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Play-to-Earn games is over?
Play-to-Earn games are not created to provide the essential element of fun and entertainment that are the core values of gaming: players usually grind and complete repetitive actions to make a profit.
The problem is that not many games in GameFi are created to be fun and engaging , making Play-to-Earn nothing more than a side gig, your second part-time job, and even a hassle you have to deal with to cash in. This is not a favorable direction for the GameFi industry in the long run, and Play-and-Earn “saves the day” as a logical replacement for the Play-to-Earn concept.
The Play-to-Earn model is sustainable in the short term.
The alternative and viable solution is to publish Web3 games modeled to meet Play-and-Earn standards. Suppose players are interested in a game because it is fun to play and has an engaging narrative and gameplay. If so, GameFi can survive in the long run and develop into an even larger and more profitable Web3 industry.
Example of a famous game
The Play-and-Earn games model, really engaging
Unlike Play-to-Earn games, Play-and-Earn games emphasize entertainment, engagement, and fun, where monetization of gameplay and time spent playing are a practical way to reward the player while helping players make a real-life impact on the development of their favorite games through the implementation of decentralized organizations.
Play-and-Earn, unlike Play-to-Earn, goes beyond the incentive mechanisms used in both models: it also provides absolute ownership over game resources, meaning that the digital resources that players use, collect, and purchase in the game are actually owned by them.
Games will need to be updated and expanded regularly with new and interesting features if they are to maintain player interest. Developers need to focus on creating fun games so that players stay on the platform.
And I remind you that in my article in the
Play-to-Own games the new frontier of blockchain gaming
A new type of model is also becoming popular in the recent period.
In play-to-own models, NFT digital objects acquired by the player always have value as they can be traded in a market . Ownership provides players with security, pride and status.
For this reason, I invite you to play a beautiful space strategy game on Marte, Million on Mars
As blockchain games flourished in 2021, it was the cryptographic games sector that stole the show of the year. The play-to-earn model has attracted tons of new capital from investors, VCs and game enthusiasts.
Play-to-earn gaming has tremendous potential for the future; players are in control of the game resources they buy or acquire by playing. They own those resources to play the game, upgrade characters or trade them for cryptocurrency.
Play-to-own games will retain the old play-to-earn mechanics but with some additional features such as players unlocking rewards by advancing in the game or new use cases for their digital resources.
One way that could help improve the mechanics in crypto games is to offer players options on how to spend their in-game earnings in addition to upgrades, to purchasing more NFTs. One example is precisely the game mentioned earlier, Million on Mars