3 emerging P2E gaming trends to watch in 2022

Blockchain-based play-to-earn (P2E) gaming has had a breakthrough year in 2021, and as the cryptocurrency ecosystem evolves in 2022, the P2E gaming industry and those investing in it will need to reflect. to the next steps. During bull markets, vaporware, speculation and euphoria can lead to unrealistic valuations and expectations, and this seems to have had an impact on the P2E sector as well.

Now that the hype is “over,” investors and developers will need to identify new value propositions that catalyze growth and steady investment in the blockchain gaming industry.

Here’s a look at some of the trends that could emerge in the P2E ecosystem in 2022.

Benefit Sharing Communities

The first trend to watch in 2022 are projects that seek to exploit interest in non-fungible tokens to create profit-sharing models and capitalize on NFT price appreciation.

These projects aim to provide opportunities for gamers and investors by providing a platform where investors who are not interested in games can invest and provide NFTs to gamers who otherwise could not afford them.

From there, players earn rewards for their play, while investors earn a share of the profits.

An example of this type of protocol is Yield Guild Games (YGG), a P2E gaming guild and decentralized autonomous organization focused on building a community that allows players to earn through blockchain-based economies.

The DAO generates revenue through the sale of NFT assets or by renting them out to players under a profit-sharing model known as an exchange.

Some of the current games and investments that YGG participates in include Axie Infinity, Illuvium, Guild of Guardians, Star Atlas, Splinterlands, and The Sandbox.

The most recent investment for the YGG community was a $50,000 investment in the Heroes of Mavia seed round and a $330,000 purchase of in-game NFT land assets.

Communities with educational support

Another trend emerging from the gaming and NFT industries are communities that focus on educating community members on how to make money through gameplay.

Blockchain-based games can be a challenge for newcomers to learn, and some games have upfront costs that prevent some players from being able to play.

To help simplify the process, a few protocols that invest in providing internships to players have sprung up. Merit Circle is a DAO project focused on growing its P2E economy by helping gamers turn their hobby into a steady stream of income.

At the time of writing, the Merit Circle community has 2,750 active players from regions around the world – including Asia, Africa, Europe and South America – who earn rewards daily by playing one of the supported games.

Similar to YGG, Merit Circle also invests in community-owned assets that can be used by players to earn rewards, with 30% of all profits being reinvested into the DAO or distributed to token holders.

The project uses educational content and one-on-one coaching sessions to help improve academic performance on the platform. These players have earned over $2 million from gambling to date.

Related: New Research Expects Dark Year for Bitcoin as DeFi and DAO Rise

DeFi combines with NFTs and P2E games

A third trend emerging in 2022 is the development of investment projects and funds that aim to combine aspects of decentralized finance (DeFi), NFTs and P2E gaming.

While the gaming industry only appeals to a niche audience, NFTs have a wide range of capabilities that can be applied to many fields from art to real estate by providing immutable proof of ownership. .

As blockchain technology continues its path to mass adoption, more and more real-world items will be digitally recorded on distributed ledgers, ultimately providing interested parties with an easier path to investing than exists. currently.

It also allows for the possibility of fractional ownership of certain high-priced items such as a hotel or the copyright to 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 financial derivatives across digital asset markets, including asset pricing indices, insurance mechanisms and actively managed strategies”. .”

Ultimately, the project seeks to provide democratized access to rare NFT assets “that users might not be able to purchase on their own.”

Through the development of its DAO structure, BlackPool is now in the process of decentralizing its current operation to allow all NFT assets held by the fund to be managed by its community of token holders.

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