Gaming is an ever changing sector in entertainment and as new innovations get introduced, the old ones are at the brink of annihilation.
This is true of traditional games, because they are already threatened by new gaming models such as Play-To-Earn.
A good example of a Play-To-Earn game that has gained popularity is Axie Infinity.
Traditional games require you to purchase some costly gaming consoles or PCs with no financial incentive or benefit, while Play-To-Earn games can be played for free or at a small cost.
Let’s examine some reasons why I’m bullish on Play-To-Earn games.
True Ownership
Play-To-Earn games offer true ownership of in-game items and ability to buy and sell them using a p2p model. This alone has influenced gamers to make a switch from traditional games to the new innovation known as blockchain games.
It also offers gamers the opportunity to realize some financial benefits as a stakeholder in the games they play.
Low Entry Cost
Playing traditional games will cost you thousands of dollars; but Play-To-Earn games offer you opportunity to get started for free or at little cost.
Financial Incentive
Play-To-Earn games offer opportunity to earn a side income with little or no effort.
This factor alone has changed the lives of millions of gamers from third world countries and has helped to onboard more people into crypto than any other thing.
Viral Tendency
Play-To-Earn games have the tendency to go viral because of its innovative nature and mass appeal.
Futuristic Innovation
Play-To-Earn games are futuristic in nature while traditional games are archaic. This makes them an appealing investment option.
Participatory Governance
Play-To-Earn games offer gamers opportunity to participate in the governance of the gaming projects through membership of decentralized autonomous organizations (DAOs).
This is something that is lacking in traditional games.
I think the future is decentralized and gaming is also moving into a future that is controlled by DAOs, dapps and individuals instead of corporations.
I’m happy to be a part of that future.