How to take advantage of P2E

How to take advantage of P2E – Mail Bonus

P2E (play-to-earn), a term recently adopted by the gaming industry, is a term used by a group of Web3 software and applications that give users the opportunity to earn money while playing games and participating in applications. Games based on the concept of P2E allow players to earn money to complete achievements. In addition, players can acquire unchangeable tokens and cryptocurrencies, which can be sold on the market. Many individuals in different parts of the world have decided to make this sector of the economy their main source of income.

Gaming has evolved a lot due to advances in blockchain technology. Players can earn in-game assets, receive prizes that have real value, as well as the ability to buy and trade virtual assets and other items through blockchain markets.

Using NFT, games and platforms like Decentraland and Cryptovoxels provides players with a variety of revenue opportunities. However, you may not be able to earn P2E. The amount you earn may vary depending on the value of the game’s native currencies and the NFT payments you receive, how much you invest and what game technology you use.

How do I make money with P2E?

There are many ways to earn in the game, especially with NFT:

To acquire the game’s native virtual currency:

P2E games have their own native money that can be earned by fulfilling access requirements to the game and then trading for Fiat cash. Play to earn games from programs that require players to actively participate in the games to earn prizes, to programs where you start the game and your avatars do everything for you. The amount you get for playing video games depends on the value of the virtual currency you use, how often you play and, to a large extent, how much you get. Although there are certain games where ability is not an issue.

Minting

In blockchain games, the process of creating new objects is one of the various ways in which players can make money. Metaverse platforms like Decentraland and Cryptovoxels have games that allow players to create wearables, 3D objects and other collectibles and earn a percentage of those objects’ sales on the Web3 markets. Thanks to smart deals based on blockchain technology, Cryptovoxels participants have the opportunity to earn up to 10 percent of the cost of their in-game creations when they sell.

Grants

Strength in blockchain P2E games (eg Axieinfinity) means renting out avatars in the game. Players agree to hire “manager” characters to play games, earn and split profits. In general, sponsorships consist of the manager and the scholars (players). The moderator is the legal owner of NFT, but scholars borrow NFT to participate in the game. All income earned in the game is distributed equally among the members of the guild.

Status

Similar to a scholarship, you are referred to lock your tokens to receive a betting prize. Setting up your tokens involves making them accessible to other users so that they can engage in token exchanges.

You keep your tokens for a certain amount of time, known as a period, and after that time, you can get rewards that are often earned from transaction fees.

Conclusion

Play to earn is to transform gaming. As time consuming and hectic as a P2E game may seem, there is a lot to earn from doing something you enjoy. That’s if you enjoy virtual games. The more time you invest and the skills you develop using the platform, the more income you can earn. Hopefully we’ve given you a fun opportunity to work on your metaverse.

Why not check out our article on how to get a job in Metaverse, to explore more options?

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