From Nasdaq:

Bitcoin is the original Play-to-Earn (P2E) blockchain game where players use computer power to solve puzzles and mine for coins. Smart contracts have added new features like NFTs and P2P battles, attracting funding, talent, and new users to the industry, creating engaging experiences and immersive gameplay.

The emergence of P2E games like Axie Infinity attracted millions of users enticed by the prospect of earning while playing. However, the first iteration of Axie’s P2E model had flaws, leading to economic instability. Traditional gamers were skeptical, but the gaming industry has evolved over the years to cater to new audiences and grow substantially.

Financially-motivated players in online multiplayer games, also known as extractors, have been villainized and banned for trading in-game assets for real money. Despite this, extractors have persisted in games like WoW, Runescape, and Second Life, living in fear of being banned repeatedly. Web3 developers have rebranded P2E to Play-AND-Earn, focusing on improving game features beyond financialization.

P2E gamers can play a strategic and valuable role within robust virtual economies by performing tasks that other players do not want to do. Integrating secondary markets in Web3 games can stabilize, survive, and thrive in-game economies and provide sustainability in the long run. Achieving a balance between spenders and earners will be crucial for the future success of P2E-driven tokenomics in gaming.



Read more at Nasdaq: Play-to-Earn Will Make the Pie Bigger