Gaming has evolved from arcade machines and consoles to the virtual worlds that are networked on online multiplayer platforms. Now, we are again on the verge of a new revolutionary change in the gaming world with the emergence of the paradigm: Web3 Games – the one that integrates the latest technologies related to blockchain into the gaming world. This integration, however, does not only convert the process of the creation and playing of the games but also restore the meaning of possession within the digital domains.


Web3 games symbolise much more than just a ‘shift’. The implication of true digital ownership, player driven economies and decentralised gaming, constitutes a big deal in the new era. In comparison to traditional games which had restricted players from owning game assets but only saw them as in-game items, Web3 games which have enabled players to own, sell, or trade their in-game items between various platforms have increased players’ participation and ownership. Through this transition, both players and businesses within the ecosystem of gaming get empowered and considering the economic aspect, new sources of revenues are generated.


Firstly, what are WEB3 Games?

The Web3 games are the main contributor to the gaming revolution that has blockchain incorporated, making it possible to re-define gamers’ experience, assets, and earning. These games do not just offer a means of using cryptocurrency in the marketing and promotion of new assets. They also record transactions and asset ownership transparently on blockchain, which increases security of networks and control of players’ behaviour.

Economic Opportunities: Web3 games in most cases take the form of play-to-earn, which creates an earnings opportunity for players that are based on traditional game activities such as competing, completing tasks, or item exchange. Apart from that, this model not only gives the players a chance to explore new economic opportunities in the real world but also adds variety and excitement to the gaming.

Examples: ‘Axie Infinity’ players can make equal video game creatures called Axies and fight. They also can buy land and earn money from the virtual property in ‘Decentraland’. With these illustrations the symbiotic relationship between blockchain and NFT is shown off, and it leads to a lively and autonomous gamers’ community.

Web3 games can be described as a new horizon in the epic tale of video games because efficient players are granted absolute freedom in the management of their content and the possibility to obtain benefits surpassing the ones coming from the traditional model.

How do they work?

The understanding of how Web3 games function is crucial, by dissecting the main technologies behind them such as blockchain, NFTs, and smart contracts, and making a detailed exploration of player interactions within these games.

Blockchain Technology: Typical Web3 game feature is blockchain, which GUARANTEES the objects value through transparency and immutability of decentralised ledger. In this way it becomes possible to confirm any action taken by the player, i.e. trade or the achievement. It does so via a totally secure and verifiable manner.

Use of NFTs: Non-Fungible Tokens (NFTs) allow the gamers to keep possession of their individual virtual objects that are unique and different from each other, like gods or character garments. Such assets are tradeable on marketplaces throughout the gameplayverse with the possibility to rise in value while increasing in rarity.

Player Interaction and Economy: Web3 Games do not only form a Decentralised Economy but allow the players to earn, either spend or even trade the assets freely within and across the universes. This economic model depends on the implementation of a Blockchain protocol which enables transactions that are secure, autonomous and direct.

Web3 is a platform that strives to provide more player power and open new economic areas. At the same time, however, it faces such difficulties like scalability. Even though the mentioned concerns present certain limitations, joining the groups in Web3 gaming still has many options to explore the future of the industry which is more and more based on blockchain and player’s participation.

How WEB3 Games can change the Gaming industry forever

The effect of Web3 games on the gaming world is staggering, pushing the business models, changing player relationships, and even bringing some crashes in regulations. Here’s how Web3 is changing the landscape:

Changing Business Models: The most common revenue streams of traditional gaming are sales of games, subscriptions, and in-game purchases. The Web3 games concept inherently disregards this model because players can be rewarded through in-game play-to-earn systems and hold FULL ownership of their items, which they are able to sell or trade with others via open markets. This emphasises the change in what represents profit as well as the players’ autonomy by granting them material interests in the game.

Industry Adoption and Resistance: While some of the traditional game brands make the attempt to capture the growing interest for the NFTs and Decentralised Finance, others harden their resistance as the market is far too volatile, NFTs are considered to be mainly speculative and gamers can be really hard on such the attempt. Web3 models switching is a mixed feelings reaction, and it is a separating factor between the admirations and standards of the gaming. Part of it at least.

Future Predictions: In due course, as the technology gets better and the solutions addressing current limitations of high transaction fees and energy consumption evolve, more gaming studios are on their way to launching games built on Web3 principles. Consequently, the acceptance of the said types of gaming platform may dive very deep, possibly becoming an integral part of these future games, along with a chance for players to own and manage the in-game economies independently.

Web3 games influence not only the very technology that game designers and players are utilising but also change the way they view this very thing, how games should be designed, monetized, and played, which is a more fundamental change. Through the process of Web3 games revolution, the future of gaming is now being defined to give the culture of gaming and way of generating income a different face; this transformation should make gaming even more inclusive, interactive, and investment friendly.


With the coming together of the Web3 technologies in gaming, it is evident that it won’t be a transition but an enactment of the new era of gaming that appreciates the role of human-to-human interactions and gives players the upper hand.

Games move towards the web3 era, as they process to give players true ownership of digital assets, to open the way to new economic opportunities through the “play-to-earn” concept, and to involve them more deeply both in the game and the community. Although it may seem that these games are a part of the entertainment zone, they also bring about innovation and the possibility that someone invests in digital perspectives.

In case the idea of a transforming nature of web3 is catching your mind, the UTE (Universal Tech Expo), is the ideal place to learn more about the innovative advances of the future. Come together and gain deeper insights on the future of gaming using Web3 technology. Build connections with our experienced guests and explore how the emergence of this technology is already bringing about a paradigm shift in the gaming industry. This is a rare offer to be the early adopter of the game-changing technologies of tomorrow.