How Will Metaverse Change The Gaming Industry?

How Will Metaverse Change The Gaming Industry?

Recently, Mark Zuckerberg announced that Facebook is changing its name to Meta. This move reflected his vision towards creating a metaverse and emphasized its role in the future.

Tech industry insiders and experts have been discussing how metaverse is the future of everything online. This is a significant step by the tech giant, and it has left the crypto and gaming industry in a frenzy.

Due to this, the prices of various crypto assets soared by a significant margin. Experts started speculating and discussing how the gaming industry will change forever due to metaverses.

Numerous blockchain games have emerged in the last two years, making an enormous impact on the gaming industry. The idea behind these blockchain games is that of a metaverse: holistic ecosystem that immerses users who play the game and makes the entire universe feel closer to reality.

Players can engage in gameplay, truly own their in-game assets, and even earn from them through marketplaces. The metaverse will elevate gaming worlds by letting players earn real money, interact with people across the globe, perform other tasks such as trading, and more.

Until the last few years, gaming was primarily a hobby for most of the industry’s audience. Only a small chunk of the users were professional players who earned through esports.

But now anyone and everyone has a chance to earn real money by just playing games in the metaverse. This model is known as the play-to-earn model, and it is already implemented in a few games such as Axie Infinity.

Furthermore, the metaverse engages the crypto world because investors and traders can act as merchants in these games. If playing games doesn’t interest them, they can invest in the in-game assets. They can buy, sell, trade, and even rent out these assets to players who need them in exchange for a fee.

One such niche in gaming is casinos and gambling. People can now participate in casino games such as Baccarat and earn in real-time. This money will either be in the form of the game’s native cryptocurrency or existing cryptocurrencies such as Bitcoin and Litecoin. Litecoin Barracat games are hosted online, allowing people across the globe to earn through them.

In the future, numerous metaverses will emerge and will involve their own native cryptocurrency. So, players in the metaverse will be able to interact with the universe through their crypto tokens. They will also be able to exchange it for fiat money or for other crypto assets.

But this isn’t all. In fact, we’ve barely scratched the surface. A true metaverse would be one where we feel closest to reality. Currently, we access these so-called metaverses or blockchain games through our PCs. Although they elevate the experience compared to the regular games, they’re still far from the true metaverse.

Technologies such as AR and VR will be used more extensively to build metaverses in virtual 3D worlds. We will have our own characters and avatars that interact like we do in real-time, allowing us to truly experience a world that is closer to reality than ever before.


Gaming companies and developers have already started making this idea of metaverse a reality. Concepts such as play-to-earn, marketplaces, interacting with people, etc., are actually possible in numerous blockchain games.

However, this is just the tip of the iceberg, and we have just begun. With Facebook embracing this idea of the new internet, we will be seeing something much more extensive and magnificent in the future. It will be interesting to see how it all unfolds.

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