The New Era of Play2Earn Games – A New Business Model

0

There is no better feeling than unwinding at the end of a long day than by playing games. Whether it’s the latest AAA title on a console or an app on your phone, games are a great way to have fun. But cryptocurrency and blockchain take things up a notch.

There is a new era here and it is called Play2Earn. Simply put, you can earn crypto when you play games. Let’s review this Play2Earn are, what are the best Play2Earn games and how you can earn crypto by playing Play2Earn games!

What are Play2Earn games?

Play2Earn games are, as their name suggests, games that allow you to earn money playing games. In the world of crypto, this is done in the form of in-game tokens that have a use case outside of the game. Some games, like Axie Infinity, will give you 2 types of tokens that you can withdraw and then trade on an exchange.

The Play2Earn style of play is huge in the blockchain world, and we are seeing huge ecosystems growing around this new trend. Each time a player moves or engages in the ecosystem, they are rewarded. Whether it’s winning battles, raising new creatures, or commenting on discussion boards, all actions are rewarded.

How do Play2Earn games work?

Generally speaking, Play2Earn games will reward you with in-game currency. Think of it like getting FIFA coins when you complete games or sell players. With play2earn crypto games, you will earn tokens which you can use to buy more pets, characters, gear and more in-game. Alternatively, you can cash it out and sell the currency.

In many blockchain games, your role is to breed and create new characters. These characters are actually NFTs, so you technically just created an NFT in-game blockchain, which you can then sell outside of the game.

Then you have mining simulators like RollerCoin that allow you to build a crypto mining empire inside the game, mining real cryptocurrency. Once you have reached a certain balance, you can withdraw it to your crypto wallet. These are the 2 most common types of play2earn games where you can play free online games to earn money.

What is the best Play2Earn game to get the most out of crypto?

Play2Earn is all about making as much money as possible. So, let’s take a look at the most popular Play2Earn cryptogames where you can earn loads of crypto!

RollerCoin

RollerCoin is the original crypto mining simulator. The goal of the crypto game is to build your own crypto mining empire and become the king of the city. You unlock hashrate by playing fun mini-games, which you can then divert to your favorite cryptocurrencies. In turn, you mine real-world cryptocurrencies like BTC, ETH, DOGE, and BNB, which you can then reinvest in your farm, giving you even more hashrate and rig upgrades.

The more you upgrade your crypto mining farm, the more your earning potential increases. Once your in-game balance is large enough, you can withdraw the crypto to your own wallet. Then you can do whatever you want with it, whether you choose to buy a new TV, a Caribbean vacation, or HODL.

Bloctopia

Bloctopia promises to be Decentraland on steroids. A decentralized metaverse, Bloktopia hopes to educate players about the world of crypto through fun games, videos, and workshops, all taking place inside the game. Players will be able to earn money by renting real estate in-game, through ad revenue and by educating users.

Bloktopia is still in development, so a lot of details are still relatively thin. That being said, the information currently available points to Bloktopia as a blockchain gaming platform to watch in 2022.

Mobox

Mobox is a fully functional platform filled with games and features that allow you to win. First, games on Mobox. You can play a range of games that allow you to earn chests, characters, weapons, and loot. You can choose to smelt these items and use the coins to upgrade other items, or you can sell them in the market.

You will also earn MBOX tokens. You can choose to stake them through the Mobox yield farming interface. The APY can reach 200%, which is not a bad way to store your coins when not playing games.

TryHards

TryHards is another Play2Earn game that is still in development, but it looks like a big promise. The object of the game is to battle other players for fame and glory. Playing games will allow you to earn bonuses and new characters, which you can then upgrade or sell on the market.

You will also be able to bet in the game as well as in the yield farm, which is pretty nifty. The full game is expected to go live in early 2022.

ZED race

If you’ve always wanted to have your own racehorse, your dream is now coming true. In ZedRun, you can collect, breed and race your horses for fame and glory. Winning races provides you with in-game currency, which you can then use to buy new horses or breed with other horses.

If you have a particularly rare horse, you can lease it and collect a stud fee. This allows other players to breed their horses with yours to create new horses. Of course, you get a fee reduction. It really is a fun game to play, and you can win a lot of money if you put enough time into it.

Are you going to play Play2Earn games?

There. There are only a few Play2Earn games that are online right now, but the space is growing and exploding in 2022. The sooner you enter the Play2Earn space, the better your chances of going against the competition.

Start your own mining empire by Rollercoin or herding and racing horses in Zed Run sounds like an incredibly fun way to wind down after a long day. Play2Earn game players are reported to be earning thousands of dollars every month, so join the hype as it takes off to become an official Play2Earn OG!

As an active participant in the Blockchain world, I always look forward to engaging in opportunities where I can share my love for digital transformation.

The content presented may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.

Share.

Comments are closed.