Cryptocurrency

3 emerging P2E gaming trends to watch in 2022

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Blockchain-based for-profit (P2E) gaming is having a breakout year in 2021, and as the cryptocurrency ecosystem grows in 2022, the P2E gaming industry and those who invest in it will need to consider what’s next. Steam software, speculation, and excitement can lead to unrealistic valuations and expectations during a bull market, which also seems to affect the P2E industry.

Now that the hype is “over,” investors and developers will need to identify new value propositions that will foster growth and steady investment in the blockchain gaming industry.

Below is a detailed look at some of the trends likely to emerge in the P2E ecosystem in 2022.

Profit sharing community

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

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

Players get game rewards from there, while investors get a portion of the profits.

An example of such an agreement is Yield Guild Games (YGG), a P2E Game Guilds and Decentralized Autonomous Organizations Focused on creating a community that allows players to earn money through a blockchain-based economy.

DAOs generate revenue by selling or renting NFT assets to gamers as part of a profit-sharing model called scholarships.

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

The most recent investment from the YGG community is the $50,000 investment in the seed round of “Black Hero” and the $330,000 purchase of in-game NFT land assets.

A community with educational support

Another trend emerging in the gaming and NFT space is communities that focus on educating community members on how to make money from gaming.

Blockchain-based games can be a learning challenge for newbies, and the up-front cost of some games can prevent some players from playing.

To help simplify the process, some protocols that invest in apprenticeships for players already exist. Merit Circle is a DAO project focused on growing its P2E economy by helping gamers turn their hobbies into a steady stream of income.

At the time of writing, the Merit Circle community has 2,750 active players from around the world (including Asia, Africa, Europe and South America) who are rewarded every day for playing one of the supported games.

Similar to YGG, Merit Circle also invests in community-held assets that gamers can use to earn rewards, with 30% of all proceeds reinvested in DAOs or distributed to token holders.

The program uses educational content and one-on-one coaching sessions to help improve the performance of scholars on the platform. To date, these players have earned more than $2 million from the game.

related: New research predicts bleak year for Bitcoin as DeFi and DAOs rise

DeFi combines with NFTs and P2E gaming

The third trend to emerge in 2022 is the development of projects and investment funds aimed at combining aspects of decentralized finance (DeFi), NFTs 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 everything from art to real estate By providing immutable proof of ownership.

As blockchain technology continues to move towards mass adoption, more and more real-world projects will be recorded digitally on a distributed ledger, ultimately providing interested parties with an easier path to investment than is currently possible.

It also allows Possibility of partial ownership Certain high-value items, such as hotels or copyrights to popular movies or music albums.

BlackPool is one such project, currently run by a group of portfolio managers, traders and analysts, with the long-term goal of becoming “the leading provider of financial derivatives in the digital asset market, including asset valuation indices, insurance mechanisms and active management. Strategy.”

Ultimately, the project hopes to provide democratized access to rare NFT assets “that users may not be able to buy individually.”

By developing its DAO structure, BlackPool is now decentralizing its current operations to allow all NFT assets held by the fund to be managed by its community of token holders.

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