Difference Between Web3 Games and Web2 Games; Blockchain games have been on the rise in recent years. Many game studios have already started using blockchain technology. Well-known companies such as Ubisoft and Square Enix have developed blockchain games. So what is the benefit of game development on the blockchain to game studios? What is the benefit to the players? How are web3 games different from web2 games?
Let’s start by checking out the state of players in traditional video games. Good games are almost never free. In blockchain games, players can play without spending any money. This kind; ‘Free-to-play’ games allow players to earn money as well as being able to play without spending money. In addition, there is no ownership in web2 games. When you buy a game, you only buy the right to access that game. In-game assets in Web2 games do not belong to you. They cannot be transferred or sold. In Web3 games, you can buy, sell or even rent your in-game assets.
Blockchain games use cryptocurrencies and NFTs. This gives players a huge advantage over traditional games as it gives them real ownership over their assets and allows players to buy, sell and trade in-game items.
Blockchain games started with the Play-to-Earn model. In the play-to-earn model, it is necessary to pay money to enter the games. Just like in web2 games. However, unlike web2 games, web3 games have attracted a lot of attention due to the potential to recover the money spent to enter the game and even make a profit in blockchain games. Unfortunately, the investment prospect of this model has prevented many players from participating in blockchain games.
Since then, the industry has developed and now the free-to-play model has become more preferred alongside the old model. Many blockchain games are free and will soon rival traditional games in terms of quality.
Blockchain games have been around for several years and are still at a very early stage. Web3 gaming is a brand new industry that is certainly not perfect, as developers are still trying to find the best model for a sustainable in-game economy. The Play-to-Earn model was what got players excited in the first place, but it was based on a never-ending stream of new players. Currently, blockchain game studios are evolving towards a model that re-emphasizes gaming and rewards player skill. Web3 games have ignited a radical change in the gaming world. Together we will watch where it goes.