Blockchain play-and-earn games focus on building even as NFT prices fall
Monthly volumes show NFT values decreasing, but blockchain gaming projects are ignoring the downturn by refining their play-and-earn mechanics. Nonfungible tokens (NFTs) were in a strong bull run from Jan. 1 to mid-February. During this time, OpenSea volumes topped $5 billion and then fell to $3.6 billion toward the end of February. This could have been a sign that the overall sentiment of the crypto and NFT market was correcting. As Q2 approaches, the total volumes and sales for NFTs have been in decline, leading new entrants and investors to wonder whether the sector is dying. According....
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PRESS RELEASE. Playing games has taken another dimension entirely through a new play-to-earn model that makes earning generating crypto revenue easier than ever. Revolve Games is revolutionizing the way DeFi staking is integrated with blockchain gaming by debuting a Metaverse where players can earn rewards according to performance.
Current games fall short in unlocking the true value of play-to-earn NFT games. But a token-staking play-to-earn model is what the NFT scene needs so players can fully dive in the immersive gameplay of the metaverse and capitalize on their skills and....
Anyone fairly acquainted with the blockchain and gaming industry must have heard of Play-to-Earn games and the sway these hold amongst the community. Trends from the last few years indicate exponential growth both in terms of user base and revenue. And given the present market dynamics and the craze around NFTs, the Play-to-Earn space seems […]
There is a change happening in blockchain gaming. After its astronomical rise over the course of the past year, many successful games are trying to address concerns about sustainability by focusing more on gameplay, graphics, and storytelling in order to retain players. This shift from Play-to-Earn to Play-and-Earn shows the maturing of blockchain gaming after […]
Play-to-Earn games have gained tremendous popularity in recent years. The gaming community got hooked to it primarily due to the thrill associated with the games and the lucrative awards. If you look at the recent figures, some of the popular titles have more than 1 million active users. Every game, genre, niche, and the whole Play-to-Earn gaming space has a community around it, with members actively interacting and, in some cases, promoting the game on various social media platforms. Word-of-mouth promotion seemed to have worked well for these. What are Play-to-Earn games in the true....
Play-to-earn games are simply games that offer rewards to players, but Xbox executives are now intrigued by the metaverse. They are entirely dissimilar to the traditional video games most people are familiar with. Every play-to-earn game provides a unique reward to players for the time spent during in-game activity. But traditional gamers don’t earn real-world […]