Play and Earn
Giving gamers ownership over in-game assets and allowing them to increase their value by actively playing the game are key components of the play and earn business model. By participating in the in-game economy, players are creating value for other players and the developers. In turn they are rewarded with in-game assets. These digital assets can be anything ranging from cryptocurrencies to in-game resources that are tokenized on the blockchain. That’s why the play and earn business model goes very well together with blockchain games.
In the play and earn business model the game and the developers reward players for putting time and effort into their game. Gamers are already dedicated to playing games that do not reward them tangibly. With the advent of play and earn as well as blockchain technology, gamers can now receive a bonus for putting their heart and soul into their favourite games!