A play-to-earn model is a monetization strategy in which players can earn real-world value through their in-game activities.

Prior to recently, this value has existed within a vacuum in the form of digital assets such as in-game items, currency, or collectibles, which can be owned and traded by players; however, that value has remained inside the game.

Blockchain technology has allowed this value to break out of the vacuum and provide utility to their players in more meaningful ways than ever before. Non-fungible tokens (NFTs), are often used to create and manage these digital assets, as it allows for the creation of unique, one-of-a-kind items that can be easily tracked and traded on a public ledger. NFTs are typically built on top of a blockchain protocol such as Ethereum, and can be created, minted, and traded using smart contracts.

This allows for the utilization of web3-based marketplaces enabling your in-game assets to be owned and traded by players outside of the game.

In turn, increasing player engagement and retention in your game, as players will have a sense of ownership and investment in their in-game items, allowing you to open up new revenue streams, and allow for a more equitable distribution of value between players and game developers.

Our expertise in building and auditing NFTs and smart contracts ensures that your in-game assets are secure, easily managed, and tradeable on web3-based marketplaces.

Let us help you increase player engagement and retention, open up new revenue streams, and provide a more equitable distribution of value between players and game developers. Schedule a call with us today to see how we can help bring your play-to-earn model to the forefront of the gaming industry.