Best P2E Games

GameFi: All you Need to Know

GameFi: All you Need to Know

Game Review 

GameFi’s Soaring Popularity, and its working Mechanics.

GameFi is the newest craze in the gaming industry nowadays, and many aren’t quite familiar with how it works and what exactly it means. GameFi offers the old thrill of winning prizes by playing games with an infusion of cryptocurrency and NFTs.

GameFi: All you Need to Know
GameFi: All you Need to Know

Game-Fi players have the liberty to rent, lend, or even trade their prizes for real money.

GameFi and its Basics

GameFi uses DeFi, a decentralized financial system used to record token-based transactions, lending, and borrowing. The transactions

are recorded on blockchain-based ledgers similar to how Bitcoin works. To make it more easily understandable, GameFi is a decentralized application having economic incentives.

GameFi Working Mechanics

Let’s take the example of Axie Infinity as it is the most successful GameFi around. The game’s economy depends on two tokens and NFT’s; AXS, and SLP.

These are earned by winning battles and finishing quests. Moreover, the game also has the option to breed blob-like monsters and the offspring can be sold. In addition, the AXS token can also be staked to earn interest.

However, the upfront to start playing the game is $700. This is where gaming guilds and game scholarships come into play, which helps those players who can’t afford such an amount buy monsters.

GameFi: All you Need to Know
GameFi: All you Need to Know

Traditional Game Tokens and GameFi, the Difference

The tokens and in-game currencies exist in video games for quite some time like Robux and V-Bucks. However, the difference lies in the limitation of ownership and usage of the tokens.

Traditional gaming tokens can’t be sold easily or legally outside of the token’s game. Whereas, Game-Fi offers a lot more freedom and ownership as the tokens in Game-Fi act as crypto-currencies.

GameFi Studios Economic Incentives

The developers are given tokens for their work on the game, so the more players play and trade tokens in the game, the more the token’s price increases in the market.

Moreover, some games also charge commission on transactions.

GameFi: All you Need to Know
GameFi: All you Need to Know

GameFi promises a lot and shows massive potential in them, but many regard it as just another way of publishers to milk consumers for more money.

Gaming News

Every day the latest video game news about the gaming industry. Video games news on NFTs (non-fungible tokens, NFT, NFT’s) , Play to Earn (P2E/Play-to-Earn), crypto games and crypto currencies, gaming guilds, Metaverse, VR, AR, AI, Virtual Worlds, Avatars, Digital Assets, In-game digital currencies, Web3 development, Blockchain based video games and its transactions and payments in the games.

Entertainment and all the big tech companies and technology behind it. Hyper Casual Games and the game studio’s that lead the way. Mobile games, PC games and Console Games and their vision on cloud gaming, streaming, esports and gamer communities. Online digital entertainment like movies, music, concerts, art and top brands such as fashion and much more that connect with video games in the metaverse.

If you want to stay up-to-date of my daily game news, then follow me on Google News.

GameFi: All you Need to Know

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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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MetaGods: Pixelated Power in the Blockchain Realm – Game Review

MetaGods is an 8-bit action role-playing game that is built on the blockchain and features cutting-edge game mechanics. As a result, it is at the forefront of the ongoing GameFi revolution, and represents a major step forward in the world of blockchain gaming. Players will be able to experience a retro-style gaming experience with modern, innovative gameplay mechanics, making MetaGods a unique and exciting game to play. Whether you are a fan of classic 8-bit games or just enjoy engaging, action-packed gameplay, MetaGods has something to offer. In MetaGods, players have access to a variety of special characters and skills, as well as the ability to customize their NFT avatars. This allows for a high level of customization and strategic depth, as players can choose the characters and abilities that best suit their playstyle. In addition to facing off against deadly animals, players can also participate in epic dungeon boss battles and trade virtual goods for real-world currency on the MetaGods in-game market. Whether you are looking to test your skills against challenging enemies or just want to experience the thrill of trading and collecting valuable virtual goods, MetaGods has something to offer. MetaGods GameFi Model: In MetaGods, players can take advantage of the GameFi model to boost their revenue and strengthen their characters. By staking platform tokens directly through the game’s user interface, players can earn in-game tokens that can be used to purchase powerful weapons, legendary loot, and other valuable items. Additionally, these tokens can be used to enhance their character’s NFTs, allowing for even more customization and strategic depth. The GameFi model also includes a significant social component, allowing players to connect with each other and share their experiences within the game. MetaGods offers a range of gameplay experiences for both casual and hardcore players. Casual players can explore the game’s universe and engage in farming activities, while hardcore players can take on the challenge of NFT permadeath (permanent character death) and enjoy higher APY and legendary loot rates. This provides a wide range of options for players of all skill levels and interests, allowing everyone to find something enjoyable in the game. In Hardcore mode, experienced players in MetaGods can take on a greater challenge and raise the stakes of the game. By putting their strongest characters at risk, players can earn increasingly valuable and rare items. However, survival is not guaranteed, adding an extra layer of excitement and danger to the game. This is the first time that this type of strategy has been implemented in a game, and it is sure to add an extra level of excitement for players looking for a more intense and challenging experience. Whether you are a seasoned veteran or just looking to test your skills in a more difficult setting, Hardcore mode has something to offer in MetaGods.

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Nitro Nation World Tour – Game Review

“Nitro Nation World Tour” is a highly anticipated game that is being developed by Mythical Games and Creative Mobile. The game is expected to be based on blockchain technology, which will allow it to offer unique gameplay features and mechanics that are not possible in traditional games. It is likely to be of interest to players who are interested in the intersection of gaming and blockchain technology, and are looking for a new and innovative gaming experience. “Nitro Nation World Tour” is a racing game that allows players to upgrade their cars and compete against opponents from around the world. The unique feature of the game is that the winner gets to keep the loser’s car, adding an extra layer of excitement and competitiveness to the gameplay. The game is currently in development and is set to launch in 2023 on mobile devices. It is likely to appeal to players who enjoy racing games and are looking for a new and exciting gaming experience. “Nitro Nation World Tour” is expected to be a high-intensity racing game that will keep players on the edge of their seats. The game features licensed NFT cars from top brands, and players will have the opportunity to win hundreds of these cars as they race across the globe. One of the unique features of the game is that there is no limit on car ownership, so players can collect as many NFT cars as they are able to win. This is likely to appeal to players who enjoy collecting and building up their in-game assets, and who want to compete with other players to see who can collect the most valuable or rare cars. Nitro Nation World Tour Gameplay: In Nitro Nation World Tour, the gameplay is straightforward and involves pressing a single button to control the car. While the gameplay may seem simple at first, it can quickly become addictive as players strive to become the fastest on the track. Progress in the game is slow, with players earning small increments and ranking up over time. The game can be time-consuming, as players will need to put in significant time to earn a stable income from it. The game uses a gear-changing mechanic, in which players do not need to steer their car and can simply focus on keeping the revs in the green zone and maintaining their speed until the end of the race. Players have access to a NOS boost, which can be used once per sprint. Aside from these elements, there is not much depth to the gameplay.

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Bit Heroes Arena – Game Review

“Bit Heroes Arena” is a PvP 8-bit battle royale game that uses blockchain technology and Non-Fungible Tokens (NFTs). In this game, players compete in a last-man-standing format and have the opportunity to experience a unique blend of gameplay and ownership elements. This game offers a truly one-of-a-kind gaming experience. In “Bit Heroes Arena,” players have the chance to earn numerous rewards, including tokens, NFTs, and staking opportunities. This 8-bit classic survival game is free-to-play, so anyone can jump in and start earning real money. Get ready to experience all that this game has to offer and start earning rewards today. Bit Heroes Arena Storyline: Bit Heroes Arena is the second game to be released in the Bitverse Universe, a collection of games featuring 8-bit characters across a variety of genres. The Bitverse Universe aims to create a metaverse, a shared virtual world, for players to explore. Bit Heroes Arena is an RPG and battle arena game with a retro pixel design and incorporates blockchain technology for its crypto-economics. This game offers a unique blend of elements and is sure to be a hit with players. Storyline: Throughout the world, people are experiencing earthquakes and other types of tremors. As these events occur, individuals often seek refuge in their homes and cottages, while heroes gather to discuss the unusual circumstances. The Titans, gigantic beings with the ability to devastate the earth multiple times over, have appeared on the scene, but their goals are mysterious to humans.

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Last Expedition – Game Review

Last Expedition is an upcoming AAA shooter blockchain-based warfare game set in the NFT universe. Unfortunately, the fans have to wait as the game has not announced any launch window. Moreover, there is not any news about the game’s alpha or beta form, only the trailer is live on the official website so far. According to its makers, Last Expedition, is the world’s first truly AAA first-person warfare game in which players are thrown into an uncharted terrain full of dangers. Certain Affinity, a well-known development team led by veteran Max Hoberman, is the development team behind Last Expedition. Moreover, Hoberman feels that the quality of AAA FPS should be combined with the advantages of blockchain gaming. Last Expedition Gameplay: Get ready to find yourself and your teammates in a hostile alien environment in the NFT universe that will try to murder or obliterate them in any manner possible. To overcome dangerous territory, players will require intense concentration and exceptional skills. The alien monsters will attempt to kill players, but players can counter-attack and take control of the new terrain. Moreover, Last Expedition will likely include solo and multiplayer modes in this battleground game, so players can pick according to their preferences. Aliens will outnumber the players and for that reason, players will need to utilize their resources carefully. As a result, they’ll need to create weapons and goods that can help gamers survive while also allowing them to earn money. To have enough resources in Last Expedition, players must improve their FPS skills. They will also have a variety of resources to choose from, such as characters, strategies, weapons, and other things. Moreover, they can own these things and trade them in the game’s marketplace, or they can share them with their teammates.

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Best P2E Games list 2024

GameFi: All you Need to Know

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.