Web3 Gaming: Essential Insights for Every Online Gamer

Moonbet.io
5 min readNov 2, 2023

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Today most online games today are centralized, meaning that they are run by a single company or entity that has the power to dictate the rules, monetize the content, and manipulate the data.

You may think that you own your in-game items, but in reality, you only have a license to use them within the game’s ecosystem. You can’t trade them with other players, sell them for real money, or use them in other games. You are also subject to the whims of the game developers, who can change the gameplay, ban your account, or shut down the servers at any time.

Web3 gaming is a new paradigm of online gaming that leverages the power of decentralized networks and blockchain technology to create a more fair, transparent, and immersive gaming experience.

Web3 gaming gives you true ownership of your digital assets, enables you to trade them on open marketplaces, and allows you to participate in the governance and development of the games you love.

What are the Benefits of Web3 Gaming?

Web3 gaming has many advantages over traditional gaming, both for gamers and developers. Here are some of the key benefits:

1. Open and Interoperable Economies

Web3 games are built on decentralized networks, such as Ethereum, Binance Smart Chain, Polygon, and more. These networks enable peer-to-peer transactions without intermediaries or fees.

You can use cryptocurrencies, such as Ether (ETH), Binance Coin (BNB), or Dai (DAI), to buy and sell your in-game assets on open marketplaces, such as OpenSea, Rarible, or Decentraland.

2. Player Empowerment and Participation

Web3 games are not controlled by a single entity, but by the community of players and developers. You can have a say in how the game evolves, by voting on proposals, suggesting features, or contributing to the code.

You can also earn rewards for your participation, such as governance tokens or revenue shares.

Web3 games are more transparent and fair than traditional games, as they use smart contracts to execute the game logic and rules on the blockchain.

3. Innovation and Creativity

Web3 gaming opens up new possibilities for game design and development. Developers can leverage the existing infrastructure and tools of web3 to create games faster, cheaper, and easier than ever before.

They can also tap into the network effects and composability of web3 to integrate with other protocols and applications, such as DeFi, DAOs, or NFTs.

Web3 gaming also enables new genres and mechanics of gaming, such as play-to-earn, social gaming, or user-generated content.

What are Some Examples of Web3 Games?

Web3 gaming is still in its early stages, but there are already many exciting projects and platforms that are pushing the boundaries of online gaming. Here are some examples:

Decentraland

Decentraland is a web3 gaming platform on Ethereum where gamers can own a 3D virtual ‘LAND’ completely.

They can also create their own experiences on their LAND using various tools and assets. Decentraland also hosts various events and activities for its users, such as art exhibitions, concerts, casinos, and more.

Gods Unchained

Gods Unchained is a virtual cards and strategy game where users have to build card decks comprising a variety of cards with different abilities.

The game also allows users to trade their cards with other players using NFTs.

DeFi Kingdoms

DeFi Kingdoms is a web3 game on Harmony that combines elements of role-playing games (RPGs), decentralized finance (DeFi), and NFTs.

Players can explore a fantasy world full of quests, battles, loot, and secrets. They can also farm, stake, and swap tokens, as well as collect and breed NFT heroes.

Moonbet.io

Moonbet.io is a web3 gaming platform that brings the unique casino experience to Ethereum Networks including Ethereum, Binance Smart Chain, Polygon, and more.

Players can enjoy a variety of games, such as slots, roulette, blackjack, and poker, using cryptocurrencies.

They can also earn MBET tokens, and have profits from the casino, or participating in the governance.

Moonbet.io also features a loyalty program that rewards players with exclusive benefits and perks.

How to Get Started with Web3 Gaming?

If you are interested in web3 gaming, here are some steps you can take to get started:

Step #1: Get a Wallet

A wallet is a software or hardware device that allows you to store and manage your cryptocurrencies and NFTs.

You will need a wallet to interact with web3 games and platforms. Some of the most popular wallets for web3 gaming are MetaMask, Trust Wallet, and Rainbow.

Step #2: Get Some Crypto

Cryptocurrencies are digital currencies used to buy and sell in-game assets, as well as to pay for gas fees (the cost of executing transactions on the blockchain).

You will need some cryptocurrencies to play web3 games. You can buy cryptocurrencies from various exchanges, such as Coinbase, Binance, or Uniswap.

Step #3: Choose a Game

There are many web3 games and platforms to choose from, depending on your preferences and interests.

You can browse through various directories and marketplaces, such as DappRadar, NonFungible, or PlayToEarn, to discover new and trending web3 games.

Step #4: Have Fun

Once you have your wallet and cryptocurrencies ready, you can start playing web3 games.

Just connect your wallet to the game’s website or app, and follow the instructions.

Enjoy the immersive and rewarding experience of web3 gaming!

Conclusion

You can also earn rewards for your gameplay, such as cryptocurrencies, NFTs, or governance tokens.

One of the best platforms to experience web3 gaming is Moonbet.io.

Moonbet.io is a web3 gaming platform that brings the unique casino experience to Ethereum Networks including Ethereum, Binance Smart Chain, Polygon, and more.

You can enjoy a variety of games, such as slots, roulette, blackjack, and poker, using cryptocurrencies.

Web3 gaming is here to stay, and Moonbet.io is one of the best ways to experience it.Web3 gaming is the future of online gaming. It offers a more fair, transparent, and immersive gaming experience than traditional gaming.

It also gives you true ownership of your digital assets, enables you to trade them on open marketplaces, and allows you to participate in the governance and development of the games you love.

Web3 gaming also opens up new possibilities for game design and development, as well as new genres and mechanics of gaming.

If you are an avid gamer, you should not miss out on this opportunity to explore the world of web3 gaming. Whether you are looking for a casual game to play with your friends, or a hardcore game to challenge your skills, there is a web3 game for you.

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