Play-to-Earn Games Usher New Crypto Users, While Drawing Criticism From Traditional Gamers
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Bitcoin pioneered the concept of play-to-earn (P2E), allowing players to earn rewards through gameplay. P2E took off with games like Axie Infinity, attracting new crypto users.
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P2E has drawn criticism from traditional gamers who believe games should be fun-first, not money-makers. But people have different definitions of fun.
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Expanding gaming to new audiences has consistently grown the industry - P2E can do the same by appealing to financially-motivated players.
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Game economies can benefit from secondary markets and players willing to grind - previous games banned these players, but web3 enables full integration.
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Future P2E tokenomics balancing spenders and earners could onboard billions more to crypto by rewarding players who enjoy earning through gameplay.