Jan 8th 2022 10:05
Shibarmy P2E Endavours - Play To Earn
Why are we doing it?
An increasing number of players are migrating to Play-To-Earn games which have fueled a modern digital economy, where active users can create, sell or exchange in-platform assets in return for money.
The value proposition of P2E and blockchain games is clearly attractive to many and is the reason why we think the Shibarmy Community deserves that we take this approach you.
What are Play2Earn Games?
No surprise here, Play to Earn Games are exactly what the name already indicates- games where users are paid to play. We put users at the center of the entire economic engine, creating a player-owned-control dynamic that hasn’t existed until 2021.
In conventional games, players are at the mercy of the decisions made by developers and gaming companies what happens to the money invested you can’t transfer your hard-earned items to another game, exchange them on a third-party marketplace or simply cash out
Take a look at some of the unique characteristics that set P2E apart from traditional gaming:
- Asset Ownership: Players retain exclusive ownership over all of their digital assets and control all in-game economics.
- Digital Assets have real-world value: NFTs fulfill a crucial role in P2E gaming. Gamers can mint new non-fungible tokens, customize them, sell or buy on the open market, and exchange them for cryptocurrencies.
- Fair gameplay: Blockchain-based games are by nature decentralized and transparent, where all users enjoy a similar opportunity and are able to affect the future of the game.
How do Play2Earn Games work?
As all transactions typically take place on the blockchain, ownership, and authenticity of in-game digital assets can be always verified. Using the blockchain makes it easier to move in-game assets meaning the player enjoys numerous opportunities to monetize their collection.
How Play2Earn profits you
Earning crypto through gameplay: Players can collect game assets as they keep playing and also take part in tasks, contests, competitions, duels, and many other activities for which they are rewarded with a currency. It scales well with time spent with the game
Earning in-game assets in the form of NFTs: P2E games contain valuables like NFTs, from creatures, skins, skills, and virtual property. The rarer they are, the more valuable they become. Users can buy, sell or trade their NFTs through decentralized marketplaces.
Earning crypto by trading your assets: Many NFTs have become a financial asset that, in many ways, mirrors real-world assets. By trading them you are able to earn cryptocurrency in return.
Play-To-Earn Games are a massive step forward
It’s obvious that the spirit of gaming has changed; players want to occupy a more critical role in games. They want to manage the assets they’ve worked hard to collect. Being a gamer has become more entrepreneurial than ever, earning for digital gamification and ownership, while collecting valuable items.
Digital Content Creators can be involved in every necessary step of the way, from giving rise to new assets to their pricing and even getting paid for secondary transactions on their creations in the form of NFT royalties. This offers a new level of financial freedom since everyone maintains the possibility to instantly become a paid designer in a decentralized fashion.
What we have planned next
While creating the first NFTs we got in contact with designers, which will produce more art for our community, with this in mind we are aiming to release our first P2E game within Q1 of 2022.
We are going the route of most availability for our target audience, which means the game design will be resolved around a mobile game, that includes our original Shibarmy branding and includes many new and exciting visuals and collectibles.
Follow us to stay in touch with our development
https://twitter.com/shibarmybsc?s=21
https://www.youtube.com/channel/UCaLMFOIqF5VHo4zVrIO_ydQ
https://shibarmybsc.medium.com/
https://www.reddit.com/r/ShibArmyBscToken/
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