You've probably already heard of Web 3 Play to Earn (P2E) games. But what does that mean in practice? How do these P2E games work? This is what we will see in detail in this article and file dedicated to Play to Earn (P2E) games.
Classic games in Web 2
For decades, the video games market has been growing and has become an important leisure activity for many people across the planet to the point that it is estimated at $200 billion in turnover for the year 2024 according to VentureBeat .
The world of video games has always operated on the principle that a player buys a game to be entertained. The player thus pays for the development of the game in question, and to then be able to enjoy it by playing with it.
In order to multiply sources of income, video game publishers subsequently integrated micro-transactions into their games which allow players to purchase characters, skins, equipment, and various accessories.
Finally, in recent years, subscription plans have emerged such as the Fortnite Battle Pass to develop another source of income for game developers.
Still, traditional Web 2.0 games offer one thing in common: players spend money to play a game.
The promise of Web 3 P2E games: Play & Earn money!
With the appearance of Web 3.0 , and in particular blockchain technology , a new gaming economic model has emerged with Play to Earn (P2E) blockchain . The ambition of these Web3 P2E games is simple: to reward the best players by redistributing real money and monetizable rewards!
How does the economic ecosystem of P2E games work?
Web 3.0 Play to Earn games all use blockchain technology blockchain NFTs ( non-fungible tokens) in their gameplay. Thus, players can purchase various digital objects in the form of NFTs such as:
- characters/avatars,
- skins, accessories, equipment,
- maps etc.
The purchase of these NFTs therefore constitute the main source of income for P2E game publishers. But developers can also make money on:
- purchase/sale transaction fees between players,
- fees for participation in tournaments and competitions,
- advertising revenue or sponsorship revenue etc.
And the objective of P2E games is therefore to redistribute part of its income to its best players as traditional money games do: casino, poker, sports betting, etc.
Play to Earn games, a mix between gaming and gambling!
As we have just seen, Web3 P2E games are at the crossroads between the world of Gaming and that of Gambling. To summarize, the Play to Earn games are:
- gaming because they offer real gameplay and video games for players,
- of gambling because they promise a redistribution of income to the best players.
Thus, P2E games are aimed at video game enthusiasts as well as gambling enthusiasts!
What are the types of P2E games?
There are hundreds of Play to Earn game projects in Web 3. And they cover all aspects of traditional gaming:
- action, adventure, RPG/MMORPG games
- first-person shooter (FPS) games
- sports games (racing, football, fantasy etc.)
There is something for everyone! So every traditional gamer can find the P2E game they are looking for!
What are the best P2E games on Web 3?
As we just saw, there are hundreds of Play to Earn games in Web3. The best P2E game for you will therefore depend above all on your gameplay preferences and expectations from a P2E game. This is why the portal www.play3r.site offers you a directory by category of P2E games as well as a TOP-10 ranking of the best Play to Earn games established according to player ratings and reviews.
