Play-to-earn games herald the next generation of platforms

189
SHARES
1.5k
VIEWS
ADVERTISEMENT

Related articles



The online gaming industry has been on the rise in recent years for good reason. From a global pandemic driving an online revolution to ever increasing mobile and internet penetration, more and more people are spending more time online.

It’s no wonder the industry is making big bucks, bringing in over $ 20 billion in revenue for 2020 alone. With an estimated 1 billion online players Currently active worldwide, experts predict the number will grow to a whopping 1.3 billion active players by 2025.

The numbers speak for themselves. Gamers are so excited about their favorite games that some may spend hundreds of dollars just to upgrade their avatar or access a coveted in-game article that will give them a head start.

Blockchain-based play-to-earn (P2E) games will literally change the rules of the game by providing equal leeway for everyone involved, offering players property and a source of income, and making the time they spend playing games worthwhile.

Here’s a look at some of the best play-to-earn games that are taking the gaming industry by storm.

Axie infinity

Axie Infinity is leading the way in play-to-earn games thanks to its growing popularity which has resulted in a million players coming on board every day to play the game. The astronomical success that Axie Infinity enjoys is mainly driven by the fact that players can make real money while playing.

Axie Infinity is an Ethereum-based game with a Player vs Environment (PvE) mode and a Player vs Player (PvP) mode. In PvE mode, the player competes against a built-in environment or monster in the game. A PvP mode is one in which the player can compete with other players in a metaverse scenario.

Players must acquire “axes” which are designed in the form of monsters for battle with hordes of other small round monsters.

The game can be played on either desktop or mobile devices and its play-to-earn model is such that every monster and every other piece of equipment used in the game is in the form of a non-fungible token (NFT).

Skirmish winners go home with the spoils of battle in the form of cryptocurrencies called Smooth Love Potions (SLPs). The goal of the players is to build a collection of the most valuable and powerful axes as the value is determined by the price of Ether (ETH).

Players can earn money in the form of SLP tokens that can be exchanged for fiat currency, or sell their Axies as soon as those Axies increase in value due to battles won.

In November 2020, an Axie was sold for over $ 1.2 million worth of ETH for 300 ETH, a wave of excitement that particularly intrigued gamers in Vietnam and the Philippines who were using the game as a means of generating income amid a global pandemic .

Gods unleashed

Gods Unchained is a free card battle game where players can buy and sell cards that are rich in rarity and value in order to defeat their enemies in-game.

A close copy of Blizzard’s immensely popular Hearthstone: Heroes of Warcraft, Gods Unchained provides the game with a crypto advantage and gives players of Blizzard’s game an intimate introduction to crypto and blockchain technology.

Granted, the gameplay of God’s Unchained itself is not based on blockchain, but the cards are based on the Ethereum blockchain and thus enable real ownership that players can trade their cards on on secondary marketplaces.

This turn-based card battle game became hugely popular in 2019 as its player base nearly tripled shortly after Blizzard’s infamous fallout in Hong Kong. At its peak, one of the in-game cards sold for 137.8 ethers, which is currently worth more than half a million US dollars.

To this day, Gods Unchained continues to grow with the recent release of an expansion set called Trial of the Gods.

Plant against the undead

Plant vs Undead is a free tower defense game set in a post-apocalyptic world overrun by zombie attackers. Players must strategically arrange the plants to prepare for an attack by an invading zombie colony. Plant vs Undead’s play-to-earn model aims to capitalize on this aspect, which has significant replay value.

Just like the growing popularity of Axie Infinity in the Philippines and Vietnam, Plant vs Undead has grown in prominence in Brazil and other places where such P2E games make a significant difference in people’s incomes.

Players can purchase seeds to start playing, which can be purchased on the platform’s marketplace using PVU tokens (the game’s native token).

Another aspect that draws attention to this PvP game is the fact that players can earn and accumulate NFTs. NFTs have already started a revolution in the video game industry by giving gamers complete control over the assets in the game. With Plant vs Undead, all in-game assets can be sold or traded on the platform’s native marketplace.

Together with the gods

Based on the polygon blockchain, Along With The Gods is an RPG P2E game that rewards players in NFTs and cryptocurrencies. The game revolves around powerful action heroes from five classes.

Each hero has different traits, abilities, and special abilities to be used in battles. Players are expected to form teams of heroes of their choice and empower those heroes as they employ various strategies to win battles.

All items in the game are built as NFTs on Polygon’s blockchain, which allows for better transaction finality and lower transaction costs.

Peasant world

Farming games have become increasingly popular in recent years thanks to their simple game strategies that all involve planting, harvesting and upgrading plants or just building barns.

Farmers World is a P2E game where players can choose from a wide variety of tools to improve and harvest crops. They can also attack other farmers while they are waiting for their harvest.

Farmers can mine or mint GOLD (an in-game native token) and NFT-based in-game items by simply participating in in-game activities.

Farmers can also protect their farms from invading wildlife and monsters. From the mined GOLD tokens, farmers can create their own NFT-based farming tools to further expand their farms and grow crops.

The game has a membership aspect that requires users to purchase membership packages that range in price from $ 322 to $ 514. Membership allows players to play and earn NFTs alongside other in-game tokens.

The next step in the gaming industry

P2E blockchain-based games are the way of the future. These games give players greater control over the in-game assets they work tirelessly for, as well as the ability to make a living making cryptocurrency and NFTs while playing the game.

Similar: NFT gaming offering in question as regulators and traditional gaming pullback

As more companies in the gaming industry adopt blockchain technology, the development of these games will also increase exponentially.