Play-to-earn games allow you to turn your gaming experience into a revenue-generating stream. They not only provide people with engaging gameplay but also encourage them to earn some money. How? By purchasing/reselling in-game digital assets – NFTs.
Axie Infinity is the best example. Here are some others:
- Aliens World
- The Sandbox
Pay-to-earn games, as compared to Play-to earn, require the players to invest some money before starting to enjoy the game and earning crypto. By investing money, we mean purchasing some game assets first. NFTs also apply in this case.
Examples of Pay-to-earn games:
GameFi is just a general term combining Play-to-earn and Pay-to-earn games. It defines the games that are built on top of blockchain technology and implies buying and selling in-game assets.
In-Game asset ownership
The in-game assets may refer to any game content, whether it’s just a character, the entire game, or even an online account. Reselling these assets means you transfer the rights for ownership to the buyer of the asset.