Play2Earn games in another few years

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We are able to see many Play2Earn games emerging these days. Many games start with their token sales and get their funding ready to actually work on a game. That's always been the strategy. There are only a few games that are already production ready and make people earn money by playing. Splinterlands is one best example of such a game. The early investors have already got their investment back in Splinterlands. The new investors might soon get their investment back too. The economy is stable and growing.

In another few years down the line, there is a high possibility for many games to emerge. There are also games already in the making. Games try to take advantage of the NFT features blockchain has and also the ability to create and distribute tokens. With the game, developers are also able to reward the players and the players get a source of income along with the fun they get by playing the game.

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The gaming industry is still not into Blockchain yet. Many companies have started exploring this technology already. I know a few people who are game developers and would like to explore blockchain for their next game. I also had a chance to talk to some of them and give them ideas as to how they can get started. I guess I should start charging people for giving such ideas. xD

When people think about building games on top of a blockchain, they usually misunderstand that all their game data will stay inside the blockchain and the continuous real-time interaction between the player and the game engine will also happen with the help of the blockchain. This is not what they should be doing. The game should be developed like a normal game with proper backend technology. Only the part where tokenization and asset management should be done with the help of NFTs. Other game-related data should be on a backend database. But they can also work on keeping the backend as a public node with witness validations where it can be made decentralized and anybody who is hosting the node will be able to participate in consensus and they can also get incentives for the same. This way there will not be an infrastructure cost for the developers.

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That being said, it is not easy to implement. I guess Splinterlands is going to be exploring that idea soon but not all the games would be able to adapt to that mechanism yet. People are just starting to understand how blockchain works and how cryptocurrencies and NFTs can be a boon for the gaming industry. I believe in another few years down the line this should be achievable and when metaverse games develop, this concept should mature a lot who knows maybe in the future all the games will become only blockchain games and it can be rare to see a game that is not associated with blockchains and cryptocurrencies.


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(Edited)

Other game-related data should be on a backend database

True, but game devs should try to decentralize as much as possible where performance is not impacted. This helps on the regulatory side as well.

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We are already live on the Wax blockchain and our first Hive NFT is already live in our 3D Shooter game!

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Allright! I need to check that out! Tnx

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Now there are lot of play2earn games we will see in near future that some popular games will also start to shift

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Let's switch the mentality from play2earn to play&earn. That will be the future of blockchain gaming, we will have a ton of AAA games coming over the next few years. Most people will enjoy playing this game, not for financial gain but because they genuinely enjoy the games, having ownership and the option to sell those hard to grind items or in-game currency will be an added bonus. Also the opportunity to pay to have better items if you want to be competitive but don't have the time to farm the necessary items.

This is what I imagine when I think about the future of crypto gaming. I'm very bullish on it! As a gamer (who spends money to play), I see a MASSIVE POTENTIAL here!

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What you say is so true. Developers need to move towards a play&earn mentality. Create a great game that everyone wants to play, regardless of the earning potential.

Can you imagine a massive MMORPG like WoW whereby there is already lots of farming involved, being created whereby everything is for sale and can be convert into crypto.

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Gaming is one of the easiest on boarding methods and also the value in them can be massive. Entertainment is one of the highest paying commodities in the world right now.

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Sometimes I argue with myself if truly there are okay to earn games but then I see that there is but they are just scarce..

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Seems like that the future, instant earning through gaming.

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I don't really know if it will be possible in a few years. I feel that it will take longer because there are a ton of big youtube gaming channels that I follow. They aren't optimistic about mixing in money as an aspect of gaming.

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It is not like money is never being mixed. There are already games that pay people. For example Dota 2 tournaments are very popular and people have that as their source of income. So money factor has always been there inside games.

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Play2earn is the future at least for those who are trying to convert the zoomers and the millenial moms. We've been thinking of way to gamifying the Leo Finance engagement, and I think we're on the right track, hopefully we can announce something soon!


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Create content for Community pages, get more engagement and help Leo Finance grow!

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