Devs what y'all think wins?
rn the only accessible and trusted applicaition of web3 (blockchain) is crypto, and you can see its worth. Currently, most of the work is being done towards scaling blockchain technology. This will enable web3 gaming and I am sure it will become very popular (You could have NFT rewards in traditional web2 games too).
By web3, if you are thinking of a completely decentralized web with no elon or zuckerberg, that won't happen for atleast 50 years imo, but gradually we'll see an equilibrium between the two technologies.
It's not cheaper yet. A single transaction on ethereum costs around 5-6 dollars (on Avg) which is a huge amount.
Also yeah, you're right about the scamming stuff. The early investors of web3 scammed the shit out of general public, but that's happening with AI too, no? Everyone is portraying LLMs as AI, and more than 80% of these AI applications are just using GPT's APIs which itself is degrading with passing time. Now that all the hype of flashy web3 stuff is gone the ecosystem is working towards sustainability and growth, and I can assure you that web3 is more than just NFTs and Bitcoin.
Okay I get that. Everyone owns the same prime vandal until the game servers go down. But how does changing the current system into web3 change any of that considering there are no pattern indexes or float values like cs skins.
I get how web3 is good in general sense but fail to understand that it could ever work in gaming unless you change my mind.
Some examples that I could think of:
Verifiable item scarcity: How rare is your skin? Champions vandal? How rare is it? You will know how many more has one exactly and how rare it is without having riot tell you "oh it's rare, trust me". Devs can even launch fixed supply nfts for events where limited items can be actually "limited"
Decentralized Marketplaces: Players can buy, sell, and trade items directly on decentralized marketplaces without the need for intermediaries. This empowers players to have control over their transactions.
Immutable Ownership History: Blockchain records ownership history, preventing counterfeit or fake items. Players can verify the authenticity of their items and trace their ownership back to their creation. You can literally own a prime vandal that cNed used in VCT 2021 for example.
In game assets will become NFTs instead of just in game assets that doesn't have value. Each NFT represents a unique item, allowing for rare and scarce items that hold real value.
Customization and Personalization: Developers can create tools that allow players to customize their in-game items, making them unique. Players can have a say in the design and appearance of their items.
Community Governance: Blockchain-based platforms can involve the gaming community in decision-making processes, such as voting on new features, updates, or changes to the game environment.
The biggest issue with web3 is that there isn't a consistent definition of what it even is. From what I have observed, it is a movement towards decentralization (moving services off of the servers of massive companies like AWS (Amazon) , GCP (Google), and Azure (Microsoft). It also seems to advocate for cryptocurrency support.
tldr: