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BREAKING: Web3 Gamers Still Stuck in Digital Dungeon Because ‘Ownership’ Means Squat Without Interoperability (Spoiler Alert: It’s All Just a Bunch of Hot Air)

BlockchainCrypto NewsFeatured Doug Martinez October 4, 2024

A digital avatar stands in a desolate landscape, surrounded by broken chains and shattered glass. In the background, a cityscape looms with abandoned buildings and dark skies. The avatar's eyes glow bright blue as it looks out towards the viewer. A faint outline of another game world can be seen through the cracks on its body.

The Web3 gaming industry has been touting its promise of ownership and interoperability for years now – but like everything in crypto land it’s all just a bunch of hot air. The idea that gamers will be able to seamlessly transfer their digital assets across different platforms is still nothing more than a pipe dream, much like the rest of Web3. It seems no one actually cares about delivering true ownership and interoperability, despite Vitalik Buterin’s imagination being sparked by his disappointment with World of Warcraft – after Blizzard took away his warlock’s Siphon Life spell. Ownership without interoperability is worthless, folks.

Source: cointelegraph

Web3 game asset ownership is worthless without interoperability
https://cointelegraph.com/news/web3-game-asset-ownership-interoperability
The entire premise of Web3 gaming — like everything in Web3 — hinges on the “ownership of digital things on the internet.” In reality, this promise hasn’t been fulfilled. Despite the buzzword soup in every pitch deck in the industry, few actually care about it. Fewer still are working to make it a reality. It’s ironic given the lore on which Web3 was built. Ethereum co-founder Vitalik Buterin’s imagination was […]

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About the author

Doug Martinez

Doug’s foray into NFTs was a monumental disaster, losing his entire life savings on digital junk that turned out to be worthless. Fueled by a mix of rage and disbelief, Doug crafts scathing, darkly comedic articles about the NFT madness. His writing cuts through the hype with bitter clarity, exposing the folly of the NFT craze. When he's not raging about his losses, he’s probably still trying to comprehend why he fell for this ludicrous scam.

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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