Walter Lee, BNB Chain Growth Partner and GameFi Leader, believes that Web3 and blockchain technology have the potential to enable traditional gaming ecosystems.
Blockchain technology in gaming seems to be gaining traction among gamers who participate in gaming tournaments for a living. This comes despite resistance from some game developers. Professional Dota 2 player Gaimin Gladiators Eric “Tofu” Engel Express his thoughts On Web3 in games and how it can help players. The gamer, who has won more than $400,000 in major tournaments in the competitive Dota 2 gaming scene, is happy to see game developers have “more games than just games.”
“The idea of blockchain gaming is still a new and expanding topic for most of us, and it’s something I’d like to explore more in the future. If it’s going to improve games and make them more useful, then that’s definitely something to look out for in the times ahead,” he said.
Engel went on to express that Web3 has features that “feel useful to the gamer” and that he is looking forward to seeing what game companies do next.
Another professional gamer, Max “Maxeew” Ng, praised the incorporation of new technology into games, saying:
“The idea of adding new technology and features is something any game can greatly benefit from, especially when it’s something that can reward users for their time and spending on the game itself.”
The player added that he has researched blockchain games and will try them out after the current gaming season.
Gaimin Gladiators co-founder Joseph Turner also chimed in, noting that the rise of blockchain-based games “has spooked many major publishers.”
The game developers have sought to distance themselves from this trend. For example, in 2021, the developer of popular Dota 2 and Half-Life video games — Valve Corporation — removed blockchain-based games from the Steam game market. The company continued to revise its guidelines and ban games that issue cryptocurrency, or NFTs.
Turner believes that the gaming company’s “very traditional” stance on blockchain-based games is likely to change over time. He urged blockchain projects to go beyond the integration of blockchain into games and directly participate in the competitive gaming industry.
Meanwhile, BNB Chain Growth Partner and GameFi Leader Walter Lee believes that Web3 and blockchain technology has the potential to enable traditional gaming ecosystems. He cited use cases such as tokenizing in-game assets and generating verifiable random numbers on-chain.
Li pointed out that Web3 provides many opportunities for professional players such as the ability to develop their brand and generate income from decentralized finance.
“There is an increase in many interesting upcoming games from various new studios. It is likely that some of these titles will gain massive popularity and generate new and exciting esports leagues for the industry (…) Gamers will be able to sustain and build in the industry with less reliance on the esports company; this balances the demand between esports companies and gamers.”
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Mercy Mutanya is a technology enthusiast, digital marketer, writer, and IT business student. She enjoys reading, writing, crossword puzzles, and watching her favorite TV series.
