Best P2E Games

New Era in Blockchain Gaming

New Era in Blockchain Gaming

Game Review 

In today’s video gaming news, we continue a series of articles that look at the Web 3.0 gaming industry from where we left off last time. Previously, we discussed where blockchain gaming stands regarding mass adoption and going mainstream. Today we will see what the Web 3.0 gaming industry learned from its previous two eras, the flight and the fall. Moreover, will we witness the third era of blockchain gaming next year? Let’s find out where Web 3.0 gaming stands after two groundbreaking events in its journey so far. Did it revisit the speculation element in blockchain games? And if it does, what kind of P2E games will be the torchbearers in the next era? 

We give our readers key insight into the blockchain gaming industry and recent trends shaping up in the industry. Keep visiting us and our social channels to stay up-to-date.

Play-to-Earn Games Challenges in 2022

Currently, blockchain games aren’t at their best and have plummeted to new lows as we approach the end of 2022. Popular crypto and NFT games like Axie Infinity, Crabada, and Pegaxy are at least 80% down from their all-time highs. However, due to the novel concept of “move to earn,” games such as STEPN have grown in popularity. Move to Earn introduces players to physical activity, where physically active players get cryptocurrency as rewards. However, the story unfolded the same for STEPN, as it also lost its daily active users as the interest of gamers faded away. The steep decline in play-to-earn game activity and user retention happened after the crypto market crash impacted the games’ token valuations.

Web 3.0 gaming, blockchain gaming, play to earn games, new era of gaming
STEPN

The number of people who played Axie Infinity every day reached its peak in November 2021, and since then it has dropped quickly. Apart from DAUs, trade volumes of in-game tokens also had the same fate. Axie Infinity’s main token, AXS, is sitting at its worst, down over 95%. The same is true for STEPN’s monthly sneaker minting. The decline wasn’t limited to game tokens only; in popular metaverse NFT games like The Sandbox, Decentraland, and Otherside, the virtual land sale also saw declining interest from gamers. So, where did the industry go wrong? Was it the flawed economic model of P2E games? Or an overemphasis on NFTs? Or ignoring the fun gameplay element that could have retained users?

To understand the flaw and a possible solution, we need to understand the phases the blockchain gaming industry has gone through since its inception.

Web 3.0 gaming phases since inception

First Phase

Blockchain gaming made it big with its first truly popular and successful game venture, CryptoKitties, in 2017. In NFTs, the idea of true player ownership was introduced for the first time in the history of the gaming business. However, the game massively lacked playability due to Ethereum network limitations. The first step in the blockchain gaming industry was CryptoKitties, which introduced gamers to the new idea. The Cryptokitties NFTs went astronomically popular in a matter of days. People all over the world embraced the concept and went crazy buying NFTs. The hype was surreal, and the speculation bubble went huge.

Second Phase

The play-to-earn model and Sky Mavis’s Axie Infinity game are examples of the second phase of blockchain gaming. Axie Infinity took the internet by storm. People in developing countries, especially in Southeast Asia, played the game and made a livelihood. The second phase of blockchain gaming builds on the first in terms of scalability. However, it focused way more on the economic side of things, making sustainable yields a top priority. The lack of fun elements in play to earn games in the second phase ultimately led to the steep decline.

The Upcoming Third Phase of Blockchain gaming

The third phase of blockchain gaming will build on the first two. It will use solutions for scalability, fix economic flaws, and make games fun again.

Some of the blockchain projects are already in the third phase. Check them out.

Splinterlands

Splinterlands is developing its economic system at a fast pace with periodic updates. Moreover, it launches new card set sales, a first-ever convention, two new games, and has long-term utility for its users. It also prioritizes its DAO by sending card sale profits to it instead of the company. You can check out more information on Splinterlands.

Sorare

Sorare is an NFT fantasy football game, and its economic model is arguably one of the most profitable and stable. The game has more than 500,000 users and 150,000 on-chain card holders. It follows a free-to-play model. More on Sorare.

Dark Forest

This MMO strategy game is leading in technology innovation by utilizing zero-knowledge-proof authentication. The game is entirely on chain and makes use of the secret information method. This means that players make strategic moves that are recorded on the chain but are kept secret from their opponents. This technology implementation is one of a kind, and Dark Forest is its ground zero.

Web 3.0 gaming, blockchain gaming, play to earn games, new era of gaming
Dark Forest

Stick with us for the next part of the blockchain gaming industry and year-end series. Meanwhile, do check out our YouTube channel, where we discuss promising upcoming blockchain games. Moreover, you can also check this survey report destroying the popular perception portraying that Web 3.0 gaming is dying.

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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 cryptocurrencies, 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.

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New Era in Blockchain Gaming

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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

Phantom Galaxies: NFT Space Simulation – Game Review

Phantom Galaxies is a thrilling blockchain NFT space simulation game that offers players multiple opportunities to earn rewards. Explore the vast reaches of the galaxy and discover all that the game has to offer. Experience a thrilling new world with Phantom Galaxies, an NFT game that takes you on a journey of exploration and adventure. Test your skills as you battle enemies and uncover ancient secrets in this fast-paced and exciting game. Phantom Galaxies combines exploration, gathering resources, and fighting to make a game that is both unique and fun. The goal is to get powerful artifacts from ancient worlds so that your characters and weapons can be made better. When two players meet in-game, combat starts. To win, you need strategy and careful planning. As you move through the galaxies, you can find artifacts, fight enemies, and find out more about the game’s story. The story of Phantom Galaxies starts with an attack on Planet Neoterra by a group of aliens called the Sha’Kari. The Sha’Kari are priests of the Sha’Har race who want to get even with humans for how they’ve treated their planet. Players must defend Neoterra and fight back against the Sha’Kari to protect their home. Phantom Galaxies NFT Game is a fun and unique game that lets players enter a new universe full of mystery, excitement, and adventure. With NFTs, players can collect unique digital assets that can be traded or sold on the blockchain. This makes the game more immersive and interesting. Phantom Galaxies NFT Game is a game that every NFT fan should try because of its active and involved community, regular updates and changes, and unique gameplay. So, what exactly are you waiting for? Join the community of the Phantom Galaxies NFT Game today and get ready for an epic journey through the stars!

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Big Time: NFT Third-Person Action RPG And NFT Marketplace

“Big Time” is an innovative NFT (Non-Fungible Token) third-person action RPG that offers a cooperative gaming experience. In this game, players have the opportunity to form groups of up to six players and embark on adventures within a vast 3D overworld, including a hub called Epoch City, which bears a visual resemblance to popular games like No Man’s Sky, Destiny, Fortnite, and Skylanders. The central mechanic of the game revolves around time machines, which bear a striking resemblance to black hole portals. These machines are used to transport player teams into dungeon instances, where they engage in real-time combat against a variety of adversaries. Combat in “Big Time” combines magic-based, melee-based, and hybrid combat styles. Interestingly, these time machines can be customized using the player’s NFT artifacts and are also used for switching between character classes. Prior to venturing into dungeons, players can assemble parties of up to six members. Once in the dungeons, they face opponents, tackle obstacles, and collect items that can be used to enhance character development or traded for other cryptocurrencies or fiat currency. Additionally, “Big Time” boasts its own NFT marketplace, enabling users to trade, purchase, and sell in-game assets. The marketplace employs a unique Vault system that accepts payments via debit and credit cards, enhancing accessibility for players. One of the unique features of the game is its “play-to-earn” concept, which incorporates timelines. Players can use the same character to explore different class tracks at any given moment, creating a vast metaverse within the game. This grants access to a multiplayer digital environment with numerous timelines for exploration.

“Big Time” features four distinct character classes:

Time Warrior: Specializes in close-quarters combat and intense gameplay.
Chronomancer: Excels in magic, precision, strategy, and ranged strikes.
Shadowblade: Known for speed and stealth.
Quantum Fixer: Specializes in support skills, including healing and enhancement.
What sets “Big Time” apart is its flexible character class system. Players can switch between classes with the same character, allowing them to adapt their playstyle on the fly. Building a group of complementary characters for battles in the game is likely to require strategic planning and a deep understanding of the game’s dynamics. “Big Time” represents a significant evolution in the world of NFT-based gaming, offering a unique and immersive experience for players who embrace this innovative genre.

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Era7: Game of Truth – Game Review

Era7: Game of Truth is a trading card game based on the blockchain. Players can earn ERA and GOT tokens by collecting NFT cards and playing the game on the Binance Smart Chain network. Era7: Game of Truth stands out because it is a cutting-edge virtual trading card game built on the Binance Smart Chain blockchain. It was inspired by popular TCG games like Magic: The Gathering and Hearthstone. It combines strategy and combat in a unique way, making for a fun and immersive gaming experience. The game makes a virtual world that is separate from the real world and has its own rules, digital items, and social interactions. Era7 creates a GameFi experience by combining DeFi, blockchain technology, and the thriving NFT market. The trading cards themselves act as valuable NFTs and have the potential to increase in value. With its self-sustaining economy, players have the chance to earn real money and are free to take it out whenever they want. In Era7: Game of Truth, the story is about the many different kinds of people who live on the Continent of Truth. These races live together and compete for the honorable title of “King of Truth.” Each race has special, talented people who go through tough training at the Summoner Academy. They become Summoners when they graduate, and then they go on a journey to make Summoning Pacts. They make deals with powerful beings from the seven races to work together. At the center of the continent, the final battle for the title of “King of Truth” takes place. Not only did the winner get an important title, but their race also got the highest honors in the land.

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Legions and Legends – Game Review

Legions & Legends is an action-driven collectible and combat RPG that mixes sci-fi and fantasy elements and is developed on blockchain technology by Azra Games. Azra Games, led by CEO Mark Otero and backed by veteran developers, is gearing up for debut title, Legions & Legends. This blockchain-based “collectibles and combat RPG” draws inspiration from Dungeons & Dragons, Warhammer 40K, and the joy of playing with friends. With a specialized in-game economy and virtual collectibles, including NFTs, Legions & Legends promises a unique battle experience. Additionally, players can command Legions, craft war machines, trade NFTs, and reap rewards in the dynamic in-game economy. The game aims to recreate the special feeling of battling with toys. Enriched by modern technology, it creates a deep and immersive sci-fi fantasy universe. Inspired by the web3 community’s pioneering spirit and shared hope for the future, Azra’s debut NFT art collection ties into their collectibles and combat RPG. Also, this sci-fi fantasy universe allows players to lead Legions, construct powerful war machine. Furthermore, players can trade in-game NFTs and partake in a novel in-game economy. Magic Eden stands as a community-focused NFT marketplace, with their exclusive Hopeful NFTs serving as profile pictures. It offers unique privileges in the upcoming Azra Games universe. Moreover, NFT holders gain access to private Discord channels with the Azra team, early beta access to Azra titles, and undisclosed benefits.

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Best P2E Games list 2024

New Era in Blockchain Gaming

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.