Best P2E Games

Renting Mechanism & NFT Games

Renting Mechanism & NFT Games

Game Review 

Renting, Play to Earn, NFT Games? Yes, you are reading it well.

Play-to-earn games have become a popular way for gamers to make some cash while having some fun. However, you need tons lot of money to even begin playing P2E games.

Is The Renting Mechanism In NFT Games the Future? - Video Games
Is The Renting Mechanism In NFT Games the Future? – Video Games

Not every gamer can invest thousands of dollars to start playing the NFT games, this is where the concept of scholarship comes in. The scholarship for P2E games works in a way where the lenders lend gamers NFT tokens required to play the game.

In return, the lender gets a share in the earnings made via playing NFT games. This new phenomenon has brought NFT games where they have landlords.

A big name in game scholarships is Yield Guild Games which received $4.6 million in investment from Andreessen Horowitz. Another such scholarship lender in the industry is GuidFi which also raised an investment amounting to $6 million.

However, a promising lending service, Axie University, provides an interesting example where two young blokes in the Netherlands started out with an initial investment of $12000. So far, Axie University has signed up 50 scholars and all of them are from the Philippines.

Those players who don’t pay any upfront amount while signing up for Axie University have to play daily to reach the minimum threshold of earning i.e 85 SLP. Moreover, scholarship requires players to play for at least two hours daily to meet their quota.

Is The Renting Mechanism In NFT Games the Future?
Is The Renting Mechanism In NFT Games the Future?

The more a player improves the less time he can give daily. The lender requires no cost on leaving or being dropped. In the end, the ratio is 60% to 40%. 60% of crypto profits stay with Axie University, while 40% is given to players.

The critics, however, have lambasted this approach of Axie University and termed it as gambling or exploiting because scholars earn less. But the founders of the scholarship program says that they provide a way to gamers to make massive amount of money by lending them necessary tokens.

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Renting Mechanism & NFT Games

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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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Legends of Crypto Game – Game Review

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Chainmonsters – Game Review

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Best P2E Games list 2024

Renting Mechanism & NFT Games

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.