Play-to-Earn games have gained tremendous popularity in recent years. The gaming community got hooked to it primarily due to the thrill associated with the games and the lucrative awards. If you look at the recent figures, some of the popular titles have more than 1 million active users. Every game, genre, niche, and the whole Play-to-Earn gaming space has a community around it, with members actively interacting and, in some cases, promoting the game on various social media platforms. Word-of-mouth promotion seemed to have worked well for these.
What are Play-to-Earn games in the true sense?
As the name suggests, any game that rewards users for participation will fall under this category. But, there’s a critical aspect here, the rewards offered should have some real-world value. So, if a game only provides coins that are redeemable within the ecosystem and of no apparent value outside of it, these wouldn’t come under the Play-to-Earn domain.
The rewards offered could be anything,...
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