How do Web3 Games dominate over traditional games?

Web3 gaming, also known as blockchain gaming, refers to games built on decentralized platforms and powered by blockchain technology.This approach provides several business benefits over traditional gaming platforms. Let me explain some key advantages of Web3 gaming over traditional games.

Decentralization

The core concept of web3 gaming is decentralization, which means it is a peer-to-peer network without third-party involvement.

Interoperability

Web3 Gaming platforms are interoperability between different blockchain platforms. That means the platform can easily interact with other decentralized applications, marketplaces, and more.

Privacy and security

Web3 gaming platforms are designed for highly secured privacy by encrypting user data and players can control their data.

Transparency

As we know web3 gaming platforms are decentralized and also give a transparent and tamper-proofing gaming experience. This fosters trust, makes more reliability between players, and developers, and improves the credibility of gaming platforms.

True ownership

In Web3 gaming, players can control their gaming assets. Blockchain gaming assets like avatars, skins, weapons, and other gaming assets can be tokenized as Non-Fungible Tokens(NFTs), allowing players to buy, sell, and trade their unique gaming assets.

Generate Revenue

We can generate revenue through web3 game platforms like NFT sales, advertisements, and play-to-earn game models.

Community Governance

web3 based games often involve community-driven decision-making processes. Within decentralized platforms, gaming updates, feedback and direction of the game will happening according to the community decisions. It will make a more healthy community and also improve the gaming experience.