Over the last few years, new gaming styles based on decentralized technology have emerged, offering digital rewards with real-world value. “Play-to-Earn” (P2E) games using blockchain are beginning to attract attention, but there are pitfalls.
Much of what is currently offered has an unsustainable economy and a non-stimulating gameplay experience. This laid the wall to eliminate many traditional gamers who aren’t interested in earning more than gameplay.
However, it does not have to be this way. Introducing a new gaming platform that takes the new steps needed to balance the economy while providing complex and exciting entertainment.
Split
With the rise of P2E games, the gaming community has been divided into two camps. On the one hand, there are more traditional gamers who seek a rich, immersive and innovative experience.
On the other hand, some people are willing to play with the chance to earn real income. The former usually come from the wealthier parts of the world, and the average gamer sees that effort as pure entertainment.
The latter tend to come from poorer areas, often above the local average of work, and certainly tend to see opportunities and opportunities to earn a simple income.
Those who are interested in revenue don’t seem to care if the gameplay experience isn’t fun, but those who play for entertainment can find the integration of financial elements into the game annoying and boring. Often.
Look at the intense ones Pushback This happened around microtransactions, loot boxes, and so on.Needless to say, on average, gamers are completely oppose Also for NFT.
This prevented virtually all P2E and blockchain games from invading mainstream viewers. By limiting appeal, these platforms are limited to economically motivated users only.
This raises another issue. By definition, these users act as value extractors for the entire ecosystem. Instead of reinvesting their revenue, they consistently move off the platform.
It is their right to do so, and an open ecosystem should make this possible, but it still means that the entire system is unsustainable in the long run. A prosperous economy cannot consist solely of those who seek to move value from it.
How to build a bridge
To bridge the world of these separate games and bring new users and liquidity to these games, developers need to rethink both the economy and gameplay.
First, users need some kind of incentive within their experience to recirculate at least a portion of their revenue to the game. This may look different, but in order to promote a thriving economy, we need to implement a system that provides complex rewards for long-term involvement.
Next is the actual end-user experience. Perhaps economically motivated players don’t mind games that are really fun to play, and it may encourage more of that idea to be involved.
But more importantly, as developers create titles that compete with their non-blockchain predecessors, both casual and hardcore gamers will begin to enter the P2E space. This provides support that acts as a stabilizing factor for the in-game market, rather than simply jumping when the profitability of in-game revenue declines.
The point is that gamers demand thoughtful products that entertain and challenge. For most of them, being able to make a little money is not the motivation for getting a title.
If they participate in gameplay, they may be pleasantly surprised to find that they can make a little money along the way. In this way, almost all types of users can find value in titles that combine smart economics with a truly engaging experience.
Guest post by Michael Rubinelli of WAX Studios
Michael Rubinelli, Chief Gaming Officer at WAX Studios, is a technology and gaming leader with over 15 years of progressive experience in executive leadership, product development and ongoing revenue growth, including top companies (Disney, THQ, Electronic). ) Is famous for its success. art). Michael is currently focusing on Play-to-Earn games and spends most of his time expanding the gaming division of WAX Blockchain.
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