The Latest Horizon in the Metaverse: Web3 Gaming

4 min readJan 10, 2023

Metaverse is expected to become the new face of the internet in the future. The virtual worlds will provide a new way of interaction among people. With financial services and social media already rooted in this space, the latest horizontal to conquer the Metaverse is Web3 Gaming.

Web3 Gaming or Gamified finance creates a game-based economic model and paves the way for non-crypto gamers to invest their time and energy into games they can benefit from.

From blockchain-enabling gameplay, allowing gamers to enter disparate worlds, to itemized non-fungible tokens that make DLCs and in-game items really ownable, Web3 Gaming is a horizontal that naturally integrates with the Metaverse.

Earning and a Secure Ownership — The Biggest benefits of Web3 Gaming

Web3 Gaming captured people’s imagination as soon as Metaverse became a household name. Virtual worlds have always been associated with games, after all. But as the tokenomics developed, and the financial mechanics were integrated into the gameplay, gamification of financial services in blockchain space happened. It revealed the two biggest benefits of Web3 Gaming.

Ownership of Assets in Game Mechanics

Playing games has often been seen as a childish endeavor, at least where the Web2 space is concerned. However, with Web3 Gaming, an approach of owning your gaming assets, earning tokens for fun gameplay and other forms of monetization for gamers is introduced. With Web3 games, players can not only have fun but also create gaming services and gigs, grow gaming orgs of teams and players, own the assets they purchase and actually earn money playing games.

While traditional games state real ownership through digital game items, their real rights of these items is still centralized and truly not owned and controlled by the players who purchase them. But with Web3 Gaming, these assets come under the sole control of the player, who can add to it and further customize it to make it more valuable and sell it to other parties through an in-game marketplace. Other crypto assets can further be bestowed as rewards on players, who can then sell on cryptocurrency exchanges for monetary gains.

Secure Ownership of the Assets

Integration of NFTs with the Web3 games enhances the earning potential of the space. It also allows people to have true ownership of their assets. With in-game items under the full ownership of the players, they can be remodeled, customized, or sold for monetary profit. In some instances, these in-game assets can also be used as player-made assets in other games.

Key Challenges that Web3 Gaming Must Address and Solve

While the earning potential and the ownership that Web3 Gaming has introduced in the Metaverse make it a lucrative endeavor, some shortfalls stop it from achieving a higher adoption rate.

Communicating Value to the Players

The current Web3 gaming must try extra hard to convince players that there is the actual value to be had in blockchain gaming. The standard “hype” focused approach steers people away that have resorted to calling Web3 enthusiasts “crypto bros,” and thus, the communication is not taken seriously. Therefore, Web3 games must communicate proper value to players.

Providing Better Experience and Gameplay

If there is one thing that can easily steer people away from blockchain gaming, it is bad user experience. The nascent stage that Web3 gaming is in is ripe with issues that only the staunchest of crypto enthusiasts are willing to forgive. The non-crypto gamers, however, aren’t too bullish about considering that. Therefore, Web3 games must work out the issues with user experience before they try to onboard non-crypto gamers.

The second reason that’s tied to user experience is gameplay. The gamification of finance works well only when the gameplay is worth investing time in.

Scalability Issues

Axie Infinity’s Smooth Love Potion’s (SLP) price was corrected massively because the number of players couldn’t sustain the economy. It brings to light the blockchain scalability issues that must be addressed before Web3 Gaming is integrated with the Metaverse.

gDEX is making Web3 Gaming more appealing to everyone

gDEX is a revolutionary metaverse project that combines the ethos of Web3 Gaming and DeFi and leverages chain-agnostic tools to approach unlimited scalability to onboard the next one billion crypto-gamers into Web3 gaming.

By taking the shortcomings of Web3 head-on, gDEX intends to create a platform that makes the next generation of Web3 games that appeals to everyone from gamers to game developers to guilds.

About gDEX Metaverse:

The Largest Web3 Community Gaming Platform in the Metaverse
gDEX brings the power of Web3 AND the experience of Web2

Gaming in the metaverse is full of problems. Currently, onboarding the next billion Web2 users into Web3 is still a myth. gDEX makes this a reality

gDEX’s revolutionary Web3 Community Gaming Platform consists of a Lego block suite of chain-agnostic tools that reduce & improve every step of the gaming experience & enables games to jumpstart unlimited scalability & discoverability & users to seamlessly manage all their Web3 gaming virtual assets, identity, activity & experience from one platform across the metaverse.