Gaming: From “Play-to-Earn” to “Play-and-Earn”

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Category: Art

Description

The first generation of Web3 games (like Axie Infinity) proved demand for asset ownership but failed due to unsustainable economic models that felt more like digital labor than fun. The crash was a necessary reset. The 2024 trend is a pivot to "Play-and-Earn," where the game must be genuinely fun first. Blockchain is used invisibly in the background for asset ownership (NFTs) and open economies, rather than being the primary gameplay loop. We are finally seeing games developed by experienced studios with real budgets hitting the market. The critical test: Can they attract mainstream gamers who currently view NFTs with deep skepticism?

Highlights

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