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

Abyss Online (Formerly Metagates): an Immersive MMORPG

Abyss Online, previously known as Metagates, is an immersive free-to-play MMORPG that offers players a vast open-world experience. Set in a richly detailed and story-driven realm, the game features a bustling social hub city, PvP arenas, PvE dungeons, and a range of activities including gathering, crafting, and trading. Players can join parties with friends, form guilds to claim territories, and enjoy the game on PC, Mac, and Mobile platforms. The world of Abyss Online is filled with resource gathering, intricate crafting, challenging monster battles, extensive exploration, political intrigue, and competitive PvP, making it a player-centric universe that constantly evolves. In the world of Abyss Online, formerly Metagates, the appearance of mysterious portals known as Metagates has introduced supernatural entities and transformed the world’s inhabitants. Some individuals have harnessed the mystical energies of these portals, gaining unique magical abilities. These gates lead travelers to different realms, some filled with brutal arenas where survival requires battling others, and others to distant lands rich in valuable resources. The origins of these Metagates remain a mystery, with theories ranging from interdimensional conflicts to natural evolution. However, one undeniable truth is that the world is undergoing rapid and irreversible changes due to these portals. The gates themselves pose a mysterious threat, as they bring forth menacing creatures. Defeating these creatures rewards players with currency and vital resources, unlocking new facets of the ever-evolving world. The central question remains: will these newfound powers be used for the greater good, or will they plunge the world further into chaos? Gameplay in Abyss Online combines elements of fantasy and science fiction in a dynamic and expansive world. Inter-dimensional gates appear unpredictably, disrupting the universe’s balance and bringing elements from diverse worlds into this realm. Players explore various landscapes, including lush woodlands, towering peaks, and desolate wastelands, often finding themselves in otherworldly domains as they seek treasure and understanding. The game features a generative quest system that tailors the narrative to each player’s choices, allowing artisans to create powerful items and engage in a complex in-game economy, shaping the game’s economic landscape. PvP battles and guild warfare add excitement, with epic Zerg vs. Zerg warfare occurring as armies clash over open-world territories. Abyss Online seamlessly blends fantasy and science fiction, creating a captivating and ever-evolving open world. The community response to Abyss Online has been enthusiastic, with players expressing excitement about the game’s immersive world and the desire to join the adventure. Some players draw comparisons to other games, indicating a sense of familiarity with Abyss Online’s concept. Overall, Abyss Online, formerly Metagates, promises an engaging MMORPG experience with its immersive world, dynamic gameplay, and rich narrative, attracting players eager to explore its ever-evolving universe.

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Iron Pigeons – Game Review

Game developers Ex Populus have partnered with world boxing champion Mike Tyson to release 10,000 unique Iron Pigeons NFTs featuring a pigeon design in iron. The Iron Pigeons, developed by Ex Populus in collaboration with Mike Tyson, will be featured in a card game based on the Solana blockchain technology. Each Iron Pigeon NFT will have a unique combination of traits that determine its rarity and value in the game’s economy. These traits include 12 backgrounds, 9 beaks, 37 bodies, 66 costumes, 4 details, and 20 eyes. The rarity of a card will affect its value in the marketplace and its power in the card game. All cards will also be integrated into the ever-expanding Iron Pigeon metaverse. The Iron Pigeon cards will be randomly generated using an algorithm that incorporates a set of traits and designs created by award-winning artists. Each card will include a high-resolution image of the game design and a trading card, linked through a web link. Like traditional card games, players will be able to trade and battle with their Iron Pigeon character cards. The strength of each Iron Pigeon card will be determined based on its various traits and features. These cards will be featured in the XPTCG, a card game being developed by Ex Populus that is expected to become a major player in the Web3 universe.

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Trident MMO – Innovative Blockchain Game with R2E Structure

Trident MMO, a blockchain-based Free-to-Play game developed by Geyser Forge Studios. Trident aims to offer players an open, procedurally generated universe where they can explore, gather resources, battle bosses, complete quests, and engage in various activities. One of Trident’s standout features is its innovative GameFi Structure called Risk-to-Earn (R2E), which allows players to wager tokens on in-game matches, introducing an element of risk and reward to the gaming experience. The goal of R2E is to attract players who are genuinely interested in gaming rather than solely focusing on monetary gains, addressing issues seen in Play-to-Earn (P2E) and Free-to-Earn games. Trident MMO’s gameplay takes place in a procedurally generated open world, offering diverse activities such as exploration, resource collection, creature hunting, boss battles, and more. There’s also a risk factor involved, as players risk losing items upon death. The alpha launch for Trident is planned for March, promising an exciting gaming experience. In addition to the MMO, Trident offers mini-games like Sprite Duels, which are turn-based battles with sprite teams inspired by Pokémon. The creatures used in Sprite Duels are set to come from the Trident MMO during the beta phase. The article also provides a brief overview of how to start playing Trident, including creating an account linked to an Ethereum wallet and participating in Sprite Duels, where players assemble teams of sprites with unique attributes and engage in strategic battles. Tokenomics play a crucial role in Trident, with $PSI serving as the primary gaming token for item exchange and R2E gaming elements. $INK, on the other hand, functions as the principal DeFi token with a straightforward tokenomics structure, supporting experimental DeFi and derivatives within the Trident MMO’s gameplay and economy. The article concludes with some positive community responses, with users expressing excitement about Trident’s potential and the performance of its native token, $PSI, on the MEXC exchange. Overall, Trident MMO aims to blend blockchain technology and traditional gaming to create a unique gaming experience, with a focus on gameplay and innovation in the GameFi space.

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Cryptobots – Game Review

Cryptobots is a fun, creative, fight-to-earn, PvP game. The game offers plenty of earning opportunities where players can also produce, build, and rent NFTs. The game has addictive gameplay and is a promising play-to-earn game. Earth is a long-forgotten dream and everyone has moved towards the galaxy residing across space. There is no official government and no one to offer direction. Bots, though, are what is left over from earlier technologies.

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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.