Play to Earn Crypto Games
Axie Infinity made history as the first NFT Game to hit 1 Billion Sales. describes the concept as the following:
The Play-to-Earn business model is the latest development in the games industry. It’s a business model that embraces the concept of an open economy and provides financial benefits to all players who add value by contributing to the game world. It’s likely to introduce new game concepts and retention models not yet seen in modern gaming.”
It allows players to make money or earn valuable digital goods which can increase in value by actively participating in the game. This approach is taking the crypto world by storm with games such as “Axie Infinity” (which generated over $485 Million since July 2021) and “League of Kingdoms, and is offering gamers opportunities to make a full time income in some countries by earning cryptocurrencies and NFTs.
We believe play to earn gaming will usher in millions of new crypto participants into the metaverse.
What if there was a way to expand this model of gaming to the real world?
Last modified 1mo ago
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