In addition to earning in-game Play-to-Earn by earning rewards in the form of in-game tokens, you can earn income using the following tools:
- NFT sales. NFT rewards can be sold on crypto exchanges or specialized marketplaces. The more unique and functional the game asset (avatar, item or object) is, the higher its market value;
- Stacking. Many decentralized games have the functionality to generate passive income through steaking or farming. Blocking tokens for a certain period of time while participating in such mechanisms will provide you with rewards in tokens or other valuable assets;
- Participation in tournaments and competitions. Some projects reward participants in group or individual competitions. Here, experienced gamers can earn substantial profits for winning events with high stakes and numerous participants;
- Affiliate and referral programs. Here, basically, the classic scheme “bring a friend and get a bonus” works;
- Investments in blockchain game tokens. Investing in the tokens of projects, in the prospects of which you are sure, you can get a decent income. Investing in successful projects in the early stages will bring the highest returns;
- Content creation. Creative people with certain skills, particularly in design and programming, can earn money by developing new characters or other game components for sale.
The future of gamification with blockchain
Despite the fact that decentralized games are still very young and imperfect, the impact of blockchain on the gaming industry cannot be avoided. The potential is too great. And the integration of blockchain technology with exciting gaming practices and the concept of meta-universes will bring the best results.
Let’s take a look at the trends that await us in the foreseeable future:
- The development of metavillages. The concept of virtual worlds accommodates interactive virtual game spaces connected to the real world and interacting based on blockchain technology;
- Increasing gaming community. A fair and democratic gaming environment, where the ultimate beneficiary of the process is the user and not a third-party centralized corporation, will attract more and more users. Players will realize all the benefits of getting a fair return from games;
- Emergence of new tools for making money. As the ecosystem evolves and new genres are created, the list of scenarios for generating income will expand;
- Increased competition. The largest traditional studios, which have so far kept themselves apart, will feel the potential of blockchain and begin to integrate decentralized tools into their projects.
