A Web3 Console Might See the Day Next Year Thanks to Zilliqa

Zilliqa has announced the release of a web 3 video game console. It would feature a virtual currencies’ wallet or mining capabilities. The first title would be a first-person gun game.

A design was recently launched. All configurations have yet to be disclosed. The design has a primary HDMI connector, Ethernet, USB-C, and USB-3 ports. The device will include web 3.0 support, allowing users to connect virtual currencies, wallets or mine cryptocurrency.

The study stage of the device’s development lasted six months. Zilliqa wishes to incorporate web 3.0 features such as virtual currencies’ wallets or mining capability into a video game environment. Zilliqa tokens (ZIL) could be obtained by completing in-game activities or missions. Including mining, abilities imply that individuals would be allowed to extract ZILs.

Zilliqa has teamed up with XBorg, an esports business on Web 3. The X.borg public will have testing entry to Zilliqa’s video game hub during the testing period. The device will come with two gameplays; one is a first-person shooting game.

On the 12th of September, Zilliqa posted a report labeled ‘Web3 Gaming in 2022 and Beyond’ on its website. According to the document, Zilliqa might attempt to tackle the downsides of web 2.0 video games rather than simply providing a new video game console. According to the document, conventional web 2 video games were limited and did not prevent players from buying or selling in-game products on the black market.

A high potential

The expected revenue of combining Web3 and video games is significant; nevertheless, the power of the in-game coin or monetary system is critical. Making Web3 available via a video game console could increase virtual currency implementation while onboarding more gamers.

Traditional video game environments are like fenced gardens with no player-to-player commerce, allowing them to keep 100% of the income when gamers exchange with one another; the game changes.

Web 3 video games allow gamers to possess and sell products genuinely. In essence, all player goods would be NFTs. NFTs could appear absurd in art. On the other hand, the possibilities of NFTs in video games are a separate matter.

The overall advantages of Web3 gaming frequently pass over and enhance numerous facets simultaneously. For user additions, Web3 video games, for example, significantly improve socializing. When it pertains to user interaction, Web3 initiatives have increased immersive experience. User-generated material has a significant impact on customer retention. In addition, when it comes to consumer income, Web3 introduces new and enhanced income streams.