Traditional gaming has long been dominated by centralized gaming companies, where game developers have got complete control over in-game assets and economies.
However, with the introduction of web3, the gaming industry is undergoing a significant change towards decentralization.
In regular games, you just play for fun. But in games created by web3 gaming companies, you can actually earn something while playing. This is called “play-to-earn.” It’s like playing a game and getting a reward in real life.
This is a big deal because it gives gamers a chance to earn something valuable, especially in places where jobs might be hard to find.
Top Web3 Gaming Companies
Here are the biggest web3 gaming companies according to the experts at Dipprofit:
- Gala Games
- Nakamoto Games
- Dapper Labs
- Vulcan Forged
- Nalikes Studio
Gala Games is an Ethereum-based decentralized web3 gaming company that builds play-to-earn NFT games.
They’re a unique game company that uses the blockchain to make games where gamers earn special digital items called NFTs while gaming.
These items are called digital collectibles and Gala Games uses different tools and members to help make these games accessible on various devices for all gamers.
Nakamoto Games is a Polygon-based web3 gaming company prominent in building play-to-earn games where players can earn cryptocurrency while gaming and developers can deploy games to a wider user base.
Nakamoto Games offers a platform to developers to place their games on their hub for a wide variety of gamers to download and play similar to how developers drop their games on Google Play Store.
Developers also have the liberty to monetize their play-to-earn games in versatile ways, creating interesting earning possibilities for skilled developers.
When a developer wants to put their game on Nakamoto Games, they follow a process that involves creating an account, preparing their game files, and providing necessary information about the game. This information might include details about the game’s features, graphics, gameplay, and other relevant aspects.
Once the game is uploaded and approved by Nakamoto Games, it becomes available to players who use the Nakamoto Games platform. Players can then search for and download these games, just like how people search for and install apps from the Google Play Store.
Want to check out some of their web3 play-to-earn games? Check out their website by clicking the button below:
Dapper Labs is a Vancouver-based web3 gaming company specializing in creating web3 games and NFT collectibles for a variety of audiences.
Dieter Shirley and Mack Flavelle founded the company in 2018, with a strong focus on consumer-centricity. The company prioritizes the needs and opinions of its customers.
In 2017, Dapper Labs launched CryptoKitties, by allowing gamers to breed and rear digital cats as NFTs.
They also have a huge hand in the development of NBA Top Shot, an NFT card trading system similar to Pokemon Cards, but it allows holders to trade rare clips of an NBA player’s shots or gameplay.
Vulcan Forged is another web3 gaming company that hosts an NFT marketplace, DEX, and an expansive collection of games.
This establishment is situated in the heart of London, United Kingdom. They provide various services such as an NFT game studio, a marketplace, a dApp incubator, and game development services.
They are also notable for pioneering their own play-to-earn web3 game called Vulcan Forged. The game’s features, marketplace, and applications are all hosted on the Ethereum blockchain.
Nalikes Studio is a web3 gaming company that focuses on creating immersive gaming experiences within the web3 ecosystem.
Nalikes Studio specializes in crafting games and digital solutions powered by blockchain technology, NFTs, and the metaverse.
They also help people launch their special collections of digital items and also make virtual worlds where gamers can explore and earn rewards.
What is Web3 gaming?
Web3 gaming refers to the integration of blockchain technology and decentralized platforms into video games, enabling players to own in-game assets and participate in play-to-earn economies.
How do NFTs work in Web3 gaming?
NFTs, or Non-Fungible Tokens, represent unique digital assets like in-game items, characters, and virtual real estate. They are secured on the blockchain, giving players true ownership.
What is a metaverse?
A metaverse is a digital universe that hosts various interconnected virtual experiences, allowing players to socialize, interact, and engage in diverse activities across different games and environments.
Can players really earn money through Web3 gaming?
Yes, play-to-earn mechanisms in Web3 gaming enable players to earn real-world value through their in-game activities and by trading in-game assets.
What challenges does Web3 gaming face?
Web3 gaming faces challenges such as scalability, user experience, regulatory compliance, and ensuring accessibility for a global player base.