![]() ![]() The reality is that it will be a select few that will ever be able to buy, sell and trade items at the right time and make the most money possible. However, this is of course wishful thinking. To some players this presents itself as an opportunity to make serious money, and many will believe that they will bel able to read the markets and will know when the best time to sell their items or trade the currency will be. This model requires players to buy and sell items at the best times in order to maximise their earnings. ![]() ![]() Of course, this would be a very extreme case, but the point still stands that almost all play-to-earn games do not allow players to make traditional cash from playing games, but instead tradeable rewards with a cash value. So why do some players think it’s a drawback that many play-to-earn games are centred around rewarding players with their own crypto-currency and NFTs? One reason for this is that crypto and NFT markets can be largely unpredictable, meaning that a player’s earnings from a game could be worth thousands of dollars one day and be worthless the next. ![]() Most of these games have their own crypt-currency attached to them, which is one reason that some players have drawbacks when it comes to play-to-earn games. Many play-to-earn games provide multiple ways for users to earn money when playing, with crypto-currency rewards and NFTs. Until now video game developers and publishers have held all the cards when it comes to making money from video games, but to many players the play-to-earn genre is offering them a whole new way to approach gaming, and a model that allows them to make real money from their hobby.Īs mentioned above, there are already play-to-earn games that are making a mark on the gaming industry, with Axie Infinity eclipsing 2 million daily active users in December 2021. The genre itself is still relatively new, so just how profitable these types of game will be is still a mystery, but it certainly does offer up a fresh dynamic in the world of gaming. To put it simply, play-to-earn games are games that allow players to monetize their gaming experience, rewarding players with tradeable in-game items, NFTs or crypto-currency. In this article we will look at the play-to-earn genre and the controversies surrounding it and forecast the developments we will see in the play-to-earn genre in 2022 and beyond. Whilst these games have their differences, they are all designed with one thing at their core – giving players the ability to monetize their gaming experience and earn money through playing. Play-to-earn games take many different forms, a lot of them are mobile based game like Sky Mavis’ Axie Infinity, whereas some are already branching out into PC formats, such as The Sandbox Game, described on their website as ‘a virtual Metaverse where players can play, build, own, and monetize their virtual experiences’. The premise of play-to-earn gaming is a simple one, it’s a system wherein gaming grind would be rewarded with real cash, or items with a cash value like NFTs, or even crypto-currency. With the emergence of NFTs in the video game scene, as we have previously covered NFTs impact in video game market, with it we have seen the rapid rise of play-to-earn video games. ![]()
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