Play-to-earn games have shaken up the whole gaming industry and turned out to be a win-win situation for both players and game developers. If you are new to p2e game development and don’t know how it works, now is the time to learn and change the game.
Statista claims that by 2025, the global gaming market will be worth $268.8 billion per year, which is a good example of this.
Gaming has always been open to change, and the new and advanced concept of play-to-earn (P2E) gaming, which uses blockchain, crypto, and non-fungible tokens, as well as getting along with the metaverse, was quickly accepted. Many cool P2E games, like Axie Infinity and Decentraland, have already been released.
If you want to make a pay-to-win game but don’t know where to start, we can help. Check out this article to learn more about play-to-earn games, how they help make money, and what it takes to make them.
A p2e game is the latest trend in the gaming industry. It promotes the idea of an open ecosystem where both players and game developers can add to the gaming space and make money from it.
Most play-to-earn games focus on things like PvP battles, action, strategy, adventure, and racing. This means that the advanced gaming model can cater to almost anyone’s interests and likes.
In P2E games, players get special prizes when they win or do something else good. These can be non-fungible tokens that can be sold on internal trading platforms or secondary NFT marketplaces, or they can be cryptos that can be sent to a crypto wallet and traded for real money (hence the name play-to-earn).
In general, the value of a financial reward in a P2E crypto game depends on your gaming experience, how involved you are, how long you play the game, the game’s popularity, ratings, and, most importantly, how much people want the NFT assets or cryptos in the game.
So far, P2E games have been very successful and have given both players and developers a lot. Now, let’s talk about the pros of P2E games in more depth.
Unquestionably, the best thing about play-to-earn games is that they give players a chance to not only relax and get lost in a virtual world, but also earn money based on how well they do in the game and what they accomplish. In the end, it’s not just about making money, since players can take part in virtual economies and sell, buy, and trade crypto assets and NFTs on global platforms.
Even though they are new, play-to-earn crypto games already have large communities of players from all over the world. As of December 1, 2021, there were about 8.3 million one-time active players in Axie Infinity, which is a huge number.
This can be explained by the fact that P2E games encourage players to work together to reach a common goal, like completing a mission in the game and sharing a reward afterward. Because of this, people who like to play games are more likely to create bigger social spaces where many more people can join in.
Since play-to-earn games are based on blockchain technology, all of the data is stored safely across a decentralized network that is very hard to break into. Importantly, blockchain makes it possible to encrypt data in ways that work well and add an extra layer of security.
Overall, players and business owners will enjoy working together in a safe blockchain-powered gaming ecosystem where they don’t have to worry about the safety of their games.
Smart contracts are also used in P2E games, which is another important thing to point out. These help keep track of all the transactions that happen in P2E gaming and make sure the game runs smoothly.
The P2E model for games and the metaverse game development seem to go well together. The second one gives gamers a cool, immersive environment with 3D graphics, virtual reality, and augmented reality where they can win money and have out-of-this-world experiences.
P2E gamers can not only make money in the metaverse, but they can also hang out with other gamers and talk to them as if they were right next to each other on virtual plots of land or in specific places like virtual battlefields, arenas, and playgrounds.
P2E game developers, on the other hand, can make money by putting customized ads in the metaverse space. In the metaverse, you can also sell or rent out virtual lands and buildings to different gaming communities, where they can hold their own events and put on new gaming performances.
Let’s look at some of the most popular P2E games and find out what makes them so unique and popular.
Axie Infinity is without a doubt one of the most popular P2E games. It is based on the Ethereum blockchain. It lets people make and breed Axis, which are like monster pets that can be used in battles.
There are two types of money in Axie Infinity. The Smooth Love Potion (SLP) can be exchanged for real money, and the Axie Infinity Token (AXS) is used to pay for things in-game.
Silks is an amazing play-to-earn metaverse game that is about to give players a new way to play games. It has something to do with horse racing in the real world. Each digital horse is a derivative NFT that lets its owners track the lineage, training, and racing performance of real horses and get rewards based on how they do.
The idea of a virtual horse racing esport as a whole has become very popular, and Silks is not the only game in this category. Zed Run, Pegaxy, and DeRace are some other examples.
Splinterlands is an innovative play-to-earn CCG (Customizable Card Game) that is based on the Hive blockchain. About 260,000 people play this strategic NFT card game every day, and it has more than 500 cards.
Splinterlands is free to try, and its players can make a lot of money by doing different things within the game. It is played in more than 140 countries and can be found in 12 different languages.
Alien Worlds is a P2E game that is powered by WAX. It has a metaverse with six worlds, each of which is a separate NFT with 500 plots of land. The game gives players the chance to settle planets, set up a government and economy, and travel to other planets in the far distance.
Trilium, the in-game currency, can be given to all players as a reward. It can then be sent to the Binance Smart Chain and staked to get more Trilium.
Farmers World is a very fun P2E non-fungible token game about farming that runs on the Worldwide Asset Exchange blockchain. Its players choose the right tools, use different resources, buy land, build farms on it, and enjoy unique chances in a complex farming ecosystem. The game is mostly about collecting NFTs, and farmers are encouraged to do certain things to get rewards. With the help of NFT cards, all gamers can also go mining and make things.
If you want to design or invest in a P2E game, you need to think about many things, such as the business model, token economy, blockchain platform, how the game is designed, and what the players want. Let’s look more closely at each of these things and figure out why they’re so important.
First of all, remember that a P2E gaming model should be sustainable, which means that all users should be real people and not just bots trying to get the in-game rewards.
Also, if a P2E crypto game becomes more popular and draws in more users, it should be very flexible and easy to scale up. Developers and analysts of games will have to come up with new ways to make money and new ways to make money in order to keep the current business model going and keep both new and old users interested.
Tokenomics is in charge of putting the game’s idea and value into words. The main idea behind P2E tokenomics is a well-balanced monetary policy that includes NFTs, cryptocurrencies, and other internal tokens.
In particular, game designers need to come up with a special token for governance. This will let people who play the P2E game vote on any changes or ideas for how to make the game better and stronger.
Since play-to-earn crypto games are based on blockchain technology and depend on it a lot, it is very important to find the best platform.
As of right now, there are a number of blockchains on the market, and each one has its own set of features and functions. When choosing a blockchain, pay close attention to things like transaction speed, consensus mechanism, long-term viability, transaction fees, and support for non-fungible tokens (NFTs).
A P2E game should try to meet the needs of all the people involved, including the developers, the players, and the investors. All of them should be given the right things to keep them interested in the game and keep promoting it.
To meet the needs of everyone who wants to play the game, a P2E model needs to have a user structure with different roles that has more than one layer. So, for example, a P2E gaming model might allow players to either play for fun (P4F) or play to earn (P2E), while investors could choose to become game governors, managers, supporters, or speculators.
You’ve heard the old saying, “Don’t judge a book by its cover.” Still, a P2E game should have an excellent and attractive design to catch the eye and stay in the heart. If a play-to-earn cryptocurrency game looks good and is easy to use, it is likely to be popular with players and investors and do well.
But a good design shouldn’t come at the expense of well-structured game logic. Even if the game design is great, a P2E game won’t be successful and be played by a lot of people if the business model and tokenomics aren’t good.
It’s hard to tell how well P2E games will do in the long run because they still have a long way to go and need to get better before they become popular.
But even now, the trend toward cutting-edge games looks pretty cool and could be good for developers, players, and investors. It gives everyone the tools they need to live together peacefully, communicate well within global communities and ecosystems, take part in virtual economies, and have fun.