Blockchain Games Explained: How P2E Works & Its Issues

In this video about “Blockchain Gaming”, aspects like NFTs, DAOs, and interoperability are explained. Existing play-to-earn models (P2E) like Axie Infinity, among others, are explored.

Moreover, this video explains how blockchain technology is transforming the gaming industry. The video covers different blockchain gaming business models, such as the metaverse model, play-to-earn models, and membership-based models, that gaming companies have adopted. This video explains the different aspects of blockchain technology used in games, such as non-fungible tokens (NFTs), blockchain game's native cryptocurrency, and how these games are profitable. This video uses two blockchain-based games, Decentraland and Axie Infinity, as examples to explain how these business models work. Additionally, the video highlights some challenges with play-to-earn models, such as oversupply, a decline in new players joining the game, and the issue of making the game “pay-to-win". Overall, the video provides a detailed overview of how blockchain technology is shaping the future of the gaming industry.

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