The gaming industry is at the forefront of technology, and we have witnessed many changes over the years. From the first console games and online games to eSports events and learning how to play slots, everything about gaming is so much different now from how it was 20 years ago. The next major change in the gaming industry could involve the metaverse.
What is the Metaverse?
Before we look more closely at what the metaverse can offer gamers, it is important to understand the metaverse. The metaverse is an online world, which operates in 3D and is made up of multiple virtual spaces.
The metaverse is not one place and there are already plenty from which to choose. When inside the metaverse it is possible to buy virtual land, play games, hold meetings, work together, and have fun socializing. Having the chance to interact with the virtual space is what makes the metaverse so exciting.
Playing in the Virtual Space
We already have access to virtual video gaming but the metaverse is going to take virtual reality to a new level. In fact, gaming in the metaverse could be mixed reality, meaning a combination of several real-world factors to provide a truly immersive gaming experience.
Real dealer casino games are popular but playing casino games in the metaverse is going to be a completely different experience. From walking into the casino and looking around the room to interacting with other people in the casino and choosing a game to play, everything is going to be taking place from the perspective of being inside the casino building.
NFTs
Non-fungible tokens are going to have a significant role to play in metaverse gaming and will offer a new gaming experience. There are many online games that operate using a loot box system and these are available by playing the game or by purchasing them in the game store.
The Madden football game is a good example, and you can earn packs to open from playing the game but also purchase virtual currency using real money to buy the packs.
However, the players and items gained from opening the packs do not have any real-world value and that is what will change when gaming in the metaverse.
NFTs will underpin the play-to-earn model of metaverse-based games. The assets claimed when gaming in the metaverse will have a real-world value as NFTs and that means there will be a financial incentive to play games in the metaverse.
The fact items earned from playing games in the metaverse will have a real-world value means the competitive nature of gaming, outside of the top eSports teams, is going to change dramatically.
Players always want more from the gaming experience and the metaverse is going to deliver. Gamers want an immersive and social experience, with the chance to develop characters and earn money from the hours dedicated to gaming. That is exactly what the metaverse is going to offer.
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