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Altcoin Roundup: 3 emerging P2E gaming trends to keep an eye on in 2022

January 21, 2022No Comments


Blockchain-based play-to-earn (P2E) gaming had a big year in 2021, and as the cryptocurrency ecosystem evolves in 2022, the P2E gaming sector and those investing in it will need to consider what they are. the next steps. During bull markets, vaporware, speculation and euphoria can lead to unrealistic valuations and expectations, and this appears to have affected the P2E sector as well.

Now that the hype is "over", investors and developers will need to identify new value propositions that will catalyze continued growth and investment in the blockchain gaming sector.

Here's a closer look at some of the trends that could emerge in the P2E ecosystem in 2022.

profit sharing communities

The first trend to watch out for in 2022 is projects looking to harness interest in non-fungible tokens to create profit-sharing models and capitalize on NFT price appreciation.

These projects aim to offer opportunities for players and investors by providing a platform where investors who are not interested in playing games can invest and provide NFTs to players who would not otherwise be able to afford them.

From there, players earn rewards for their play, while investors get a cut of the profits.

An 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 allows gamers to earn through blockchain-based economies.

The DAO generates revenue through the sale of NFT assets or by renting them to players as part of a profit-sharing model known as scholarship.

Some of the current games and investments YGG is involved with include Axie Infinity, Illuvium, Guild of Guardians, Star Atlas, Splinterlands, and The Sandbox.

The most recent investment for the YGG community was a $50,000 seed round investment in Heroes of Mavia and a $330,000 purchase of in-game NFT land assets.

Communities with educational support

Another trend emerging from the gaming and NFT sectors is communities that focus on educating community members on how to earn money through gaming.

Blockchain-based games can be challenging for newcomers to learn, and some games have startup costs that prevent some players from being able to play.

To help simplify the process, a few protocols have emerged that invest in bringing learning to players. Merit Circle is a DAO project focused on developing its P2E economy by helping gamers turn their hobby into a steady stream of income.

At the time of writing, the Merit Circle community has 2,750 active players from regions around the world, including Asia, Africa, Europe, and South America, who earn daily rewards by playing one of the supported games.

Like YGG, Merit Circle also invests in community assets that players can use to earn rewards, with 30% of all revenue being either reinvested in DAO or distributed to token holders.

The project uses educational content and personalized training sessions to help improve the performance of academics on the platform. These players have won over $2 million through gaming to date.

Related: New research expects a bleak year for Bitcoin as DeFi and DAOs surge

DeFi is combined with NFT and P2E gaming

A third trend shaping up in 2022 is the development of investment projects and funds that aim to combine aspects of decentralized finance (DeFi), NFT, and P2E gaming.

While the gaming industry only appeals to a niche audience, NFTs have a wide range of capabilities that can be applied to many fields ranging from art to real estate providing an immutable proof of ownership.

As blockchain technology continues its path to mass adoption, an increasing number of real-world items will be digitally recorded on distributed ledgers, ultimately providing stakeholders with an easier investment path than ever before. the one that currently exists.

It also allows the Possibility of fractional possession certain big-ticket items, like a hotel or the copyright to a popular movie or music album.

BlackPool is one such project that is currently run by a team of portfolio managers, traders, and analysts with the long-term goal of becoming "a leading provider of financial derivatives in the digital asset markets, including asset valuation indices." , insurance mechanisms and actively managed strategies". .โ€

Ultimately, the project seeks to provide democratized access to scarce NFT assets "that individual users would not be able to purchase for themselves."

Through the development of its DAO structure, BlackPool is now in the process of decentralizing its current operation to allow all NFT assets held by the fund to be managed by its community of token holders.

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