Are Web 3.0 Games Fun to Play?

Joseph Bello
Coinmonks
2 min readSep 3, 2023

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In recent times, Web 3.0 games have been the talk of the town. These decentralized blockchain-based games promise to revolutionize the gaming industry by introducing financial incentives and true ownership of in-game assets.

Yet, despite the hype surrounding them, many gamers, including myself, have found ourselves returning to the familiar embrace of Web 2.0 games. But why is that the case?

In this article, we will delve into the world of Web 3.0 games, explore their shortcomings, and discuss how they can evolve to truly engage players in a holistic gaming experience.

The Promise of Financial Rewards

Web 3.0 games, often built on blockchain technology, aim to inject a new dimension into gaming by offering financial rewards. These rewards come in the form of cryptocurrencies or non-fungible tokens (NFTs), promising players a chance to monetize their gaming skills and investments.

However, the emphasis on financial incentives in many Web 3.0 games has led to a crucial issue: the neglect of immersive gameplay elements. Gamers, while enticed by the prospect of earning rewards, often find themselves unfulfilled by the actual gaming experience.

The Extrinsic Reward Dependence Theory

To explain this phenomenon, we can turn to the concept of Extrinsic Reward Dependence. This psychological theory explains how individuals can become overly reliant on external rewards or motivators to engage in a particular action, such as playing a game. In the case of Web 3.0 games, the initial buzz around the launch, driven by financial incentives, often fades quickly once these rewards are no longer available.

The Reality of Gaming

Let’s be clear: this isn’t a critique of the concept behind Web 3.0 or blockchain games.

The potential to merge blockchain technology with gaming is undeniably promising. The issue lies in the skewed focus of many developers who prioritize incentives over the intrinsic joy of gaming.

A Holistic Approach for Web 3.0 Gaming is to establish a robust Gaming Economy, it must broaden its perspective beyond financial incentives alone. The key lies in finding a balance between financial rewards and immersive gameplay.

Here’s a proposed equation:

Financial Incentives + Immersive Stimuli = Engaged Gamers

Instead of solely concentrating on:

Incentives

Financial incentives should be seen as a complementary aspect of the gaming experience rather than the driving force behind it. Players should be drawn to Web 3.0 games not only for their potential earnings but also for the captivating and immersive worlds they offer.

The Path Forward

In conclusion, the future of Web 3.0 games depends on their ability to provide a holistic gaming experience. Developers must realize that gamers are seeking more than just financial rewards; they yearn for immersive, engaging gameplay. By striking a balance between incentives and immersion, Web 3.0 games can unlock their true potential and usher in a new era of gaming.

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Joseph Bello
Coinmonks

A creative Web2.0/Web3.0 content writer who helps brands & clients achieve credibility and visibility while being relatable to their target audience.