New trends within the world of play-to-earn (hereinafter P2E) could revolutionize the sector’s future. The new generations have a unique opportunity to break free from the constraints of the old labour market and distance themselves from centralized banking. This shift empowers them to take control of their financial futures in a way that was previously unimaginable.
To the same extent that the trend of blockchain-based games evolves, the intention to participate also increases. This chain concludes with the entry of society into a new, more decentralized stage and with the massive use of cryptocurrencies.
As you can see, this is not just a revolution within the world of video games, which is already a significant development given the size of that market. These advances are a catalyst for a financial and commercial world based on new technologies, potentially reshaping the digital economy as we know it. The scale of this transformation is truly staggering.
P2Es prepare the future renaissance of a more robust Generation D
The dream of Generation D ( decentralized generation ) is to regain strength with the rebirth of games supported by the blockchain. In this way, the future of P2E appears firmly linked to compliance with the fundamental philosophy of cryptocurrencies.
Generation D is a part of the workforce that does not follow the traditional path. This implies moving away from patterns such as working in an office for a centralized company and being tied to commercial banks’ credit and taxes from the State. Instead, they opt for a decentralized life in all these aspects.
Although blockchain alternatives to promote this new generation are few now, P2E could be of great help. In that sense, many young people could base their personal lives on these protocols and make a living from playing. It should be noted that when talking about this trend, the concept of games goes far beyond the insipid doll battles of today.
Specifically, we would be talking about Metaverse-style games/work, which would allow work tasks to be carried out. For companies, adapting their boring activities to gamification will be a challenge that could be life or death.
What is described above is just the tip of the iceberg of everything that the future of P2E could represent for society.
A look at new trends
Although tokenized games are in a very nascent stage, it should be taken into account that gaming is a sector of constant evolution. This means that it will not take long for new technologies to turn the sector into one that is very different from the current one.
Thus, higher-quality graphics and low latency, ideal for a large number of users, would be great qualitative changes. Basically, this is the most necessary implementation that the firms in charge of developing new trends must now attend to.
In this way, the fact that we are in the first steps does not cloud the vision of the enormous potential of these games in the future. It should be noted that many of these are presented as embryos of what immersive metaverse games could be like.
Among the new trends that demand, and in fact obtain, greater attention is the transition from play-to-earn to play-and-earn. There are fundamental differences between both concepts. The first of them focuses on profits being the epicentre of the activity. Simply put, even though the games are terrible and repetitive, the reward is the only stimulus.
For its part, play-and-earn puts the main focus on fun. This little world prioritizes creating a fun and entertaining environment for players, making the wait for the reward more pleasant. This is just one example of the new trends that are shaping the future of P2E.
Diversification of game models
One of the biggest shortcomings in the blockchain-based tokenized gaming sector is uniformity. Virtually all existing games are about traditional role-playing games and battles. However, developers are already aware of and are working on diversifying the models.
Among the trends that are gaining strength are simulation, strategy and racing models. This variety ensures that the games adapt to the different tastes of the players. Likewise, it can be considered a starting point to attract traditional gamers.
It is important to remember that most gamers do it without any gain or reward. However, this is not enough to attract them to the world of P2E. In this sense, the sector’s diversification can bring enormous transformations.
It is worth noting that getting to this point requires the blockchain to continue improving. For example, security and scalability have a big role to play in this new experience. This will give investors the confidence to fund more ambitious gaming projects. If some important obstacles can be overcome, the future of P2E is bright in many ways.
Barriers to overcome to ensure massification
Logically, the great future potential of many technologies is tied to numerous barriers that arise along the way. The case of blockchain games is no exception. The sector must overcome several important challenges on which its future success depends.
The greatest challenges have to do with improving the infrastructure that will make the Metaverse possible. This objective goes far beyond gaming companies since it is a shared task for the entire technological world. Next to this, there are some smaller barriers, but not insignificant.
Volatility in the cryptocurrency market is a big challenge. The low market capitalization of many tokens leads to their prices suffering sudden drops. Consequently, maintaining a stable flow of income is a somewhat unpredictable matter.
Security is another element to attend to, given that the risks of scams are high in a sector where criminals lurk. But one of the biggest issues and on which adoption ultimately depends is the elimination of access barriers. Regarding initial investment and complex interfaces, some games leave a lot to be desired.
With these elements on the table, the future of P2E still looks distant. Despite this, evolution is constant, and some futuristic advances can already be seen.