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Play to Earn, will the hype continue in 2022?

Play to Earn

Axie Infinity and Decentraland are two popular play-to-earn games in the crypto realm. They appear to be reshaping the gaming business with a new, highly entertaining format that has widespread appeal. Many blockchain game news stories continue to focus on these principles, which have rewarded many gamers with large sums of money. Will the hysteria and rewards continue in 2022 as well?

What is a play-to-earn game?

Users can farm or gather crypto and NFTs in play-to-earn games, which can then be sold on the market. Each participant can acquire more things or tokens to sell and earn money by playing the game on a regular basis.

You’ll need to deposit your NFTs or crypto into an NFT marketplace to cash out. You can then convert the stablecoin into the money of your choice and withdraw via the accessible channels in your jurisdiction after selling your NFT or tokens.

The best play to earn games in 2021

There are various play-to-earn games available on the market, each with its own set of opportunities and features. Many blockchain games news is about these games. Below, you can read about some of the most famous ones:

Axie Infinity

Axie Infinity is a game inspired by Nintendo’s popular Pokémon series in which you collect and battle beautiful monsters in cartoonish combat. However, getting started isn’t easy or inexpensive, and you’ll require a much higher initial commitment than you would for a typical PlayStation or Xbox game. The positive is that you own and can resell your Axie NFTs, and its “play-to-earn” strategy rewards you with crypto tokens that can be swapped for cash.

Sandbox

In the Ethereum blockchain, the Sandbox is a virtual world where users may create, own, and monetize their gaming experiences. The Sandbox blockchain gaming platform is made up of three components:

Foxit is a free 3D voxel modeling and NFT creation application for PC/Mac.

Users can upload, publish, and sell their VoxEdit-created NFT creations on Sandbox’s NFT marketplace.

The Sandbox Game Maker is another free tool in this game that allows anyone to create fantastic 3D games.

Splinterlands

Splinterlands is a unique addition to the realm of NFT play-to-earn games. The game, which was previously known as Steem Monsters, is a trading game that runs on the Hive blockchain. Players in Splinterlands combat monsters in order to earn in-game goodies

Gods Unchained

Gods Unchained (GODS) is a free-to-play competitive trading card game built on the blockchain that rewards you for playing. By constructing powerful decks and employing combat techniques, players must outsmart their opponents.

What do the experts think about blockchain games in 2022?

Many experts anticipate the business will continue to grow in 2022. However, some people argue that the notions should be updated and that new ideas are required: The Block data, according to Igor Igamberdiev, research director of The Block:

“The current P2E and Metaverse games implementation will not achieve meaningful success, but new approaches will allow for a breakthrough in this direction. Ponzi mechanics aimed exclusively at making money instead of fun in games will be a thing of the past.”

Conclusion

When it comes to making money with cryptocurrency, play-to-earn games are a relatively recent trend. To take advantage of most new projects and ideas, you usually have to be first in line. Play-to-earn, on the other hand, has enabled gamers to make money. They can keep the excitement going until 2022, but as we see in many blockchain games news, there are definitely significant UX and availability improvements that need to be made.

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