Date: Friday 1st September
Decentralised gaming platforms offer numerous benefits over traditional gaming platforms. Firstly, they allow for greater player autonomy and ownership of in-game assets.
This means that players have more control over the games they play and can earn a living from them. Secondly, they offer greater transparency and security, as all transactions are recorded on a public blockchain that is verifiable by anyone. This reduces the risk of fraud and hacking, which is a major issue in traditional gaming. Finally, decentralised gaming platforms can be more inclusive, as they are not controlled by a few dominant players who dictate the rules.
Web 3.0 offers the potential to create truly immersive and decentralised virtual worlds that are owned and controlled by the users themselves. These worlds can be used for a wide range of purposes, from gaming to socialising, to education and beyond. They can also be used for virtual events and conferences, which have become increasingly important in the wake of the COVID-19 pandemic.