Web 3.0 technology and blockchain technology is a powerful force in our society that many believe will revolutionize how we live. The technology has made significant advancements in many areas, including finance and entertainment.
The rise of online gaming has been characterized by digital assets that are incorporated into the traditional game. GameFi has become a market leader in this segment, and has prompted the growth of Web 3.0 gaming clubs.
The concept of guilds is not new and has been around for many decades. These are, at the core, groups that work together to earn higher rewards through playing in teams and sharing resources. Millions of gamers around the globe enjoy guilds as a way to have a fun, collaborative gaming experience. Guilds have a remarkable impact on the GameFi community and are proving to be incredibly valuable for both their members as well as the entire industry.
The Newest addition to Blockchain Gaming
Method MetaGuild (a Blockchain Gaming Guild) is a joint venture of Everyrealm, Scott McMillan and Method. Everyrealm, a prominent developer and investor within the metaverse’s real estate market, is also a member of Method. Method is an esports organization that focuses on multiplayer online role-playing games (MMO and RPG). Method is building a community of gamers, creators and players to maximize growth opportunities, while creating a world where all are rewarded for what they do. This is achieved by focusing on education, competitive opportunities, and providing members a platform to share and collaborate.
MMG is not the first gaming guild. But their existence has the potential for blockchain games to be more widely adopted. Gaming guilds offer gamers a means to be rewarded and to connect with other gamers. Interacting with others can help create better experiences than if they were playing by themselves.
The creation of guilds allows gamers to take advantage of their talents, creating opportunities that were previously only available to professionals and esports players. Because it gives rewards to only a small group of people in the industry, this could prove to be a major step forward for all players.
This is what does it mean for future gaming?
The blockchain gaming industry will benefit from guilds, which increase player numbers and strengthen the social aspect of the game. Both players and creators will have more options and tools to create and play video games.
A higher number of players will increase the likelihood for better and bigger games being developed. In turn, this will lead to more players who are rewarded with fun games. The virtuous circle will allow blockchain gaming to grow, along with various creators, gamers, and contributors. It then leads to better graphics, storylines, more players, and so on.
GameFi will continue to play an important role in guilds’ future success. Guilds will play a central role in the Web 3.0 revolution within the gaming industry over the next few years.