Gaming has always been a popular fun activity for people; hence it has continued to evolve with the advancement of technology. From ancient board games like Chess and Go to sophisticated electronic games like Pro Evolution Soccer, humans continue to advance games to have more fun. This evolution of games has produced a sprawling electronic gaming industry and has created lucrative jobs for numerous engineers, programmers, designers etc. However, while the gaming industry has proven very lucrative, the gamers themselves who spend a good amount of time and effort playing the games have not really gotten much economic reward. This trend is beginning to change in recent times with the introduction of blockchain gaming and decentralized technology. Decentralized technology actually grew out of the need to create an inclusive financial market where financial institutions will not exclusively profit at the expense of the customers. This inclusive economy was successfully launched through the introduction of cryptocurrency and decentralized finance applications (dApps), but these technologies require some level of digital literacy to exploit. Hence, a good proportion of the target population remained isolated. was introduced as a remedy to this predicament as it leverages on the widely enjoyed activity of gaming to introduce lay people to the inclusive crypto economy. Fortunately, it also solves the problem of gamers who often put in the most time and effort on games not getting a share in the huge economic returns the industry generates. Gamefi This idea of Gamefi resulted in what is known today as Play to Earn gaming (P2E) in contrast to the Play to Win (P2W) ideology that previously dominated the gaming industry. Another recent technology that is advancing P2E ideology is the concept of digital property and the metaverse. The metaverse is a complex digital cyberspace with advanced graphics where people can create, play, work and own digital property. Blockchain technology with its sophisticated record-keeping abilities, facilitates complicated transactions with such digital properties known as . Non-Fungible Tokens (NFTs) The integration of gaming and has resulted in the creation of several metaverse games like Axie infinity, Gods Unchained and Pegaxy where players can earn in cryptocurrency. Metaverse games have continued to expand in complexity however and other platforms like , and have progressed to the concept of a multiverse. the blockchain The Sandbox Decentraland M3 games Metaverse Versus Multiverse A metaverse can be defined as a sophisticated cyberspace with advanced graphics where people interact using avatars. It is projected to create the next level of the internet, leveraging next-level graphics technology like Virtual Reality (VR) and advanced network connectivity (e.g., 5G) to make people feel more connected. A multiverse on the other hand is a scientific term which refers to a collection of interconnected physical universes which can interact considerably with each other. In game development, however, metaverse technology has facilitated a digital application of the multiverse concept. Hence, a number of blockchain gaming platforms like The Sandbox and M3 Games developed a network of metaverse games which allow game assets (characters, tokens, etc.) to function as NFTs which can be moved from one game to the other and be used there for gameplay. Such platform is also called a multiverse (i.e., ). digital multiverse Play to Win Versus Play to Earn Play to Win or P2W is the previously dominant gaming paradigm where games are developed for players to compete against the computer or human opponents just to win and progress in-game level and/or skill, with no financial benefit expected. It’s basically gaming for fun and popular games like Fifa, Pes, Candy Crush etc. were all developed as P2W games. Play to Earn P2E is a more recent gaming paradigm facilitated by blockchain games, which are developed for players to compete against  computer or human opponents and gain financial benefits like crypto assets. Many metaverse games like Axie Infinity, Spliterlands, Illuvium etc. are play-to-earn games. Play to Earn and E-Sports E-Sports is an emerging new field in sports which exploits the advanced connectivity of modern games to facilitate gaming as a sporting event. Originally, E-sports was limited to a few friends gathering in one location to compete in games like Pro Evolution Soccer (Pes), Mortal combat etc., on PC or gaming consoles (e.g., Atari, SEGA, Play Station, Xbox etc.). Onsite tournaments were also organized for such players to congregate and compete for prizes. As network technology advanced however, several games were released with wireless multiplayer capability which enabled players not exactly in the same location to compete. Initially this was limited to just low range connections like Bluetooth and Wi-Fi which still placed considerable distance constraints on players. But over the internet connection was eventually enabled, allowing players to play with other players anywhere in the world. This advanced connectivity in gaming triggered the rise of modern E-Sports platforms like Toornament, Gamebattles, UMGgaming etc., who host online gaming tournaments where players around the world can compete to win money. Twitch is a popular E-sports streaming company. E-Sports created another opportunity for Play to Earn gaming and metaverse games have begun to exploit this opportunity by integrating tournaments as part of their gameplay to further promote their general Play to Earn philosophy. Platforms like The Sandbox and M3 which have advanced to a multiverse level, now have a sophisticated web of games for different E-Sport events which further promotes Play to Earn Gaming. Play to Earn Multiverses Several digital Multiverses have been developed with Metaverse technology which focus on different things like work, gaming, VR experience, socializing, networking, etc., or any combination of these aspects. Here, we will highlight three which highly facilitate Play to Earn gaming. Decentraland: This has been described as “the best metaverse game with huge potential”. This is an apt description because though the platform has well-developed gaming apparatus, it was not developed just as gaming platform but as a virtual world where people can interact with virtual real estate. People can buy “land” on the platform and create fun gaming and socializing experiences to earn income from other people who participate events. People can also create and trade NFTs which can be used on different lands, for different experiences. However, the best way to earn money on Decentraland is to buy and sell land. The token used for transactions on the platform is called MANA. These transactions facilitate Play to Earn gaming. People or organizations who own land on Decentraland can also organize E-Sport tournaments. The SandBox: The Sandbox is another popular land based virtual world that greatly promotes Play to Earn gaming but it is more focused on gaming than decentraland. Created as a fun, easy to learn way to introduce people to blockchain technology, The Sandbox has become widely adopted and now contains many games created by users of the platform for other users to enjoy. The Sandbox has three major components. The first is Voxel Editor which is used in creating NFts for gaming. The second is Marketplace which is used in for trading NFts and the last is Game Maker used to create games which will run on the platform. The native token used here is called Sand. The Sandbox facilitates play to Earn gaming through sales of assets (e.g., NFTs) and tournaments which can be organized by game creators. M3 Games: M3 Games is a recently released network of blockchain games which allows players to accumulate tokens and NFTs by completing tasks in the freemium version of games on the network, then they can use the NFTs to play any of the network games or sell them for money. With enough NFTs and tokens, players can progress to the NFT version of the games and participate in built in tournaments in the game to make more money. M3 is the most focused multiverse on this list and narrows down on Play to Earn gaming without players really having to bother about game creation or NFT minting before they can begin making money. One game called is already released on the network while God of Gods will soon be released. The games use MGR and M3 tokens for transactions. sweetclash With the extensive P2E apparatus of M3, Players can just join the network and begin gaming right away to accumulate tokens and game cards with economic value. The notable P2E apparatus of M3 is further detailed to highlight its simplicity and straightforwardness which sets it apart from other game multiverses. Play to Earn Apparatus of M3 Players can earn income in various simple and straight forward ways from the which include; M3 game network 1. Play the freemium version to accumulate valuable MGR tokens and game cards 2. Upgrade game cards to NFTs with your tokens and sell them for profit 3. Hold your tokens or NFTs which continue to increase in value 4. Outstanding scholarship feature: Rent your NFTs to other player and share in their revenue 5. NFT creators make profit whenever their NFT is traded 6. Enter tournaments when you have enough M3 tokens and NFTs to win prizes Conclusion Play to Earn ideology could evolve blockchain games into one giant multiverse of metaverses.

This story contains new, firsthand information uncovered by the writer.

Target

Play to Earn and the Multiverse of Fun

About Author

Comments

TOPICS

THIS ARTICLE WAS FEATURED IN

Related Stories

Untitled Story

A Metaverse Tour For Beginners

(1/100) Crypto Countdown: Golem

A Research Report on the Trader $JOE DeFi Platform

07/03/2018: Biggest Stories in the Cryptosphere

05/02/2018: Biggest Stories in the Cryptosphere

A Metaverse Tour For Beginners

(1/100) Crypto Countdown: Golem

A Research Report on the Trader $JOE DeFi Platform

07/03/2018: Biggest Stories in the Cryptosphere

05/02/2018: Biggest Stories in the Cryptosphere

Light-Mode

Classic

Newspaper

Dark-Mode

Neon Noir

Minty

HN StartUps