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P2E game is NFT and Crypto growth

Last updated:  p2e game is nft and crypto growth
Games in which you can earn money have already conquered the world. And it's easy to understand why. Thanks to the financial gaming model P2E (play-to-earn), focused on an adult audience, users get a unique opportunity to earn money by playing games.

People used to pay to play games. Then the games became shareware, with built-in in-game transactions. Users could buy something useful for passing or just cosmetic items.

Now the developers are focused on giving users the opportunity to get not only pleasure from the game, but also profit.

How does it work


nft

However, it is worth noting that earning games are technically not free. To access a game or something like that, you need to fork out and pay quite real money. However, here, as in business: in order to make a profit, you need to invest.

However, over time, the user will not only recoup the invested funds, but also begin to receive some income. Some games are united by one platform, others exist exclusively as separate projects. Somewhere the income is measured in cryptocurrency, and somewhere the user receives NFT items.

But please note that you do not need to sell your digital game assets through the platform itself or within the game. Any in-game assets you own or mint are yours and can therefore be traded on platforms outside of the in-game universe. You can also sell your NFTs to get your money back if you stop playing the game.

The attractiveness of the P2E model


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The opportunity to earn real money by playing a game with blockchain technology and NFT attracts people to the market for the simple reason that, in essence, earning is entertainment.

These NFTs can be obtained, bought, earned or given as a gift. In some way, players can level up their NFTs and resell them on the market.

The fact that it is now possible to not only obtain and own a digital asset and then sell it without restrictions outside of the platform on which it was originally created is a game changer.

And in your game, can you sell an item from the game or skins on third-party sites? Not currently, but they could if they were NFT items. This demonstrates the potential of blockchain technology in general.

And this is what distinguishes P2E games from the rest of the world, in which all the economic mass created, whether it be money or a product, belongs to private companies that do not share the spoils with the people who made it possible.

What is the future?


nft future

Many people around the world are currently earning extra income by playing P2E games and the potential is limitless. Regular gamers on average earn a few hundred dollars a month just for playing a couple of hours a day. If you already have a 9 to 5 job, this is a great way to add some income and have some fun.

However, this process has given people in developing countries the opportunity to earn decent wages by playing games in the metaverse. In countries such as Venezuela and the Philippines, many people are involved in blockchain play-to-earn games and this is their main job.

As the metaverse continues to evolve, it will become more and more valuable, and it will become entirely possible to make a living playing a professional game.

Currently, only top level players are making good money playing popular competitive games like CS:GO, Dota 2, LoL and others.

Games that run on the blockchain, on the other hand, are tied to their own cryptocurrency and the blockchain itself, which gives them infinite value and potential.

This is just the beginning


future

Some experts say we are probably only at the beginning of this journey. The development of the whole industry takes place in real time. As more and more people get involved in games to earn money, the number of projects also grows. As a result, this has led to increased interest in cryptocurrencies and NFTs.

Ultimately, P2E games are more than a new take on traditional games; it's a way to make money doing what you love. In the near future, there will be more games on the market, as well as more sophisticated products that will only attract more investment.

For crypto exchanges and NFT platforms, this means rapid expansion and development.
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