Event on: 24th Feb 2023
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Web3 gaming and metaverse are taking off due to the demand for a more immersive gaming experience, which is only possible through the use of blockchain technology. These games offer a unique experience that allows users to explore a virtual world that is completely decentralized and secure. With the rise of Web3 gaming and metaverse, the gaming industry is seeing the emergence of many new and innovative games that are pushing the boundaries of the traditional gaming experience. As the technology continues to evolve and become more accessible, the potential of Web3 gaming and metaverse is only going to grow, and Zeeve’s webinar on the 24th Feb 2023 was a great chance to learn more about this technology and how it can be used to create an even more engaging and immersive gaming experience.
Dr Ravi starts with the introduction of the webinar, why the space is heating up, and whether you are a web free Builder, whether you’re an entrepreneur, whether you are a developer, what it means for you in terms of opportunities. During the event, he also talks about the market opportunity, potential, and also provides a snapshot of last year’s growth, investment trends, and the impact it has. He gives a quick recap of what Web3 Gaming & Metaverse mean.
He also speaks about the challenges that Web2 gaming has. He mainly talked about major challenges namely ‘Resources Intensive’, ‘Ownership of in-game assets’, ‘Provable Scarcity and Provenance Tracking’, and ‘Trading in-game assets.
The speaker summarized the challenges that the Web2 gaming industry is facing and introduced Web3 Gaming: A Paradigm shift in the gaming industry. What benefits it has, what do you get, market size, etc.
He explains how metaverse fits into the Web3 gaming industry. He shared his insights on what developments are happening in the industry, and how blockchain, AI, XR, metaverse, Smart Contracts, etc are paving the way for the Web3 Gaming industry.
In the webinar, he talks about how we should look at metaverse from the business perspective, how we can integrate it into our businesses to improve the customer experience, and different use cases of the metaverse.
He discussed how web2 companies are moving to web3, how big players like Microsoft, Google, NIKE, Shopify, etc have created their own virtual worlds. The pain points that Web3 Games and the metaverse industry are facing were also categorized in the below points:
- – Infrastructure Challenges
- – Tech complexities
- – User adoption
He discussed how we monetize this opportunity, and how Zeeve.io can play a significant role in helping them.
Before wrapping up the session, the CEO of Zeeve answers questions asked by viewers. Watch till the end as Dr Ravi receives some excellent questions, and his answers are even better.
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