The Future of Blockchain Gaming

Many people are rightly skeptical about the play-to-earn model in gaming.The most important question that will determine the destiny of the industry is this: can more money flow out of a game than what was put in?

“The problem with play-to-earn blockchain games is that they're very zero-sum. At the end of the day, you're only playing the game to benefit the game economy, versus the entire ecosystem.

Games where earning is at the core are also inheriting a difficult sustainability problem. It’s impossible to create an economy that constantly grows. Axie earnings have already started to decline, which will soon make the game undesirable for their current player base who are primarily playing to earn. If new entrants cannot win and turn a profit,... See more

The core vision behind play to earn (P2E) is to address these issues by offering real player ownership of in-game assets and their surrounding world, ultimately creating greater stickiness and retention of communities.

Immediately upon entering the Web3 rabbit hole, one realizes that it’s hard to talk about crypto without also talking about gaming — specifically a highly financialized form of “gamification” revolving around microtransactions and “play-to-earn” (P2E) incentive design, whereby players win real tokens with real financial value for specific behaviors... See more

Game psychologists note that a lot of the joy and addiction comes from unexpected and randomized rewards. The ability to easily acquire a known reward with money might actually rob the games of what makes them fun. The direction of NFTs and many P2E games are fast racing towards pure financialization which could ultimately kill core gameplay. Espec... See more