Blockchain-based play-to-earn (P2E) gaming had a breakout year in 2021, and as the cryptocurrency ecosystem evolves in 2022, the P2E gaming sector and those that invest in it will need to consider what the next steps are. During bull markets, vaporware, speculation and euphoria can lead to unrealistic valuations and expectations, and this appears to also have impacted the P2E sector.
Now that the hype is “over,” investors and developers will need to identify new value propositions that catalyze growth and steady investment into the blockchain gaming sector.
Here’s a closer look at some of the trends that could emerge in the P2E ecosystem in 2022.
The first trend to keep an eye on in 2022 is projects that are looking to harness interest in nonfungible tokens to create profit-sharing models and capitalize on the price appreciation of NFTs.
These projects aim to offer opportunities for gamers and investors by providing a platform where investors who are not interested in playing games can invest and provide NFTs for players who would not otherwise be able to afford them.
From there, players earn rewards for their gameplay, while investors earn a share of the profits.
One example of this type of protocol is Yield Guild Games (YGG), a P2E gaming guild and decentralized autonomous organization focused on creating a community that lets players earn via blockchain-based economies.
The DAO generates revenue through the sale of NFT assets or by renting them out to gamers as part of a profit-sharing model known as a scholarship.
There are currently more players wanting #playtoearn scholarships than there are game assets to meet the demandTogether with our newest Sponsor-A-Scholar partner @coinbase, YGG will be able to onboard more new
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