If you are an avid gamer, you may have heard about NFTs and other blockchain technologies in modern games. However, many players still have no idea about their emerging role in the gaming industry. We have prepared this comprehensive article to explain the fundamentals of Web3 gaming and highlight the benefits they offer to players. Additionally, you will learn more about special Web3 gaming tools that can boost your performance, particularly those provided by Lifty.
Understanding the concept of Web3 games
In short, the concept implies that crypto or Web3 games function on various blockchain networks such as Ethereum, Polygon, Avalanche, and others. They also incorporate crypto assets and non-fungible tokens (NFTs) to provide additional benefits for players. They include:
- Enhanced control over NFTs with game items.
- Game procedures that are open to the public.
- Ability to influence the game through voting.
- Data protected by blockchain.
- Prizes and bonuses in cryptocurrency for players.
While Axie Infinity and Alien Worlds can illustrate the examples of the most popular crypto games, the list of Web3 projects is much broader. And even prominent publishers and platforms, like CPP games or the Epic Games Store, are exploring the opportunities offered by Web3 gaming.
There are several benefits that can explain why players opt for Web3 games. Firstly, NFTs are stored in separate crypto wallets, allowing players to have complete control over their inventory. In contrast, traditional games rely on conventional systems and servers to store all associated assets, giving the project teams full ownership over items and characters.
Web3 games also offer extended opportunities for players to participate in project development through decentralized voting and DAOs (decentralized autonomous organizations). To take part, players typically need to hold a certain amount of game tokens.
However, the most popular reason why gamers choose Web3 games is the opportunity to win prizes and earn rewards in tokens and NFTs with genuine value that can be easily cashed out.
Lifty.io is a prominent expert in everything related to Web3 games. The Web3 gaming platform has shared some ideas and recommendations that can help beginners and seasoned gamers improve their achievements, climb to the top of the ratings and rankings in Web3 competitions, and win the biggest share of the prize pool.
Currently, there are more than 2,000 crypto and NFT games available for players, making it challenging to keep track of new titles and find the most rewarding opportunities in the space. To address this, we recommend using special platforms like Lifty.io with advanced filters for game genres, statuses, blockchains, and more.
Good news for crypto gamers: they no longer need to spend time searching for the best crypto and NFT contests on social media. Now, they can simply visit the Upcoming Events section on the main page of Lifty.io and select the options with the most lucrative prizes available there.
The more you know about the game you’re playing, the higher your chances of winning. Therefore, we recommend checking insights about Web3 games on Lifty. By doing so, you will gain knowledge about the game’s popularity and even examine players’ profits and losses.
Gear is undoubtedly another key to your success. So you have to choose the best inventory for a perfect Web3 experience, and the Lifty native NFT marketplace is the perfect venue for this.
GamerScore is a new product that will be available shortly for the Lifty users. Simply put, GamerScore is a credibility and reputation system designed for Web3 gamers and games. The new system will assess gamers’ progress in both traditional and Web3 titles by analyzing their accounts on the platforms like Steam and crypto wallets. Players will earn points and achievements on GamerScore that will enhance their chances of winning rewards in crypto events. At the same time, event organizers will be able to set special requirements for participants based on their GamerScore to engage with the correct audience, such as genuine gamers, and ultimately improve the results of their marketing campaigns.
In short, as a player, your GamerScore achievements and points will become your key for the best events and contests with the most rewarding prizes in the industry. Follow Lifty on social media to learn more about GamerScore and discover the top Web3 titles!