HomeCrypto NewsGaming & NFTHow Web3 Games Are Building the Next Social Networks

How Web3 Games Are Building the Next Social Networks

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Web3 games are helping people connect online in new ways, using blockchain technology to create social spaces. These games let players own digital items, team up, and earn rewards that are worth real money. The blockchain gaming market is set to reach $614.91 billion by 2030, according to Fortune Business Insights, and the growth can be attributed to the social features these games have. However, there are concerns, such as complicated technology and risks of scam. Let us see how Web3 games are forming social networks and what it means for players and social media users.

A Fresh Way to Build Communities

These games let players own in-game assets, for example digital collectibles, which they can trade or use in other games. This ownership makes players feel as part of the ecosystem, pushing them to form active groups. In Axie Infinity, players trade digital creatures and share tips, creating lively communities with over 2 million daily users in 2024, per DappRadar. Blockchain games act like social networks, where players work together, though the technology can be tough to set up for beginners.

Ways Players Can Connect

Web3 games are built to bring players together, with features that support teamwork:

  • Teams and Councils: Players join teams or player-run councils to share items and decide game rules. Yield Guild Games had over 100,000 members in 2024, forming groups like online clubs.
  • Trading Spaces: Players earn digital collectibles or tokens and trade them in game markets. Decentraland’s virtual land sales hit $290 million in early 2024, according DappRadar, letting players bond through trade.
  • Items Across Games: Blockchain items, like avatars from Ready Player Me used by 4 million players in 2024, let people carry their look across games, building a shared social space.

These features turn blockchain games into places for connection, though slow game transactions can be a problem.

Linking to Social Media

Some Web3 projects have partnered with platforms like Telegram and Discord to enable players who joined the project to engage with the rest of the community through chatting. This will help foster relationships among the participants. Telegram’s 900 million users in 2024 can handle game items with easy tools. Discord groups for games like The Sandbox, with 500,000 members in 2024, are spots for planning events and talking. This setup feels familiar but open, though some worry about data safety.

Rewards for Joining In

Blockchain games reward players for playing, keeping them active. In Splinterlands, players earn tokens for battles, with $180 million in trades in 2024, per DappRadar. These rewards have worth outside the game, unlike regular game points, encouraging players to stay connected. But token prices can change, and scams, which cost millions in 2024 per Chainalysis, are a risk.

Issues to Fix

Web3 games have challenges. Setting up digital wallets is hard for new players, and some games have slow transactions due to network limits. Laws about digital items are not clear, which can hold things back. But tools like Polygon, with 1 million daily wallets in 2024, are making things easier, and work to improve safety continues.

What Is Coming

By 2030, blockchain games will have the potential to evolve into massive multiplayer social networks that integrate gaming, interaction, and earning. Blockchain technology is being explored by some mainstream players like Square Enix, and the implementation of reward systems may drive increased participant engagement. If those legal frameworks and network limitations are resolved, these games would redefine how we socialise on the internet.

Final Remark

Web3 gaming is creating social networks where players feel at home to interact with other players, own their assets and build real connections. There are problems, such as technology and scams, but beyond that, the future looks bright. By 2030, these games could change how we interact online. To stay updated, always check and follow this hashtag #Web3Gaming and AltcoinBeacon on X (Twitter) for the latest blockchain gaming trends for 2025 and beyond—whether you’re playing or curious, it’s worth it.

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Harrison Alozie
Harrison Alozie
Harrison is a fintech and blockchain enthusiast with a strong background in business development and operations management. With years of experience in the financial sector, he has developed a deep understanding of emerging technologies, especially in the altcoin and Web3 space. As a writer, he enjoys simplifying complex crypto trends and providing valuable insights into blockchain adoption and decentralized finance. Harrison's goal is to educate, inform, and inspire readers to navigate the evolving world of digital assets with confidence.

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