What is Web3 Gaming and Why is it Important for the Gaming Industry?
Web3 gaming refers to the use of blockchain technology and decentralized protocols in the development and distribution of online games. Web3 gaming platforms, in my perspective, are working to establish a more decentralised and public gaming environment, one in which users may safely own and trade digital assets inside games, and where new forms of entertainment can be developed and distributed.
Web3 gaming is still in its early stages, but it has the potential to revolutionize the way that games are created, played, and monetized. Some of the key benefits of Web3 gaming include:
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Decentralized ownership: In a Web3 game, players own their in-game assets in a verifiable and immutable way, using a blockchain-based digital wallet. This allows players to trade, sell, or transfer their assets outside of the game, creating new economic opportunities and giving players more control over their virtual goods.
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Interoperability: Web3 games can use decentralized protocols to interoperate with other games and platforms, creating new possibilities for cross-game experiences and economies. For example, a player could earn in-game assets in one game and use them to unlock new content or abilities in another game.
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Censorship resistance: Web3 games are built on decentralized networks that are resistant to censorship and control by a single entity. This allows developers to create new types of games that challenge the status quo or explore controversial or sensitive topics, without fear of being shut down or banned.
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New business models: Web3 games can use blockchain-based payment systems and smart contracts to create new kinds of monetization models.
In my opinion, the future of blockchain gaming is still uncertain, but it has the potential to bring about significant changes to the way that games are created, played, and monetized. As the technology and infrastructure for Web3 gaming continues to mature and gain adoption, it is likely that we will see more and more innovative projects and experiences emerge in this space.
Why Are Web3 Gaming Awards Important?
Gaming awards such as GAM3, increase the visibility of both individual games and production studios, as well as the industry as a whole. These honours propel growth for blockchain games and improvement in game development across the sector.
Crypto gaming awards are not only a fun way for gamers to support their favourite developers, but they can also play a role in setting the bar for quality in the industry. Furthermore, they may provide creators with insightful criticism and ideas by drawing attention to the elements that are most valued by players. In conclusion, crypto gaming awards are a great method to honour the successes of the gaming industry and spur more development and innovation. By recognizing the most innovative and successful projects, these awards help to inspire others in the industry to continue pushing the boundaries and creating new and exciting experiences for players.
Finally, crypto gaming awards can also serve as a way to connect and engage with the community of players, developers, and industry professionals who are interested in cryptocurrency and blockchain gaming. Through these awards, developers can share their work and ideas with the broader community, and players can discover and support new projects they may not have known about.
The Winners of Polkastarter GAM3 Awards
Polkastarter GAM3 Award winners have been named, earning the accolade of "Grammys" for web3 gaming. In a live ceremony on December 15th, the 16 winners of the first-ever industry awards were unveiled.
The GAM3 Awards Game of the Year honoured the finest web3 game that straddled the divide between conventional and blockchain-based gaming. A total of 23 web3 game content providers were nominated for the Best Content Creator award, with the winner being decided by a final day of voting.
The full list of winners:
- Game of the Year: Big Time
- Most Anticipated Game: Shrapnel
- Best Graphics: Star Atlas
- Best Action Game: Superior
- Best Mobile Game: Thetan Arena
- Best Adventure Game: Big Time
- Best Casual Game: Blankos Block Party
- Best RPG: Illuvium
- Best Shooter Game: MetalCore
- Best Strategy Game: Gods Unchained
- Best Card Game: Gods Unchained
- Best Multiplayer Game: EV.io
- Best Esports Game: EV.io
- Best Content Creator: Brycent
- People's Choice Award: League of Kingdoms
- Games' Choice Award: The Harvest
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Image credits: Sean Do and GAM3.