Web 3.0 is a third-generation Internet service for websites and applications. Which provides you with a data-driven and semantic web. And for that, it focuses on using its one machine-based understanding. Web 3.0 has an ultimate goal. Check Why Gaming companies are excited about Web 3.0 in India?
That is to create a more intelligent, connected, and open website. Basically, its data is interconnected in a decentralized way. Which is a huge leap on the Internet for our current generation. And most importantly, the data here is mostly stored in centralized repositories.
Meanwhile, this is considered to be the next big evolution for the Internet. In addition, according to industry experts, it revolutionizes games. Just think how much power Web 3.0 has. Who else will not be excited about it!
I feel so excited about myself, what can I say! Because Web 3.0 is a huge evolution for our future. I’m making things easier. See the main idea is that users are rewarded for their in-game resources. More importantly, there is a wealth of resources here. And it goes beyond the game.
Because for any game to be fun, they have to be meaningful. And there are reasons to be. This allows you to play the game with or without blockchain. And this is what makes your game more fun.
IGDC was held in Bangalore last week. Where Akash Mandhar has given many opinions about Web 3.0. According to him, the dynamics between the games and the gamified economy with the economy will create the future.
Which is very important for Web 3.0 games. Not only that, these games will not see the initial involvement. And Mandhar called it a conjecture. Where it enters the place of many people.
Moreover, once there are enough high-quality games that can be found. As a result, there is likely to be a competition around which games people will play.
There are other reasons why gaming companies are excited about the possibility of 3.0 games in India. One of the reasons is that users are now spending more on in-game and in-game purchases. In the past, companies had the idea that Indian gamers were not expensive.
But that idea has changed completely. On the contrary, gaming companies are now looking at India. Just think, they used to despise India now they respect India. Under these conditions, next-generation games are now under development.
Not only that, their economic and game design is going to be tougher. However, next-generation games continue to offer a similar user experience. What could be better than this!
It also provides ownership. Generally speaking, people will then invest. In addition, they will not hesitate to buy Web 3.0 components. According to Mandhar, games have a long development cycle.