Metaverse and web3 are hot topics in this tech world. Many corporates and startups are working on new business platforms and also working on the updation of the present tech world. In that way, the gaming industry is also looking to develop its present model by incorporating web3 technologies and metaverse solutions. The gaming industry is the first to take a look into the trending technologies and start their research on how these technologies would help the gaming industry to add up many more millions in their profits. Web3 and Metaverse are the present trending technologies that corporates are focusing on incorporating into their gaming solutions. Here let’s know more about the role of metaverse and web3 in the gaming industry.
Table of Contents
Metaverse is a 3d digital environment that is built using various 3d rendering software by experienced tech experts. The Metaverse platform may be centralized or decentralized and this is because of using blockchain technology addition to it. The Metaverse solutions can be adopted by various industries and this would help many businesses to grow in the digital space with more global users. Unity 3d, Unreal Engine, and Blender are a few software applications used in the development of metaverse platforms. Metaverse will open up a trillion-dollar market to many industries and by the end of the decade, most people around the world will be connected digitally with these metaverse platforms.
Web 3.0 is the next-gen internet with lots of updation that eliminates the use of negative aspects of web 2.0 which includes user data security and other privacy factors. Web3 was first coined by Gavin-wood in 2014 founder of Polkadot and co-founder of Ethereum. Web3 is being actively implemented in various digital platforms because of the benefits the platforms obtain and many youngsters are actively looking for web3 platforms because of its privacy concerns. Web3 has also been actively used in many platforms for various reasons. Web3 uses blockchain technologies to make the platforms decentralized, blockchain is not adopted just for decentralization but also for setting up a digital economy for the platform and its users. This attracts the gaming industry to bring in web3 for their game development.
The gaming industry was looking for some new tech adoption for years and the metaverse has been their priority choice, they have been working on it for years and now after years of research, many gaming companies have started rolling out metaverse gaming platforms. These games are attracting many gamers as it gives a new and attractive gaming experience to the gamers. This will let the gaming industry reach the trillion-dollar market soon in a few years. Metaverse games also come up with a play-to-earn option and this has attracted many users around the globe where every user can earn rewards for their gameplay in this 3d environment.
Web3 Game is different from metaverse games, web3 gaming is a decentralized gaming platform that ignores the user’s information and the activities of this gaming platform. Web3 games just let the users play games according to its gameplay flow which neglects the user data and does not involve collecting private information likewise in other present games. There is also a new concept of web3 lifestyle games which connects the digital world with the physical world, every activity in the physical world is represented in the gaming platform, and on completion of every activity the user earns rewards in cryptos tokens. This is one of the trending gaming concepts in the digital space that includes a move to earn, play to earn, and many more.
Metaverse Game development and Web3 Game development are different but what is the separating factor between these two and can a metaverse game be represented as a web3 game or a web3 game represented as a metaverse game let’s see it out here. Metaverse game can be a web3 game if the gaming platform is backed over the blockchain networks where the metaverse platform can be decentralized with the help of the metaverse networks. Bringing up blockchain networks in-game in addition to the metaverse improves the gaming platform growth where it’s attracting more users around the globe. And this metaverse can be represented as a web3 game by incorporating blockchain networks.
In that way, web3 games can be metaverse games if it’s built over a 3d environment but most of the web3 games are 2d based on platforms and now companies are looking to bring in metaverse solutions to improve the gaming experience and attract gamers of various ages. Web3 games have their own digital economy with the help of the crypto tokens and these platforms reward crypto assets to the users according to the user’s contribution to the gaming platform whereas a metaverse game does not have its own digital in-game economy and rewards. Web3 lifestyle games are being actively used by many people beyond ages at present by users all over the globe.
The gaming world is always looking out to give out the best to the gamers in that way many gaming gadgets and advanced gaming platforms are launched every year. With this process, web3 games and metaverse games are something serious in the digital space now that would be the best choice to launch their game. So, going through this web3 games are the best choice if you are new to the blockchain and if you have to go with something more advanced then you may choose a metaverse game built over any of the trending blockchain networks. Keeping out the long time run then it’s good to go with metaverse games over a blockchain network as the world is looking for blockchain solutions for all the digital platforms. There are many web3 and metaverse business ideas where games are top of the list.
There are many advanced web3 and metaverse games in development at present when compared to the present web3 and metaverse games. Metaverse games require many other VR gadgets to have the full gaming experience by the gamers. Corporates are looking to conquer the industry with their games, be a pioneer in the industry and launch a metaverse game to compete with future global markets. You may look out for one of the best blockhain development company and launch your web3 game built over a trending blockchain network that adds millions to your pockets. If you are a beginner you may go with a basic web3 lifestyle gaming solution for now and may upgrade to a metaverse game in the following years.