Have you ever wondered why some of your favorite mobile games don’t offer a way for you to earn rewards for all the time and effort you put into playing them? It seems like a missed opportunity, doesn’t it?
The rise of Web3 and the Metaverse is poised to revolutionise the gaming industry, but as of now, the majority of gamers remain unaware of the potential benefits. Web3 offers a new level of monetisation, user engagement, and a more immersive gaming experience, but how can we get the mass market to buy in?
Web3 is the next evolution of the internet, where data is decentralised, and users have more control over their online experiences. One of the most exciting aspects of Web3 is the ability to earn rewards for participating in online communities and contributing to their growth. This concept is not new to the gaming world, but it’s often limited to a specific game or platform. What if we could take this idea to the next level and bring Web3 rewards to all our favourite mobile games, regardless of the platform they’re built on?
That’s where the power of the Metaverse comes in. The Metaverse is a shared virtual space where people can come together to interact with each other and digital content. It’s like a massive multiplayer game, but instead of being limited to a specific game world, the Metaverse can host many different games and experiences. By integrating Web3 rewards into the Metaverse, we can create a new Ecosystem where players can earn rewards across different games and platforms.
So, how can we make this a reality? One approach is to create an API that allows mobile games to be onboarded into the Metaverse. Once a game is onboarded, players can use a single sign-on to access a Metaverse social space where they can interact with other players and explore new games. Players can then earn Web3 rewards for playing these games, regardless of whether they were originally built for the Metaverse or not.
But why would game publishers want to integrate Web3 rewards into their games? The answer is simple: engagement. By adding a layer of engagement through the Metaverse, game publishers can increase player retention and loyalty. The more players engage with their games, the more rewards they can earn, creating a positive feedback loop of engagement.
This approach not only benefits game publishers but also the players. By offering Web3 rewards, players can earn real value for their time and effort, increasing their investment in the game and potentially even earning some extra cash. It’s a win-win situation.
However, the real challenge is getting gamers to buy into the idea of Web3. While the Blockchain technology behind it may seem intimidating to the average gamer, the benefits of Web3 can be easily understood once they are introduced to it. By bringing the mass market of gamers into the Web3 Ecosystem, we can create a cycle that benefits the whole Ecosystem, but we need to engage Web2 audiences better in language which makes sense to them.
Web2 games may not realize it yet, but they are missing out on a golden opportunity to enhance their engagement and revenue potential by tapping into the power of Web3. By integrating Web3 technologies and incentives, game developers can create new, immersive experiences for their players and foster deeper connections with their audiences. They can also tap into a whole new world of monetisation opportunities through Cryptocurrency rewards, NFTs, and other mechanisms.
Virtua is at the forefront of enabling this vision by providing an easy-to-use API for Web2/Web3 games to integrate into the Metaverse, providing Metaverse social spaces, and facilitating a seamless creator economy. Virtua’s platform makes it possible for both Web3 and Web2 games to participate in the new era of gaming, allowing players to access new experiences and rewards, while also providing creators and developers with a new revenue stream. With Virtua’s help, the future of gaming is not just about individual games but rather an interconnected Metaverse where players can explore, socialise, and engage in a more immersive and interactive experience.
Of course, this isn’t an overnight fix, and it will require some work and investment from developers to make the transition. But by embracing the possibilities of Web3 and its potential to create a more interactive, engaging, and lucrative gaming landscape, they can stay ahead of the curve and attract new audiences who are looking for the next big thing.