What Is The
Hypothesis Behind Play-To-Earn (P2E)?
The play-to-earn model is already an
existing gaming model in regular games like casinos, card trading,
etc. However, the NFT-backed P2E model is what has become a matter
of moment for online gaming freaks as gaming assets inside the
game are NFTs, and when owned, they can be monetized. NFTs hold a
certain level of rarity, and the hype for grabbing them will be
common among players.
P2E NFT Games like Axie Infinity, Decentraland, etc., feature
gameplays that will let players invest in in-game assets and then
sell them further. Initially, players will have to buy the
avatars, which are themselves NFTs, and other gaming assets to
start the gameplay. As players keep progressing to further levels,
they can trade their in-game assets. Additionally, upon successful
completion of levels or probably objectives, they will get
rewarded with certain in-game assets or NFTs.