Good day. My name is Miguel. I represent blamelessgame.com.
The gaming industry is growing faster than ever before and is estimated to be worth hundreds of billions of dollars. Find out more about the play to earn industry at http://www.blamelessgame.com/. This boom is attributed to the influx of new players due to the pandemic and the increased demand for practical and easy-to-play online games, especially on mobile platforms. However, most traditional games require an investment from the player, being either fully/partially paid or having paid additional content. The Play-to-Earn (P2E) model is different in that, on the contrary, it allows players to earn. For this purpose, blockchain and NFT technologies are used in the development of such games.
BlameLessGame editorial team will cover the best blockchain games based on the P2E model, which will become popular in 2022 and have been supported by other well-known projects such as Binance and Bybit.
What is the P2E
Most games have trading floors where users can buy and trade items - weapons, armor, items of decoration, potions, etc. In traditional games, all such items are simply drawn pictures; the player does not actually own any of them. There is also no transparency or ability to influence the game mechanics.
Blockchain has introduced decentralized fair virtual markets, where players have a real say and developers no longer have full power over gameplay.
So, there are two key features that make P2E games unique: the integration of cryptocurrencies used for payments within the platform and the use of NFT. Like in the real economy, it is possible to make money in the game markets, as well as receive rewards for active game actions. The potential in the industry is enormous, obviously everything is in its infancy right now.
Prospects for blockchain games
P2E and NFT games have created a furore in the+R2 industry. But their further development depends on how developers can implement these features, bringing maximum benefit to players+R2. Overall, it is a very positive trend to pay users for their activity and attention to the project, roughly the same is being promoted by the Basic Attention Token project (Brave browser).
The significant downside is that at the start of most games the user has to pay - to buy their first character, pet, plot or whatever. Of course, on the one hand, this investment can quickly pay off. But on the other hand, there are also risks of losing money, given the volatility of the crypto market.
Cryptocurrency is unlikely to leave the gaming industry - on the contrary, it will gain a foothold in it even more actively. NFTs, unique blockchain-based digital collectibles, play a particularly important role in this.
The BlamelessGame team has prepared a review of the best NFT games for 2022