What if they are wrong about the web3 revolution?
Here is how we at Starchain Gazer see this revolution really happening!
You’ve probably heard that the web3 revolution has arrived, and the world is forever changed. But is this really what’s happening? Or is it being overhyped by the media? The truth is we are far from changing the world, but there are milestones to reach before making it happen. And guess what? Starchain Gazer is trying hard to pave the way toward making this dream a reality. Let’s dive into how the gaming industry can help materialize this so-called web3 revolution.
What will it take for the real web3 revolution to take place?
There are some well-known obstacles on the path leading to mass adoption of the web3 technologies. Until we break them, this evolution remains a distant dream. The industry will only transition if:
1. Web3 creators focus on lowering technical blockchain barriers
The web3 user experience must be created for everyone. Although blockchain technology is the foundation of the web3 revolution, the vast majority of people are completely laymen in its concepts or even in its necessity.
We need to lower any barrier that keeps gamers from playing. Sure, user acquisition is already a complex challenge. But the blockchain word adds a barrier of complexity that is very hard to overcome autonomously without previous knowledge of the area.
The first seconds of experiencing any kind of application, platform, or game are crucial, which is why our product designers should focus singularly on letting users feel the excitement of the game. That is, without encountering pain points such as “What is a wallet?” or “Why should I be responsible for the security of my private key?”
It is our responsibility to keep the values of blockchain technologies by obfuscating technicalities for a smooth and friendly experience from start to finish.
2. Projects stop targeting only crypto native users
We can’t have products that only aim at those who already have plenty of crypto knowledge. Since the very concept of web3 gives people so much power, we shouldn’t be the ones to impose limits on who can and cannot have access to it. The web3 is supposed to help close the gap, not widen it.
If blockchain technologies want to reach massive adoption, our acquisition strategy should act as such. Instead of touching only a portion of the gaming community, why not do the logical thing and embrace all potential users?
3. Token economics and game design are complex science topics
Game economies have a lot to gain from blockchain technology, bringing benefits not only to the game but mainly to the players. However, it adds an entire layer of complexity that alters the conception of the game design and experience. To succeed in building harmony between token economics and the game concept, here is what the design needs to work hand-in-hand and synchronously:
- Game Design
- In-Game Economics
- Tokenomics & Web3 Architecture
Token economics must be built through modelization, economics, and financial engineering. An economy is a living and ever-changing system. By scientifically approaching the decisions that must be made, a project can protect its user base by putting in place an optimized system driving economic growth.
Why Web2 games will seduce fewer and fewer gamers over time
As every industry evolves through technological advancement, traditional games are facing a slow but logical transition to the world of Web3. But to understand the reasons why blockchain gaming is gaining space, we need to look back at the Web2 games’ biggest limitations:
The games’ ecosystems are under the editors’ control
The entire game’s ecosystem is bound to what the editors’ strategy decides. The game communities are monetized once the games are launched and are also bound to end if the game’s services retire.
Currently, the vast majority of games still do not include their communities enough, even though they are the ones creating the most value for studios. We hope to see this doomed to the past. The game communities should be included in the evolution of game strategies, and we insist that Starchain Gazer upholds this vision.
Game immersion and User-Generated content is limited
With Web2, the gameplay is also limited to game sessions. As much as users want to dedicate themselves deeply to a game universe and create powerful User-Generated Content (UGC), that universe is finite. It belongs to the game alone and nowhere else. It cannot be expanded to the real world.
Even the most creative and complex skins and mods are bound to the game studio, with no ownership or even great recognition to the actual creator. If they decide to simply erase the skins you’ve purchased or invested time and funds in, that’s it. You’ve wasted your money on an asset that was never truly yours.
There are no revenue streams for the community
While traditionally all game profits were centrally controlled and exclusive to the studios and developers, blockchain games can reward all those who contribute to the economic success of the project as well.
The redistribution of revenue streams is one of the most promising points that Web3 makes possible in the gaming industry.
You might ask yourself how? The merging of in-game economics and tokenomics enable the editor to create sinks collecting fees based on tokenized in-game assets. It is a very hard task to create a fair system with a non-pay-to-win logic. It means that loyal players and influencers can finally take a shared portion of the value they helped build in the game. Stakeholders united around what should be a unified Governance & Utility token, as well as core gameplay assets tokenized.
How Starchain Gazer’s vision unites Web3 applications with gaming
As you may already know, Starchain Gazer is on a mission to make blockchain gaming mainstream. We believe that GameFi can help the Gaming Industry to shift to a participative, transparent, and broader experience.
We are aware, however, of the challenges of this quest. The web3 revolution we fight for isn’t going to happen if we don’t make it universal.
Our team will be facing the rejection of change from traditional gaming communities and Web 2.0 investors, the skepticism of cryptocurrency concepts, and our tokenomics. But we are not afraid of challenges that could only motivate us to contribute toward making a meaningful change.
Because we understand very well the faults of both web2 and web3 games so far, and also how new technologies can improve the gaming scenario, we feel more confident than ever that our mission is fair and necessary.
Are you joining the movement?
Interested in learning more about next-generation games? Join Starchain Gazer’s journey uniting Web3 and the gaming industry.
