Web3 Games vs Web2 Games
Aspect |
Web3 Games |
Web2 Games |
---|---|---|
Asset Ownership |
Players have true ownership of in-game assets as NFTs |
Assets are owned and controlled by the game developer |
Interoperability |
Interoperable with other games and platforms |
Limited interoperability and closed ecosystems |
Transparency |
Transparent transactions on blockchain |
Transactions are opaque and controlled by the developer |
Value Proposition |
Players can earn real-world value through gameplay |
Value is confined within the game environment |
Community Governance |
Decentralized governance models enable player participation |
Governance controlled by centralized entities |
What is GameFi and how does it work?
GameFi’s debut in recent years transformed gaming massively. This exciting concept blends gaming and decentralized finance (DeFi) using blockchain tech. GameFi lets your game and potentially earns actual money. This article focuses on discussing GameFi in detail.
Table of Content
- What is GameFi?
- How does it Work?
- Popular Web3 Games
- Web3 Games vs Web2 Games
- The Role of Blockchain Technology in GameFi
- Pros of GameFi
- Cons of GameFi
- The Future of GameFi
- Conclusion
- FAQs