Play-to-Earn Gaming: A Way to Incentivize Players

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MetaGamingGuild

4 min readJul 18, 2022

For billions of gamers around the world, in-game items hold an important place in their lives. These assets are more than just an enhancement for a player’s game; they represent status and achievement. These in-game assets are also a primary driver for many gamers to continue playing their favorite online games.

Ideally, the Play-to-Earn (P2E) model is a way for gaming companies to incentivize players through earning and owning digital items, giving them a bigger sense of accomplishment and ownership every time they play games.

At first glance, the play-to-earn model appears to be an interesting expansion of how online gaming could be monetized. However, we look at it as a way to increase revenue while rewarding two parties: game companies and their gamers.

Play-to-Earn and Reap Rewards

In most games, participants earn in-game currency and/or items as rewards. This can often result in a connection between the gamer, their progress within the game, and the items which they have invested real-world time into earning. One good example of a gaming company that implements this model is the MetaGaming Guild (MGG).

Play-to-earn models that the MetaGaming Guild is also using allows gamers to own their in-game assets and be rewarded for their farmed cryptocurrencies & time spent in playing.

In Focus: The P2E Gaming Model

This P2E model that MGG is using is based on the idea of players being able to explore and profit at the same time. The more your character explores at MGG, the more skill points you learn and the more money you make. But beware!

Learning just one skill will not help you in any other way than bringing in cash. You must explore more and pick more skills to become more powerful. Obviously, there have been games where this happened before but none of them were as unique as P2E because it has a very realistic economy.

It is difficult to come up with a way to economically reward time spent in games. The play-to-earn model helps solve this problem by leveraging scarcity and rarity of in-game assets so as to give gamers TRUEownership of their items.

The P2E model also enables gaming companies to develop a vibrant in-game economy where players can own and trade their digital items. It can be applied in different ways, from an offering that rewards gamers for time spent with recurring transactions to limit the cost of each item to a free-to-play mechanic that makes in-game assets rare.

The play-to earn model is a new and innovative paradigm that aligns the game creator and gamers. It is built on trust, fairness, and transparency. It creates a link between virtual goods and real-life value which has never been achieved before in the gaming industry.

Play-to-earn models could be the foundation of a new economy: one that allows everyone to play, win and earn.

Play-to-Earn with MGG!

MetaGaming Guild is your chance to make the digital games you’ve come to love an even more social, immersive experience! We’re a community of like-minded gamers who believe true ownership goes beyond simple game mechanics.

When you play with MGG, you are guaranteed to get competitive teams, win attractive in-game rewards, get a fair share from our gamer-centric profit model and be trained by our gaming coaches!

Get real-life opportunities when you join the community at MetaGaming Guild! Play for fun, meet like-minded individuals, get trained and earn lucrative rewards! Join the MetaGaming Guild and help shape the future of digital ownership. Read more: How To Become Our Scholar.

About MetaGaming Guild

MetaGaming Guild (MGG) is one of the world’s fastest growing GameFi guilds who’s on a mission to make game finance fairer for the masses.

MGG buys the best Non-Fungible Tokens (NFTs) from gaming startups and rents them out to a community of players through the scholarship program. With this, MGG scholars can access games without upfront costs, access early stage game tokens like VCs, and deploy their NFTs to automated yield.