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Source: https://blog.mobiloitte.com/the-rise-of-play-to-earn-games/

Category: Technology

Did you know that by 2021, the gaming industry will account for approximately 49 per cent of all blockchain usage? There are around 1.4 million Unique Active Wallets that are connected to blockchain games daily, according to the data provided by the Blockchain Gaming Alliance. Play-to-Earn (P2E) Games are a new and fresh phenomenon in the gaming industry, but they will not stop developing since they combine the two things people want in their lives: fun and money. The gaming industry as a whole is expected to continue its rapid expansion. The majority of today’s play-to-earn games award the player with their in-game token, the value of which is determined by the amount of liquidity, or real-world currency, contained in the token. Because of this, many people initially utilize non-fungible tokens (NFTs) to bolster their tokens. They devote a portion of their income to propping it up until users start pouring their money into it, which is why many people use NFTs.

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