Getting Rich by Playing Games
There’s a lot of potential for blockchain based gaming, but there’s also some misconceptions about turning a profit from them.
Ever since Crypto Kitties created their blockchain based tokens on the Ethereum blockchain, people have been trying to come up with the next big thing in blockchain gaming. A lot of games have been fairly simple collectible games. Others, especially on the Tron blockchain, have really been casino games focused on gambling.
There’s some thought that because a blockchain game uses cryptoassets, a player might be able to make some cash off these games. Moreover, a lot of these games are “free” and use a “play to earn” model, so a person might wonder if they can generate some real money from the platform.
What Can I Bring to the Table?
Why should I be able to turn a profit just from playing a game? What do I provide to the game, the others players, or the broader population? Anyone who wants to turn a profit has to have something that someone wants, as well as a way to make sure that people don’t go somewhere else to get it.
Early Adoption
While these platforms are generally free to play, they also generally provide various materials…