Is The Metaverse The Future of Gaming?

07.06.2023

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Is The Metaverse The Future of Gaming?
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As BLOCKLORDS is set in a medieval Metaverse, we thought we’d breakdown what is meant by this, and what the Metaverse means for the future of gaming.

The Metaverse represents the next evolutionary step for gaming; an immersive, decentralised virtual world that blurs the line between the physical and, well, not. In this article, we'll explore what the Metaverse is, how exactly it works, and why we believe it is poised to revolutionise the gaming industry for good!

What is the Metaverse?

The Metaverse is a term used to describe a virtual universe where users can engage with a variety of different experiences, such as gaming, socializing, shopping, and much, much more - A collective space that is accessible from anywhere, at any time and allows users to interact with each other and their environment in real-time.

Digital assets and objects available in Metaverses are generally in the form of NFT’s, which highlights the key difference between the Metaverse, and general virtual reality - users in the Metaverse have actual ownership over their assets, which is possible thanks to web3 technology.

How does the Metaverse work?

Being a mesh of the virtual and physical world, Metaversal spaces are created using a combination of advanced technologies, such as augmented reality, virtual reality, and web3 tech, and are accessible through a myriad of different devices, from VR headsets to smartphones or laptops.

Once inside the Metaverse, you can interact with your peers and your environment through the use of virtual avatars, which generally are customized to represent the user's real-life appearance or can be completely different, allowing free reign for self expression. The Metaverse is a place where you can unapologetically be yourself!

What is Metaverse Gaming?

Metaverse gaming is as it sounds - playing games in the Metaverse. You are the character, you own your experiences and you own your assets.The utilization of web3 technology enables all of this, without it the Metaverse, and Metaverse gaming, would just be another pompous knockoff of Virtual Reality. The goal is to fade the line between physical and virtual experiences, to really get users immersed in their games, and share experiences and interact with others in the Metaverse, really putting the player in the game.

BLOCKLORDS is doing just this, you are the digital asset, you are the Hero and you are forging your path in the medieval metaverse of madness

The Advantages of Metaverse Gaming

There are many advantages Metaverse gaming has over the traditional gaming experiences, but here are the main 3:

  • Immersion
  • Scalability
  • Security
  • Monetization 

Immersion

Metaverse gaming offers a much higher level of immersion, allowing users to feel as though they are actually part of the game world. Ever dreamt of actually entering the game world, Jumanji style? Yeah well this is as close as we have ever been. The high level of immersion in Metaverse games is thanks to the developments in AR and VR, opening the gates for us to live our wildest dreams

Scalability

The Metaverse can be highly scalable, as it uses web3 technology - and more so if the Metaverse in question is across may decentralised networks!  Being able to accommodate a large number of users is obviously a major draw for games, and one of the reasons we built BLOCKLORDS using web3 tech! This makes it an ideal platform for multiplayer gaming, as well as socialising and other interactive experiences.

Security

As Metaverses run on decentralised web3 networks, they adopt the security of the network they run on. Web3 networks are secure, due to the decentralised nature of the nodes, meaning to take down a chain, you have to take over more than 50% of all nodes - a very hard feat! 

Monetization

The Metaverse enables users to monetize their engagement. As users engage with different experiences within the Metaverse, they can earn or spend digital assets, creating a new economy within the Metaverse. This has the potential to generate significant revenue for game developers and other content creators. This feat is an extension of the Play to Earn gaming model (Or GameFi), which we have seen many times before in web3 gaming 

Overall, we believe that the Metaverse represents the future of gaming. Its scalability, immersive experiences, security and potential for monetization make it an ideal platform for both gamers and developers alike. As technology continues to advance, we expect to see the Metaverse become an increasingly important part of the gaming industry, and we look forward to seeing what the future holds.

Challenges for Metaverse Games

Although the Metaverse is set to be the future of immersive experiences, there are a some challenges for web3 and Metaverse games

Interoperability

One of the key challenges facing Metaverse games is the need for interoperability. In order for Metaverse games to reach their full potential, different virtual worlds and experiences need to be able to communicate with each other seamlessly. This will require the development of standards and protocols that allow different platforms to work together, as well as the adoption of common digital assets and other tools that can facilitate transactions between different worlds. We are on the way to solving this, by way of mutlichain Metaverses, but there are still limitations to which Metaverse can communicate with one another.

User Experience

For Metaverse gaming to become the norm, the experience gamers have entering and playing the game has to have some feel somewhat similar, and it should be easy to access this next gen gaming experience. Historically, the world of Web3 has been quite user un-friendly, and it has been quite daunting for those outside the know to get involved. For Metaverse games to be the norm, the onboarding procedure should be seamless, easy to access, and friendly to the casual gamer.

The Future of Metaverse Gaming

As the Metaverse continues to evolve and gain popularity, we can expect to see a number of exciting developments in the gaming industry. For one, we expect to see an increasing number of games that are specifically designed for the Metaverse, games designed to take advantage of the unique features of the Metaverse, such as its scalability and interactivity, to provide players with a more immersive and engaging experience.

In addition, we expect to see a growing number of game developers and content creators focusing on the Metaverse as a platform for their work. This includes everything from indie game developers to large gaming studios, who are looking to leverage the unique opportunities presented by the Metaverse to create new and innovative gaming experiences.

Final thoughts

In conclusion, we believe that the future of gaming is in the Metaverse. Its scalability, interactivity, and potential for monetization make it an ideal platform for both gamers and developers alike, and we expect to see continued growth and innovation in this space in the years to come. As the Metaverse continues to evolve and mature, we look forward to seeing what new and exciting experiences it will bring to the world of gaming.

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