#P2E Investing In Play to Earn Blockchain Games – (Chris Coney & Marija Matic) WCSS:034

Curated Content by Dan - Coin Cerberus

June 27, 2023


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Start your formal crypto education for free and earn tokens at https://cryptoversity.com/ — Let’s start off with the most obvious point here, the idea of paying players to play completely flips the gaming world on its head
So the first question investors might have is, how is it possible to pay people to play games?
Where does the money come from?
Normally a company would develop a game, you’d pay $50 for it and your ‘return’ would be the enjoyment of playing it
The same for MMOs, you pay a monthly subscription to access what a gaming company created
How has gaming managed to transition to play to earn?
I suspect one of the parties in the old model are having their share of profits reduced (like the Basic Attention Token ad model)
How do the game developers fund themselves?
How does the founding company stay profitable?
What are some examples of current popular play to earn blockchain games? https://playtoearn.net/blockchaingames Do they all use the same economic model? (i.e. paying players out of token inflation for example)
Axie infinity
That unreleased space game everyone is hyped about (Star Atlas?)
Zed Run (i.e. earn by winning money off other players, meaning the money comes from outside the game economy)
I can tell we are in the early stages of this just looking at the names of some of the games. Any game that includes the name of the technology like “Blockchain Kitties” is an example of what I’m talking about.
I personally would not include the name of the technology, in the same way we don’t really have companies called .com anymore. It’s just Amazon.
What are the different types of games?
e.g. see playtoearn.net (breeding, collectable etc)
Simple hyper casual games like Farmville etc.
MMOs / role playing games
In game economy or external economy (selling NFT skins outside the game vs an internal game economy)?
Real estate games
Interactive collectables (Splinterlands card game). Reminds me of Star Trek CCG from the 1990’s.
VR / AR games
This sector is closely related to the NFT sector isn’t it? BECAUSE blockchain technology enables digital scarcity, we can truly make an in-game item unique AND allow it to move and trade outside the game.
And there is almost an finite scope for collaboration
I’m thinking about how Epic Games do one brand deal after another to bring skins from every franchise into the world of Fortnite
Marvel characters
Football players
Why not play in Fortnite as your favourite Bored Ape?
Is there an opportunity for investors here?
If so, what is it?
The problem I can see is the same with all of crypto, just complete overwhelm at the number of opportunities.
Should they play the games?
Should they invest in the games?
How do you keep up with such an explosive pace of innovation? The Cryptoverse features reading the news from various sources. Each episode lasts approximately 15 minutes and includes my moral, ethical and philosophical interpretation of current events. If you’d like to be kept up to date on Bitcoin, cryptocurrencies and blockchains by someone who believes in the free market, equality of opportunity and the value of education then subscribe to The Cryptoverse today. Video Source https://www.youtube.com/watch?v=ybgDYbB8r4U

Crypto Currency Resources & Recommended Products

The following lists are tools and resources that I put together to help anyone that is interested in crypto get a head start. It can be quite daunting when you first get into cryptocurrencies. There is some much information out there and some much uncertainty.

Disclaimer This new crypto movement is an economic revolution. While it may be an exciting time to get started with crypto currencies, this digital gold rush has a plethora of bad information out there. The recommended products below are based on my own experience with my own personal use of these products.

Disclaimer: I am not a finical advisory. I do earn a small commission if you choose to purchase any of the recommended products below. Please make sure that you do your research before you purchase any Cryptocurrencies related products or services.


Crypto Currency Wallet & Coin Exchange

Coinbase is one of the worlds leading cryptocurrency wallets. It also gives people the option to purchase and trade digital currencies like that of Bitcoin, Bitcoin Cash, Ethereum Classic, Ethereum and Litecoin.

Coinbase popularity stems from its ease of entry and exit from the cryptocurrency world. It's pretty quick to get set up and start investing in digital currencies. Get $10 FREE Bitcoin {BTC} when you spend $100 with our referral link.

Click Here To Watch A Tutorial Guide On How To Use Coinbase

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Cryptocurrency Exchange

Binance is one of the worlds fastest growing cryptocurrency exchanges. Because of its trading volume and the number of altcoins it trades it will be one of the worlds biggest crypto exchanges in the world.

While Coinbase is still the easiest way to get into cryptocurrencies, Binance trades a lot more Altcoins compared to that of Coinbase. If you want to purchase Altcoins like Cardano ADA, Ripple XRP, Steller Lumens, TRON, Dash and Monero then Binance is your first port of call. 

In order to trade here, you must hold some cryptocurrencies first. So it's best to purchase some Ether or Litecoin from Coinbase and transfer it too Binance.

Click Here Watch A Tutorial Guide On How To Use Binance.



Cryptocurrency Hardware Wallets

One of the most popular Hardware Cryptocurrency wallets is that of

Ledger Nano S. The Ledger hardware wallet provides a secure offline solution for cryptocurrency traders to store their digital data. 

Commonly knowns private keys the Ledger hardware wallet gives users a multi cryptocurrency offline storage solution. Because of essential, these hardware wallets are similar to that of a USB key, it provides security by hosting the private keys offline making them difficult for hackers to access your cryptocurrencies.

It hosts some of the more common crypto coins but also some fewer know Altcoins Bitcoin Gold, Ark, Bitcoin, Bitcoin Cash, Digibyte, Dash Dogecoin and Ether.

Watch A Video Guide On How To Use The Ledger Nano S 


Digital Crypto Currency Wallet 

The Exodus Wallet is desktop cryptocurrency storage solution. It can be used with Mac and PC which has compatibility with a popular cryptocurrency exchange called Shapeshit. Which gives the user the ability to trade cryptocurrency with in the Exodus Wallet.  This feature alone makes the Exodus wallet a very popular choice with beginner crypto traders.

The interface is very intuitive making it very easy to understand and use for anyone that's starting out with investing in cryptocurrencies. The Exodus Wallet is one of the most popular lite wallets, even with a number of crypto storage assets, it doesn't require your system to download the complete blockchain.

While the Exodus Wallet is free to download and a very secure piece of software, please note that it does take between 1-3% fee with the exchange of cryptocurrencies. Click Here To Watch Walk Through Video On The Exodus Wallet.


Cryptocurrency Browser

The Brave Browser is just like most web browsers, it allows you to surf the web, find videos, websites and allows you to download content from the web. But with a few difference with it's set up compared to that of Google Chrome. It was set up by the same creators as that of Mozilla, basing their software on open source code similar to that of Google Chrome.

Brave has in built ad blocking technology to stop intrusive ads. It also integrates with the cryptocurrency Basic Attention Token {BAT} to pay users for their attention for displaying less intrusive ads.

Brave keeps 15% of the less intrusive ads, giving content publishers 55% per cent which is good for bloggers and vloggers, last but not lease even users of the Brave browser will receive 15% off the revenue. It also gives users the option to donate BAT to content creators or sites they love.

One of the striking features of the Brave Browsers is that it removes a ton of tracking pixels which cause websites to load slower. This gives you a much faster experience when visiting websites online


Altcoins, Buy Altcoins, Crypto, Cryptocurrencies

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