{"id":436278,"date":"2022-04-23T16:30:00","date_gmt":"2022-04-23T13:30:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/what-are-p2e-games-play-to-earn-nfts-or-crypto\/"},"modified":"2022-04-23T16:30:00","modified_gmt":"2022-04-23T13:30:00","slug":"what-are-p2e-games-play-to-earn-nfts-or-crypto","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/what-are-p2e-games-play-to-earn-nfts-or-crypto\/","title":{"rendered":"#What Are P2E Games? Play-to-Earn NFTs or Crypto"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3a1c2fec8e1\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3a1c2fec8e1\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/what-are-p2e-games-play-to-earn-nfts-or-crypto\/#%E2%80%9CWhat_Are_P2E_Games_Play-to-Earn_NFTs_or_Crypto%E2%80%9D\" >&#8220;What Are P2E Games? Play-to-Earn NFTs or Crypto&#8221;<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/what-are-p2e-games-play-to-earn-nfts-or-crypto\/#P2E_Games_Play_For_Keeps\" >P2E Games Play For Keeps<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/what-are-p2e-games-play-to-earn-nfts-or-crypto\/#Axie_Infinity\" >Axie Infinity<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/what-are-p2e-games-play-to-earn-nfts-or-crypto\/#The_P2E_Business_Model\" >The P2E Business Model<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/what-are-p2e-games-play-to-earn-nfts-or-crypto\/#Other_P2E_Games\" >Other P2E Games<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/buradabiliyorum.com\/en\/what-are-p2e-games-play-to-earn-nfts-or-crypto\/#Do_You_Really_Own_Your_In-Game_Assets\" >Do You Really Own Your In-Game Assets?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CWhat_Are_P2E_Games_Play-to-Earn_NFTs_or_Crypto%E2%80%9D\"><\/span>&#8220;What Are P2E Games? Play-to-Earn NFTs or Crypto&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<figure style=\"width: 1200px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"type:primaryImage wp-image-798364 size-full\" data-pagespeed-lazy-srcset=\"https:\/\/www.howtogeek.com\/wp-content\/uploads\/2022\/04\/shutterstock_2096996428.png?width=398&amp;trim=1,1&amp;bg-color=000&amp;pad=1,1 400w, https:\/\/www.howtogeek.com\/wp-content\/uploads\/2022\/04\/shutterstock_2096996428.png?width=1198&amp;trim=1,1&amp;bg-color=000&amp;pad=1,1 1200w\" sizes=\"auto, 400w, 1200w\" data-pagespeed-lazy-src=\"https:\/\/www.howtogeek.com\/wp-content\/uploads\/2022\/04\/shutterstock_2096996428.png?width=1198&amp;trim=1,1&amp;bg-color=000&amp;pad=1,1\" alt=\"A game controller surrounded by Bitcoin and other cryptocurrency tokens.\" width=\"1200\" height=\"675\" data-crediturl=\"https:\/\/www.shutterstock.com\/image-photo\/crypto-gaming-play-earn-concept-top-2096996428\" data-credittext=\"enchanted_fairy\/Shutterstock.com\" src=\"\/pagespeed_static\/1.JiBnMqyl6S.gif\" onload=\"pagespeed.lazyLoadImages.loadIfVisibleAndMaybeBeacon(this);\" onerror=\"this.onerror=null;pagespeed.lazyLoadImages.loadIfVisibleAndMaybeBeacon(this);\"\/><figcaption class=\"wp-caption-text\"><span class=\"type:primaryImage imagecredit\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.shutterstock.com\/image-photo\/crypto-gaming-play-earn-concept-top-2096996428\">enchanted_fairy\/Shutterstock.com<\/a><\/span><\/figcaption><\/figure>\n<p>Few sectors are escaping the crypto craze, but many <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a> developers have really embraced it. Plenty of gaming-related collectibles can now be claimed as NFTs, but some so-called \u201cplay-to-earn\u201d games have gone even further and have crypto and NFT as the stakes.<\/p>\n<h2 role=\"heading\" aria-level=\"2\"><span class=\"ez-toc-section\" id=\"P2E_Games_Play_For_Keeps\"><\/span>P2E Games Play For Keeps<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Play-to-earn games, also called P2E games or even just crypto games, are games that have cryptocurrency and NFTs as an integral part of the gameplay. Often, instead of buying the game, you buy stuff within it, like characters or weapons or, well, just about anything.<\/p>\n<p>This isn\u2019t entirely unique, plenty of games use a similar model, especially so-called free-to-play (F2P) games. These games let you play for free and even let you earn items through gameplay, but the good stuff is usually locked away behind a paywall\u2014or perhaps a very time-consuming grind.<\/p>\n<p>However, what sets play-to-earn apart from free-to-play is that you can trade and sell your assets to other players. This is because many of these assets are NFTs, or can be turned into them.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Axie_Infinity\"><\/span>Axie Infinity<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>To illustrate this, it\u2019s probably best to use the system used by <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/axieinfinity.com\"><i>Axie Infinity<\/i><\/a>, one of the longest running P2E games out there (and also one that recently <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.theverge.com\/2022\/3\/29\/23001620\/sky-mavis-axie-infinity-ronin-blockchain-validation-defi-hack-nft\">lost over $600 million dollars<\/a>.) The idea of the game is simple: players control \u201caxies,\u201d small fantasy creatures, and battle them against other players\u2019 axies. It\u2019s reminiscent of Pok\u00e9mon, but in a heavily monetized form.<\/p>\n<p>Players can get axies by buying them ready-made from the in-game store or breeding them for themselves. Breeding involves AXS, the in-game currency combined with what\u2019s called a \u201csmall love potion\u201d or SLP. Both AXS and SLP can be earned by playing the game\u2014fighting other players, competing in tournaments, etc.\u2014or by buying them from the store.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-797625\" data-pagespeed-lazy-src=\"https:\/\/www.howtogeek.com\/wp-content\/uploads\/2022\/04\/axie-infinity-breeding.png?trim=1,1&amp;bg-color=000&amp;pad=1,1\" alt=\"Axie Infinity Breeding Screen\" width=\"640\" height=\"500\" src=\"\/pagespeed_static\/1.JiBnMqyl6S.gif\" onload=\"pagespeed.lazyLoadImages.loadIfVisibleAndMaybeBeacon(this);\" onerror=\"this.onerror=null;pagespeed.lazyLoadImages.loadIfVisibleAndMaybeBeacon(this);\"\/><\/p>\n<p>However, what makes <i>Axie Infinity <\/i>interesting is that you\u2019re not only spending money, you\u2019re also making it. If you breed a rare axie, you can put it up for sale on the marketplace, for example, and you can also sell your surplus resources. Where in F2P games the money all flows one way\u2014to the developer\u2014P2E games see some flow back, too. Some people even <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/buzz\/how-gamers-are-making-a-living-a-case-study-on-axie-infinity\">make a living<\/a> off playing the game.<\/p>\n<h2 role=\"heading\" aria-level=\"2\"><span class=\"ez-toc-section\" id=\"The_P2E_Business_Model\"><\/span>The P2E Business Model<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>However, not as much flows back as you\u2019d think. In an environment where everything costs money, the people who control that environment have ways of adjusting things in such a way that they always come out on top. After all, if they didn\u2019t there wouldn\u2019t be much of a business left.<\/p>\n<p>As a result, everything in <i>Axie Infinity<\/i> costs money<i>.<\/i> Getting an axie will set you back a few Ether\u2014the cryptocurrency the game runs on\u2014SLPs cost Ether and AXS costs Ether. Technically, many of these resources can be earned in-game, but they are often set on timers so the amount you can earn is actually curtailed unless you spend some real-world money.<\/p>\n<p>On paper, you could play the game on just a minimal investment: buy the starter axies and then grind until you get enough AXS and SLPs to get new critters and go from there. However, P2E games have taken a leaf out of the book of psychological tricks used by F2P games and set up players to buy into the game even more.<\/p>\n<p>For example, there\u2019s such a wide variety of axies and traits for them, that you\u2019re always tempted to get more of them\u2014anybody who has ever collected anything knows this frenzy you can get into. These traits also translate into gameplay, and players who pay into the game will usually have better traits for their axies.<\/p>\n<p>As a result, paying players will often grind free players into dust. This, in turn, turns free players either away from the game or gets them to increase their expenditure so as to remain competitive. It\u2019s a cycle that\u2019s hard to get out of and can be the start of an addiction.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Other_P2E_Games\"><\/span>Other P2E Games<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>To be clear, we\u2019re only using <i>Axie Infinity<\/i> as one example, other P2E games like <i>Gods Unchained <\/i>or the planned <i>Illuvium<\/i> use much the same tactics, just in slightly different forms.<\/p>\n<p>Technically, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/godsunchained.com\"><i>Gods Unchained<\/i><\/a>, which is a battle game based around cards much like <i>Magic: The Gathering<\/i>, is a free-to-play game. Your cards are collectible, but you actually need to perform a special action to make them into tradable NFTs. Until then, they\u2019re just game assets. However, to get good cards, you need to spend some money to hurry the process along.<\/p>\n<p><i>Illuvium<\/i>, which also is about letting fantasy beasts fight each other, tears the veil away completely and advertises that it will host betting on fights between players, as well as letting you trade fighters with other players.<\/p>\n<h2 role=\"heading\" aria-level=\"2\"><span class=\"ez-toc-section\" id=\"Do_You_Really_Own_Your_In-Game_Assets\"><\/span>Do You Really Own Your In-Game Assets?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>It\u2019s not just P2E games\u2019 structure that should raise eyebrows, it\u2019s also what it promises. The idea is that you play the game or pay into it and that you own your assets: axies, cards, or whatever it is that the game has on offer. They\u2019re NFTs after all, and you\u2019re the owner, not the game company. <i>Gods Unchained<\/i> makes a big deal of this on its website.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-797624\" data-pagespeed-lazy-src=\"https:\/\/www.howtogeek.com\/wp-content\/uploads\/2022\/04\/gods-unchained-claims.png?trim=1,1&amp;bg-color=000&amp;pad=1,1\" alt=\"Gods Unchained Website Copy\" width=\"650\" height=\"334\" src=\"\/pagespeed_static\/1.JiBnMqyl6S.gif\" onload=\"pagespeed.lazyLoadImages.loadIfVisibleAndMaybeBeacon(this);\" onerror=\"this.onerror=null;pagespeed.lazyLoadImages.loadIfVisibleAndMaybeBeacon(this);\"\/><\/p>\n<p>However, reality proves it\u2019s not quite so simple. There\u2019s a big problem with NFTs, namely that if the server that the records are on gives out, your NFTs dis<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ear into thin air. This has happened, too, and recently.<\/p>\n<p>For example, F1 Delta Time was a game that let you race cars, which were tokens all their own. Recently, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/kotaku.com\/f1-formula-1-one-delta-time-nft-crypto-cursed-shut-down-1848748953\">it went bust<\/a>, and all the associated NFTs are now worthless. Considering that some people paid the equivalent of the cost of a house for some of their cars, that\u2019s a lot of money up in smoke.<\/p>\n<p>There are also more conventional risks, like theft. <em>Axie Infinity<\/em>, for example, was famously victim of a security breach which <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.theverge.com\/2022\/3\/29\/23001620\/sky-mavis-axie-infinity-ronin-blockchain-validation-defi-hack-nft\">saw $600 million stolen<\/a>\u00a0in March 2022. Considering how much wealth is held in online accounts, they\u2019re a juicy target for criminals looking for a big score.<\/p>\n<p>So, yes, you own your axies or cards or whatever else it may be that these games are hawking, but only as long as the servers stay up and secure. When you play P2E games, you\u2019re not just betting on the outcome of your match\u2014you\u2019re betting on the company being successful, and we\u2019re not sure if we like those odds.<\/p>\n<p>As with everything involving cryptocurrency, we recommend you exercise caution if you\u2019re going to get involved in it.<\/p>\n<\/div>\n<p><script>\n setTimeout(function(){\n  !function(f,b,e,v,n,t,s)\n  {if(f.fbq)return;n=f.fbq=function(){n.callMethod?\n  n.callMethod.apply(n,arguments):n.queue.push(arguments)};\n  if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\n  n.queue=[];t=b.createElement(e);t.async=!0;\n  t.src=v;s=b.getElementsByTagName(e)[0];\n  s.parentNode.insertBefore(t,s) } (window, document,'script',\n  'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n   fbq('init', '335401813750447');\n   fbq('track', 'PageView');\n  },3000);\n<\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/technology\/\" target=\"_blank\" rel=\"noopener\">Technology category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/www.howtogeek.com\/797623\/what-are-p2e-games-play-to-earn-nfts-or-crypto\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;What Are P2E Games? Play-to-Earn NFTs or Crypto&#8221; enchanted_fairy\/Shutterstock.com Few sectors are escaping the crypto craze, but many game developers have really embraced it. Plenty of gaming-related collectibles can now be claimed as NFTs, but some so-called \u201cplay-to-earn\u201d games have gone even further and have crypto and NFT as the stakes. P2E Games Play For&#8230;<\/p>\n","protected":false},"author":1,"featured_media":436279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.howtogeek.com\/wp-content\/uploads\/2022\/04\/shutterstock_2096996428.png?height=200p&trim=2,2,2,2","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-436278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/436278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=436278"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/436278\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/436279"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=436278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=436278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=436278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}