Play 2 Earn Games (P2E)

Traditional video games operate on centralized networks that are controlled by big businesses. These organizations frequently exercise total control over the in-game setting by determining how and when players can access the game. Play-to-earn (P2E) games, in contrast, use automated smart contracts to run since they are built on decentralized blockchain networks.

P2E games can take advantage of a variety of decentralized functionalities, such as non-fungible tokens (NFTs) and tokenized in-game prizes, because they are built on blockchain technology. Prior to providing players access, traditional games frequently demand subscription or license fees. In contrast, in order to engage in P2E gaming, one typically has to carry a project-specific NFT.
Ownership of in-game assets and token incentives are some of the key advantages of P2E crypto games, however there are expenses involved with both. We'll examine how these features are changing gaming economics below, along with the reasons play-to-earn gaming is becoming more popular.