The online gaming industry has been booming in recent years, and with good reason. From the global pandemic that triggered the electronic revolution to the ever-increasing proliferation of mobile devices and the Internet, more people are spending more time online.
Not surprisingly, the industry is so lucrative, with revenues of over $ 20 billion by 2020 alone. According to experts, there are currently around 1 billion active online players worldwide, so by 2025 the number will grow to 1.3 billion.
The numbers speak for themselves. Players are so passionate about their favorite games that some spend hundreds of dollars just to upgrade their avatar or access a coveted item in the game that gives them an advantage.
Blockchain-based Play for Earn (P2E) games are designed to literally change the rules of the game by offering equal terms for all players, giving players ownership as well as a source of income, and making the time they play rewarding. …
Here are some of the most lucrative games that have taken the gaming industry by storm.
Axie Infinity leads the game in winning games thanks to its growing popularity, with 1 million players joining every day. Axie Infinity’s astronomical success is mainly due to the fact that players can make real money while playing.
Axie Infinity is an Ethereum based game with PvE as well as PvP. In PvE mode, the player competes against an artificial environment or monsters in the game. PvP mode is a mode where the player can compete against other players in a meta-worst case scenario.
Players must purchase a monster-shaped “ax” designed to fight hordes of other small round monsters.
The game can be played on both desktop and mobile devices, and the game model to achieve this is that each monster and all other equipment used in the game is in the form of a non-fungible token (NFT).
The fighters return home with battle trophies in the form of cryptocurrencies called Smooth Love Potions (SLP). The goal of the players is to create a set of the most valuable and powerful nodes, the value of which is determined by the price of Ether (ETH).
Players can earn money in the form of SLP tokens, which can be exchanged for fiat currency or sold to Axies as soon as these axes increase in value due to won matches.
In November 2020, Axie sold for 300 ETH worth over $ 1.2 million, which especially attracted players in Vietnam and the Philippines who embraced the game as a means of generating revenue in the face of the global pandemic.
The gods unleashed
Gods Unchained is a free card game where players can buy and sell cards of different rarities and values to defeat their enemies in the game.
A closely related version of Blizzard’s hugely popular Hearthstone: Heroes of Warcraft, Gods Unchained introduces a cryptographic feature to the game that gives Blizzard players a familiar introduction to crypto and blockchain technology.
Good Unchained in itself is certainly not blockchain based, but the cards are built on the Ethereum blockchain, which provides real ownership where players can trade their cards in secondary markets.
The turn-based card game has become so popular in 2019 that the player base has almost tripled in the wake of the infamous sequel to Blizzard in Hong Kong. At most, the playing card sold for 137.8 Ether, which is currently worth over half a million US dollars.
So far, Gods Unchained continues to grow with the recent launch of an add-on called Trial of the Gods.
Factory against the undead
Plant vs Undead is a free tower defense game set in a post-apocalyptic world full of zombies. Players must strategically place plants to prepare for an attack from an invading zombie colony. The commercial model Plant vs Undead aims to take advantage of this aspect, which has a significant replication value.
Just like the growing popularity of Axie Infinity in the Philippines and Vietnam, Plant vs Undead is emerging in Brazil and elsewhere where P2E gaming can make a huge difference to people’s revenue.
Players can get seeds to start playing, which can be purchased from the platform market for PVU tokens (the original game token).
Another aspect that draws attention to the PvP game is that players can earn and collect NFTs. The NFTs have already revolutionized the video game industry by giving players full control over assets in the game. With Plant vs Undead, all assets in the game can be traded or traded on the local platform market.