How do Play-to-Earn Games stand out from Play-to-Win (Traditional) Games?
Asset ownership: In a traditional game, the platform owns almost every asset used in-game navigation regardless of whether it is in possession of a gamer. The traditional gaming ecosystem has the right to take away a player’s skins and collectibles. There are restrictions in place that prevent players from selling or transferring their collectibles to other platforms. Users own the NFTs used by Play-to-Earn gaming platforms. Gamers can mint NFTs, customize them to their liking, sell them on NFT Marketplaces, and even convert them to cryptocurrencies or fiat currency. NFTs are the assets used to navigate the game. They could take the form of avatars, land, pets, etc.
Decentralization: In traditional gaming, users have little or no power to request changes, but that can’t be said for Play-to-Earn blockchain-based games. Play-to-Earn ecosystems tend to have a decentralized governance framework, allowing users to participate in crucial decision-making processes. For example, in WarriorGame via the warriorDAO, decisions are made by community members. As long as the user possesses the native token, they can participate in voting sessions. Gamers can participate in decisions that can shape the platform’s future.
Earning Opportunities: Traditional games are made purely for engaging gameplay that keeps players glued to the couch. In addition to the aforementioned, they do not offer players any other ways to make money. The games are considered to be solely for fun and amusement.
With streams of earning opportunities, play-to-earn gaming platforms like warriorgame are changing the narrative. While performing various tasks, players can gather in-game resources. The gameplay affects the tasks that must be completed. If the game is combative, winning a battle might get the player money rewards. Before entering the gaming environment, some games require players to have an avatar. In the Play-to-Earn game, players can earn NFTs and cryptocurrencies by completing various tasks. Skins, avatars, and other NFTs that you collect while playing the game can all be exchanged for cryptocurrencies or even fiat money. Due to the high demand for these collectibles, which draws investors interested in collecting them, they have developed into financial assets.
Which of these Games will Stand the Test of Time?
Play-to-earn (P2E) games have drawn criticism, but blockchain innovations seem to be here to stay and represent the gaming industry’s future.
The idea behind play-to-earn (P2E) games is that players are given the option to engage in combat, engage in inter-player competition, or complete in-game tasks. As they advance and succeed, they earn points or rewards that can be converted into cryptocurrency or fiat money. Users can contribute to the game they are currently playing. On the other hand, the static model in traditional gaming makes players never get their money’s worth in terms of time and in-game purchases.
Additionally, communities have expressed dissatisfaction with traditional game pricing as more creators, publishers, and developers looked for ways to profit by adding premium editions and upgrades. Blockchain gaming offers a remedy for this. In-game tokens or NFTs are provided as a representation of value, allowing players to monetize their in-game advancement.
Not all currently played traditional games will likely want to use blockchain technology or advance its adoption. However, if new game projects are to succeed and scale new heights, they will probably have no other option.
The WarriorGame aims to achieve a breakthrough from Gamefi1.0 to GameFi2.0 to solve the performance.
