Hey Amy, I've been hearing a lot about web3 gaming lately. What's the big deal?

Web3 gaming is really changing how players interact with games, Sam. It's introducing things like true digital ownership and play-to-earn models.

Play-to-earn? You mean people can make money playing games?

Exactly! Games like Hamster Kombat on Telegram let players earn in-game currency that can potentially be converted to real money.

That sounds cool, but why is this important for game developers?

It's all about engagement. Web3 games are creating 'stickier' experiences that keep players coming back. Traditional games are struggling with declining revenues and rising user acquisition costs.

I see. So how else does web3 make games more engaging?

Well, there's a big focus on community building. Platforms like Immutable and Avalanche are creating ecosystems where players can transfer assets between games and earn rewards for their loyalty.

That's interesting. Does this affect how players identify themselves in games?

Good question! Yes, it does. There are new standards like ERC-7231 that let players link multiple gamertags to one profile, creating a unified identity across different games.

Wow, that's pretty advanced. Is there anything else web3 brings to gaming?

Definitely! Web3 games can offer much more personalized experiences. By storing player data on the blockchain, games can use AI to adapt and provide tailored challenges for each player.

That sounds like it could make games a lot more interesting. Are traditional game companies getting involved in this?

Many are starting to take notice. The article suggests that traditional gaming will inevitably converge with web3 as these new models prove successful.

It seems like web3 is really shaking things up in the gaming world!

It certainly is, Sam. It's creating a whole new paradigm where players are more like stakeholders in the games they play.