Play-to-Earn Games and NFTs: How Blockchain is Changing the Video Game Industry
Blockchain – Innovative Technology Finds Application in P2E Games
The blockchain technology, mainly known as the foundation of cryptocurrencies, is currently becoming a major driver of innovation in various industries. It is not only revolutionizing the world of finance, healthcare, or supply chain management, but it also plays a crucial role in the gaming industry, especially thanks to the play-to-earn (P2E) model.
The Rise of P2E Games Popularity
In January 2024, the number of daily active unique wallets (UAW) participating in P2E games reached an impressive 1.5 billion. In 2022, this market reached a value of 32.9 billion dollars, with forecasts predicting further growth to 88.6 billion dollars by 2028.
NFT – Revolution in the World of Computer Games
NFT (Non-fungible token) is another innovation that transforms the concept of ownership in computer games. It allows players to manage, sell, and trade unique assets in the virtual world, opening up entirely new possibilities.
Development of NFT-powered P2E Games
Key games based on NFT technology and powered by the P2E model, like Sidus Heroes, are building an economy based on player engagement and blockchain. Companies like QORPO are using blockchain technology to democratize the e-sports industry, enabling talented players to compete at the highest level.
The Future of P2E Games
Projects based on the P2E model aim to combine traditional aspects of computer games with blockchain technology, creating a friendly environment for both experienced players and newcomers. P2E games represent the future of the gaming industry, focusing on blockchain utilization, player community integration, and providing a fair and satisfying gameplay environment.
All of this positions blockchain technology as a key player in the transformation of the computer gaming industry, opening up new possibilities for developers and gaming enthusiasts worldwide.
