Blockchain-based play-to-earn (P2E) gaming has exploded in 2021, and as the crypto ecosystem grows in 2022, the P2E gaming sector and those investing in it must consider moves. During a bull market, speculation and euphoria that can lead to unrealistic valuations and expectations also seem to have impacted the P2E sector.
Now that the hype is over, investors and developers need to identify new value propositions that will fuel steady growth and investment in the blockchain gaming sector.
Here’s an in-depth look at some of the trends that could be emerging in the P2E ecosystem in 2022.
The first trend to watch out for in 2022 is projects looking to leverage interest in NFTs to create profit-sharing schemes and capitalize on price increases.
These projects aim to create opportunities for players and investors by providing a platform for investors not interested in gambling to invest and providing NFT for players who cannot afford it.
From there, players receive rewards for their play, while investors get a share of the winnings.
A good example is Yield Guild Games (YGG), a P2E gaming guild and decentralized autonomous organization (DAO) focused on creating a community that allows gamers to monetize through blockchain-based economies.
The DAO generates revenue by selling NFT assets or renting them out to players under a profit-sharing model known as a stipend.
“There are now more players wanting P2E grants than there are game resources to meet the need. Together with our newest Sponsor-A-Scholar partner Coinbase, YGG will be able to attract more new players around the world.”
Some of the current games and investments YGG is involved in are Axie Infinity, Illuvium, Guild of Guardians, Star Atlas, Splinterlands and The Sandbox.
The most recent investment for the YGG community was $50,000 in the Heroes of Mavia seed round and $330,000 in the purchase of in-game NFT land.
Another trend emerging in the gaming and NFT sectors is communities focused on educating other members on how to make money from gaming.
Blockchain games can be challenging for newbies, and some games require an upfront cost that baffles some players.
To simplify the process, a number of protocols for investing in providing training to players have been developed. Merit Circle is a project of the DAO focused on growing its P2E economy by helping gamers turn their hobby into a steady source of income.
“Merit Circle DAO maximizes and accumulates value for all participants.
The main activities can be divided into
At the time of writing, the Merit Circle community counts 2,750 active players from regions around the world – including Asia, Africa, Europe and South America – who are earning daily rewards by playing any of the supported games.
Similar to YGG, Merit Circle also invests in community-held assets that allow players to earn rewards, with 30% of total proceeds reinvested in the DAO or distributed to holders.
The project uses educational content and live coaching sessions to improve the performance of scientists on the platform. These players have earned over $2 million through the game to date.
A third trend emerging in 2022 is the development of projects and investment funds aiming to combine aspects of DeFi, NFT and P2E gaming.
While the gaming sector only appeals to a small group, NFT could potentially be applied to everything from art to real estate by providing immutable proof of ownership.
As blockchain technology continues its journey toward mass adoption, an increasing number of real-world items will be digitally recorded in distributed ledgers, ultimately providing stakeholders with an easier investment path than before.
It also allows for the ability to own a small portion of high-priced items such as hotels or the copyright of a popular movie or music album.
BlackPool is one such project, currently being led by a team of portfolio managers, traders and analysts with the long-term goal of becoming “a leading provider of derivatives products and actively managed strategies”.
Ultimately, BlackPool wants to provide democratized access to scarce NFT assets “that users might not otherwise be able to buy themselves.”
With the development of the DAO structure, BlackPool is now in the process of decentralizing its current operations to allow all NFT assets held by the fund to be managed by the community of token holders.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Over the years, meme coins have evolved from inside jokes into serious investment opportunities.
Discover BlockDAG's five-tier bonus program's closing phases that enhance buyer holdings. Gain insights on the…
Discover why Qubetics, Solana, and Cardano are redefining the crypto landscape. Learn about milestones, price…
Discover why Qubetics, NEAR Protocol, and Immutable X are the best altcoins to join today,…
BTFD Coin is offering a chance to relive the glory days of meme coin investing,…
Explore key takeaways from BlockDAG’s AMA, showcasing strides in scalability, growth of the ecosystem, and…
This website uses cookies.