1. NFT

Why Sports-Based P2E Games Have Strong Traction

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P2E games have emerged as the new trend in the gaming industry, creating numerous revenue-generating opportunities for gamers worldwide. In addition, many gaming giants in the traditional industry are eyeing to adopt Web3 aspects into their game infrastructure to deliver a whole new experience of gaming to the users. For instance, “global entertainment giant Sony applied for a patent in 2021 for a system that tracks digital assets in video games using blockchain technology,” mentioned by Decrypt. 

 

The Ever-Lasting Trend in The Market

As revolutionary technology is being adopted by many businesses in the gaming space across numerous genres. The sports genre tops the list as sports-based NFTs have gained huge popularity among gamers and sports enthusiasts across the globe. 

 

On the other hand, sports-based P2E games are less sophisticated than other genre games in the Web3 space. Making it easy for gamers to play and earn attractive crypto rewards. Apart from in-game earnings, players can also make profits by trading their NFT assets on NFT game marketplaces. 

 

Summing It Up

 

NFT gaming platforms provide a wide avenue of opportunities for both game developers and players to make money. The lucrative gaming model has been gladly welcomed by gamers worldwide. In addition, the market value of P2E games is all set to hit colossal values in the near future. This creates a perfect time for both parties (gamers and game developers) to explore the new avenue. 

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