Web3 Revolution in Japan's Gaming World: A New Era of Entertainment

Nintendo and Sega are something that was on the minds of the world in the 20th century. Japan was the country that dominated the gaming industry over other nations. The country of the rising sun has released many games that became bestsellers even in the most remote corners of our planet.

Speaking about Japan as the leader of the past decades in the computer game industry, it is also worth remembering the unique game Tamagotchi and Tetris. Every person dreamed of trying to play this «digital revolution» personally as soon as possible.

However, Japan's dominance in this field did not last too long. The fault is the rapid development of other countries, especially the United States. This powerful country was quickly introduced into the new sphere of activity, and there appeared RockStar Games, Sony, Valve, and other companies. Moreover, they started to mass-release game consoles, which left no chance for the old Nintendo.

Japan has recently announced to the world that they are ready to return to this niche and become number one again. Their comeback is directly related to the era of blockchain, cryptocurrencies, and entertainment that allows you to earn money.

Also read: VCGamers Supports Indonesian Game Developers Entering the World of Web3

The New Web3 Gaming Industry

"Play2Earn" entertainment appeared not so long ago but has already gained popularity among Internet users. Just a few years ago, in many information resources appeared loud headlines about Decentraland, Axie Infinity, The Sandbox, and other games to earn money, which quickly swirled all over the network. Why so? It's every gamer's dream to play wonderful games, have fun, and earn money for it. Users receive special rewards in the form of cryptocurrency for different actions: victory over the opponent in a fight, winning a race, increasing the level, and so on.

This is where the country of the rising sun has made an excellent start to dominate this relatively new niche in the future. There are several reasons for this, which we'll talk more about below.

State policy Japan

What Japan's authorities show and do is one of the unique cases. While other countries are emphasizing gas, oil, and expensive metals, Japanese politicians are supporting new blockchain technologies.

They believe that the future is Web3, so they provide strong support for developers and all users. This can be clearly seen in the attitude of the government towards drafting new laws regarding this niche. Moreover, the Prime Minister of Japan has personally expressed that soon, blockchain will be the thing around which the entire global economy will be built.

Tradition and Culture

Japan in general is closely connected with games and gambling. And although gambling is officially banned in this country, it does not cancel the Japanese love for adrenaline. Japanese people are legally allowed to play at online casinos, where millions of them try their luck and get rich. At coingambling.info you can check out the popular crypto casino options where you can pay with cryptocurrency and play games.

Involving The Best Companies

With the appearance of Web3, blockchain, and «Play2Earn» entertainment, a lot of gaming companies have expressed their interest in the industry. This is not just talking, as popular companies Ubisoft, Sega, and others have already started developing new projects on blockchain that will soon see the weight of the world.

Gamers will definitely be happy that such giants have taken up the task of creating something new and promising.

Great Interest from Partners and Investors

Not only gaming companies are interested in this niche. SBI Group is looking at the potential of games that run on blockchain and has already created a new trading platform for NFT. This will become a place where players can sell and buy "virtual items" from games in the future.

A host of other financial institutions in Japan have shown interest in entering this digital race. They are willing to fund billions of dollars to developers and computer companies.

The Large Number of Developers

Obviously, with such rapid development of Web3, there are many developers who have learned how to create games built on the blockchain system. Developers from all over the world are gathering in Japan as they realize that today, all the optimal conditions are created here to create masterpieces that will bring a lot of money. Even some foreign game companies wish to move to Japan to continue conquering Web3 in this country of technology.

Also read: Games Have an Important Role in the Development of Web3

Conclusion

Japan is back on its way to becoming a leader in the gaming industry with the advent of Web3. All the facts give the prediction that the revolution of video game creation will happen here, and the whole process has already begun. This country knows exactly how to make good video games that millions of users will enjoy.