As its name suggests, Play-to-Earn (P2E) involves players playing a game and earning an income. Depending on the game, there are different economies, strategies, and methods to build a reliable revenue stream.
Recognizing the drawbacks of ‘traditional gaming’, developers are capitalizing on blockchain technology to build their games; a large part of that process involves creating NFTs/tokens to represent digital assets and in-game currencies. This may seem inconsequential, but the implications are more significant than you think.
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Axie Infinity Case Study
Axie is a new type of game, partially owned and operated by its players. Earn AXS tokens by playing and use them to decide the future of the game.
Build unstoppable teams of Axies and conquer your enemies! Each Axie has unique strengths and weaknesses based on its genes. With billions of possible genetic combinations, the possibilities are truly infinite!
Axie represents the games they dreamed of playing while growing up. They combine many nostalgic concepts from their favorite childhood experiences while adding a sprinkle of Blockchain magic to empower their players.
They believe in a future where work and play become one.
‌They believe in empowering their players and giving them economic opportunities.
‌Most of all, they have a dream that battling and collecting cute creatures can change the world.
Here are good reads for you.
- How to play Axie Infinity Game and Mine AXS token
- Axie Infinity (AXS) Price Prediction from 2001 to 2028
- Axie Infinity Review
My Defi Pet Case Study
My Defi Pet is a blockchain game that allows players to engage in activities such as collecting, breeding, evolving, and battling different breeds of animals.
The player must grow and cultivate their land with crops, cages, and other buildings to make sure their land grows and continues to flourish with animals.
Players are required to purchase the native token DPET in order to purchase their first My Defi Pets and complete other in-game activities such as breeding.
In the future, there will be a play-to-earn aspect in which players may be able to earn DPET tokens, similar to SLP tokens in the game Axie Infinity.
The blockchain gaming community is growing quickly, every day. And I am proud to be part of something that is changing the way people play video games and earn beyond convention.
Here are good reads for you.
SHARE YOUR OPINIONS IN THE COMMENT SECTION BELOW, WHAT DO YOU THINK ABOUT P2E (PLAY TO EARN)
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How can we get on board for this?
💕💕💕🤑What a great idea 📲
This Game is worth giving the try
No longer playing games for leisure, but playing to earn. Blockchain changing our world.
That means this token will do well?
This game token has a future considering the interest of young chaps in playing games and much more that they can earn by playing, which invariably means they’re not whiling away time as it used to be but rather trading it.
Thank God for the brain behind these innovations because with time these may reduce rate of unemployment. I also perceived that lucrative careers may be built around them through competitions.
I would say P2E is a way to compensate players for their time and effort put into the games. Also it serves as a way to get people to play these games.
If everyone will em brace blockchain technology, there will be no one that isn’t engaged. If playing can pay.
Good idea