The Exciting Future of Web3 Gaming: A Blend of Enjoyment and Authentic Value
Over the years, blockchain games have faced significant backlash, particularly from avid fans of traditional video games who have expressed their disdain for the format.
The resistance towards Web3 gaming largely originates from the initial wave of titles that captured attention during the COVID pandemic. As avid gamers found themselves isolated in their homes, interest surged around 'play-to-earn' games, which sounded attractive; the idea of making money while gaming was appealing. Gamers relished the concept of entertainment amid lockdowns, but earn money at the same time , what’s not to love?
the situation turned out to be quite different. The first generation of Web3 games simply failed to deliver engaging experiences. Their focus on profits compromised gameplay quality, leading players to quickly lose interest in tedious battles found in games like Axie Infinity and Splinterlands. To make matters worse, as interest dwindled, an even larger issue became apparent: these games were reliant on a steady influx of new players and funds to maintain the value of their native tokens and NFT assets. in-game economies were broken Today, titles like Axie Infinity and Splinterlands are mere shadows of what they once were. NFTs that previously fetched thousands of dollars have plummeted in value to mere cents, while their associated cryptocurrencies are now worth a fraction of their former glory.
The initial Web3 games undoubtedly missed the mark, but they did manage to lay the groundwork for a promising concept. Now, with a fresh wave of play-to-earn games emerging, it's becoming increasingly evident that Web3 gaming still has significant potential, provided developers prioritize delivering high-quality experiences.
Getting the balance right
Above all, it’s crucial for any blockchain game to have a robust tokenomics model in place that guarantees lasting value for dedicated players. Achieving an optimal tokenomics structure involves meticulously balancing the demand for in-game assets, which is something developers are gradually learning to perfect.
One standout example of effective tokenomics has emerged within the
ecosystem. Funtico transcends the definition of a mere game – it’s a comprehensive platform that opens the door to a continuously expanding array of play-to-earn games across various genres, ensuring that users have endless options to keep boredom at bay. Funtico’s The gaming universe of Funtico is powered by TICO, a universal cryptocurrency used seamlessly across all its games. This linkage means that TICO's value isn't tied to the performance of any single title but is instead influenced by the overall strength of its diverse ecosystem.
Funtico’s array of games is designed to foster competition, highlighted by regular monthly events where players can showcase their skills and earn significant rewards. Each tournament features a substantial prize pool funded by participant fees and a share of every transaction conducted in the Funtico
. With every in-game item tokenized, there's a dynamic trading environment which keeps the ecosystem lively; the allure of attractive prizes will further motivate many players to compete, injecting more TICO into the system as they seek to enhance their winning chances. tournaments Funtico has also taken proactive measures to maintain a seamless flow of liquidity within its gaming platform, establishing connections with blockchains such as Ethereum, BNB, Base, Polygon, and Avalanche. Moreover, the focus has shifted towards creating enjoyable gameplay that captivates users rather than merely rewarding them. marketplace Next-gen blockchain games are leaning heavily on gameplay as their primary draw, aiming for longevity in an evolving landscape. One of the standout play-to-earn titles making waves in 2024 is My Pet Hooligan, an exhilarating, action-packed first-person shooter that stands poised to compete with the best in its category.
Players embody NFT Hoolis as they revolt against the malevolent Metazuckbot tyrant who's enslaved the rabbit denizens of Hooliland City. This rebellion serves as a backdrop for chaotic fun, with characters racing on skateboards, engaging in shootouts, obliterating objects, decorating walls with graffiti, and indulging in other rebellious antics.
Gameplay is key
With an engaging storyline inspired by iconic games such as GTA, Zootopia, and Ratchet and Clank, players can pledge allegiance to one of seven factions battling for dominance in the city, featuring electrifying gunfights brought to life through breathtaking graphics and cutting-edge AI that captures players' emotions and mirrors them through their on-screen Hooli avatars in real-time.
Players have a choice among a multitude of wacky weapons, from machine guns and sniper rifles to flamethrowers and bats. Weapons can either be acquired through purchases or discovered during gameplay, promoting exploration; since these tools are also NFTs, they carry value and can be traded within the game’s marketplace.
Boasting a variety of maps and different gameplay modes—ranging from team deathmatches and free-for-all skirmishes to player versus player and player versus environment modes—My Pet Hooligan is a polished game that aims to be as enduring as the AAA titles that inspired it.
These advancements suggest a bright future for the play-to-earn model underpinning Web3 games, despite the initial failures of earlier titles. Innovative ideas need time to mature, and while the first blockchain games introduced captivating concepts, they were far from refinement.
Nonetheless, the glory days of titles like Axie Infinity are long gone, and the industry is advancing with incredible speed. With projects like Funtico and My Pet Hooligan quickly carving out their place in the Web3 gaming scene, the play-to-earn model appears set to establish itself as a long-term fixture.
Web3 Gaming is changing
Gone are the days when players would pour money into games without tangible returns on their investments.
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Meet Gregory, a digital nomad from Poland, who excels as a financial analyst and contributes to numerous online publications. With extensive expertise in the financial sector, his insights have gained him recognition across various channels. Making good use of his free time, Gregory is also in the process of authoring a book focused on cryptocurrency and blockchain.
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