Original Author: Old Yuppie

This article comes from the WeChat public account:old yuppie, republished with authorization by Odaily.

This article comes from the WeChat public account:"ownership"old yuppie

The concept of ownership in games has been on the spectrum since the first arcade games hit the American mainstream in the 1960s. Since then, consoles, computers, and mobile devices have continued to redefine the gaming experience and the power dynamic between creators and players. Web3, a new era of blockchain-based Internet, is the closest gamers

ownership

It's time.

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ReferenceFarmVille

This dynamic has changed with the development of blockchain technology. Developers are no longer in control; gamers have power. Through tokenization and game economics, players can extract monetary value from the games they play in the form of portable assets. The game-to-revenue model is a simple yet revolutionary concept that is changing the gaming experience for players, developers, and the community.

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How do these games compare?

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The question is will traditional gamers accept this new paradigm?

More importantly, compared to traditional games, Web3 games are economy-oriented. The challenge for developers is how to create value-added experiences that benefit all stakeholders, and this drives innovative game design that is both flexible and responsive to in-game dynamics.

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Open source, permissionless code

Traditional games operate as a walled garden, while blockchain games guide the MOD culture, empowering third-party developers to customize their own gaming experience through plug-ins and third-party clients. This maximizes network effects, encourages creative scaling, and builds real community through ownership while securing additional revenue streams.

The Tokenomic incentive structure makes the virtuous circle between developers and players closer in Web3. Players are the beneficiaries, so developers are incentivized to craft experiences and communities that meet the needs of both parties. It's a delicate dance, and those of a conventional mind may not benefit from it if they don't understand the dynamic.

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Interoperable, Immutable Transactions

It's a delicate dance, and those with a conventional mind may not benefit if they don't understand the dynamic.

As new games emerge, new game mechanics and business models emerge, and game companies are struggling to understand this foreign model. Nothing has changed, they argue, and ownership opportunities already exist. That's true; there are secondary markets, such as eBay, where players have been buying and selling World of Warcraft (WoW) and RuneScape items for years.

Game companies are struggling to understand this exotic model."NFT "and"Web3 "first level title

What are the barriers to adoption?

Such buzzwords have brought fair followers to the fore, tarnishing the vast but often undervalued gaming industry. Misinformation about the environmental consequences of mining, combined with a plethora of NFT scams, has further contributed to the perception of a Ponzi scheme. But there is one element missing from blockchain games, and that’s why most serious gamers don’t like these games…. pleasure.

What will the future hold?

Where's the fun in Web3 gaming? People play games to solve problems, to feel fulfilled, to achieve goals, to escape. It's not about making money, and it's not why gamers play games. The real Web3 winners will be those who have a monopoly on blockchain technology and fun games.

People play games to solve problems, to feel fulfilled, to achieve goals, to escape.