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Within the next 5 years, the majority of gamers won't play games unless they are being properly valued for that time.
The model is called "play-to-earn" and it will become standard for video games in the future.
Let’s talk about why ↓
The model is called "play-to-earn" and it will become standard for video games in the future.
Let’s talk about why ↓
First – quick definition.
The “play-to-earn” model in gaming lets players earn rewards that have real-world value just for playing.
These rewards generally come in the form of in-game digital assets that players can buy, trade, and sell outside of the game for real cash 💰
The “play-to-earn” model in gaming lets players earn rewards that have real-world value just for playing.
These rewards generally come in the form of in-game digital assets that players can buy, trade, and sell outside of the game for real cash 💰
This isn't a super new concept – remember Club Neverdie from Entropia?
This fully virtual property sold for $635,000 back in 2010 at a time when platforms with similar play-to-earn models like Second Life also flourished.
dailymail.co.uk/sciencetech/ar…
This fully virtual property sold for $635,000 back in 2010 at a time when platforms with similar play-to-earn models like Second Life also flourished.
dailymail.co.uk/sciencetech/ar…
With recent advances in Web3, there are even more ways for players to be compensated for something they've already been doing for free for years.
Plus, this model also provides studios with a new way to monetize without having to harvest their users for ads 🤖
Plus, this model also provides studios with a new way to monetize without having to harvest their users for ads 🤖
Companies like @AxieInfinity are already leading the way by letting players easily earn crypto and sell their in-game characters as NFTs.
Sure, these games may face hurdles to adoption as the wider public adjusts to crypto and NFT-trading but as these technologies scale, play-to-earn becomes a no-brainer.
I mean, why would you keep playing the same game for free when you could get paid for it?
I mean, why would you keep playing the same game for free when you could get paid for it?
This crypto winter is exactly the time when folks are gonna be building. The next cycle won't be defined by gambling or speculation, it'll be through engaging gameplay. The reason "why" for gamers will be as simple as this game is fun and my friends play it.
The @OthersideMeta is certainly the most visible of these (776 co) and I believe the momentum will come from the fact they've already identified and engaged their biggest fans from Day 0. Unlike a traditional launch that has to Hollywood launch its way to as big an audience as… twitter.com/i/web/status/1…
It's wild still seeing sales like this $500,000 for a CS-GO skin a month ago.
dexerto.com/csgo/ak-47-csg…
dexerto.com/csgo/ak-47-csg…
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