies.

Olden Days Gaming Content and Business Practices

Back in the olden days, we had arcade games that were a massive hit. Gamers paid to play games like Pac-Man and the content was repetitive and grinding. Each arcade game was in its own individual machine and you had to pay to play your favorite arcade game. The trend continued with massive success as players came back to grind and replay their favorite games.

Then came the home consoles which brought a fresh change in the gaming business. The gaming business saw a pivot from token arcade gaming towards selling physical copies in the shape of cartridges. It also brought a change in the content as developers made games with expansive worlds and narrative-driven games. In the said era, Atari 2600 console was a super hit as it sold over 30 million units.

The next phase of evolution saw free-to-play games and the subscription model. These models had gamers’ attention owing to in-game seasons, new updates, and the rotating of games. Moving on, we have mobile games with millions of gamers playing games on a daily basis. These games rely on ad revenue and offer in-game rewards or boosts in exchange for watching ads.

Web3 Games and its Player-Driven Economy

The rise of player-driven economies is a new and exciting change to traditional RPGs. In these games, players are in charge of the game\’s economy, which makes the game more exciting and interesting.

The gaming industry is starting to follow this trend by giving players more control over the in-game economy to keep them interested and make sure they stick around for a long time. Games aren\’t just for fun anymore; they are now a place to make money. Items like characters, equipment, and materials can be made, traded, or sold within a game.

But making money is not the only point of a player-driven economy. It\’s also about realising that every part of the game is important and accepting that each player has different interests and roles. What some players might not think is important could be very important to others.

How Blockchain Technology is Making it Happen

In decentralised RPGs, player-driven economies are made possible by blockchain technology. It has changed the traditional business-to-consumer (B2C) model by adding peer-to-peer (P2P) transactions. Games used to make money only by selling in-game items to players, but now they also take a small cut of transactions between players. This is good for both developers and players because more trading means more money for both sides.

Tokenizing Web3 assets in-game is a fun way to add something new. Assets, whether they are interchangeable or unique, are turned into standard-format tokens that can be traded freely. This creates a single marketplace for crypto assets. Connecting a player\’s assets to their private key makes them more interested and involved.

Also, property rights are a key part of this model. Players own their in-game assets in a clear and fair way, giving them the freedom to do what they want with them without outside interference. This freedom helps create an open market economy in the game world, which encourages players to trade and compete with each other.

Community’s Role in this New Web3 Gaming Economy

In decentralised RPGs, the move to player-driven economies has led to the growth of strong player web3 communities. Players now support and invest in games, which is a big part of how they are made and when they come out. These communities not only help with money, but they also help with marketing in a natural way. The game economy encourages players to trade and work together, which helps them get to know each other and make friends. Also, developers encourage players to build decentralized financial tools within the game. This is in line with the goals of blockchain and cryptocurrencies. Overall, this paradigm stresses how important it is for the gaming industry to involve the community and be open to new ideas.

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Web3 Gaming Revolutionizing Content, Business, and Economics

Find our Best P2E Games list. All Games included with reviews and links to the game review page. Have Fun!

Binco The Genesis – Game Review

Binco The Genesis PT1 invites players to embark on a light-hearted adventure filled with hilarious encounters, unexpected twists, and satirical commentary. Binco is a 30-year-old boy and your mundane existence takes a drastic turn when he is unexpectedly taken away by a mysterious spaceship. Experience a visually stunning world filled with immersive gameplay, alien landscapes, and a compelling storyline. Unleash your skills, overcome challenges, and reveal Binco\’s secrets. Italian studio specializing in game development on The Sandbox Game using DAO, web3, and blockchain. They assist companies in transitioning to web3. Moreover, the studio is ready to collaborate with forward-thinking companies to explore web3 potential. They develop gaming experience in the metaverse of The Sandbox and the game is already online with a huge Tournament where the users can win NFT, tokens Sand, and much more.

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GetKicks: Move-to-Earn Game – Transforming Sneaker Passion into Crypto Rewards!

GetKicks is a pioneering Web3 app that introduces a novel gaming experience by combining sneaker enthusiasm with the emerging trend of Move-to-Earn. The game revolves around 3D NFT sneakers, known as Kick NFTs, and offers various modes to players. In Solo Mode, users can earn $LACE tokens by engaging in physical activities like walking, jogging, or running, making it accessible to all, regardless of NFT ownership. Club Mode encourages collective physical activity with friends, providing higher rewards based on the number of participants. PvP Mode introduces a competitive element, allowing players to stake tokens in battles against each other. Despite the novel concept, recent user feedback, as exemplified by Alex Simion, highlights technical issues like stamina issues and unresponsive buttons while playing. The community, represented by OktaGaming and Dhruv Prajapati, expresses positive sentiments, praising the Move-to-Earn concept, high-quality UI/UX, and the attractive step counting feature. One of the unique aspects of GetKicks is its Dual Deflationary Token Model, featuring two native tokens – $KICKS and $LACE. This token system encourages users to actively participate by crafting exceptional sneakers and showcasing their coveted Kick NFTs. The game introduces Marathon Tournaments, where players can register and compete for enticing prizes like tokens, Kicks, KickBoxes, or accessories. The Tournaments are divided into Weekly and Monthly categories, adding a competitive edge to the gaming experience. GetKicks aims to bridge the gap between sneaker enthusiasts and the Web3 space, forming partnerships with established streetwear and sneaker brands. The game emphasizes a transformative move-to-earn model, where physical activity translates into tangible rewards in the form of tokens. In conclusion, while GetKicks presents an innovative and promising gaming experience, users should be aware of recent technical issues reported by players like Alex Simion. The positive community response indicates potential, and ongoing updates may address these concerns, making GetKicks an exciting player in the evolving landscape of Web3 gaming.

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Sidus Heroes – Game Review

Sidus Heroes is a WEB3 cross-platform gaming metaverse with interconnected lore, a cryptocurrency token, unique Play-to-Earn features, and an all-encompassing value system. Sidus Heroes stands out as an innovative blockchain MMORPG because it combines AAA and WEBGL in a play-to-earn NFT ecosystem. AAA games have big budgets, which means that their mechanics and graphics are very advanced. Sidus Heroes, which is run by Babylon.js, GLSL, and SideFX Houdini, also has a 3D virtual world that is immersive and works on all devices. With WebGL integration, players can get great visuals without having to install extra plug-ins. Also, everyone will be able to play the game directly from the website, and there will be no geographical restrictions. In the Sidus Heroes story, people from different blockchain planetary systems, such as Bitcoione, Avalanya, Polygopus, Tronguan, and others, looked for refuge in the independent city of SIDUS. Also, their different looks, personalities, and armor reflect the planets they come from. Also, the NFT Heroes from the Genesis collection can be used as NFT avatars, to get into the SIDUS HEROES metaverse, or to take part in the NFT yield farming service. This utility has many uses that make the Heroes more interesting and useful in the game\’s ecosystem.

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vEmpire: The Beginning – Game Review

vEmpire: The Beginning is a revolutionary game that was a pioneer in the world of the metaverse. With properties and assets on all major platforms, vEmpire has been leading the way in virtual reality for years. But vEmpire is more than just a game. It\’s a decentralized autonomous organization (DDAO) that gives players the independence and freedom to make important decisions about their virtual world empire. vEmpire is a play-to-earn, two-player, trading-card, strategy game that lets players compete against each other to conquer territory using their troops. The game is set in the Roman folklore of Romulus and Remus, two legendary brothers who have spent a long time building their armies. In the game, the two brothers battle for the throne after their father\’s death. Romulus is the man of the people, while Remus is power hungry and will stop at nothing to seize the throne. Players must choose which army to join, and each clan has 51 cards at their disposal. Players must choose 25 cards, and 15 are automatically assigned to enter a battle. Join vEmpire: The Beginning today and conquer the metaverse for glory! vEmpire: The Beginning Tokenomics: The in-game token is called $VEMP and in order to enter a battle, they are required. Moreover, the amount $VEMP will decide your opponents and the earnings of that battle. However, there is also a free-to-play option in the game. It is a 3-round battle mode, and each next round is played with the surviving cards from the previous round. The game is simple but very tactical giving it an exciting experience of power show and earnings. Come and join the empire and rule together with the fraternity.

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