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Till now, we have seen a plethora of technological advancements in the gaming industry. There is a significant transformation in the games that were developed several years back and the ones that are nowadays launching.
Technologies have been introduced to the gaming industry in several ways:
- Transforming from 2D to 3D
- Integrating AR/VR
- Utilizing the metaverse platform for game development
- NFT and digital currency involvement
- Web 3.0 gaming
- And much more…
Among that, Web 3.0 is the most trending topic that most companies are trying to utilize. It is not obvious that web 3.0 exists, the developers have already started designing and developing innovative games which will correspond with this new web version. The fundamental concepts used for this technology will be AR/VR, NFT, digital coins, metaverse development, etc.
Introduction to Web 3.0
The current internet that we are using is web 2 or 2.0. Users can mainly communicate using this web version and can check the availability of datasets between the companies and the users. The next-gen web version will be web 3.0 which will establish the concept of decentralization. It will make sure that no entity plays the game of monopoly in the online world.
The servers of web3 will be scattered all over the web at different locations. Unlike web2, there will be no intermediary component in web3 that will pass the communication between the user and the web.
Let’s take an example of financial transactions to understand better. Presently, when a user makes a payment to any shopping website, he is redirected to a third-party website which is a bank-controlled payment gateway. Here, the bank will be the intermediary between the user and the eCommerce business. On the other hand, in web 3.0 users can carry out seamless transactions without the involvement of payment gateways.
The Inter-connection of Web 3.0 & Gaming Industry
The gaming industry has mostly evolved with the evolution of technological advancements in AR/VR, metaverse development, AI, digital currencies, and others. The invention of web 3.0 technologies has enabled developers to develop and design groundbreaking and futuristic games based on the aforementioned web3 game development techniques.
Introducing disruptive technologies to the gaming industry in web3 format has changed the way it is done without risking a lot of money.
For a better understanding of the gaming industry’s relationship with web 3.0, it is important to understand how these two entities communicate.
Ownership
With web3, developers will be able to execute NFTs for establishing sole ownership. This means that whatever is purchased by the user belongs to him regardless of his leaving the game. There is no need for him to sell them or lose them.
The best example of web3 ownership can be virtual lands. Since the internet will be based on the metaverse development, gamers can buy lands using NFT and also perform activities like crafting and mining with the concerned game.
Virtual avatars
Another approach to how web3 can change the gaming industry is through virtual avatars. The avatars will be 3D through which users will get full control as it represents them. In a virtual world fight, for example, the user will attack or defend the avatar when he or she is engaged in a fight with the avatar. Gamers can explore different levels of the game using the avatar to uncover secrets and treasures.
User-centric
Undoubtedly, the web3 revolution in gaming will be a user-centric move. Whatever features will be integrated into the game will be based on the needs of the customers.
Let’s take an example, the integration of blockchains and smart contracts will help users to purchase enough digital currencies. It will boost the gaming experience as users will be able to effectively communicate with this revolution.
Democracy in games
As previously explained, web 3.0 is decentralized. Users from the gaming industry will be given control based on their contributions to the market. Developers will be able to make their gaming components without adhering to the strict rules and regulations of a centralized market.
Diversity and inclusio
Certain countries ban games because of legal compliance, jurisdictional issues, etc. Canada and the United States of America, for example, ban all games related to gambling. Due to the nature of Web 2.0, most games play a monopolistic role based on centralization. In other words, no matter what rate they use, they cannot access these games.
However, by considering 3.0 for gaming, users around the world will be able to play games legally without worrying about legal issues. Due to its decentralized nature, players cannot be restricted from accessing the gaming platform or impose rules on them.
Major Technologies that will Transform the Gaming Experience
A certain set of technologies must be incorporated into the gaming industry before web 3.0 can be implemented. This isn’t your typical tech stack. They are disruptions related to virtual reality, machine intelligence, robotics, automation, the metaverse, and digital currencies, for example. To take advantage of web 3.0, a game must have several major components.
Web 3.0 games will be dominated by non-fungible tokens. Games will be able to own any entity on the Internet with the help of these tokens. The virtual land could be a physical asset, and in some approaches, it could be a virtual land.
Blockchain
Games that use blockchain can increase transparency and reliability between game companies and gamers. Decentralization is another benefit of blockchain that will further bring users from around the world together. Gaming will be enhanced by the lack of restrictions and restraints, allowing everyone to participate without legal problems.
Digital Tokens
According to web 3.0 protocols, digital tokens or cryptocurrencies will also play a crucial role in transforming the gaming industry. By replacing centralized currencies with decentralized currencies, gamers can now process payments without relying on an intermediary. In other words, gamers can directly use any form of cryptocurrency in their digital wallet to pay when they make enough purchases without the involvement of a third party.
Virtual Reality
Another component of web 3.0 that can shape the gaming industry’s future is virtual reality, which can help developers create innovative gaming solutions based on web 3.0 principles. The metaverse allows users to create customized 3D avatars, and with these avatars, they can explore more land in the game, shop for different things, engage in agricultural activities and farming, etc.
Bottom Line
It is already evident that futuristic games will differ from those played today as a result of the connection between web 3.0 and the gaming industry. The virtual world will allow players to interact with each other as well as access unlimited digital tokens, 3D avatars, and other components.
About Web 3.0 India
Brands can develop high-octane gaming solutions with the help of Web 3.0 India.
Resources, experience, and innovation are the core values of the company.
A modern gaming company needs everything that Web 3.0 India offers, including the use of technology. Innovative gaming solutions can be developed for brands by the experts at the company.
Among the gaming services offered by us are game development, design, and testing. As a gaming company, our goal is to deliver the best possible experience to our clients. For more information about their services, please visit our website.
