Assessment has a significant influence on the process of teaching and learning. It is essential to close the gap between learners' performance and the target performance. The rapid changing of technology reached the assessment community by developing new and different ways of formative assessments. This paper is written to distinguish between paper-based, web-based, and game-based formative assessment and their possible influence on motivation and learning. It presents the main challenges remaining with traditional paper-based classroom assessment and the influential role of technology in improving the application of formative assessment. This paper also discusses the potential of gamification on the future of formative assessment and its influence on motivation and a second language (L2) learning. In this paper, gamification represents the uses of game elements and design in a non-game context such as rewards, badges, leaderboards, challenges...etc. A theoretical and empirical framework has been discussed in the light of literature along with a comparison between the three formative assessment methods. Accordingly, gamification strategies seemed to have a clear value to overcome previous issues of traditional formative assessment in terms of motivation and learning. Future studies are recommended to implement a comparative study to investigate the implication of gamification strategies in formative assessment on L2 students' learning and motivation.