Are you a gamer who aspires to earn money from your passion? If this is the case, you are not alone! Numerous gamers think of earning big money play to earn games, but not everyone understands how to make this dream a reality.
However, you may be surprised to hear that there are more gamers who have discovered methods and means to make their ambitions a reality than you believe. These individuals are currently making money in the video game business.
PlayToEarn is a ground-breaking website that compiles a comprehensive list of all play to earn games that include blockchain technology and reward players with gaming cryptocurrencies or non-fungible tokens (NFTs). This implies that just by visiting the PlayToEarn website, you may earn money playing play to earn games!
A dynamic gaming industry
Over the previous few decades, the gaming industry as a whole has developed considerably. Gaming technology has advanced dramatically, and gadgets have come and gone (from antiquated portable gaming devices like Nintendo’s legendary Game Boy to today’s plethora of sophisticated virtual reality systems).
Video games have always been very popular on a global scale – especially among younger generations. Now, video games are more popular than ever, with an increasing number of adults taking up the passion. This has resulted in the gaming industry reaching a value of $178 billion in 2021 (and predicted to exceed $295 billion in the following five years). Blockchain-based innovations in play to earn games have been a big driver of this predicted increase.
What is play to earn gaming?
Play-to-earn (P2E) is a ground-breaking gaming paradigm in which players earn a range of incentives just by playing certain play to earn games.
Why has the gaming business evolved more toward NFT and blockchain play to earn games in recent years? To be sure, more attention has been paid to the issue of digital ownership, and it has become clear that the majority of players no longer want to lose out on potentially profitable prospects presented by technology.
Rather than spending hours playing a game and real money on in-game purchases, players may now create genuine investments that can be sold later. This implies that gamers may make enough money to survive on via the P2E model, especially now that the worldwide COVID-19 epidemic has made it more difficult for many to secure regular jobs.
To get started in the gaming industry, visit the PlayToEarn website now and discover the most popular blockchain play to earn games!
The finest resource for gaming
PlayToEarn is an excellent resource for gaming, with clear, complete listings of blockchain gaming statistics accessible to assist you in making intelligent gaming investments. PlayToEarn’s extensive collection of blockchain play to earn games might assist you in earning cryptocurrencies or NFTs. Gaming cryptocurrencies are those that are integrated into video games to reward players for certain accomplishments, while NFTs are one-of-a-kind tokens with unique properties.
To assist you, you may filter the massive list of blockchain play to earn games by genre, status, device, and more!
Along with listing all known blockchain play to earn games, PlayToEarn has compiled a comprehensive list of all blockchain game-compatible cryptocurrencies and NFTs for the benefit of site visitors, as well as an extensive list of virtual world game land structures for gamers interested in digging a little deeper.
Essentially, if you’re interested in making money while playing play to earn games, you should consider PlayToEarn as the most helpful resource for assisting you in this endeavor! By paying close attention to each game’s PlayToEarn score, you may start earning bitcoin and non-fungible tokens in all of your favorite blockchain play to earn games!
From Free-to-Play to Earn-to-Play Games
When I was a child, playing computer play to earn games required payment (legally). Yes, I realize it seems strange in today’s era of free applications.
We’ve become used to this contemporary kind of gaming: You may play the game for free, but you must pay to access premium features (such as purchasing a tuxedo for your game hero).
The latest gaming trend entirely reverses this. Rather than paying to play games, you play for the purpose of earning money. While this certainly seems like a gamer’s fantasy, is it too good to be true?
This CoinDesk piece from last year catapulted “Play-to-Earn” gaming into the public limelight. Leah Callon-Butler, the author, discusses how an Axie Infinity-inspired Pokemon game helps jobless Filipinos put food on the table. You can read about What’s the update on Yield Guild Games? by clicking here.
Is it Possible to Be Paid for Having Fun?
If you’ve ever considered the idea of becoming a full-time athlete/gamer/YouTuber — a job built on love — you’re probably aware of how difficult it is to get into the industry.
For instance, using statistics from popular USA sports, this website predicts that the chances of a high school football player (which Americans refer to as “soccer”) reaching the professional level are 1 in 5,768. This equates to 0.017 percent.
The rest of us sports fans fulfill our fantasies by participating in weekly games with our friends and cheering on our favorite teams on television.
However, what if Play-to-Earn (P2E) play to earn games offered an alternative? In Malaysia, a monthly salary of USD 300-400 is already over the minimum wage.
So, although I will never be a professional athlete, what if I could make a decent side income playing online play to earn games?
Where Does the Funding Come From?
The caveat is that we’re still very early in the game, and nobody knows for certain if P2E will continue to be effective. Axie Infinity is indeed “patient zero,” the world’s first popular pay-to-win game.
However, the business concepts are very distinct. In Free-to-Play play to earn games like Fortnite, the game publisher receives the majority — if not all — of the income. For instance, if I spend $20 on special clothing for my avatar, the money goes to Epic Games, the company that created Fortnite.
In comparison to Axie, you are purchasing something from another gamer, not “Axie Infinity Private Limited.” In practice, Axie Infinity retains just 5% of in-game revenue; the remaining 95% is distributed to players. 95 percent.
This is how gamers make money, in contrast to past economic models, which favored games producers.
I’m willing to wager that every competent game company in the world is now examining the Play-to-Earn concept and attempting to understand it. Yes, things may still fail or we may need to go through many iterations to get the economics right — but a sea change is underway.