Opinion Pieces

Web3, Decentralization, UX & AI Integration: Future of Gaming in 2024

Explore the latest trends shaping web3 in 2024, from decentralized governance to a UX reset. Dive into the convergence of AI & blockchains, the evolution of 'Play and Earn' games, and more.

Eliza Crichton-Stuart author picture}

Eliza Crichton-Stuart

Head of Operations

Web3 Gaming 2024.webp

As we embark on the journey into 2024, the digital landscape is undergoing a profound transformation, giving rise to a web3 revolution. From decentralized governance models striving for a fairer internet to the redefinition of user experience in crypto applications, the coming year promises groundbreaking innovations. 

In this era of convergence, artificial intelligence merges with blockchain technology, reshaping the accessibility of AI. 'Play to earn' games evolve into 'play and earn,' emphasizing the value players bring to gaming ecosystems. Non-Fungible Tokens (NFTs) cease to be niche and become ubiquitous brand assets, altering how we perceive and interact with digital content. 

This comprehensive deep dive delves into the multifaceted trends of 2024, offering a glimpse into the future of digital evolution and, particularly, its relevance to the dynamic realm of web3 gaming.

Web3 Gaming 2024.webp

Entering A New Era Of Decentralization

In a continuous pursuit of democratizing internet infrastructure, the year 2024 is poised to witness a significant shift towards decentralization. Web3, having served as a 'living laboratory,' is now paving the way for improved models that accommodate richer features. Decentralized Autonomous Organizations (DAOs) embracing Machiavellian principles signal a move towards more effective governance, promising unprecedented levels of coordination, operational functionality, and innovation.

Resetting The UX Of The Future

Crypto's user experience is undergoing a transformation in 2024, as developers introduce novel tools to simplify processes. Passkeys, embedded wallets, multi-party computation, and advanced RPC endpoints are among the innovations reshaping the frontend UX. These advancements not only ease the onboarding process but also enhance the security and accessibility of web3 applications, making them more appealing to a broader audience. Developers actively testing and deploying new tools for resetting frontend UX in crypto apps including projects like MetaMask and Trust Wallet.

Other innovations include:

  • Smart Accounts, which make the accounts themselves programmable and therefore easier to manage;
  • Embedded wallet, built into the application, thus making the onboarding process smoother; 
  • Multi-party computation (MPC), making it easier for third parties to operate without custody Supports signing without user keys; 
  • Advanced remote procedure call (RPC) endpoints that can identify user needs and fill gaps, and more. 

AI + Blockchains Come Together

The convergence of artificial intelligence and decentralized blockchains marks a turning point in the accessibility of AI. As crypto facilitates global, permissionless markets, individuals can contribute and be compensated for their role in expanding AI networks. The synergy between AI and blockchain technology also addresses concerns surrounding deep fakes, ensuring transparency and accountability in the era of abundant AI-generated content. Notable projects include Ocean Protocol and Numerai.

Play To Earn Becomes Play And Earn

The 'play to earn' (P2E) paradigm in gaming is evolving into 'play and earn' in 2024. Recognizing the value users bring to gaming platforms, web3 seeks to compensate players for their time and contributions. This shift aligns with broader changes in the gaming landscape, emphasizing the importance of rewarding users who generate substantial value within gaming ecosystems. The evolution from 'play to earn' to 'play and earn' is particularly evident in gaming projects like Axie Infinity and Decentraland. In Axie Infinity, players can capture more value by participating in governance decisions, exemplifying the transition from gaming platforms to interactive ecosystems where users are compensated for their contributions.

When AI Becomes The Gamemaker, Crypto Offers Guarantees

As AI takes a central role in game development, ensuring the integrity of AI agents becomes paramount. Crypto provides the necessary guarantees, allowing transparency and accountability in AI-driven gaming experiences. In the realm of web3, AI alignment becomes an incentive design problem, and crypto emerges as the solution, offering a framework to diagnose and penalize deviations from established models.

Formal Verification Becomes Less Formal

Smart contract developers in 2024 are witnessing a shift in formal verification methods, making them more accessible and user-friendly. New tools leverage the architectural simplicity of smart contracts, enhancing the developer experience and improving performance. This evolution is expected to result in more robust smart contract protocols, minimizing the risk of costly hacks.

NFTs Become Ubiquitous Brand Assets

Established brands like Starbucks, Nike, and Reddit are actively integrating NFTs into their strategies. Starbucks' gamified loyalty program, Nike's digital collectibles, and Reddit's NFTs marketed to a broad audience exemplify the growing trend. Projects like Top Shot and Cryptokitties, where users collect and trade NFTs, contribute to the mainstream adoption of NFTs as digital brand assets. The use of inexpensive NFTs for large-scale collection further establishes NFTs as integral elements of brand identity and consumer engagement.

Final Thoughts

In the dynamic landscape of web3 gaming, these trends bear particular significance. From decentralized governance models ensuring fair play to enhanced UX in crypto applications and the integration of AI offering guarantees in gaming experiences, real-world examples are shaping the future. As we delve into 2024, the gaming community can anticipate an era where play is not just about entertainment but also about earning, thanks to the evolving paradigms in the digital realm.


updated:

January 9th 2024

posted:

January 9th 2024

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Eliza Crichton-Stuart

Head of Operations

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