Is Play-to-Earn the way to go with blockchain game economics?

P3E or Play to Enjoy — Engage — Earn vs. P2E

With the gig economy taking its swing in a number of emerging countries heavily struck by Covid pandemic, Play-to-Earn (P2E) has taken the world by storm especially among “untraditional gamers” in the Philippines, Venezuela and Vietnam like drivers and teachers. P2E has apparently become a must-have item in investors’ checklist when it comes to staking in a blockchain gaming project.

The prospect of being able to play a game and earn a decent earning out of breeding your cute pet sounds daunting to say the least. Due to the reward volatility and competitiveness of the blockchain gaming market, the question is whether this Play-to-Earn is for everyone to spend their hard-earned money on. As crypto enthusiasts and gamers turn game developers, we want to break down the narrative of this Play-to-Earn and explore what should be a sound and sustainable explanation of where this “Earn” comes from.

Play-to-Win first. To begin with, we feel the gaming industry has successfully transitioned from the Pay-to-Win trend to the Play-to-Win trend. People were once led on to buy a large number of loot boxes and stake their money on a remote chance of winning. A lot of modern games have established several quests, objectives, and campaigns to ensure that gamers must sweat and cry in order to win.

…..then Win-to-Earn. What’s fascinating is how this “Win” becomes “Earn.” The majority of crypto newcomers enter the market simply because they smell money in the air or because their neighbor whispers something in their ears. Nonetheless, we believe that no game is complete without challenges, and as money does not grow on trees, there is no way to “earn” without putting in effort. There is a major dearth of teaching for gamers regarding the meaty but challenging element of “Earn,” whether intentionally or inadvertently. Setting the right mindset for gamers and gamers-to-be is as critical as appealing them to join the game.

A game won’t last long if its players rely on the hard work of their other players or the volatility of cryptocurrency. Last but not least, a game can only be FUN and SELF-SUSTAINING if individuals are genuinely captivated by game design and game play aka the GAME itself. Any derivative like earning or rewards would come natural and sustainable if we can guarantee the original joy and healthy community of avid gamers.

At Duelist King, we aimed to advocate for P3E instead of P2E — Play to Enjoy — Engage — and lastly Earn. The main reason is we think P2E is not as fun as when you can submerge, engage with the community and get rewarded for what you love to do!

ABOUT US: Powered by in-house Decentralized Autonomous Organization (DAO), Oracle and Random Number Generator, Duelist King offers dual values for investors from token utilities and card sales (projected at roughly 40 million USD). Duelist King aims to transform the way people buy, collect, play, trade, contribute designs and earn in card games.

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