Were diving into the strange, ever-evolving world of Web3 gaming.
NFTs, cryptocurrency, and the blockchain took no time at all to converge with thegaming world.
This rise in popularity has not been without its fair share of controversies, however.
So what is Web3 anyway?
Its also important to state that Web3 is anything but a fully-formed, actual thing that exists.
Web3 gaming just takes this idea and focuses it in one very specific direction: the games industry.
This attaches a real-world monetary value to usually frivolous in-game items like clothing.
Axie Infinity was one such internet tool game that required players to buy three Pokemon-like Axies to play.
These Axies cost real-world money and players can loan them out to other players for a hopeful profit.
Time spent gaming is time wasted because it could be better spent making money.
But, the Web3 enthusiast asks, what if gaming actuallydidmake you money?
If DOTA 2 suddenly became an NFT game, you would still play it.
You would fight them initially, right?
You would say Why NFT, why Web3?
But it’s where the content is.
Gamings all about content.
These titles can look like gambling games, farming games, Donkey Kong-lookalikes, and more.
Depending on the amount of money pumped into them, they can be ridiculously simple or fairly complex.
Where is all this headed?
Web3 gaming is still figuring itself out and its got a long way to go before reaching mainstream popularity.
What exactly is the incentive for anyone to create a game like this?
Its either an investment or something I could liquidate for the same value or maybe a lower value.
I can actually sell it - it’s no longer an expense.
So instead of spending $100 that I write off, I’m willing to spend $1,000.
The way PathDaos co-founder sees it, future Web3 games wont be as Web3-forward as they are now.
Theyll just be regular games that slowly reveal themselves to be Web3 games as they go along.
Some other Web3 game developers today are following more or less the same line of logic.
I think that’s the fundamental gamer mindset, Jansen says.
What exactly is this?
Who is this for?
It called Quartz, the first building block in our ambitious vision for developing a true metaverse.
Hilariously, the whole thing was shut down after a few months.
Exploring doesn’t mean launching.
Only they did launch it, and it did flop, and the Internet doesnt forget.
Is it really worthwhile for companies like these to set so much goodwill on fire?
