Blockchain has proven to be as disruptive as speculated. Thanks to this technology, there has been a significant segue from traditional gaming into a more rewarding, realistic one. The further introduction of web 3 into the gaming industry has led to an influx of various blockchain-based game genres, some of which include play-to-earn (P2E), move-to-earn (M2E), MMO, etc.
Web 3 Game Genres
Play-to-earn is a genre of blockchain-based games that thrives on in-game assets and player-owned economies. As the name implies, players earn by playing these games. They are required to compete against opponents in various game modes, employing strategies to outsmart other gamers and earn a specific number of assets for each task completed. Unlike the traditional gaming setting where earned assets have no real-world use case, P2E games allow players to transfer these assets to the real world and have them sold for cryptocurrencies. Akin to other blockchain-based projects, play-to-earn games are decentralized.
Move-to-earn, on the other hand, is an emerging web 3 and blockchain-based reward model that aims at eliminating a sedentary lifestyle. As most medical practitioners continue to speak on the importance of exercise, M2E-based projects have been launched to reward users each time they complete certain real-world tasks like walking, jogging, swimming, etc. Most of these projects allow users to enter “1vs1 winner-takes-all” competitions with friends. With an incredible number of M2E platforms making their way into the web 3 space, this game genre is expected to grow exponentially.
An acronym for Massive Multiplayer Online game, MMO games allows various people from across the globe to join and play simultaneously. More often, MMO games feature an environment where gamers can compete and interact with others. Most MMO games allow players to win, transfer, and exchange in-game assets won. Albeit similar to the popular Massive Multiplayer Online Role-playing Game (MMORPG), MMOs can be anything—could be a royal battle, strategy, or an interactive themed game.
As these web 3 game genres continue to find ground in the dynamic market, more real-world games are launched, CaesarVerse one such. An unprecedented web 3 game, CaesarVerse is offering players an opportunity to immerse themselves completely in ancient Roman history and experience the sensation of gladiator battles. Players can collect and train gladiators, enter competitive battles with others, and actively engage in historical events such as the Puric war and the fall of the Roman empire.
Besides its robust and rich historical accuracy, CaesarVerse allows players to own and trade gladiators, in-game items, and weapons, as well as rewards for sublime performances in the famous arena. CaesarVerse promotes genuine digital ownership, introducing an additional layer of excitement to the already fascinating gaming experience.
Prediction for the Future
While the P2E game genre has solidified its stance as the leader of the web 3 gaming space, recent statistics, and events prove that we could be looking at the very death of this genre. The abrupt insolvency of FTX, Terra, and the recent USDC implosion coupled with the fact that most P2E games are token-centric all point to the possibility that this renowned game genre could come crashing down anytime. M2E, on one hand, is making significant steps in the right direction—partnerships with fitness bodies and other NGOs have proven to be quite helpful in the proliferation and sustainability of this emerging web 3 game trend.
With projects like CaesarVerse—a game based on ancient Roman history—entering the market, we could witness a segue from the existing gaming models into realistic modes that are not only enthralling but also quite informative.
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