P2E Future trends overview

Play-2-Earn, Play-to-Earn, or P2E run on the blockchain network, such as Solana, Cardano, and Ethereum. These games are created by developers on the blockchain network to offer players a unique playing and earning opportunity. Examples of P2E games are Axie Infinity, StarSharks, and Gemini.

Play-to-earn games reward players with NFTs and crypto that could be the in-game token or popular cryptocurrency. NFTs can be traded for cash or sold to other players in the game’s ecosystem.

NFTs or Non-fungible tokens are unique digital assets that can’t be replicated. The rarity of these items is one reason many people jump at the opportunity of owning them. Combining traditional games and NFTs has allowed users to earn these unique digital items through video gaming.

P2E games prove that blockchain technology can be utilized in different sectors and not just in finance. A few years back, these games were non-existent as traditional game companies were still the force to reckon with in the gaming world.

However, the evolution of blockchain technology coupled with the increase in crypto and NFTs adoption gave companies the idea of integrating cryptocurrency and NFTs into gaming. The growth of P2E games over the last two years has been nothing short of overwhelming. DappRadar reported that more than 50% of blockchain users were plugged into one gaming application. It’s no surprise that users are playing these games, given the importance of owning an NFT.