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Why Should You Play-to-Earn?

Why Should You Play-to-Earn?

Game Review 

Play-to-earn games have been the hot potato in the gaming industry for quite some time now. Whether it’s on mobile, web, or PC, play-to-earn gaming, play and earn, play and own, and other new gaming models are slowly but surely penetrating the market. There are a number of AAA games using Unreal Engine 5 that are in development and powered by blockchain technology. Moreover, indie games on mobile are also using blockchain technology to offer their players valuable rewards. But the question arises, what are play to earn games and why should you play-to-earn?

Why Should You Play-to-Earn?
Why Should You Play-to-Earn?

Play to earn games is the evolutionary result of games that has the potential to completely change the dynamics of gaming. Playing video games was and still is considered a passive activity with a sole focus on entertainment. Gamers would pay to play with no ownership rights when it comes to in-game items. Then came the free to play mobile games era where players would begin playing the game for free. However, free-to-play mobile games held back in-game items or stages to which players had to pay to get access.

Play-to-earn games definition

The idea behind play-to-earn games is very simple. The players collect cryptocurrencies, or NFTs, produced in the blockchain-based game. Next, players can make some nice money by selling in-game NFTs or start earning cryptocurrency via rewards, both of which can be exchanged for normal cash.

So, the in-game assets in play to earn games are valuable. These in-game assets may comprise skins, characters, weapons, cards, and other digital items. The more a player grinds, the more valuable rewards are on the table. So, play to earn games have valuable in-game assets in the shape of cryptocurrencies (existing or native), or NFTs. Players can convert these digital assets into real-world assets by selling them for real money in marketplaces.

Another important feature in play to earn games is decentralization. It means that the developers do not control everything from their power center. The gaming community also has a lot to say about how a game shapes up. Moreover, the in-game assets are distributed among players, and player participation in the in-game economy generates value for all.

Why You Should Play to Earn?

There are several reasons why a player should opt to play to earn games.

The first and foremost selling point of playing to earn games is simple: you can earn cryptocurrencies and NFTs by playing a game. This means that you will have the opportunity to earn real money, go for a side hustle, generate lunch money, or even carve out a career out of gaming. So, why not earn money while doing something you absolutely love? If you are skeptical about the quality of play-to-earn games, there are a lot of AAA play-to-earn games in every genre coming out next year. Check out our P2E games listing and find a play-to-earn game that suits you.

The Gaming Community Expands and Develops

By playing “play to earn” games, you will take part in and even become a part of one of the most dynamic and robust gaming communities around. Games like Axie Infinity, Splinterlands, Gods Unchained, and many other upcoming titles have solid communities with a lot of active participation in decision-making as well as in-game challenges. This is because the common interest among the gamers is to make money, and players can join hands to overcome game challenges and may split the winning reward.

Web3 gaming is seeing an increase in the number of free-to-play games

One of the most difficult aspects of play-to-earn games is the substantial initial investment required to begin playing. The barrier to entry for gamers is quite high; however, the play-to-earn gaming domain is seeing an increase in free-to-play games. Players will just need to download or register to begin playing the game and earning rewards.

The “play to earn” gaming industry is in its early phases and will undergo tremendous improvement in the coming years.

Definitions of Crypto, NFT, Blockchain, and P2E

We have written some pages where you can read up on some of the definitions in this news article. We hope it helps and maybe makes you decide to try some of the video games in our P2E Games section.

PlayToEarnGames.com is a website where we keep an overview of all games in the genres of P2E, NFT, Crypto, Web3, and Blockchain games. Check out our games page or find a “play-to-earn” games list here. More information about W3 Play can be found on our about us page. Our news is daily updated on all video games and game developers. Stay tuned.

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Why Should You Play-to-Earn?

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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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Ascenders – Game Review

“Ascenders” is a high-quality blockchain game that features an expansive open-world environment for players to explore. The game is classified as an AAA-level title, indicating a level of quality and polish that is typically found in major commercial releases. Players can expect a rich and immersive gameplay experience as they explore the world of “Ascenders.” “Ascenders” features a compelling storyline and a decentralized in-game economy that is driven by player actions. Players have complete control over the supply and demand of resources within the game and can trade with each other freely in the overworld. The game’s open-world environment and player-driven economy create a dynamic and immersive gameplay experience that encourages players to explore and interact with each other. “Ascenders” was developed by Legendary Foundry Limited and offers players various play-to-earn game modes to choose from. The game uses non-fungible tokens (NFTs) and a dual token economy to facilitate trade and competition among players. While the game is still in development, a demo is available for players to try out. The demo showcases the high-quality graphics and user interface that players can expect from the full release, which is sure to be a major draw for many players. The game’s combination of immersive gameplay and traditional mainstream gaming aesthetics is sure to keep players coming back for more. Ascenders Gameplay: The gameplay looks like a mix of Zelda and Eve: Online with the former’s sub-terrain story and the latter’s MMO economy. The Ascenders follow three game modes namely the explorer mode, the builder mode, and the fighter mode. In the explorer mode, players can roam around the open environment and look for rare resources, free land, and dungeons. In the builder mode, the players have a wide possibility of constructing structures and buildings like the Guildhalls, the Armorsmiths, the Stables, Silos, and Refineries, all of whom contribute to the game’s economy.

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My Neighbor Alice – Game Review

My Neighbor Alice is a multiplayer builder simulation game where players can own virtual lands, collect valuable items, and interact with other players in the metaverse. My Neighbor Alice is a multiplayer builder game made by Antler Interactive. It takes place in a colorful open world. Players can buy virtual islands and own them, collect valuable items, and talk to other players. Moreover, the pre-alpha version of the game was just released on Steam, making it easy for blockchain fans and people who don’t know much about cryptocurrency to play and enjoy. My Neighbor Alice is an inspiration from popular games like Animal Crossing and Minecraft. Its goal is to teach players about blockchain by telling interesting stories and giving them appealing ways to make money. Also, players can move up in the game’s virtual community and take part in shared missions and competitions by doing things like catching insects, fishing, farming, and keeping bees. In My Neighbor Alice, Alice is the guardian of a magical world. She is a skilled farmer who is responsible for the land’s prosperity. Additionally, in this one-of-a-kind world where animals can talk to people, players become landowners and work with Alice to grow the continent. Players take on quests and tasks to help Alice farm crops and raise animals. They can also change the landscape and decorate it with things like houses, decorations, and animals that are part of the game.

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Chain of Legends: Blockchain-Based Tactical Strategy Wargame

“Chain of Legends” is an engaging blockchain-based tactical wargame and strategy game set in a medieval fantasy world. Developed by a dedicated team, this game takes players on a journey where they command an army of Heroes and face epic battles against mythical creatures and formidable Buccaneers. The core of the game revolves around strategic decision-making, where players must train their Heroes, plan their moves in turn-based combat, and make choices that will shape the destiny of their empire. The game offers a dynamic and evolving environment filled with opportunities for exploration, including dungeons and treasure hunts. It also provides thrilling player-versus-environment (PvE) and player-versus-player (PvP) battles. However, “Chain of Legends” isn’t solely about defeating opponents; it emphasizes the importance of forging alliances and building a powerful network of allies. Players can join and establish Guilds, compete in arena battles, and strive to climb the leaderboards. One of the notable features of the game is its utilization of the Binance Smart Chain (BSC) and a play-to-earn model. This model rewards players for their dedication and skills, allowing them to earn tokens and valuable in-game rewards by participating in multiplayer battles and successfully completing challenges. “Chain of Legends” is more than just a game; it’s a community-driven experience. Players can connect on platforms like Discord and Telegram to collaborate, strategize, and immerse themselves in the vibrant world of medieval warfare and strategy. The game is developed by a passionate team deeply committed to both blockchain technology and gaming innovation. Their mission is to redefine the play-to-earn gaming landscape, offering players an engaging and rewarding gaming experience that combines blockchain technology with strategic gameplay in a captivating medieval fantasy setting.

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Best P2E Games list 2024

Why Should You Play-to-Earn?

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.