Gaming is a massive industry that is constantly expanding, so much so that the global gaming market is expected to be worth more than $320 billion by 2026. The growing field of Web3 gaming provides much more excitement and possibilities.
Mo Shaikh, Co-Founder and CEO of Aptos Labs in Palo Alto, California, believes that web3 will help at least 40% of the population. According to Shaikh in a recent piece in the journal Decrypt, the feeling of community and shared experiences that gaming provides to an estimated 3.2 billion gamers (or 40% of the world’s population) is the most important part of game design.
In his opinion, web3 gaming offers the best of both worlds: independent game development for businesses and producers, as well as social and financial value for players looking to engage in global combat and social interaction. He holds that gaming has always been fundamentally about this sense of camaraderie, regardless of the amount of money involved.
As Ethereum developer Vitalik Buterin observed when playing World of Warcraft, Web3 gaming reduces the negative aspects of centralization, according to Shaikh. By using smart contacts and converting the virtual items in the game into NFTs, control is once again given to the players, who may again own their gaming features. A player’s gaming traits can endure long after a game is stopped as long as there is still a group that supports it.
There is no risk of a firm or boss establishing themselves to dominate the experience because decentralization benefits are available to all participants in web3 gaming. Players from all around the world have access to Web3 games’ essential elements. Then, game producers may stop acting as the only judge and start acting as an access broker, enabling players to profit from their gaming activities.
Which Web3 gaming projects are now the most popular?
The Web3 gaming industry is rife with innovation, but a select few initiatives stand out as having very promising futures. RobotEra is one such undertaking.
Upcoming metaverse cryptocurrency initiative RobotEra is a sandbox-style metaverse where users may create, trade, explore, utilize, and manage their own metaverses.
In this metaverse, players may take on the form of robots to rule their own domains, make robot friends, and participate in the construction of new worlds. Here are some justifications for researching the project as well as some tips on how to make an early investment.
RobotEra introduces a new era of interactive gaming experiences by allowing players to construct anything they can imagine and collaborate with other robots. The platform offers a shared universe that unites users’ distinct areas and makes a limitless number of options—such as theme parks, museums, performances, and more—possible. This virtual world is more than simply a game because it uses bitcoins and digital goods in a genuine way.
In RobotEra, players explore a huge and immersive metaverse while engaging in fascinating creative and strategic thinking. While playing as robots in this metaverse, players may utilize the editor to build structures, create unique territory, and create robots. They can also locate hidden locations with excellent rewards. Players can execute challenging activities to earn prizes in the Central City, which serves as the center of the action. While museums showcase the works of talented artists, concerts and events give robots the chance to cooperate and discover the potential of a fully interactive environment.
RobotEra’s Crypto Metaverse and Decentralized Governance: Digital Democracy in Action
Another significant aspect of RobotEra’s appeal is its digital democracy, which is supported by a Decentralized Autonomous Organization (DAO). The DAO of the metaverse game will let all participants to pick or recommend their faction’s execution strategy and how to utilize the tokens in their treasury.
The shared DAO framework will enable users to participate in governance and make decisions on the direction of the planet as a whole, fostering a sense of community in the metaverse.
With more than a million dollars in funding currently in place, the RobotEra presale offers a terrific opportunity for individuals looking to participate in the metaverse gameplay experience. By purchasing a minimum of 1,000 TARO tokens at a price of $0.020 each ($20 total), investors may take part in the presale and access the metaverse cryptocurrency realm.
To participate in the TARO presale, you must first create an appropriate wallet, such as Ledger Live, Zerion, Metamask, or Infinity, and load it with USDT or ETH. Orders for TARO coins may then be placed by connecting the wallet to the RobotEra website.
RobotEra is a fascinating business opportunity in the metaverse cryptocurrency area because of its unique concept, approachable UI, and monetization options. As the metaverse develops pace and changes how we interact with the digital environment, projects like RobotEra are well-positioned to become defining characters in the Web3 game sector.
What other Web3 initiatives have the greatest potential?
Shaikh has a very positive outlook on the future of NFTs. He states in an interview with CoinDesk that: “The way we think about NFTs is pushing the limits of what we have seen in previous generation blockchains. Previously you really could not take them [NFTs] across different protocols [and] platforms.”
Shaikh argues that NFTs, a cryptocurrency asset that lets users prove they are the legitimate owners of digital commodities, should « be able to live in things like games [and] social platforms. »
According to Shaikh, broadening the NFT’s use cases can help bring together international organizations. In 2023, he anticipated that significant corporations will start using NFTs more frequently as a means of payment.
FightOut is another potential initiative that is located around the junction of Web3, NFTs, and T2E.
The growing need for individualized and outcome-driven health advice is met by Fight Out, a leading Train-to-Earn (T2E) environment. The overall objective of the Fight Out platform is to encourage users to participate in activities and advance their physical fitness by offering tokenized prizes.
Exorbitant club membership fees, a lack of social connection, and chaotic exercises are just a few of the numerous problems the Fight Out team has highlighted as problems afflicting the fitness sector. The group produced and launched the Fight Out app, which offers users financial prizes, to solve these issues and promote involvement.
The newest cryptocurrency provides its users with all the information and guidance they need to improve their health. NFT « soul-bound » avatars, whose numbers rise as users work out, can be made by program users. The person has access to unique benefits thanks to modern AI that keeps track of all of their workout activity.
The official Fight Out whitepaper says that the REPS, the app’s own currency, may be given out as prizes. Any accumulated REPS can be exchanged for items in the Fight Out shop or a reduction on the cost of the app membership for the next month. The unique to Fight Out coin FGHT may also be used to buy REPS.
Free Membership and NFT Purchases
P2E initiatives in particular and the fitness sector as a whole face major difficulties as a result of the high entry barriers to the market. Due to this, increasing and retaining the number of visitors to the website is quite challenging.
Users must spend pricey NFT purchases first in order to use STEPN, another P2E endeavor, for physical activity. However, the two most well-known fitness apps, Peloton and Soul Cycle, demand a significant upfront investment in equipment from their customers without offering any sort of incentive.
Fight Out alters this and reduces the entrance hurdles by encouraging its users to workout in return for cash. Depending on their level of fitness, users may conduct workouts and earn REPS. Furthermore, they won’t need to invest a lot of money on pricey NFTs to get started.
The bulk of activities may be done by athletes without pricey gym equipment. Fight Out is also promoting its own platform-usable FGHT coin in an effort to get more acceptance.
The user receives a 25% discount when it is used as a registration token. Users and investors of Fight Out will both profit from this development. Due to lower access costs to their preferred workout network, both athletes and investors have benefited from the ongoing demand for FGHT coins.
Listings for the Fight Out Exchange
The Fight Out team is about to finalize the app’s development and make it accessible to the general public after an initial currency offering (ICO) presale that began on December 12th has come to an end.
A number of exchanges, including BKEX, XT.com, LBank, Digifinex, BitForex, Changelly, and Uniswap, will list the FGHT token on April 5.
