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Is it the future of blockchain games?

by Sophie Smith

Web2 game distribution platforms have become a popular way for gamers to purchase and play their favorite games. These platforms, such as Steam, Epic Games Store, and Microsoft Store, offer a user-friendly interface and a streamlined purchase process. They also provide detailed information about each game title, making it easier for players to browse and find new games to play.

One of the main advantages of Web2 game distribution platforms is the trust they instill in gamers. These platforms host reputable brands and millions of users, so players feel safe providing their payment information and know they will be protected from scams. Additionally, these platforms offer automated update processes, ensuring that games stay updated without the need for players to manually interact with the developer’s website.

For developers, Web2 platforms provide access to a global audience, marketing assistance, and distribution infrastructure. These platforms also employ robust anti-piracy measures, ensuring that developers are properly compensated for their work.

However, a new generation of game distribution platforms, known as Web3 platforms, is emerging. These platforms aim to create a more player-centered and community-driven gaming ecosystem by leveraging blockchain technology. Web3 platforms, such as Ryu Games’s Flame, Kongregate, and Lootrush, introduce elements like decentralized autonomous organizations (DAOs), smart contracts, and nonfungible tokens (NFTs) to the gaming space.

Web3 platforms offer players more power and true ownership of in-game assets. With NFTs, players can buy, sell, and trade in-game items, bringing value to the ecosystem’s economy. Web3 platforms also introduce new monetization models, like the play-to-earn model, where players can earn crypto and NFTs by playing games.

However, Web3 platforms face some challenges. They require a more advanced understanding of underlying technologies, both for players and developers. Building and launching games on Web3 platforms is more complex and expensive, making it difficult for developers to enter the space. Additionally, there is a lack of game titles in the Web3 gaming space, and preconceptions about the Web3 and crypto space deter some people from participating.

To establish a successful Web3 game distribution platform, several factors need to be considered. First, there needs to be a broad range of enjoyable games that cater to both Web3 and non-Web3 players’ interests. Transparency and security standards must also be implemented to instill confidence in users. Web3 platforms should prioritize ease of use, taking inspiration from platforms like Steam and Epic Games Store. Community interaction and engagement are also crucial for the success of Web3 platforms.

The future of Web3 game distribution platforms lies in deeper interaction between users, the integration of native crypto wallets, and the introduction of esports platforms. By adopting successful elements from Web2 platforms and addressing the challenges of the Web3 space, these platforms have the potential to become reliable alternatives to established industry players. With innovation and continued development, Web3 game distribution platforms can create a more inclusive and decentralized gaming ecosystem.

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