Through the implementation of Web3 features like digital ownership, play-to-earn models, and decentralized governance, the gaming industry is undergoing a revolutionary shift. Although there are challenges such as scalability, regulatory constraints, and user accessibility, the potential for innovation in Web3 gaming remains significant. Web3 gaming has the potential to usher in a more fair, immersive, and lucrative gaming environment, as seen in the significant increase in player earnings and ownership rights with the adoption of blockchain technology.