Powered by blockchain technology, Web3 gaming allows true asset ownership, enabling players to sell or trade in-game items across platforms and creating a player-driven economy mirroring real-world markets.
Web3 games hosted on a decentralized node network offer transparency, reduce fraud, and enhance trust between developers and players. An example is NFL Rivals, a mobile-friendly Web3 game combining NFT trading and fantasy football, which gained significant popularity post-launch.
Web3 has seen rapid progress but is still overshadowed by more accessible Web2 games like Roblox, Call of Duty, Minecraft, and Fortnite, which boast larger player bases. Web3 gaming, although growing, represents a small portion of the global gaming market.
Unlike Web2, where user data is sold to advertisers, Web3 platforms prioritize personal data security. Web3 games offer incentives such as appreciating currencies and goods, engaging players in company growth, and providing alternative forms of employment in emerging markets.