Web3 Games are More Effective Than Classic Games

Blockchain-based gaming ecosystems are expanding astronomically. The play-to-earn (P2E) gaming model is currently used in a wide range of games available in the blockchain ecosystem.

Gaming on blockchain is revolutionizing society. With the introduction of Suffescom's play-to-earn model, the gaming industry is about to witness a Web3 game development company with ground-breaking capabilities thanks to cutting-edge technologies, particularly blockchain. Let's take a look at the differences between Web 2 and Web 3 gaming.

Describe Web3 gaming for us.

Industry transformation is constantly being fueled by new technologies. Nobody could have even fathomed how business and technology would change when the world first discovered the internet and Google. The move to Web3, a more decentralized web, is currently causing a new revolution in the world. Additionally, this extensive transformation process is just getting started with web3 gaming.

Because it makes use of the advantages of blockchain technology, such as decentralization, immutability, and transparency, Web3 ushers in a new era for the internet. The new internet won't be run by a single organization. There will be a decentralized Web 3, dynamic Webs 1, and dynamic Web 2. Although the Web 2 era is still in effect, once decentralization is successful, the Web 3 era will quickly replace it.

Web3, Popular Websites

Web3 will eventually become more widely used and accessible, particularly in the gaming industry. So what exactly is Web3 gaming?

Decentralization, a tactic used in Web 3 gaming, makes it so that nobody, not even the game's creators, is the focal point. All things found in games are the sole property of the players. This implies that a user can keep, use, and even trade new in-game items they have purchased for other in-game items or actual money. In traditional games, a player loses everything if they switch gaming platforms.

By offering asset trading, tradeable game tokens, and opportunities to earn cryptocurrency while playing games, Web3 lays the groundwork for the creation of play-to-earn games. Each asset is maintained as a gaming NFT and is clearly unique.

Web3's interoperability makes it possible to link players and in-game assets across different platforms. The kind of blockchain used for game development has a significant impact on how interoperable Web3 games are. For interoperability, Solana and Polkadot, for example, have cross-chain communication bridges.

Top obstacles in making Web3 games

Web3 undoubtedly offers a lot of opportunities, but the sector is still young. For example, creating Web3 and dApps still needs a great deal of technical expertise from developers. We can highlight the following Web3 title development pitfalls:

Open-economy architecture

The vast majority of video games are made for closed economies. On the other hand, players aren't allowed to trade; they can only play and win money. The earlier design principles are now obsolete in the presence of tradable NFTs or tokens. A user experience that is both intuitive and visually appealing must be created from scratch, which is something that many game designers find to be very difficult.

Scalability

It's one of the most challenging issues with blockchain technology and a significant barrier to widespread Web3 adoption. By 2022, layer-2 blockchains like Polygon, on the other hand, will be able to offload the majority of transactions from the main blockchain.

gaming industry inflation

The virtual world's economy must address issues like inflation. Your game can benefit from good management. However, if inflation is handled incorrectly, your game might resemble a virtual Weimar Republic. It is possible for game assets to deteriorate to the point where certain game mechanics stop functioning.

After the game, NFTs are completed.

Make games that players would seek out even if NFTs weren't present.

The first gaming rule is that the action should always be the main focus. It must be interesting and enjoyable. Games on the web3 fall under this broad category. Consider this: Would players still want to play your game if it lacked NFTs?

The first generation of blockchain games, most notably Axie Infinity, were able to "sacrifice" some of the gameplay in order to test the underlying blockchain technology and create a useful use case for the industry as a whole. Future Web3 games will need to put more of an emphasis on providing players with an experience that is worthwhile both to share and to live.

Since launching Powder in 2019, we've observed that if a game offers a variety of thrilling experiences, players of all skill levels and technical proficiency are willing to go above and beyond to create and share game clips. By sharing game clips and other game-related content on social media, players can essentially act as valuable brand ambassadors for the game thanks to Powder's AI-powered content creation tools. A web3 game development company was established on a unique concept, so they have a good understanding of web3.

online game developers

They should be aware of the power of word-of-mouth and take advantage of it by producing user-generated content (UGC) that is inspired by fantastic gameplay because they do not have access to traditional advertising channels.

Bilal El Alami from Dogam suggests taking inspiration from popular culture and successful games in order to evoke a sense of familiarity. While innovation is important, he argues that people are more likely to accept something that "resembles something else."

Consider The Sandbox as an example. To start, the game's title makes it clear what kind of game mode you can anticipate playing. appealing to anyone who likes playing in a sandbox with unrestricted freedom to explore, build, and destroy. Second, it is simpler to accept the gameplay value due to the block animation's immediate associations with well-known games like Roblox and Minecraft. Games like Tamagochi, Nintendogs, and Pokemon have influenced Dogami.

conventional strategies for monetizing mobile games

F2P and premium freemium games were the two main ways to monetize mobile games before Web3.

High-End Games

With one-time purchases for premium games, players have full access to the entire game. The de facto method of selling video games has long been the premium monetization model, which is still widely used for console and PC games.

When the app store first started, premium games dominated game monetization. But the freemium or free-to-play (F2P) business model greatly expanded the gaming market and established mobile device monetization as the standard. A web3 game development company responds to demand by providing premium games.

F2P (Free-to-Play) Games

Users can access and play free games online (F2P). enabling alternative forms of monetization for developers to generate income. Microtransactions and in-game advertisements are the two main ways that F2P games make money.

Free-to-play (F2P) games continue to be among the most popular game models on mobile and other platforms, accounting for about 78 percent of the money made from digital games today.

gamified hybrid economies

Hybrid economies, which combine elements of premium, in-app purchases (IAP), advertising, and subscription based monetization, have replaced many successful games businesses' primary monetization strategies due to the effectiveness of microtransactions and alternative non-premium monetization models.

To appreciate the tectonic upheaval that web3 gaming presents, it is essential to comprehend the current paradigm for game monetization.

To sum up

The next-generation gaming experience is provided by Web3 through blockchain technologies, NFTs, and the metaverse while bringing financial rewards to games. It signals the beginning of the move toward a decentralized web and the next development in gaming.

Although Web3 games have many advantages for players, they also present a number of difficulties for game developers. the developers who are most skilled at navigating the challenging terrain of Web3 game development. They were able to maximize the advantages provided by innovative technologies thanks to their more than ten years of blockchain experience.

For your upcoming Web3 project, are you looking for a blockchain or web3 game development company? Make an appointment for a free kick-off consultation by contacting our experts.