what are play to earn games?

Gaming entertainment was always an industry with great development potential. Technological progress allowed us to create more and more complex titles that surprised us with the quality of graphics, mechanics, or ideas. The last twenty years have been a time of constant updates on gaming issues like reality level, the world presented to scale, or playability, but our minds get used to it. It’s much harder to impress us, so maybe there’s a time for a different approach? In this article, we will introduce to you, the Play-to-Earn games – a special kind of money-earning tool. Nowadays, the title has more purposes – to give you joy and also let you earn. What does it look like in practice? Let’s talk about it! How have we made money from gaming so far? The idea of exchanging your time in front of the screen for cash appeared a long time ago. It required a lot of creativity. There weren't any direct solutions from the games side, that would allow the money to appear on your account. The range of options was divided into those that could be used by anyone, and those that would require different conditions to be met. To the first mentioned we can classify farming and selling gold in MMO RPG, unique items, whole accounts, and renting servers. To the second group, we can put being a pro e-sport gamer or streamer of your gameplay who receives donations. The common denominator of both sections is showing your initiative as a player to make money. There hasn't been a tool before that comes to you and says, “hey, act in a specific way, and you'll pay out money”.  Article on Crypto: Hot Topic - NEAR Protocol! Terra (LUNA) has been seeing a consistent downward price trend, DAI Should Stay Close To $1 P2E has introduced itself to the market and gained many enthusiasts P2E games are working similarly to others in the crypto industry. The engine of the initiative is the idea and token which is issued to the market. With the proper marketing background, the community is gathered. They are observatories of the development process, and sometimes take a part in the decision-making by voting. A token has a certain value, which is also a reflection of the interest in the game from both the speculation and utility side of the token. An interested person can, for example, buy a number of tokens, spend some on in-game utility, and some on staking or farming. However, the earning potential doesn’t stop here. You can treat it as an investment instrument, but the main functionality is dedicated to inside-metaverse solutions. Your funds are your currency for which you buy characters, items, boxes, etc. Usually, it is also a reward in battle. Fighting with enemies is the most common way to earn income by actively doing certain activities in P2E.  How does it look in practice?  Let’s use the example of the RoboHero mobile game. The title has its ROBO token exchangeable to UST. Moreover, you can allocate it on staking or farming with high APY and after the game release, you can buy a robot, upgrades, land, or billboards. The last two mentioned require a word of explanation. You can earn passively, sharing your NFT lands as fighting arenas for PvP. Billboards work the same as in real life – you rent them for advertising, and you get paid. Passive income solutions in Play-to-Earn are wonderful. You can get tokens for being a landlord and at the same time win tokens in battles. Why become a tenant in real life when you can do so in the metaverse? RoboHero deserves praise for a certain solution, which is a very nice step for the community. P2E games often had high barriers to entry. Starting an adventure required a minimum of several hundred dollars out of your pocket. Examples of such games are CryptoKitties or Axie Infinity. Not everyone can spend so much money right away, especially when they don't know if they will like the game and will continue to use it until the investment pays off. Thankfully, there is another approach – a Watch-to-Earn app has been launched for RoboHero, so for watching ads you'll claim the funds for your first playable robot. Sounds good to us.  Read next: (UKOIL) Brent Crude Oil Spikes to Highest Price For April, (NGAS) Natural Gas Hitting Pre-2008 Prices, Cotton Planting Has Begun Summarizing Ten years ago, we were farming gold in World of Warcraft, today we are farming tokens dedicated for fiat money exchange. The market is moving in our favor as gamers have more and more opportunities to monetize their activities. The profession of a full-time gamer has so far been associated with e-sports players. We may need to redefine the term to describe someone who plays P2E titles 8 hours a day. In the Philippines, people are playing Axie Infinity and making good money from it. They treat it as a full-time job like being an Uber driver. Who knows, maybe other parts of the world will one day switch from casual work to mobile gaming.

Games are an excellent way to escape from the daily routine and enter the new world. Gaming has many faces, it could be your biggest passion, Sunday fun, or earning method. The latter mentioned is a relatively fresh concept for the world of digital entertainment. It is worth taking a closer look at it to understand what makes us unable to tear ourselves from the computer or smartphone’s screen for hours. Would you like to know what elements should have the quality Play-to-Earn (P2E) title? We invite you to the text! Refined business model P2E is from the financial perspective a moneymaking tool. It's driven by a game token and provides users with diverse and effective ways to collect funds, some of which will be used to develop the game. It provides an effective model, from which the income will be divided between investors – gamers, the project’s team, and the product – itself. It is a recipe for motivation to keep playing and product development. The possibility of making a steady income that could be your second salary sounds very attractive, especially when we're talking about passive income.  Read next: Play To Earn Games: Revolution On The Games Market – Let's Talk About P2E. What Is Play To Earn? RoboHero (ROBO)| FXMAG.COM As we mentioned before, the fuel that powers the game is token, which value depends on many factors. These include development plans (roadmap), burning part of the supply to increase the price, utility token scope (e.g., internal metaverse economics), etc. It is crucial to reach different clients groups – long-run investors, people who just like to click around and make a few dollars after work, and people who will make it a regular income. Nowadays, we have considerable possibilities, a dozen years ago we wouldn't even consider farming gold in World of Warcraft.  Diverse ways to get funds P2E games offer a wide range of possibilities to claim tokens. It depends on the characteristics of the game. However, the most common theme is a fight in which the winner receives funds from the pot. They are coming from the game’s treasury when the battle is in PvE mode or the players are allocating tokens for the common pool for the winner in PvP. There are also mechanics that we already know from MMO games, such as selling acquired items on the marketplace and trading characters, etc. However, these are ways of active income, which require completing certain tasks to collect a reward.  The real potential of Play-to-Earn is hidden in passive income. At this point, we can use the example of the RoboHero mobile game. In addition to the extensive opportunities to generate active income, we have vast opportunities to earn passively. You can rent your character to another player, lend an advertising billboard in the game and get a lease payment or become the NFT landowner, where the robot fights and get a commission from each battle. This gives many possibilities, from which you can create a superb plan for profit.  Read next: (ADA) Cardano Coin Has The Potential To Compete With Larger Coins - Watch Out Ethereum (ETH)| FXMAG.COM In the world of blockchain entertainment, some issues are appearing, foremost – the game’s entry barrier. Usually, you need to pay a minimum of several hundred dollars for a character that you will perform tasks. Here, it is worth mentioning again the example of RoboHero, which came out to meet the community and offered a Watch-to-Earn application. It allows you to raise funds for your first robot by watching ads. This is an excellent practice that can become an inspiration for other game developers.  Engaging gameplay We don't forget how crucial is the user experience itself. The high-quality P2E game features the proper balance between earning and playability. If there will appear a deficit of one factor, it can't be made up with more of the other. Playability is a set of rules and game mechanics that contribute to the enjoyment of the game. The real essence of game success is the level of positive emotions you draw from a title. It consists of elements like among others metaverse design, graphics, idea, and plot. Authors need to find a golden proportion in composing these elements. Sometimes less is better. Do you remember Heroes III? An outstandingly playable game that was a tremendous success. Although the graphics and story were in second place, it was the gameplay mechanics that made this title extremely popular until now.  Different recipes for the game As a curiosity, we can introduce to you a distinguished mechanics we can meet in Play-to-Earn titles. We have to admit that authors’ creativity is limitless. Take a look at the gaming models' examples: CryptoCars - earning tokens by driving the car through the road, avoiding obstacles. Pegaxy - taking part in horse races, in which the best contestants are rewarded with tokens CryptoBomb - Escaping from the bomb field on 2D boards. If you survive, you win. Farmers World – you buy in-game NFT land, where you grow certain resources, harvest, and sell them The very friendly gameplay and refined economics of such titles make earning straightforward and fun. In that industry, everyone can find a title that fits them. Different recipes for the game. Summarizing Creating a good Play-to-Earn title is an art. It’s a huge challenge from the technical, financial, organizational, and marketing points of view. This is a young branch of the market, so we are now seeing its wonderful innovative beginnings. It’s worth being interested in this industry and bringing as much enjoyment and funds out of it as possible. Sometimes it's better to change the approach and give a chance to modern earning methods. Being landlord and billboard in-game tenant sounds fantastic. It’s simple – you get tokens and exchange them for fiat money.  After all, who in their youth didn't dream of making money from playing?