Skip to content

Play-to-Earn: Do We Really Need Blockchain for Web3 Gaming?

  • 2 min read
  • Latest

Play-to-Earn: Should today’s serious gaming studios be building with Web3 technology? The future of Web3 games lies in Web2 tech, says Corey Wilton, CEO of Mirai Labs.

It may sound like a strange question, particularly coming from someone who’s devoted so much effort to building in the Play-to-Earn (P2E) space. But if we Web3 builders want to create the best possible P2E games, we need to use the best possible resources we have at hand. And frankly, many of those resources lie in Web2 gaming technology. 

Therefore, to create the best gaming experiences for users, Web3 gaming builders need to build everything possible with Web2 technology, and integrate blockchain only when it’s necessary. Here’s how. 

Play-to-Earn: When Do We Really Need Blockchain? 

When it comes down to it, the tech being used to build blockchain-based games is at least ten years behind traditional gaming tech. Those of us building and playing in the P2E ecosystem have decided to make this trade-off in the name of decentralized ownership. 

But is it really worth it for Web3 games to have such outdated mechanics in exchange for blockchain-based solutions?

It isn’t. In fact, many practical things – payments, onboarding, and other gaming elements – are a lot smoother without blockchain. Still, there are some situations when blockchain is the right tool for the job. So where is blockchain technology truly the best solution? 

Which Came First: The Problem Or the Solution? 

Many builders and analysts have pointed out that blockchain could potentially add a layer of interoperability to in-game items and currencies. It could allow them to be ported from one game to another. However, the infrastructure to support this type of interoperability between games will not exist for some time to come. This is even when it comes to games being created by the same studio. So while interoperability is possible,
Read Full Article…