Can P2E games take over the gaming industry?

The gaming industry has undergone huge changes in the past years. This is partly because new technologies like blockchain are now being used to build and run games. Now, a new game genre is taking over the industry, play to earn games.

P2E games give players and developers a new way to connect with gaming platforms.

Did you know that you can own your first digital asset when you become a gaming scholar of Railings University – the first huge guild with more than 3000 gaming scholars managed by Play It Forward DAO.

What makes traditional video games different from P2E games?

The main difference between P2E games and other video games is that the former is decentralized. Thus, both the players and the developers have the same amount of control over the data in the game. Depending on which game you want to play, you may need crypto tokens or non-fungible tokens (NFTs) to get in.

Traditional video games, on the other hand, can be either downloaded for free or cost money to play. Some games are free-to-play, while others require you to buy the game or the consoles used to play them. 

Both P2E and traditional games give you the chance to buy in-game items. However, unlike P2E games, most of the time, the things you buy in traditional games don’t have any value outside the game. Read on to find out some more good things about playing P2E games:

The good things about P2E games

Games are starting to use crypto tokens and NFTs to deal with problems players face on the internet, like fraud and transaction issues. They also make it possible for players to own a part of the game, whether in the form of characters, skins, or other in-game assets.

P2E or blockchain games have more advantages and benefits than traditional video games. Because of this, a lot of people think that soon, it could replace traditional games. But how?

Find out which Play to earn game fits you best on this article called: Popular P2E games you can find in most crypto gaming guilds

How can P2E games take over the gaming industry?

Many people agree that blockchain technology and games benefit each other in the gaming industry. The crypto space could solve a lot of problems in the gaming industry that have been going on for a long time. In addition, it would be the best way to keep track of transactions in a lot of different games.

P2E games have a chance of slowly taking over the traditional gaming industry if security, gameplay, payment options, and adoption are improved. Continue reading for a more in-depth look at this subject:

Improved security

Due to the decentralized nature of the blockchain and its strong data encryption technologies, it will be tough for hackers to exploit the network. To put it another way, both game developers and gamers will be able to work in a much safer environment.

Asset ownership 

Using blockchain technology in the gaming industry makes it easier to enforce ownership of in-game assets. In P2E games, “smart contracts” take care of different parts of a transaction. In addition, smart contracts can be carried out without the help of a central authority. So, no one can change who owns those assets privately.

Payment methods

Cryptocurrencies are known for their high levels of security and privacy. A large number of large networks in the traditional gaming industry have already been hacked, which has led to customers’ credit card information being made public online and then sold on black markets.

In P2E games, payments are made with cryptocurrencies or crypto tokens instead of fiat currency, which makes the whole process of making transactions safer. Learn more about the 5 Top Crypto Tokens ideal for P2E gaming

Ready to start your crypto gaming journey?

Railings University crypto guild will help you start your rewarding career in crypto gaming, be one of the thousands of gaming scholars that the guild was able to help play and earn without investing any amount of dime.

Play and earn through P2E games of your choice, Play It Forward DAO – a massive play to earn ecosystem is in partnership with a lot of New and Upcoming P2E games of different genres.

You may talk to us anytime 24/7 in Telegram and/or Discord channels! Join our active social media community on Twitter, Facebook, LinkedIn, and TikTok.

Stay updated with different Play to earn events, AMAs, guild announcements, and helpful tutorials on our YouTube channel.