Play-to-Earn
- THE FUTURE OF GAMING
How does it work and how this new concept is changing the gaming industry and providing new opportunities?
How does it work and how this new concept is changing the gaming industry and providing new opportunities?
P2Earn is a company running a gaming guild. A gaming guild is a community of play-to-earn gamers working together to maximize their earning potential. P2Earn manages the guild and provides players with the necessary resources to enable them to jump into potentially earning money instead of starting from scratch.
Members of the guild can “borrow” resources, such as accounts, armor, weapons, cards, ingame currency, characters, and other digital assets to maximize their ability to earn more assets in various games. P2Earn manages the sale of those earned assets and splits the profits with the player.
Play-to-Earn Gaming is a new gaming model that enables players to earn digital assets, virtual currencies, and other rewards by playing games. In this model, players can sell, trade, or exchange their earned digital assets for real-world money or other in-game items. Play-to-Earn Gaming is the next evolution of gaming, where players truly own what they have within each game.
Player buys, grinds, or borrows in-game assets to start playing games. Some join guilds (P2Earn) to get a head start by acquiring needed resources.
Player does quests, farms, raids, tournaments, competitions, etc. to earn more in-game assets. Digital assets can vary from in-game currency, cards, items, collectibles, skins and characters.
The ownership of the digital assets are verified by the blockchain and cannot be duplicated. These can then be traded or sold in online marketplaces.
Play-to-Earn Gaming works by using blockchain technology, which enables the creation of decentralized digital assets that can be owned and traded by players. The blockchain serves as a secure and transparent public ledger that tracks the ownership and transaction history of these digital assets.
Every in-game asset is logged on the blockchain (public ledger)
The blockchain securely tracks ownership and transaction history
The asset is stored as an NFT (non-fungible token), which cannot be replicated
Items are traded or sold on online marketplaces for real currency
One example of Play-to-Earn Gaming is Axie Infinity, a popular blockchain-based game that allows players to collect, breed, and battle creatures called Axies. Players can earn in-game tokens called Small Love Potions (SLP) by playing the game, which can be exchanged for realworld money.
Another example is Gods Unchained, a digital trading card game that allows players to buy and sell unique and valuable digital cards. These cards can be used to play the game, traded with other players, or sold for real-world money.
P2Earn operates on a shared profit system that allows both the company and the gamer reap the most rewards. P2Earn provides players with digital assets and financial backing to ensure their success. By equally sharing any profits generated, P2Earn creates a mutually beneficial relationship that incentivizes players to strive for excellence and rewards them accordingly, while simultaneously driving growth and success for the company.
NFT Assets are sold on online markets such as OpenSea, Rarible, SuperRare, and more. These marketplaces allow users to list their NFTs for sale and set a specific price, which can be paid for using cryptocurrency such as Ethereum. Once a buyer purchases the NFT, the seller receives payment in the form of cryptocurrency, which they can then convert into cash through a cryptocurrency exchange. Some NFT marketplaces also offer the option to sell NFTs through auctions, where the highest bidder wins the NFT and pays the seller in cryptocurrency.
Play-to-Earn Gaming is an exciting new concept that has the potential to change the gaming industry by enabling players to earn money while playing their favorite games. With the use of blockchain technology, Play-to-Earn Gaming provides a secure and transparent platform for players to own, trade, and exchange digital assets. The future of gaming is here, and it’s Play-to-Earn Gaming.
p2earncorporate.io
For investor inquiries contact: investors@p2earn.io