”What is Play to earn?” There is a very popular concept today: play to earn business model. “How can I make money by playing games? What is Play to earn? How to make money from games?” Questions like these are asked by many. There have been some changes in the economic infrastructure of the gaming industry over the years. Here we will talk about 3 different economic models: pay to win, free to play, play to earn.
Pay to Win
Pay to Win business model is frequently seen especially in mobile games and games such as character-development and card games. In this model, the player has to either buy the game to be able to play the game or buy the items sold in the game in order to get more victories.
Free to Play
Free to Play games are especially common in multiplayer games. You can download and play games such as Counter Strike: GO, Valorant, DOTA at no cost. So are these games completely free? You can download and play these games at no cost, but if you want to have some cosmetic items in the game, you will have to pay money.
”What is Play to earn?” Play to Earn is a business model that has emerged in recent years. The play to earn business model sees the player as a part of the economic system. Players earn money to the extent that they contribute to the game’s economic system. Play to earn games are played over various blockchain networks and players earn their earnings in cryptocurrencies. In Play to earn games, in-game items can be bought and sold for real money. Each of these items is produced as one nft. These player-owned nfts of commercial value are kept in a crypto wallet. For this reason, play to earn games are also known as nft games.
“Can I really make money playing games?” is the most wondered question in p2e business model. In order to earn money by trading in the real world, the conditions must be suitable as it must be in p2e games. The popularity of the game, the demand for the game and the investment made in the game are important factors to make money from a play-to-win game.
Axie Infinity is a play-to-earn game known by many. AXS and SLP coins are earned by playing Axie Infinity. In order to play Axie Infinity, we need to have a certain number of nft characters. These nft characters can be multiplied by spending AXS and SLP coins. Each nft character has their own special cards determined according to their body parts. In the game, we need to defeat the opponent’s nft characters by using these cards. In this way, we can collect various prizes by fighting against real opponents or artificial intelligence, and we can earn money by playing games.
The Sandbox; It is a play-to-earn game where players can design NFT and earn SAND coins by doing various tasks. The Sandbox game offers a wide metaverse experience, allowing players to interact with each other. It is possible to earn money by playing games for free, thanks to the events held from time to time in Sandbox, which has also made agreements with many famous names. But of course, land owners, which are the basic nft item of the Sandbox p2e game, earn higher incomes.
The play-to-earn business model maintains its popularity as one of the leading industries of our time. It can cause changes that can be a turning point for many people. However, it should not be forgotten that real money investments are made in the play to earn sector, and in some cases, the return on the investments cannot be obtained. Before investing, we should research carefully and invest at our own risk, not just the advice of others.