ICrypto

Hotest Blockchain News in First Media Index

The New Era of Play2Earn Games – A New Economic Model

 There’s no better feeling than kicking back at the end of a long day than by playing games. Whether it’s the latest AAA title on a console or an app on your phone, games are a great way to have fun. But, cryptocurrency and blockchain are cranking things up a notch.

 There’s a new era here and it’s called Play2Earn. Simply put, you can earn crypto when you play games. Let’s run through what Play2Earn games are, which are the best Play2Earn games and how you can earn crypto by playing Play2Earn games!

 What are Play2Earn Games?

 Play2Earn games are as the name suggests – games that allow you to make money playing games. In the crypto world, this is done in the form of in-game tokens that have a use case outside of the game. Some games, such as Axie Infinity, will give you 2 types of tokens that you can withdraw and then trade on an exchange.

 The Play2Earn game style is huge in the blockchain world, and we’re seeing huge ecosystems developing around this new trend. Every time a player makes a move or engages with the ecosystem, they get rewarded. Whether it’s winning battles, breeding new creatures, or commenting on discussion boards, all actions are rewarded.

 How Do Play2Earn Games Work?

 Generally speaking, Play2Earn games will reward you with an in-game currency. Think about it like getting FIFA coins when you complete games or sell players. With play2earn crypto games, you’ll earn tokens that you can use to buy more pets, characters, equipment and more in the game. Alternatively, you can withdraw it and sell the currency.

Share
 22.05.2022

Hotest Cryptocurrency News

End of content

No more pages to load

Next page