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2024-12-04 11:22:51 34,992 views r/0000288📶 The Shift in GameFi: From Play-to-Earn to Play-and-Earn.
The evolution of each sector in the crypto industry is an inevitable outcome of shifting narratives and the constant rotation of leading projects.
This shift is also evident in the GameFi industry, which is gradually moving from P2E to P&E.
Let’s break down each model in detail:
➡️ Play-to-Earn (P2E) — The core idea is that every player can earn real money (in the form of cryptocurrency or NFTs) by completing in-game tasks.
The main issue with this model is its focus on earning. Players often don’t enjoy the process, instead grinding as much as possible to maximize earnings.
➡️ Play-and-Earn (P&E) — This model entered the industry to make gameplay more engaging and balanced. Essentially, P&E is an enhanced version of P2E.
The key feature is a shift in focus toward gameplay rather than endless earnings. This attracts higher-quality users from both the web2 and web3 worlds.
Notable examples of the transition from P2E to P&E include Parallel, Illuvium, and other pioneering games. They aim to create immersive and deep game worlds where players can not only earn but also enjoy the game.
What are the reasons for this model transformation❔
🔘 Players are tired of grinding.
🔘 Difficulty attracting players from the web2 world.
🔘 P2E's instability due to economic models that rely on constantly bringing in new players.
🔘 GameFi industry evolution and a demand for enjoyable gameplay.
❗️ In conclusion, the shift to the P&E model is a natural progression for the web3 gaming industry. To stay afloat, evolution and adaptation to new conditions and market demands are often necessary.
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