Blockchain technology has been adopted more and more in recent years, and its impact on various industries, including gaming, has been significant. In the gaming industry, it has created new opportunities for gamers and developers alike. As blockchain gaming continues to gain popularity, several trends are emerging that will shape the industry’s future and ensure its success. In this article, we’ll explore the top trends for web3 gaming to succeed.
Play-to-Earn Games
Play-to-earn games have become increasingly popular in the blockchain gaming space. These games allow players to earn cryptocurrency or other rewards by completing in-game tasks or achieving certain milestones. The more time and effort a player invests in the game, the greater the rewards they can earn. This model incentivizes players to spend more time and resources in the game, leading to increased engagement and revenue for developers. Play-to-earn games also enable players to monetize their gaming skills and earn a living, which is particularly appealing to gamers in developing countries with limited job opportunities.
Solid and exciting gameplay
The idea of earning money through gameplay in Web3 games was popular among players and helped the industry reach its first million users. However, too much emphasis on financialization through NFTs took away from enhancing the gameplay to the level of traditional games.
The recent decline of various top blockchain games, including Axie Infinity, has highlighted the need for blockchain games to offer more than just financial benefits in order to attract new players and retain current ones. To address this issue, next-generation blockchain games are prioritizing gameplay optimization to meet players’ expectations. The goal is for Web3 games to provide an engaging and immersive experience on their own, with financial features being an additional feature rather than the main focus.
By offering a greater emphasis on gameplay rather than money-making, Web3 gaming will likely attract more conventional players. Moreover, streamlining the onboarding process will help new users join the platform more easily and avoid current obstacles.
NFTs (Non-Fungible Tokens)
NFTs are exclusive digital assets kept on the blockchain, ensuring their authenticity and immutability. In the world of gaming, NFTs are utilized to represent in-game merchandise such as weapons, skins, or characters. Gamers can purchase, trade or sell NFTs on a range of marketplaces, allowing them to make money from their in-game assets. Meanwhile, developers can also reap benefits from NFTs by setting a percentage of the sales from their in-game products. NFTs have created new revenue streams for both gamers and developers and have rapidly become a regular attribute in blockchain games.
Seamless onboarding
Integrating gaming with blockchains can be challenging for developers when it comes to designing the onboarding process. They need to simplify the experience for users by abstracting the technical aspects of creating a blockchain wallet, establishing a user identity, and distributing tokens for gameplay. The most successful blockchain gaming applications will focus on creating a seamless onboarding process to attract first time users of a blockchain technology. This trend should become more prevalent in the industry to encourage traditional users to participate.
To make it easier for users to start using blockchain-based gaming projects, some of these projects are now creating pre-made wallets built into their applications. This enables users to start using the app without the trouble of setting up a Metamask wallet or connecting to a dapp. For example, Reddit has integrated Community Points and created over three million wallets for users by using Reddit Vault, a concept that is familiar to Web2 audiences.
Final thoughts
The world of Web3 gaming has seen tremendous growth in recent years, with the introduction of NFTs (Non-Fungible Tokens) creating new revenue streams for developers and players alike. The industry is now focusing on creating more solid and exciting gameplay to appeal to traditional players, as well as streamlining the onboarding process to make it easier for new users. As Web3 gaming continues to evolve, we’re sure to see more unique concepts and use cases emerge, revolutionizing the industry as a whole.
