Blockchain News
Shifts in Blockchain Gaming Earning Models
“Scholarship” profit-sharing models grew in popularity around the same time as the blockchain gaming boom of 2021 made the industry visible to the world.
The term scholarships refers to the profit-sharing agreement between two parties, the scholar and the manager, where the latter allows the use of their digital assets for the former to gain access to a blockchain game. Scholarships were first used in Axie Infinity so players could make use of their excess assets by lending them to other players who couldn’t afford purchasing their own.
The profit-sharing model was heavily associated with the PlayToEarn characteristics of blockchain gaming as it was a catalyst for project growth. More users could be onboarded to a protocol without having to spend to purchase assets. Guilds started forming based on this model. However, it proved to be unstable due to its extractive characteristic that took its toll on blockchain gaming...
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