Most of us remember the early 90’s game that runs on 16 bit such as Street Fighter, Mario, and others. With time, the game pattern was changed, and the 64-bit game was launched with ample genres such as action, adventure, sports, etc.
How P2E games will revolutionize the gaming industry?
Game is a platform where the players get a lot of fun & entertainment, and it is not new in the world as it left its footprints long years ago.
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Now, in the digital world, blockchain technology is a dominant one, and many Play-to-Earn games are coming through this platform.
Earlier, games were just a mode of entertainment where the users didn’t get anything against the spend time. But in the present day, the gamers receive rewards in the form of real money by playing the game just like if they played online slots on Slot Online Casino. The gaming industry is evergreen, and its value in the global market is significantly increasing.
Now, a question may arise, if MMO games (Massively Multiplayer Online) are there, then how P2E will rise? Well, your query is genuine; as an MMO player, if you have played a PUBG game, then your prime focus was to defeat the other players and to win the game, and in return, you won’t get the money. Additionally, you have to spend real money against the purchase of weapons and other in-game items.
However, in the Play-to-Earn game, you will get an opportunity to earn money by utilizing your art skills. For instance, if you had played Roblox, XOslot, Infinity Axe, and other NFT games, then you would be aware of how to sell the customized avatar in the NFT marketplace. Now, let’s see how P2E games are dominating the market and how they will revolutionize the gaming industry.
Drawbacks of Traditional Games
The traditional games have a lot of drawbacks that gave space to P2E games where the prime one was ‘pay to play. In this kind, the players have to buy the games upfront by spending good money. Additionally, the developers have a monopoly in the game, i.e., charging money against the game products or fixing the patches.
Frequent Pop-up Ads
The ads are one of the major sources of income for the developing firm, but that annoys the players. In addition to this, some game developing firms impose microtransactions techniques in the gameplay, i.e., paying money against the game levels and others.
Rise of P2E Games
After watching the drawbacks of the traditional games and the emergence of blockchain technology, it pushed the gaming firm to step into this platform. Likewise, the NFT platform is a unique way to earn money by utilizing art skills. For instance, if you are proficient in the art field, then using the gaming platform and artistic skills, you can make money in the NFT marketplace. Many games support this marketplace that allows you to trade the art.
Transformation of Game via Blockchain Technology
After facing the monopoly and dominance of the game developers, the players were keenly interested in another open-source platform, and blockchain fulfills the same. A blockchain collects and synchronous the data on the network and makes it transparent for all. In short, there is no control over the game by any central authority, and even in some games, such as Roblox, you can create and play the game.
In blockchain technology, all the data are secured, which means no data can be altered. The game based on blockchain technology supports many crypto markets, and one such is the NFT.
NFT is a Non-Fungible Token that gives a unique digital code to your art, and selling the same in the NFT marketplace gives you a good profit from your art. In the past and also in the present, the digital assets were not secured in the open platform as anyone can access them or can forge them. But, NFT made this activity impossible and thus supported the gaming talent across the world.
How can you see the future of P2E games in the Gaming Industry?
In the digital era, most people are aware of fraud and they need digital security even in the game. Purchasing the game items from in-game items or from other sources, the transaction was not secured. But the blockchain-based game made that happen, too, and here some of the points are listed below that will show the future of P2E games.
Be a Master of your in-game assets.
The P2E games work on some ideal parameters where you get full control of the purchased in-game items. As there is no central authority, so your stored in-game assets on the network are completely secured, and no one can alter them.
An Efficient Trading Platform
In P2E games, you get an opportunity to sell your game assets to make money. Likewise, you can also use your art to create an avatar or other items and can further sell them on the NFT marketplace. Here, P2E games act as an ultimate trading platform, and stepping on this will give you a good profit.
Highly Secured Payment Feature
In P2E games, you will get an advanced and most secured payment feature that secures your digital assets. If you look past, you will find many credit card breach incidents that took place amid the purchase of game assets.
But P2E games are based on blockchain technology that is highly secured. The blends of the cryptocurrency and gaming industry will take both of them to another level in the future. For even better security of your funds, you can install one of the VPNs reviewed by vpnBusters and enjoy the cutting edge encryption and security.
Bottom Line
P2E games are the current demand of time, and the users love them a lot due to their ample features. In general, the players want to have fun while playing, and in return, they also need some money in rewards. The P2E games fulfill both the conditions and give a secure environment and a lot of opportunity in the NFT marketplace.
There are some P2E games that enable you to create your own game and publish it on the platform to earn money. Likewise, you can also create many customized game items and sell them on the NFT platform. Undoubtedly, it’s not wrong to say P2E games will revolutionize the gaming industry.
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