Using crypto in online casinos is not a new thing. Many platforms accept crypto payments or provide an opportunity to top up balances from crypto wallets. But that’s not as innovative as unique loyalty programs based on crypto and the play-to-earn principle.
The P2E concept is that a platform allows players to earn any form of in-game assets that can be transferred to the real world as a valuable resource. It may look like free money for players, but it’s much more than that. We know about it from the metaverses and separate play-to-earn game cases.
Play-to-Earn Business Model
Giving players ownership over in-game assets and letting them increase their value by actively playing are primary elements of the play-to-earn business model. When players participate in the in-game economy, they create value for other gamers and developers by boosting the platform’s retention. For this, they are rewarded with in-game assets — anything from crypto to the in-game currency tokenized on the...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...