Is Web3 like playing Minecraft?

Published at: April 30, 2022

How to use Minecraft to understand Web3?

Minecraft makes the transition from analog block building to an immersive gaming experience rather easy and playful.

Users can turn the Minecraft experience into whatever they want it to be. They can play, create, socialize and invest. For everyone who wants to hop on the Web3 train and explore the opportunities of the Metaverse can start by playing the game in a 3D world.

It goes without saying that if you’re familiar with Minecraft or even the concept of online gaming in general, you can imagine how to build and play in one or more virtual worlds. This Minecraft universe, especially with the newest addition of the NFTs, is like the portal to the Metaverse. Build blocks in the Minecraft worlds and continue to build blocks — on the blockchain — in NFT Worlds.

The Minecraft Metaverse?

Minecraft not only enables P2E and enters the world of Web3 gaming. It also is taking the first steps in the Metaverse.

The Metaverse is a network of all kinds of 3D virtual worlds. NFT Worlds is enabling the Metaverse experience, which is what makes NFT collectors, Metaverse fanatics and enthusiastic gamers happier.

NFT Worlds is not only an endless universe of different Minecraft worlds, but it’s also a way to earn money while gaming. It’s called play-to-earn and essentially, you’re earning tokens while playing the game. With these tokens, you can buy NFTs and even collect them if you like. After the decentralized finance (DeFi) boom in 2020 and the NFT rise in 2021, Web3 gaming may be the newest trend for 2022.

Related: Crypto Raiders explains how blockchain gaming attracts new users to Web3.

How will Web3 change our lives?

Web3 will make our online lives more personalized and more secure and will vouch for a better experience.

It’s important to know that Web3 will have to communicate intelligently with people and with machines and data. Software must be able to process information conceptually and contextually. But, in which ways are you going to explore the differences between Web2 and Web3? What is the point of web 3.0?

So, in summary, it will be more user-oriented and accessible, like playing Minecraft. Say what? What’s Minecraft got to do with it? Aren’t little kids playing Minecraft?

How does Web3 work?

Web3 puts major companies like Meta out of business and gives every user rights to develop the next big thing together. Decentralization and the combination of humans and machines will be the heart of the Web3 projects.

There is a reason for users’ passive participation: We’re still busy trying to get the biggest part of the pie. But now, Web3 is in the pipeline. This is going to change radically. In the upcoming years, there’s going to be a shift from tech giants who are “the boss” to individuals who are taking the lead.

When the development of Web3 is concluded and if you’re working within IT, blockchain or crypto space, you’re working on it too, we’re all going to be the boss. Data is going to be stored in a decentralized manner and everyone and everything will be connected. It offers opportunities and has risks at the same time. Think about privacy and compliance risks, smart contract hacks and rug pulls. Greater control requires greater responsibility.

Cryptocurrency, NFTs, smart contracts and blockchain technology will be essential in the upcoming Web3. Smart contracts are fully digital contracts and they will take the lead in a secure and automated online environment. Machine learning, artificial intelligence and the Internet of Things will also have a seat at the table, so you can imagine what kind of revolution this will have on us as daily users of the internet.

Web3 vs. Minecraft

Web3 enables the newest version of Minecraft and will upgrade the gamer experience.

So, we know now what Web3 is, but what’s the difference between Web3 and Minecraft? And, how is it connected to the Metaverse? Web3 is the newer version of the internet, where everything is more connected and decentralized — just like the already existing Minecraft worlds. Minecraft is an adventurous game with endless possibilities, where you can build and explore the ever-changing landscape.

The evolution of Minecraft could easily be described as a transformation from building blocks on your own computer to building blocks for the Metaverse. In March 2022, Minecraft launched a new blockchain layer which is mindblowing news for all the fans. It allows players to access Web3 features in a play-to-earn (P2E) kind of way, as they can purchase items for their Minecraft world. The combination of Minecraft and nonfungible tokens (NFTs) even got a catchy name: NFT Worlds.

With NFT Worlds, Minecraft enters the world of third-party servers. NFT Worlds is built on a Polygon-based layer, so all users get access to the Web3 functionalities. The in-game experience can be made more compelling by purchasing items on the online shop. You’re no longer paying with United States dollar or euro because $WRLD ERC-20 tokens are here to let you play the game.

What is Web3?

Web3 may feel like hype but will most likely be the newest version of the internet.

Web3 is a buzzword lately, especially for those who are interested in technology, blockchain technology and crypto. It’s going to be the future of the internet, where we all are going to take part in. Even though we’re used to buying, watching and finding everything online, there’s one thing we can’t do at the moment: taking the lead.

Giants like Google, Meta and Amazon are ruling the online world right now, but they’re excited for the new making its appearance. Alphabet Inc. CEO Sundar Pichai tells in a Bloomberg interview he’s “watching the blockchain space and looking at how Google’s parent company can add value to development of the technology that’s being embraced by many of his Silicon Valley peers.”

Related: How to use Minecraft to understand the metaverse and Web3.

Tags
Blockchain
Web3
Metaverse
Minecraft
Related Posts
How to use Minecraft to understand the Metaverse and Web3
What is the Metaverse? The Metaverse is a term coined by Neal Stephenson in his 1992 science fiction novel Snow Crash to describe a future virtual reality-based online world. Some have gone as far as pronouncing Stephenson’s novel a prediction of the future. Before you agree that it’s some mystical peek into the future and invoke the rules of time travel, let’s first investigate what the Metaverse is through the lens of something much more accessible: Minecraft. But, more on this later. Unlike the internet or even virtual reality as we know it today, the Metaverse would be a fully …
Technology / April 23, 2022
Wear-to-earn NFTs target the billion-dollar fashion industry
The rise of the Metaverse and Web 3.0 are set to disrupt multiple sectors including the billion-dollar global fashion industry. As the world moves from physical to digital, traditional fashion design can transform into virtual wearables that can be leveraged in both augmented reality (AR) and in real life. Megan Kaspar, managing director at Magnetic Capital and member of Red DAO — a fashion-focused decentralized autonomous organization — told Cointelegraph she believes that digital fashion nonfungible tokens, or NFTs, will be the largest NFT category of Web 3.0: “Digital fashion NFTs include clothing, shoes, jewelry, accessories and more that can …
Adoption / Dec. 1, 2021
The metaverse will change the paradigm of content creation
Content constitutes the essence of the internet and comes in many different forms that the current Web2 internet iteration supports — text, audio, video or a mix of all three. However, content is scarcely a free resource. It is content creators who are now becoming opinion leaders, influencers and the cornerstones of so many of the critical services businesses rely on, such as advertising, marketing and public relations management. The need for content and its strive for independence — embodied by thousands of bloggers and indie performers — has spawned an immense online economy that trades talent and often rakes …
Artists / March 20, 2022
Blockchain ecosystem guarantees luxury products for life with infinitely regenerating products
The war between the luxury industry and counterfeiters is a story as old as the goods themselves, with many normalizing the concept of vendors filling busy city streets with realistic-looking knock-offs and finding quality dupes online. Sadly, what few realize is the impact that counterfeiters have on the economy as a whole, a reality that has forced many companies to invest in ultra-sophisticated tech solutions such as artificial intelligence (AI) to verify the authenticity of their products. When technology hasn’t been an option, brands have looked to the government for their power to seize and destroy fake goods in an …
Blockchain / May 19, 2022
Can the Metaverse exist without blockchain?
So, is blockchain ready to take on the Metaverse journey? In essence, the ideal metaverse must be on blockchain rails, which mandates inclusive incentives centered around creators and users while still offering immersive and seamless virtual experiences. The Metaverse is not just about the experiential elements; it is also about the economic aspects. The financial incentives must be centered around the real value creators. Those who create content, and regularly interact and transact on the platform are the ones who are creating value. While the economic model possibilities are exciting, and several hopeful glimpses of these possibilities have emerged, there …
Blockchain / Sept. 20, 2022