Best P2E Games

Is Web 3.0 gaming dying?

Is Web 3.0 gaming dying?

Game Review 

There is a strong perception in the gaming and entertainment industries that Web 3.0 gaming is dying. However, the most recent survey by Zebedee says otherwise. Moreover, another market report suggests blockchain gaming will see a massive increase in its core market growth data by 2027. Despite the hue and cry, dominating negative perceptions, the crypto winter turning into an ice age, or the Web 3.0 gaming crash, the gamers at the root have shown promise and faith in the Web 3.0 gaming industry. That’s what Zebedee, a fintech and next-generation economic solution provider, thinks. The survey results were surprising, to say the least. It involved a sample population of more than 1000 American gamers with set criteria for gaming hours. Let’s see how the survey has quashed the notion that Web 3.0 is dying.

Zebedee Survey, Web 3.0 Gaming Status

It is without question that the bull run is long gone for crypto as well as NFT gaming. The last bull run was back in 2021, and this year we saw how the blockchain gaming industry performed. Check out our 2022 analysis of the blockchain gaming industry here. Both the cryptocurrency industry and the Web 3.0 gaming space are hurt by the fact that big names are failing and falling in both. Nonetheless, we see an overwhelming negative sentiment from many gamers and game developers.

The events that happened this year sure did halt several P2E projects and slow others. However, we see several new Web 3.0 gaming projects launching this year. Moreover, the industry also records a healthy flow of investments of more than $3 billion. A recent Zebedee survey found that the downside projections and ideas about play-to-earn games are overblown. According to the survey, most gamers are interested in getting cryptocurrency for playing these “play-to-earn” games. 

Survey Findings

The survey was conducted in September 2022. The survey had over 1,000 respondents who spent at least one hour per week playing video games. It also showed how gamers feel about the use of cryptocurrencies, blockchain technology, and non-fungible tokens (NFTs) in games. The survey also asked gamers how they felt about the new Web 3.0 gaming space.

Despite all the negativity surrounding Web 3.0 gaming, the survey shows that the majority of US gamers are either supportive or neutral of Web 3.0 technology’s integration in games. a technology that helps make in-game assets tradeable and transferable to others. Moreover, 67% of gamers are eager to play a free-to-play game that offers cryptocurrencies as a reward. And not just any cryptocurrency—the survey shows that people prefer well-known ones like Bitcoin, Ethereum, and Dogecoin. This is where the blockchain industry got it wrong this year by focusing a lot on NFTs and neglecting cryptocurrencies.

As for in-game items as assets, nearly half of the respondents (45%) are of the opinion that buying and selling in-game items, characters, avatars, etc. would be beneficial. On the contrary, 23% of respondents said that this practice would negatively impact games, and 32% had no opinion.

The survey also highlights the growth potential for P2E games; 64% of US gamers have never played a P2E game offering financial rewards. And 38% of gamers had no knowledge about NFTs, cryptocurrencies, or blockchain technology. Furthermore, only 10% of gamers have negative feelings about Web 3.0 integration in games. Besides, 19% feel that it is driven by business interests. The survey also shows that the more a gamer is logging in active hours, the more likely they know about Web 3.0. So, there is room for educating gamers and bringing them into the Web 3.0 gaming space.

Most gamers actually have positive-to-neutral opinion on crypto rewards in video games!

Ben Cousens, the chief strategy officer of Zebedee, comments on the results of the survey by saying, “What struck us most from the survey findings was that there’s clearly a misperception about gamers and their resistance to crypto integration, as most gamers actually have a positive-to-neutral opinion on crypto rewards in games.”

Ben says, “The results suggest that gamers are more open to these technologies being used in games as a whole. This gives the industry a chance to teach, engage, and bring in new gamers to the Play-and-Earn ecosystem.”

Check out our game news on The Beacon, where we discuss its new game features, updates, and preview. Our video “Top 5 List of Play-To-Earn Games Upcoming in 2023″ on Youtube is also worthwhile watching.

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Is Web 3.0 gaming dying?

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Find our Best P2E Games list. All games are included with reviews and links to the game review page. Have Fun!

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Related P2E Games: Play To Earn Crypto, NFT, Web3

Frogs Run: Free-to-Play NFT Runner Game on BNB Chain

“Frogs Run” is an innovative free-to-play/play-to-earn NFT runner game designed for the BNB Chain. It seamlessly blends traditional free-to-play endless runner gameplay with lucrative play-to-earn mechanics, offering players an engaging experience set in an Aztec-inspired world with its own rich history and mythology. In this game, players assume the role of a frog runner tasked with collecting coins and defeating enemies. Gameplay Overview: The primary game mode, “Endless Run,” features three lanes and familiar gameplay, catering to both casual and advanced gamers. However, “Frogs Run” introduces a dynamic event system that keeps the gameplay fresh and exciting. These events occur randomly and regularly, with one standout feature being the relentless snake pursuer, a real in-game threat, not just a cosmetic element. The game also incorporates a robust NFT component, rewarding players with tokens for reaching specific milestones, such as 1500 meters, with a daily cap of three tokens. A significant highlight is the extensive NFT customization available, allowing players to adorn their frog runners with up to 11 unique items. These items serve not only as a means of personalizing characters but also as a source of earnings. For instance, using an uncommon NFT skin can yield 2,166 tokens per run and 6,498 tokens daily, with similar mechanics applicable to rare skins. Players can also level up to increase their token earnings. To create and breed items, players require Biom(Lands), a resource exclusively available to Biom holders, thereby adding additional value to this game element. “Frogs Run” is accessible as a mobile game, compatible with both iOS and Android platforms, while plans for a PC version are also in development. Players must have a crypto wallet, such as Metamask or Trust Wallet, installed to purchase NFT frog skins. Furthermore, the game features an integrated spending balance on the backend, and a wallet like STEPN is expected to be integrated in the future. About the Developers: The development team behind “Frogs Run” comprises a diverse group of individuals, each possessing an average of 3-5 years of experience in their respective fields. The founder of the project brings six years of cryptocurrency experience and an additional eight years of marketing expertise to the table. The co-founder, with a decade of illustration experience, has worked on projects like “Master of Myths” and the upcoming “Heroes of Alboric.” The current team consists of 11 members, including artists, 3D modelers, musicians, programmers, and more. They share a common goal of leveraging their skills and experience to create a unique NFT game with captivating gameplay, memorable visuals, and a robust token economy. Their ambition extends beyond creating a game; they aim to leave a lasting impact on the NFT gaming industry by setting a high standard for innovative and engaging gameplay. “Frogs Run” serves as a testament to how NFT games can be made both interesting and unique, setting a precedent for future projects to follow.

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Meda Wars – Game Review

Meda Wars is the highly anticipated sequel to the popular Meda Shooter game, developed by the same team that brought you the original. This turn-based action-adventure game combines elements of strategy and fun to create a unique gaming experience. Whether you’re a fan of the original Meda Shooter or new to the series, Meda Wars has something to offer for players of all skill levels. So why wait? Start playing and strategizing today with Meda Wars! Meda Wars picks up where the story of Meda Shooter left off, diving deeper into the ongoing conflict between the two factions of CryptoMeda. This NFT game, which uses the Polygon Network for its blockchain functions, allows players to explore the complex world and story of Meda Wars in a way that is both engaging and interactive. Whether you’re a fan of the original game or new to the series, Meda Wars offers a rich and immersive gaming experience that will keep you coming back for more. Meda Wars Storyline: In the world of Meda Wars, two factions – the Goliaths and the Renegades – are locked in a fierce struggle for power and resources. The Goliaths are a communist group that believes in equally sharing loot and wealth among all members. They adhere to strict rules and regulations in order to maintain unity and prevent greed from tearing them apart. Gameplay: Just like Meda Shooter, the players can choose from two different factions – the Goliaths and the Renegades. Once a side is chosen, the players can participate in the war to attack and conquer new lands and areas. After winning a battle the players will be able to get some MedaGas which is necessary for the utility transactions of the game. MedaGas can also be bought with TECH tokens and it is used only in the game. Using MedaGas, players can participate in the PvE battles to win more MedaGas and TECH tokens, the latter of which is tradeable on crypto exchanges. Finally, each player will require two weapons to participate in the battle depending on the traits and abilities of the players. Tokenomics: TECH is the in-game token same as the Meda Shooter game, giving the coin more stability and value in the market. MedaGas is a utility token of the game while TECH is the governance token.

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Dimensionals – Game Review

Dimensionals is the latest game from Mino Games. It is a blockchain-based NFT RPG with both free-to-play and pay-to-own options. Dimensionals is a new kind of NFT-based RPG that puts players right into the world of WEB3 gaming. In this one-of-a-kind virtual world, you can explore different dimensions, each with its own heroes and paths. In an interesting twist, players can keep their heroes on the blockchain forever as non-fungible tokens (NFTs). Mino Games made this blockchain game by combining Pokemon and Marvel superheroes in a way that works well. Mino Games already has a large group of gamers who are also interested in cryptocurrency. When Dimensionals come out, this community is going to reach new heights. Mino Games says that users who sign up for their “whitelist” on their website will get special perks. They give you early access to game content and alpha stages, enrollment in a whitelist for future collections, and access to Discord that no one else has. In Dimensionals, the combination of web3 gaming and NFTs opens the door to an exciting gaming universe that is sure to keep players from all over the world interested. Since ancient times, the Genesis Stones have been the most powerful things in the Dimensionals multiverse. They have decided how it was made and what it will become. Also, these relics are sleeping, hidden in cultures all over the multiverse, waiting to be found and turned on. Stone can only be used by people with power, the chosen heroes who are tasked with going between dimensions to protect the multiverse. Also, this kind of activation is dangerous because the stones’ great power attracts a kind of evil that is cruel, unyielding, and patient. Future Dimensionals should be aware that it can be dangerous to find and use a Dimensional Stone, because some battles can tear reality apart.

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LitCraft: Nysperience – Game Review

Nysperience is a magical open-ended universe that allows Play-to-Own opportunities through battles, item crafting, LitPets creation, playing various game genres, and establishing virtual businesses. Nysperience, utilizing Devvio’s cutting-edge blockchain platform, DevvX, emerges as a public play-to-earn game in 2021 after being initially developed in 2018 for internal testing. Within LitCraft, an enchanting universe, mages (known as Lit) coexist with wondrous creatures, residing as integral members of magical society. Additionally, the game offers players the chance to explore the depths of this mythical world, participating in play-to-own opportunities, uncovering secrets, and engaging in a captivating and evolving narrative. In the mythical realm of LitCraft, a diverse and rich universe thrives, inhabited by mages known as the Lit, and an array of wondrous creatures dwelling in hidden worlds. Mage code governs this magical society, a set of seven guiding principles by the mage Millicent Goodwyn centuries ago. Central to LitCraft’s culture is a complex magic system revolving around the Heptagen, a symbol representing the essence of creation. However, beyond the enchanting world, LitCraft signifies a paradigm shift. It envisions a future society where all individuals empowers to reach their full potential. Millennia ago, numerous plant and animal species tapped into magic, gradually mastering the energy that surrounds them. Moreover, the intelligent ancestors of the Lit delved into understanding the Heptagen and the seven branches of magic, shaping their destiny.

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Best P2E Games list 2024

Is Web 3.0 gaming dying?

P2E News, short for “Play-to-Earn News,” is a category of updates and information within the broader spectrum of Crypto News, Web3 News, NFT News, and Blockchain News. These terms are all interconnected and represent various facets of the rapidly evolving digital landscape.

Play-to-Earn (P2E) is a gaming model that has gained immense popularity within the crypto and blockchain communities. In P2E games, players can earn cryptocurrencies or NFTs by participating in the game, often through activities like completing quests, collecting items, or trading assets. P2E News covers developments, announcements, and trends related to these innovative gaming experiences that allow players to monetize their in-game efforts.

Crypto News, on the other hand, focuses on the broader world of cryptocurrencies, including Bitcoin, Ethereum, and a multitude of altcoins. This category encompasses news about market trends, regulatory changes, new blockchain technologies, and updates related to various tokens. Crypto News is a fundamental aspect of the blockchain ecosystem, as cryptocurrencies serve as the primary means of value transfer and exchange within the Web3 space.

Web3 News is an umbrella term that refers to the next-generation internet, often characterized by decentralized applications, blockchain technology, and smart contracts. The Web3 ecosystem seeks to provide a more user-centric and decentralized internet experience. This category of news covers developments in decentralized finance (DeFi), non-fungible tokens (NFTs), and various other applications built on blockchain technology. For the ultimate and best play to earn games list, check our friends of playtoearngames.com.

NFT News focuses on Non-Fungible Tokens, unique digital assets that are indivisible and represent ownership of a specific item, artwork, or collectible. NFTs have gained prominence in the art world, gaming industry, and entertainment sector. NFT News keeps enthusiasts informed about NFT sales, new projects, and partnerships within the NFT space.

Blockchain News pertains to the foundational technology behind cryptocurrencies and Web3 applications. Blockchains are decentralized ledgers that record transactions across a network of computers, ensuring transparency and security. Updates in this category might include innovations in blockchain consensus mechanisms, interoperability between different blockchain networks, and industry applications beyond cryptocurrencies.

In summary, P2E News is a niche subset of Crypto News, Web3 News, NFT News, and Blockchain News. It focuses on gaming experiences where players can earn cryptocurrencies or NFTs, while the other categories encompass a broader range of topics within the decentralized digital landscape, including cryptocurrencies, web3 technologies, NFTs, and blockchain advancements. Collectively, these categories shape the landscape of the digital economy, offering insights into how technology is revolutionizing various aspects of our lives.