As one of the most important ways for people to entertain in the digital age, games are creating huge output value.
According to research by global information company Bain, the value of the gaming market will grow by more than 50% to more than $300 billion by 2025. As consumers demand for games continues to grow, players requirements for game experience continue to increase. The combination of games and blockchain technology provides players with a brand-new gaming experience. At present, more and more games use blockchain technology to realize player ownership of game characters and accessories, and better virtual experience.
Riding on the wind of a round of encryption bull market, the GameFi project with the core concept of earn while playing is the first to rise on the Web3 game track. It is undeniable that this Play-to-Earn business model has indeed attracted a large number of encrypted users in the short term, but with the absence of bull market bonuses, the biggest problem exposed is that GameFi pays too much attention to player earnings and cannot attract players in game settings. resonance. As the saying goes, the 2022 GameFi track has ushered in an unprecedented cold winter. The market value has shrunk by 50% compared with 2021, and the total financing amounted to US$2 billion, a year-on-year decrease of 58%.
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Common Web3 game types and strategies
At present, many game projects have been born on the encrypted game track. These projects are generally referred to as GameFi projects. In order to better understand this track, an overview of its game types and strategies will be given.
If divided vertically by game content, Web3 games can be divided into the following categories:
Adventure game: Players need to enter different metaverse areas in the game, and each area has its own unique challenges in the process of exploration. To enter the next stage, the player needs to defeat the opponent/monster first, unlock the next level or harvest rewards such as NFT during the battle.
Card games: Card games require players to make strategic arrangements to outwit their opponents. After defeating their opponents, players receive more valuable cards, which they can exchange for crypto assets or sell on the market for a profit.
Real estate games: Real estate games are quite popular in the Web3 game circuit. Players earn rewards by buying land to add infrastructure, or renting it out to other players. Major brands such as PwC, JP Morgan, and Miller Lite use it to advertise their goods and services.
Through the classification of Web3 game projects, we can find that the gameplay of Web3 games does not deviate from the type of traditional games. In fact, the biggest difference between Web3 games and traditional games is the game strategy.There are currently two main strategies for Web3 games:
Earn while playing P2E: Play-to-Earn (P2E) refers to earn while playing. Different from the paid game model of traditional video games, P2E players can usually earn in-game rewards by completing tasks, fighting against other players, and clearing levels to upgrade. They can also transfer game assets out and trade them on trading platforms or NFT markets.
Own game P 2 O: Play-to-Own (P 2 O) refers to play by yourself is the next generation of Web3 business paradigm. This model believes that games are not jobs, and we should not place too much emphasis on making money through games. Whereas P2O will focus on fun gameplay, a sustainable economy, and promoting awareness of in-game asset and IP ownership. However, this model was proposed by Arthur 0x, the founder of Web3 Crypto Investor, and it has not yet been put into practice.
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Noteworthy Web3 game projects
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Skyweaver
Skyweaver is a completely open trading card game (TCG). The game platform supports web browsers and mobile devices (IOS/Android). The gameplay is similar to Hearthstone, players can combine 5 different deck play styles, and can also add customization, where all cards are tradable NFTs, and valuable silver and gold cards can also be earned in the battle Card.
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RobotEra
RobotEra is building a sandbox-like Odaily reconstruction of the Metaverse. In the game, you will become a robot, manage your own land, and participate in the creation of the world. It is also possible to obtain resources from the land and create robotic companions. Here, create everything you can imagine. RobotEra offers a shared multiverse connected to other worlds, opening theme parks, concerts, museums, and more. Create, share, operate, explore and trade in RobotEra with the vast NFT community.
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Tamadoge
Tamadoge is a P2E game where you earn crypto assets by exercising, feeding and nurturing pets. Once an adult, the digital pet will fight other pets. There is also a pet leaderboard that ranks players based on how they raised their pets and rewards them with crypto assets.
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Undead Blocks
Undead Blocks is a first-person survival shooter (FPS). Currently the game is still in beta, the game is still in the early stages of development, more maps and game features are slowly being rolled out. Survive waves of zombie attacks by killing zombies for daily rewards when you choose to play solo or with friends.
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Web3 Gaming: Fun Comes First
Game creators should never lose sight of a games core priority: entertainment. Likewise, obtaining assets in a Web3 game project is part of the game process and should not be the sole purpose of user participation in the game. Therefore, for Web3 games, it is not enough to only focus on financial Fi.
The Web3 projects reviewed above also allow us to see the changes made by encrypted games—besides Fortune, more projects pay attention to the visual performance quality of game screens, the richness of game storylines, and accuracy in the design process. The entry barrier and the playability of the game mechanism are trying to create an encrypted game ecosystem that can attract players for a long time, with vitality and creativity.
It is hoped that Web3 games will become one of the gateways for ordinary users to enter Web3 in the future, and more developers who are interested in games can seize the entertainment value of Web3 games that has yet to be explored, and break out a world in the Web3 game track.
