Web3 has had a profound impact on the world of gaming, with an emphasis on transparency, security, and what the players want. Web3 gaming is making it possible for gamers to have total control of their gaming assets and benefit from decentralization. Web 3 gamers use cryptocurrency to play on these platforms. They can also use crypto to purchase non-fungible tokens (NFTs). Web3 does away with a centralized authority. We first take a look at traditional gaming, which makes clear where modern gamers are losing out if they are not taking advantage of Web3 gaming. Thereafter, we explore the key features of Web3 gaming.

Traditional Gaming

With traditional games, the owners and developers of these platforms retain copyrights. Even though players can use fiat money to buy digital assets, they do not have actual ownership of them or the rewards they accrue in a game. All that is possible is to engage with the traditional platform via a license. Additionally, central servers are used as the storage facility for everything related to the game. Control rests in the hands of game administrators. Players cannot enter trades with other players hoping to make a profit from a digital asset exchange. All-in-all, traditional gaming is cumbersome and inefficient, at least by modern standards and in light of what is available in its stead. Centralization poses a risk of opening gaps to scammers and hackers. Traditional game administrators face constant cyberattacks that make their players vulnerable to theft, fraud, or loss, as well as potential system shutdowns and wipeouts.

Interoperability and Ownership

Rather than sovereignty resting in the hands of the developers of a game, Web3 gaming bestows that quality on the players. This is akin to the difference between a government having sovereign rights over its citizens versus self-sovereignty and is made possible by the decentralized technology used. With traditional games, as long as the player remains on the platform, they own what they have made and collected but cannot take these gains with them out of the game. Web3 gaming allows players to retain what they have earned beyond an individual platform. This promotes interoperability between different platforms. Upgrades of Traditional Games Players are attached to their favorite games. Therefore, web3 games convert old games into blockchain and carry them into the metaverse. The result is the decentralization of authority. Players can continue to enjoy the games they have always played while being able to trade collectibles and assets. Player-driven Games Player-driven gaming takes note of the preferences of gamers; such as their desire to play traditional games on a decentralized platform. Users want to earn and retain their profits, not leaving them behind in the games; but taking them forward as real assets. Web3 gaming also addresses the need for self-sovereignty.

Minimal Downtime

Web3 gaming has high scalability. It uses storage facilities designed for heavy gaming and makes use of block minting; which contributes to a robust platform and minimal downtime. There is no interference as there is no central authority and maintenance costs are negligible.

Transparency

Transparent gaming is achieved by blockchain technology, using a distributed process that provides immunity from hacking. There is no single-entry point that can be breached. Consensus among voters is needed to change anything in the process. Thus, without it, the process cannot be modified. Every player has equal access; thus, Web 3 gaming is very transparent. From this, it is clear to see that Web3 gaming benefits all players.