First of all, the use of Web3 technologies has influenced the economic models of games, expanding the possibilities of monetization and created a whole sector – GameFi. Developers were able to create unique and valuable game items in the form of NFTs, which players can buy, sell and use outside the game world.

Smart contracts and blockchain have also made it possible to create decentralized gaming economies where players have full control over their digital assets and can exchange them without intermediaries.

Web3 technologies also allow users to actively participate in game development. Gamers can create their own content, participate in voting on new features and game changes, and receive rewards for their contributions to the development of the project.

The adoption of Web3 technologies is also helping to expand economic ties between games, enabling the creation of game ecosystems where digital assets and data can move between different projects and platforms.

To summarize, smart contracts and blockchain present a number of innovative opportunities for game creators and players:

• Selling and trading digital assets. NFT technology enables the creation of collectible game artifacts that can have a high value on the secondary market.
• Project Funding. Crowdfunding platforms and initial token offering campaigns allow developers to raise funds from investors by offering digital assets as rewards.
• Player participation in project development. Users have the opportunity to influence the development of game projects by taking part in voting within the DAO or participating in the joint development of new functionality. This approach has significantly increased gamers’ involvement and, consequently, the popularity of such projects.
• Rewards for gaming activity. Players can receive tokens for achievements, progress in the game or active participation in the community.