Play and Own Games, the Right Direction in Web3 Gaming

Play and Own Games, the Right Direction in Web3 Gaming

Play-To-Earn Games News, P2E Games News | 02 Jun 2024 08:02 UTC

How are you? Most people in the gaming world already know that Web3 technologies can be used in video games. The area of Web3 games is always changing and getting better. In 2021, the first round of these games got a lot of attention, but they didn't live up to the hype. Why? Because they were "play-to-earn" games that focused on giving rewards for business strategies instead of good game play. These games were hard to get into because you had to pay NFTs to play. This turns off the gaming community and makes it harder for gamers to move from Web2 to Web3. The next play-and-earn games went in a similar direction and, sadly, went the same way.

Explore More: Dive into a world of gaming at its most innovative. Discover additional games and read insightful reviews on our Games page. Stay current with the latest in crypto, NFT, and blockchain gaming, including play-to-earn and Web3 developments, by visiting our News page. For daily updates and all the latest content, make sure to check our Homepage.

Play and Own Games Approach

But don't worry, things are going to get better! With play-and-own games, players truly own their data and progress across games, platforms, and publishers. This means that playing the game is the most important thing, not having digital things or collections. Last but not least, games that are made with the player in mind.

Getting to this perfect picture is going to take some work, of course. We need to start from scratch and rebuild key parts of the game system using blockchain technology and putting the player at the center. Infrastructure providers need to make sure that players really own their data and progress by focusing on open-source and interoperable standards that match current game development and game server standards.

Play and Own Propels Innovation

But play-and-own isn't just about ownership; it can also be a way to start new ideas. With a new web3-based games system, new ideas can spread more easily, making games even more fun. For example, players who have gotten past a certain level could use User Generated Content to make and add their own intellectual property to the game. Also, guilds and player guides are helpful ways for players to work together in the game and get rewarded for their good work.

Play-and-own also makes it easier to play better games with titles. At the moment, sequels can feel like they aren't linked to the first game or its community. But with play-and-own, the player's participation in the community and experience can be used in future installments of the franchise. This makes the experience more cohesive and rewarding for everyone.

Some big game companies are already working on this new game infrastructure, but player control needs to be the most important thing. This can only happen if the focus is on open source and guidelines that can work with each other. The future of games is bright, so let's work together to make it happen.

Solana Games’ Efforts in Infrastructure and Mechanisms

But why does it matter? Well, early data from the Solana games ecosystem shows that trading in-game assets is a big business opportunity that can help blockchain game makers make money and even get big game companies to join the space. The best thing about these blockchain game business models is that they mostly add to current business models, like in-app purchases (IAPs) and ads.

Still, this is just the start. As more blockchain games with busy player bases start to trade with each other, the business potential grows by a factor of ten. The Digital Asset Decentralized Exchange (DADex) is a decentralized exchange that focuses on in-game assets. It is already improving the user experience when it comes to finding prices and cashing out compared to blockchain games that are out now.

But what's really exciting is how blockchain games in the Solana games community are using ownership in new ways. Trading is just the beginning. Players are adding to the game in ways that have never been seen before, such as through access, improving items, lending/renting, and owning. Early data shows that these factors increase key success metrics like D7/D30 retention and monetization by a lot.

So, as we continue to work toward this exciting future of blockchain games, let's not forget the potential of play-and-own games and the endless opportunities they offer for both players and developers.

Solana Blockchain Protocol for Games

The play-and-own concept puts the player at the center and puts gameplay first. For blockchain games to be popular and not fail like play-to-earn games, they need to be easy to use and have high-quality graphics. Solana's blockchain system lets a large number of in-game asset swaps happen quickly and for a low cost. Even though layer 2 blockchains are trying to keep fees low, they may still hit problems as games grow, so Solana's global single shared state is a better choice.

As we move toward a new wave of blockchain games where the player experience is important, Solana's infrastructure is better able to handle organic growth and onboard players more smoothly than subnets or shards. These new games give players rewards and give them important ways to add to the experience and intellectual property. But more work needs to be done on the infrastructure before this new world can be fully seen.

Play and Own Games, the Right Direction in Web3 Gaming
Play and Own Games, the Right Direction in Web3 Gaming

Play to Earn Gaming News

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