In the past, gaming was not considered to be an individual's income source. Even now, gaming is regarded as time-consuming with minimal profit. This has certainly progressed with the Web 3 introduction in the market, greatly impacting the current generation's mindset and increasing engagement in gaming. But what are the advantages Web 3 provides? Let’s find out.
But first, what is Web 3 gaming?
Web 3 is an approach to decentralise the gaming ecosystem to effectively move the ownership from a central authority to the users. Web 3 upgrade has brought in games that support the play-to-earn models making it much more tempting to the audience. Thus, increasing the users' engagement. Web 3 allowed space for virtual markets where users could buy, sell, and trade their in-game assets, earning profit. Now that we are clear with Web 3 gaming, let's move to its features.
Features of the Web 3 technology
Web 3 gives a value-based gaming experience to all users. The other fundamental features are mentioned below:
- Ownership
As mentioned above, Web 3 brought in this feature which quickly increased user engagement with gaming platforms. The in-game assets are now solely owned by the players and can be traded in the Gaming NFT marketplace for profit.
- Interoperability
Although not yet in the market, the interoperability feature of Web 3 has created a massive shift in the market. The key role is that you can transfer your in-game assets to other gaming platforms.
- Metaverse gaming.
The future will be a fusion of real and virtual worlds working parallelly to provide better experiences. Gaming now is all about graphics and increased experiences. That is what developers are looking forward to building for their gamers.
Conclusion
There are several genres right now in the gaming industry. Be it Cricket NFTs, football NFTs, or other in-game NFTs, all have become popular among gamers. One game that has seen drastic improvement is the Cricket NFT platform. Fans are responding positively in the NFT marketplace for Cricket.