The pace of innovation in the gaming industry has increased with the arrival of web3 gaming. Web3 games use blockchain technology to introduce revolutionary changes in the experience of players. The best web3 gaming platforms have been pushing the boundaries of gaming with a broad range of new advantages. Web3 gaming can also explore new opportunities for growth with the innovative advancements in blockchain.
You are more likely to wonder about the reasons for which web3 gaming would become a popular trend in gaming. The primary reason for which web3 gaming can gain momentum is the advantage of decentralization with blockchain technology. Web3 gaming also offers an effective platform for embracing the metaverse for interactive gaming experiences. Let us learn more about web3 gaming and some of the popular platforms for web3 gaming.
Understanding the Significance of Web3 Gaming
Web3 gaming is an innovative and emerging industry in which traditional games blend with decentralized technologies. The top web3 gaming platforms leverage decentralized technologies such as blockchains, smart contracts, NFTs and metaverse. The primary goals of web3 gaming platforms focus on ensuring transparency and player-centric gaming experiences. Web3 gaming has everything that can contribute to a major paradigm shift in the gaming industry.
Web3 gaming brings a decentralized approach to gaming which ensures that players could be the actual owners of in-game assets. Traditional games did not allow players to own the characters, skins or other assets within the game. The ownership of in-game assets in traditional games was completely at the discretion of the game developer team. If the game shut down abruptly one day, players would lose all the assets they had in the game.
The use of non-fungible tokens in web3 games can address the concerns of asset ownership. You must also note that the best platforms for web3 gaming use cryptocurrencies for monetization of gaming experiences. Players can earn rewards in the form of cryptocurrencies for their participation and achievements in web3 games. Decentralized Autonomous Organizations or DAOs are also an important addition in web3 games to ensure transparency in decision making for web3 games.
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Unraveling the Reasons for Popularity of Web3 Games
The growing popularity of web3 games can be attributed to the rising interest in blockchain technology. Web3 gaming platforms have offered evidence of the successful use of blockchain in the domain of gaming. Web3 games are the beacon of innovation in the gaming industry with some unique gameplay experiences. It is important to learn about the reasons that have contributed to popularity of web3 games to understand them better.
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Growing Adoption of Cryptocurrencies and NFTs
The rising use of cryptocurrencies and NFTs by the general public has opened new possibilities for adoption of web3 games. People are drawn towards the most popular web3 gaming platforms for the opportunity to earn rewards in cryptocurrencies and NFTs. Players can use their knowledge of cryptocurrencies and NFTs to access web3 games without any technical challenges.
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Innovative Content and Rewards
Web3 gaming has the potential to transform the conventional approaches to gameplay found in traditional games. NFTs provide new ways for players to interact with innovative content and in-game assets. Web3 games also offer the opportunity to earn actual rewards for participating in the games. Players would have real stakes in web3 games and the flexibility to capitalize on actual monetary rewards.
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Traditional Gaming Studios Want to Experiment
You must have noticed that most of the traditional games operated as walled gardens which you can explore without ever leaving the boundaries. The growing list of the best web3 gaming platforms has shown that traditional gaming studios are eager to explore blockchain technology. Apart from providing new gaming experiences, web3 games can enable developers to leverage new models for attracting collaborations and investments. Traditional game studios can offer the innovation of web3 with engaging experiences of traditional games in web3 games.
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List of Popular Web3 Gaming Platforms
Web3 games have attracted crypto enthusiasts and the broader gaming community with their diverse functionalities. The answers to queries like “What are the best web3 gaming platforms?” might lead you to multiple options. Some web3 gaming platforms have created a strong foundation for long-term growth with their immersive design. Let us have a glimpse of what you can find on the best web3 games that have been gaining popularity.
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Decentraland
Decentraland is one of the formidable additions among web3 gaming platforms that brought the world’s attention to web3 games. It is a virtual world built on top of Ethereum blockchain and allows players to buy parcels of land and other assets. Players have claimed that Decentraland is one of the best web3 gaming platforms that offers flexibility for customizing and trading virtual real estate. Decentraland serves as a promising example of creating virtual economies in web3 games.
The web3 gaming platform has evolved to support the creation and customization of avatars. Players can customize their avatars by using different accessories and costumes. Decentraland also offers the flexibility for trading assets, exploring the virtual environment and interacting with other players. The Security Advisory Board of Decentraland serves the advantage of community participation in decision making for the game’s future.
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Axie Infinity
The unique gameplay of Axie Infinity offers a blend of trade, breeding and combat. It can attract a broader spectrum of gamers with the support of a thriving marketplace. Players can earn rewards in the form of cryptocurrencies for their gameplay and contributions to the Axie Infinity world. The flexibility to breed and sell Axies in the game for cryptocurrencies is an interesting proposition for many gamers.
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Illuvium
Web3 gaming platforms such as Illuvium showcase the potential of web3 games to revolutionize the gaming sector. It is one of the top web3 gaming platforms that showed how web3 games can be more interesting than the existing traditional games. Illuvium works in a three-dimensional open world format and follows the role-playing fantasy battle game model. The strong foundation of Ethereum blockchain also improves the credibility of the game.
You can find creatures known as Illuvials in the game that have distinctive traits. Players can battle against Illuvials and capture them after beating. You would also have to help the Illuvials restore their health to make them valuable additions to the collection of players. The Illuvials in your collection can help in fighting battles against other players. Illuvium also offers the assurance of a DAO that supports governance of the game.
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Gods Unchained
Gods Unchained leverages NFTs for maintaining the authenticity and scarcity of digital assets in the game. It helps in enhancing the appeal and value of in-game assets for gamers as well as collectors. The element of decentralization in the Gods Unchained marketplace encourages transparency and trust in transactions.
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CryptoKitties
Players can create a new NFT that comes with unique traits defined on the basis of its lineage. CryptoKitties gained more popularity due to the sale of some NFTs at higher prices. One of the CryptoKitties fetched a price of almost $170,000, indicating the promising rewards associated with the game.
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Final Words
The outline of web3 games highlighted in list offered a clear impression of the benefits they offer to players. You can notice that the best web3 gaming platforms have the potential to encourage mainstream use of web3. The growing interest of people in cryptocurrencies and NFTs also serves as a promising factor for the growth of web3 games.
Web3 games are still evolving and their popularity depends on the perception of players. Traditional gaming studios have been showing interest in development of web3 games. Players would find a new approach to gaming with the advantage of exercising complete ownership over their assets. Learn more about web3 gaming and understand the basic principles that drive them.
*Disclaimer: The article should not be taken as, and is not intended to provide any investment advice. Claims made in this article do not constitute investment advice and should not be taken as such. 101 Blockchains shall not be responsible for any loss sustained by any person who relies on this article. Do your own research!
