How P2E gaming is becoming a game platform

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How P2E gaming is becoming a game platform

The last couple of years has seen the rise of a new game style based on decentralized technology and offering digital rewards with real-world value. Play-to- Earn P 2 E gaming has started to draw some attention, but there is a catch.

Too many of the current offerings have uninspired gameplay experiences and unsustainable economies. This has put up a wall that excludes many traditional gamers who aren't interested in earning more than gameplay.

It doesn't have to stay that way. New gaming platforms emerge that take necessary new steps to balance their economies while also delivering exciting and complex entertainment.

The rise of P 2 E gaming has split the gaming community into two camps. On the other hand, you have more traditional gamers who want rich, immersive, and innovative experiences.

On the other hand, you have those motivated to play by the chance to earn real income. The former comes from more affluent parts of the world, where the average gamer sees the endeavor as pure entertainment.

The latter tends to come from less fortunate areas and see an opportunity and income that often surpasses the local average for jobs and is certainly easier to earn.

While those interested in earnings don't seem to mind if a gameplay experience isn't enjoyable, those who play for entertainment often see the integration of monetary elements into their games as intrusive and abrasive.

It's interesting to look at the intense pushback that has occurred around things like loot boxes and microtransactions. On average, gamers seem to be opposed to NFTs as well.

This has resulted in a divide that has held almost all P 2 E andBlockchain games from breaching mainstream audiences. These platforms restrict themselves to only financially motivated users by limiting appeal.

This creates another problem. These users, by definition, act as value extractors of the overall ecosystem. They move their earnings off-platform instead of investing them.

The open ecosystem should allow for this, and it is their right to do so, but it still means that the overall system is unsustainable long term. A thriving economy can't consist solely of those who want to move value out of it.

To bridge these separate game worlds and bring new users and liquidity to these games, developers need to reimagine both their economics and gameplay.

There need to be some types of incentives within the experience for users to recirculate some of their earnings back into the game. A system that offers compounded rewards for long-term engagement needs to be implemented in order to promote a thriving economy.

There is the end-user experience. Financial motivated players wouldn't mind games that are fun to play, and it may even encourage more of that mindset to get involved.

Both casual and hardcore gamers will start to come into the P 2 E space if developers create titles that compete with their non-blockchain predecessors. This will bring in support that won't jump ship if the in-game earnings become less profitable and therefore should act as a stabilization element on the in-game market.

The point is that gamers demand thoughtful products that entertain and challenge. For most of them, having a bit of money isn't a motivation to pick up a title.

If they show up for the game, they may be surprised to find out they can earn some money along the way. In this way, almost all types of users can find value in a title that blends smart economics with a genuinely engaging experience.