What is Play to Earn? Find out about the Play to Earn 2021 trend

In recent years, as the world of cryptocurrencies has gained more and more attention, projects related to this topic have suddenly become popular. One of them can be mentioned is the game Play to Earn. So what is Play to Earn? Why is this type of game becoming a trend in the market today?

What is Play to Earn?
Play to Earn (play to earn money) are electronic games where participants will earn profits from the game, possibly through trading, trading, buying and selling, etc. Play to Earn has actually been around since very soon, classic names like Vo Lam Truyen Ky, Raid, League of Legends, Fifa, etc.

Players can earn money by selling rare items, equipment, weapons, etc. in the game or selling their accounts to other gamers. If players are at the challenge level, they can participate in professional tournaments to receive prizes and titles.

There's no denying that people have had negative thoughts when it comes to video games. However, Play to Earn has made people look more and more sympathetic by the development orientation of turning online games into professional e-sports. Proof of this is that the online game prodigies have shined in the international tournament and attracted a lot of attention from the gaming community.

What "revived" Play to Earn games?
Despite appearing very early, why have Play to Earn games come to life in recent times, especially in the era of crypto-currencies?

This boom can be explained by two key factors: NFT leverage , true ownership.

NFT Leverage
NFT (Non-Fungible Token) is a token that cannot be replaced by other tokens. In a word, this is considered a unique token, representing different valuable items, equipment, and assets. Usually, game developers will try to tokenize their products because the potential of NFT is now immense.

Traditionally, most NFTs are visual publications such as pictures, music, etc. The two things that make up the value of a token are: story-association and story-association. collectability-resale value. Today, the token has been added by gaming to a new value that is usability - engagement. This has pushed the potential market to expand and move into the mainstream.

True ownership
The current state of video games in the past and present always depends on the hands of the manufacturer. The player may have once owned an item, the most valuable equipment on the server (server). But because of the pursuit of profit, the publisher for similar items appeared, reducing the value and rarity of the first player to own.

Moreover, there have been many games that lost or could not be maintained, leading to closure, bankruptcy, such as Boom, Audition, etc. This will make a lot of effort, money, time as well as time. The sentiment of investing in the game becomes "turned down". Understanding the hearts of gamers, NFT is able to apply its characteristics to solve the above situation.

Righteous Ownership
Players own items, equipment, etc. in the form of NFT (token) and are monitored and certified by Blockchain . From there, the publisher will not have the right to interfere with the player's assets. Not only that, when tokenizing items, players can trade freely around the world without any limitations like previous games.

Property inheritance
NFT token is unique, one of a kind. Not only that, both the number of issues as well as the characteristics of NFT are fixed and "immutable". Therefore, players will not have to worry about the problem of "touching" in the game. Not only that, with the support from other game ecosystems and Dapps, the applicability of NFT games is increasing day by day.

From these things, Play to Earn has regained its old position and players can also fulfill their dream of becoming a professional and methodical gamer. Above all, gaming is no longer just an elegant pleasure, entertainment, and entertainment, but it is also a career and a job that can support oneself.

Challenges for the Play to Earn game model
Game conditions
The condition here is understood as the player's financial ability. You will be able to sign up to play for free, but to really Play to Earn you need to understand the “unwritten rule” that you have to invest money in the game. No one will force you to do so, but to increase the strength of characters, equipment, generals, etc. as well as increase competitiveness, this is very difficult to avoid.

For example, the game Axie, the requirement for the player is to have 3 pets. This number is equivalent to more than $ 700, but 3 pets are received only at the elementary level. And a few other games too. The amount of input is quite high compared to amateur players, or compared to those of you who do not have a stable income.

To improve this problem, Play to Earn models should inherit and promote from traditional games. That is, suitable for the majority of players. The publisher will attract a lot of interest if it is a free game or a low fee. At the same time, the value of money in the game should not be highly volatile.

Gaming infrastructure
Play to Earn games need to find platforms that can handle massive transaction volumes, smooth speeds, and competitive costs. Currently, the Ethereum blockchain, although still quite comprehensive, has not yet met these requirements. No player will feel comfortable and excited just to wait for a transaction up to a few minutes.

Attractive, vivid graphics
There is no need to argue when it comes to the role of graphics in the online gaming world. This is considered a relatively big difference between on-chain games and traditional games. There are many games that have been released but have not been carefully invested and refined in terms of images. If Play to Earn games can perfect this factor, it will certainly be a huge advantage.

Above are the shares about the Play to Earn game model as well as related aspects. Hope you will find this article useful and please continue to support Tino Group by clicking like and rating 5 stars at the end of each post. That will be a great motivation for the staff to share more useful knowledge with readers. Good luck!

WARNING: This is an information sharing article, not a call to invest, you must be responsible for your own decisions. Investing in financial products always involves a lot of risks, so you need to consider carefully before making a final decision. Wish you wise and sober to make the right investment decisions!

Frequently asked questions
What Play to Earn games are on the market today?
You can learn one of the popular Play to Earn games today as follows:

Axie Infinity
My DeFi Pet
CryptoBlades
Sandbox
My Neighbor Alice
Faraland
Alien Worlds
Gods Unchained
F1 Delta Time
Splinterlands
How is the storage capacity of Play to Earn games today?
The data resources in the game are only partially stored on-chain. the rest will mainly be saved at the server (server).

How to predict the future of the game Play to Earn?
With the current development, the Play to Earn model promises to make outstanding strides in the coming time to optimize the user experience. Especially in the digital era, virtual property values ​​are getting more and more attention.

Is Play to Earn really just stopping a trend?
By creating the applicability of the game, in other words, the role and use of the game in real life, Play to Earn may not just stop as a temporary trend like trend food or animal food.