Play to Earn (P2E) is one of the key features of blockchain games.
Recently, many game companies are entering the blockchain game market as expectations for the possibility of the blockchain game market have grown due to the emergence of metaverse and virtual currency.
But it’s a very unfamiliar and difficult field, so I don’t know how to approach it.
Let’s look at the current situation and future of the blockchain game and see if there is a way to solve various problems
Lastly, I want to focus on whether this market will be an exciting place to look forward to
Play to Earn (P2E) is one of the key features of blockchain games.
In addition to trading systems based on cryptocurrency (coin) and blockchain technologies such as non-fungible tokens (NFTs), P2E has been developed
It refers to a system in which users can make profits by trading goods or items obtained through games in virtual currency.
Games introduced with this P2E are slightly different in form depending on genre and characteristics, but in general, it is a key blockchain function that drives in-game currency or game play
It includes a “utility token,” and it is choosing a method of converting it into cryptocurrency and exchanging it for cash on the exchange after a few steps.
Moreover, P2E games are different from F2P/Free to play charging elements that are highly criticized for inducing excessive billing, such as “probability draw.”
In the sense that we can make a profit from the ‘fee’ that occurs in the transaction stage between users
It received attention as a new growth engine, which led to the majority of domestic game companies jumping into the development of blockchain games.