Play to earn, sometimes called P2E is a form of online gaming in which users are rewarded with cryptocurrency (and sometimes nfts) for playing various cryptocurrency games. Although it is certainly possible to monetize traditional gaming by becoming a streamer or getting sponsorships, play to earn gaming is different in that the use of cryptocurrency and blockchain technology allows the reward mechanism to be built into the game itself instead of being dependent on external sources.
In today's post, I'll explain the basics of play to earn gaming, describe how p2e games utilize cryptocurrency, and also share some of the pros and cons of p2e games vs traditional gaming experiences. As always, this should be considered strictly educational content that expresses only my own opinions and is not designed to approve or disapprove of any specific projects.
