Blockchain-based technology advancements are hastening the shift from Web2 to Web3 gaming, which is increasingly gaining popularity.
Web3 game development company in USA is taking note as gamers may now add ways to earn cryptocurrencies and NFTs through blockchain apps due to Web3 games. A crucial component of Web3 is ownership, which enables users to possess the digital assets they acquire and trade them for cryptocurrencies and other digital assets.
Some developers may fear their Web2 games are being left behind as the gaming industry plays more with putting NFTs and blockchain technologies into games. Many gamers even demand tokenization and other Web3 features from the games they already adore.
There are ways to Web3 your Web2 game without starting from scratch if you already have a game that has been released or is in development. Follow along to discover the reasons behind the change and how to upgrade smoothly to Web3 gaming without starting over.
The Rise and Appeal of Web3 Gaming
According to Dapp Radar, the number of daily connections to the blockchain by over 1.17 million different active wallets increased by 2000% in 2021, with blockchain gaming activity. Web3 games and metaverse projects raised an astounding $2.5 billion in Q1 2022, although still in its infancy. Developers worldwide used all this money to incubate, create, and deliver games of the highest caliber.
With the possibility provided by cryptocurrencies and non-fungible tokens (NFTs), which have changed the value proposition of video games, Web3 gaming offers a novel experience. Web3 gaming introduces a financial idea via play-to-earn economic models that enable earning crypto and digital assets, in contrast to Web2 gaming, where users solely gain enjoyment from the playing experience.
Web2 Gaming versus Web3 Gaming
Web2 games have several drawbacks because they don’t use blockchain technology, the biggest of which is that the creator has complete control over them, and the players have little to no flexibility. On the other side, Web3 games provide players with a tonne of power, including the ability to contribute user-generated content, own items, and engage in in-game commerce, among other things.
Users benefit from total data security, while developers are guaranteed payment security (through bitcoin) because Web3 eliminates the problem of fraudulent credit and debit card purchases.
The Web3 experience is a game-changer because it allows users to feel like a part of the gaming community by earning cryptocurrency, NFTs, and voting on the game’s future, in contrast to Web2 games, where creators and actors split all of the revenues.
Transition From Web2 to Web3 Gaming
Video game players and developers have access to compelling incentives and distinctive chances, thanks to Web3. Developers can spend time and creatively rise to the challenge and use the existing infrastructure for web2 games, such as content producers, caring communities, sizable player bases, and in-game economics. Some realistic actions they can take are as follows:
Asset Tokenization in-game asset tokenization is still the standout component of Web3 games. Tokenizing Web2 virtual in-game items like avatar clothing, armor, and weaponry is a good place for developers to start. Players will then transfer them within the game’s environment or be permitted to trade or sell them to other players rather than having them locked in the virtual world and only accessible within the game.
By having the tokenized assets registered to them on the blockchain and making them theirs to keep or sell, developers can make it possible for players to possess the tokenized assets. Tokenizing anything, including teams, players, or brands, can be a powerful incentive to draw in new investors and open up benefits for the over 2.5 billion gamers worldwide.
Making Games Using NFT Capabilities
Making Web2 games with unique NFT skills can help bridge the gap between Web2 and Web3, as claiming in-game assets like NFTs is one of the key characteristics of Web3 gaming. These NFTs will become access and identification keys in the gaming industry, no longer just simple collectibles. Through social media sites like Discord, users who purchase such NFTs can participate in community events between fans and artists and experience immersive material firsthand.
Developers can add a “claim” capability to already-released Web2 games to help unlock special levels with “NFT power-ups.” Through a reliable web2 platform, such powers could assist in introducing Web2 players to blockchain-powered P2E Web3 gaming. Gamers can interact and engage with their friends and favorite games thanks to the added competitive layer. Developers can encourage the current community to participate in beta testing and gain insight from their input by establishing a new communication channel with creators and players.
Games as NFTs
Companies who make Web2 games and want to transition to Web3 games might think about making their games into NFTs and using them as a bridge. This will imply that users will be able to own NFT games and use them as a means of creating a gaming community and a foundation for relationships with their followers rather than creators only controlling their identities, content, and games.
NFT communities are changing web2 video games, which were initially developed so that players could belong to particular leagues and compete against one another, into a tool that helps increase members’ feelings of belonging as the digital culture keeps developing. Thus, gamers can be allowed to use the platforms where they first found NFTs. Rather, they can establish partnerships with developers that let them benefit from NFTs.
Users will value the sense of ownership that NFT games bring and utilize them as deeds of privilege, meaning they can sell them if and when they feel like it. NFT games also provide more freedom for connection, interaction, and expression.
To dApps from Apps
Using the Web3 structure, developers can improve Web2 apps to improve the user experience. A real-world example is Shopify’s efforts to enhance consumer buying experiences based on users’ NFTs through “tokengated commerce.” NFTs will appear natural if they are made specifically for games.
Twitter and Stripe are other platforms besides Shopify that are not Web3 DApps. To improve the user experience, they are experimenting with Web3 constructs. The implication is that Web2 game developers will have to develop unique ways to investigate Web3 integration using creator tools and infrastructure.
Most businesses that constructed significant Web2 infrastructure are now looking for strategies to develop parts that will make it simple for their Web2 programs to incorporate Web3 dApps like P2E games, NFTs, and cryptocurrencies. By eliminating sticking concerns on both sides of the bridge and making it easier for developers to build on it, Web2 game developers create bridges that will enable them to communicate with Web3 constructs.
Endnote
With the introduction of web3 games, the gaming industry is changing. Many people have found resonance in their play-to-earn model, and their demand is continually rising. Additionally, the web3 gaming sector offers opportunities for creative brand marketing. Many businesses are trying to leverage this industry to strengthen their brand. However, including cryptocurrency gaming in a web2 strategy necessitates a thorough knowledge of blockchain and its associated elements. It can be challenging for businesses with little to no experience in the web3 domain. Therefore, hiring a web3 development firmis the best option.