Web3 games that are leveraging blockchain and NFT technology have brought in a new and exciting order where the players take up more critical roles and become a part of the gaming economy.
They own different assets in the gaming environment (or ecosystem), such as merchandise, skins, weapons, and so on, that they can trade with other players and earn money. In some games, users can even create their own players and then sell them.
According to reports, the global NFT gaming market is predicted to grow at a CAGR of 32.56% between 2022 and 2027.
What are Web3, i.e., Play-to-Earn (P2E) Games?
In the simplest terms, Play-to-Earn (P2E) games are exactly what they sound like: video games in which players can earn money while playing. They are blockchain-based games in which players earn crypto or nonfungible tokens (NFTs) as they progress through the game.
P2E games offer users more control over built-in game assets such as characters, weapons, virtual territories, character traits, and so on.
These digital assets, known as non-fungible tokens (NFTs), have unique properties, and no two NFTs are the same, contributing to their rarity.
There are three options for claiming ownership of these digital assets. Players can either breed or create new characters, buy NFTs on the native platform or from the top NFT marketplaces, or progress through the game and earn new items. Regardless of how these items have been obtained, the user has complete ownership of them. The gamer can then sell or distribute the NFT and profit from the virtual trade in real money.
Top Web3 Games:
Axie Infinity
Developed by Vietnamese studio Sky Mavis, Axie Infinity is inspired by Pokemon and known for its in-game economy.
This is an Ethereum-blockchain based game in which players can not only gather NFT-based digital pets known as axies, but also breed them. Since each axie has its own genetic imprint, every axie has its own set of strengths and weaknesses, which are passed on to its offspring.
Players can earn Axie Infinity Shards (AXS), an ERC-20 governance token for the Axie Universe. It is the game’s native currency, and holders can earn rewards by staking their tokens, playing the game, and voting in critical governance elections.
These digital pets can also be traded on the biggest NFT marketplaces, with prices varying according to each axie’s qualities, rarity, and utility.
Gods Unchained
This free-to-play online trading card game describes itself with the tagline, “If you can’t sell your items, you don’t own them.” Gods Unchained promotes itself as a trading card game that “pays to play.” It is upending the traditional model of the gaming economy in which gamers buy the game along with in-game stuff that they will never be able to sell.
It provides you full control over your in-game items. You can gather rare cards, construct your deck, and sell them to other players.
Players can also earn the native GODS token, which serves as a payment system in the game. Rare cards have a real-world worth since they can be sold for GODS, which can then be converted to fiat money. This model incentivizes participants to play since they have complete ownership of the valuable assets they accumulate over time.
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Battle of Guardians (BOG)
Battle of Guardians (BOG) is a real-time multiplayer NFT fighting game developed in the Unreal Engine and built on the Solana Network.
It is Inspired by popular fighting games like Street Fighter and Tekken. Battle of Guardians allows users to acquire, rent, battle, and trade token-based characters known as Fighters.
The fighters are divided into three categories: Guardians, Demons, and Humans. It also has excellent graphics. Players can engage in intense multi-realm battles taking place in various areas of the vast Sci-Fi world in which this game is set.
Splinterlands
Splinterlands is an online collectible card game built on the Hive blockchain. The game is played as a one-on-one battle between monster squads.
Players purchase and collect cards in order to compete and win against other players. In-game battles allow you to choose from a lineup of summoners and monsters.
Players can build a collection of cards, each with its own set of stats and features that make them more or less powerful. Some of the characteristics listed on the cards are as follows: Health, Speed, Attack, Armor, Abilities, etc.
Splinterlands’ native currency is Dark Energy Crystals (DEC). Collectors can also make money by selling their game cards on online marketplaces like OpenSea. If you win a rare card, it may be valuable to another player.
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Source: https://coingape.com/blog/top-web3-games-you-should-explore-in-2022-23/