Top Gaming Projects Entering Crypto Space with Play-to-Earn Concept

Top Gaming Projects Entering Crypto Space with Play-to-Earn Concept
  • bitcoinBitcoin (BTC) $ 29,998.00 1.03%
  • ethereumEthereum (ETH) $ 2,032.24 2.62%
  • tetherTether (USDT) $ 1.00 0.11%
  • usd-coinUSD Coin (USDC) $ 1.00 0.1%
  • binance-coinBNB (BNB) $ 299.02 1.15%
  • xrpXRP (XRP) $ 0.420936 2.94%
  • cardanoCardano (ADA) $ 0.565783 0.75%
  • solanaSolana (SOL) $ 53.98 0.45%
  • binance-usdBinance USD (BUSD) $ 1.00 0.28%
  • polkadotPolkadot (DOT) $ 10.90 2.75%
entertainment

Top Gaming Projects Entering Crypto Space with Play-to-Earn Concept

The game industry is the highest-grossing entertainment industry.

03/31/2022

The game industry is the highest-grossing entertainment industry. The gaming industry has taken the world by storm, with a stunning $145 billion in revenue. It is worth $155 billion as of the first quarter of 2022, News BTC reported.

During the current pandemic, the gaming sector thrived because many people worked from home. Computer-based gaming grew in popularity as more people switched to games that they can use their work computers to play.

Surging Gaming Trend

The games that saw a revenue boost had short, sweet and competitive gameplay loops. Games in which someone working could log on, play for a short amount of time and go back to work saw great success, Crypto News Australia reported.

In addition, the growing gaming trend will soon see the advancement of blockchain technology, as the idea of P2E (play-to-earn) was born.

P2E pays players for gaming using the platform’s selected token. The dollar value of these cryptocurrency tokens is strictly allocated based on the token’s rarity.

These tokens will be automatically available through the blockchain to a player’s account merely for playing. Normally, transactions are not allowed by the blockchain.

K4 Rally: Blockchain Racing Game

With its high-quality visuals and accessible computer specifications, K4 Rally, and its token $K4R are among the premier P2E projects. K4 Rally is web-based, which means that it can run on an older Chromebook while still looking amazing with its extremely detailed 3D models.

As a result, K4 Rally focuses on accessibility and also quality. Furthermore, the game has a variety of playstyles. A player can compete in daily and also weekly tournaments, collect rally cars and racetracks, bet $K4R for passive revenue, and so much more!

The race cars and also race drivers you collect are valuable and transferable goods that a player can gain.  These objects are NFTs (non-fungible tokens), which means they are like blockchain tokens. They can be exchanged, sold, and secured quickly through a player’s own account.

This means you’d play K4 Rally, win a tournament, obtain a rare rally car, and then be able to rent it out to other people for passive income, trade it, or do something else with it. NFTs are the foundation of this P2E game because they allow for flexibility and versatility in earning money.

By Elah Mae Ariate Wozinga Staff

Do you like the concept of Play-to-Earn of the gaming industry?

Created with Perfect Survey

Statistics - View the results

Leave a Reply

Your email address will not be published.

Open chat
Need Help?
Hell!
Can we help you?