Play-and-Earn Isn’t Going Away
The blockchain gaming industry is in for a shake-up. Last year, the popularity of blockchain gaming peaked. Many popular games are now addressing concerns about sustainability this year. To keep gamers interested, the significant players emphasize graphics, storytelling, and gameplay. The shift from Play-to-Earn to Play-and-Earn is a sign of the blockchain industry’s maturation. Last year saw a lot of craziness and questions about the future of games that don’t seem to prioritize desirability, playability, or fun.
Meanwhile, games that are making their way into the blockchain world need to understand that if their first aim is to provide an excellent gaming experience, they will succeed.
Blockchain has already changed the gaming business by rewarding players in exchange for in-game success. These Play-to-Earn games surged in popularity during the pandemic, ushering in a change in the Pay-to-Play paradigm. Blockchain will undoubtedly continue to dominate the video gaming industry, but what does the future hold for blockchain gaming? Let’s see what happens!
Play-to-Earn games generate billions of dollars in revenue.
For example, Sky Mavis‘ popular game Axie Infinity has about 2.5 million daily active users. As of August 2021, Axie had sold one billion dollars, making it the first Ethereum-based game to do it. Following the great success of Axie, the market was flooded with every possible Play-to-Earn game.
Axie Infinity: Origin
– 3 free starter Axies ✨
– All new cards 👀
– Axie upgrading 🛡️
– Live in Early Access 🪶
— Axie Infinity🦇🔊 (@AxieInfinity) April 18, 2022
The pandemic’s excitement continues this year, but several games are concerned about sustainability and are looking into measures to ensure their long-term viability. Axie Infinity is one of these players, and it’s trying to improve its looks and gameplay. The principal factors in the Play-to-Earn industry are concerned about a potential backlash as a result of its flaws. While blockchain gaming has a long way to go, games that overlook the basics in favor of monetary gain will not last long. As the blockchain gaming sector evolves, only the best games will survive. Basic graphics with a token on the side would no longer suffice. Gamers want to have fun while earning money.
Now comes the subject of what makes a decent Play-and-Earn game.
The solution can be seen in the most successful traditional games, where all of the fundamental components like aesthetics, gameplay, and lore continue to entice players to invest in them. This still does not rule out the possibility of exploring new ways to create valuable digital assets using blockchain technology.