“Play to Earn” so-called “game to earn crypto”. When finance meets entertainment, people play to earn! We spent time, money and energy playing computer games, which we have paid to buy them. But thanks to the blockchain and cryptocurrencies, we can play the game and earn money (cryptocurrencies) as a reward!
Introduction
In recent years and due to pandemics and several months of lockdown, technology activists had time to develop a new approach based on the blockchain ecosystem! And from the other side, lockdown cities force people to find a way to kill time, and online games always are a choice! People play computer games through the blockchain network and get rewarded or make new things in the game #NFTs and earn or make wealth!
NFT are a branch of the digital assets tree where each token or asset is unique and isn’t interchangeable
There are different levels for online games!
1) Centralized games, in which the player can purchase a unique feature (NFT), and during the game, they will be the only person who has access to those digital assets!
2) In another level of these types of games, players have a wallet connected to their game, and they can store their digital assets to their TOKENs/NFTs segment of their crypto wallet, and they can use stored things like a sword or a gun whenever they are playing and need to use them!
3) At this level, we almost have all the points mentioned above. Besides, these types of games are blockchain-based and completely decentralized. Each player can make changes in these games, and all devices through the network will record new changes. Some games go through other blockchain networks, and some have specific blockchains, called self-governance games!
This industry is fast growing. Many tech entrepreneurs invest in this scope, like famous billionaire Mark Cuban. According to the coin market cap website, we have over 206 “play to earn crypto games” when writing this article, which might become a more extensive market!
But Why?
Some of these games need the players to step out of their safe place! The only thing they need is their devices, tablets, or smartphones! They are walking around in different areas, playing, spending money to buy NFTs and play, getting rewards, and earning money. Some Redditors claim that they have earned up to USD60.00 per week!
It helps their advertisements come to people’s eyes more than ever!
In these types of games, we don’t see annoying popup ads. Instead, we are becoming dynamic parts of the advertisement!
NFT Games, which are subsidiary parts of P2Es is here to stay, according to Kimberly Gedeon.
Axie Infinity, an NFT-based online video game which uses Ethereum-based cryptocurrencies
Top 10 Play to Earn
Top 10 P2E games (Tokens) according to CoinMarketCap:
- Axie Infinity AXS
- Decentraland MANA
- The Sandbox SAND
- Gala GALA
- WAX WAXP
- MyNeighborAlice ALICE
- WEMIX WEMIX
- Illuvium ILV
- UFO Gaming UFO
- Radio Caca RACA
Conclusion
We are on the edge of tradition and a modern decentralized and digitalized world!
First, Games that were getting the help of AR and, then, cryptocurrencies! With Games, we could entertain ourselves through network games or outdoor digital games, and with cryptocurrencies, we can pay whenever to whoever for whatever we want!
Now we can entertain ourselves with games and look at Play to Earn games like an occupation Play to Earn is the simplest and the broadest phrase that can transfer the meaning! Actually, “Play to earn” is the best abstract of this article itself.
Now we live in a fully digitalized world, and big corporations purchase Metaverse properties. We are going to a destination we do not know where it would be, but at least we can Play to Earn, which is fun.