What Does Using Web3 Mean For Game Developers?

What Does Using Web3 Mean For Game Developers?

If you follow technology news, you've probably heard of Web3. You may be curious as to what it implies and how it might impact gaming. So let's investigate Web3 and the opinions that surround it.

Web3: What is it?

It all comes down to ownership. Since the beginning of the internet, changes have been occurring gradually. Websites with static pages and information were uploaded to Web1.

Web1 is simply read. Web2, which allows users to produce their own content, was the next stage.

Users will start to own digital content and have control over how they use it, according to the Web3 prediction. Decentralizing that ownership also means ensuring that it is unconnected to any one platform. (For instance, you own the right to watch a movie wherever you want; you don't only own it on one platform.) To usher in a new era of enjoyment and boundless scalability, get in touch with a Web3 Game Development Company in the USA right immediately.

The method by which consumers acquire ownership of their digital work is irrelevant, theoretically. But the majority of experts concur that the blockchain, and particularly NFTs, are the first indicators of it.

What does NFT and blockchain actually mean?

If we observe any degree of ownership or control, it must be secure. Blockchains (and the NFTs based on that technology) may be useful in this situation.

Blockchains are similar to open databases. Every blockchain has a "ledger" where every transaction is recorded. Since everyone's machines share this ledger, it cannot be altered.

We won't go into the additional technical factors that make blockchain secure in this article.

(Cryptocurrencies operate in this manner.)

The "deeds" of a digital item are NFTs. The term means "non-fungible token." Which simply refers to a wholly unique token. In a technical sense, it also serves as proof of ownership.

Since NFTs are blockchain-based, you can always tell who owns which NFT.

How might this function in a game?

It's impossible to predict how gaming will alter precisely. However, theoretically, the blockchain might grant users ownership of a wide range of assets. The game itself, its goods, and its currency may all be owned by players.

But in this case, decentralisation is key. It's important to be able to trade cosmetic skins like real goods, not just to own them in a single game. Use that skin in another game, if you like.

(However, that would require a level of developer cooperation that is incredibly doubtful.)

However, Jack Dorsey, the founder and CEO of Twitter, doesn't think Web3 affords as much control as you might assume. You don't own "web3," tweeted Dorsey. "The LPs and VCs do.

It won't ever get away from their motivations. It is ultimately a single organisation under a different name.

There won't be only bright days and rainbows What might happen and what really does happen differ significantly. Yes, the goal is to have a single location for all of your digital assets, from music to specific game elements.

Additionally, you might utilise them in any game. From the perspective of a player, that's incredibly thrilling.

But in reality, it'll probably be more dispersed than that. To make it work, businesses will still need to collaborate. A game designer may, for instance, hypothetically grant a player access to any "meta skin." Or even let you utilise in-game money from a different game. But how many programmers will agree with that?

To make it simple for developers to include player digital assets in their games, the industry will need to publish a lot of standards if it is to take place. Theoretically, you might provide a setting in your game that allows users to play music from other games, for instance. Would you, though? Would you want them to use money they obtained from a rival?

This has been tried before and failed A cloud-based service called Ultraviolet existed in 2012. The concept was to have a single locker for your digital movie-watching rights. Many studios decided to support the idea, allowing customers to purchase a movie just once and claim the right to watch it on any platform.

But in 2019, the service ceased to exist. Who knows if it was due to a flaw in their marketing, opposition from some of the top studios, or just terrible luck. Maybe it was simply too early.

In any case, it meant that users forfeited such privileges. Furthermore, they never actually possess anything.

However, there are some intriguing gaming trends.

Despite prior failures, it appears that the gaming industry is starting to experiment with and dip its toes in web3-Esque concepts: Midnight Society: Dr. Disrespect, a well-known influencer, has founded a brand-new game studio. One feature of the "Founders Pass" is that purchasers will receive what looks to be a personalised avatar that "may be exchanged and collected on open marketplaces."

Unchained Gods: The former Magic: The Gathering Arena game director is the author of this book. As you play, you can accumulate cards, which you can later exchange for cryptocurrency on the market.

Steam: The Community Market is already present, though it is not fully there. There, you may sell goods from many video games. However, you cannot withdraw those cash, so this isn't exactly web 3. But it might be a beginning.

Lost Lore Studio: To be really honest, these folks have been monitoring in-game activities using our technology for a long now. However, they are important to note. The possibility is demonstrated through their game, Bearverse, which enables players to acquire NFTs and exchange them for cryptocurrencies.

The game must still be enjoyable Although these examples appear to represent the beginnings of Web3-like games and provide us a glimpse of what the future may hold, there are some words of caution that should be kept in mind.

Suffescom Solutions Inc. can still support your event tracking You can still utilise our statistics to monitor how your game is performing if you want to experiment with Web3 ideas. We are here to assist you in creating better games and effectively monetizing them. Blockchain has some potential for generating revenue for your game, so if you need assistance monitoring the progress, contact us.