What is P2E?

Welcome to play-to-earn games, where players win crypto from skill-based game-playing on blockchain games. Unique features of play-to-earn blockchain games are:

• Not free to play - Players need to acquire GameFi NFTs for gameplay

• Skill - Winning is skill-based (not luck)

• Players earn at different levels - Games do not just reward the best players competing at the highest level, they reward players competing at equivalent levels

• Winnings - Players win game tokens and bonus play-to-earn NFTs

• NFTs - All game assets are NFTs with their own independent value

Think about Pokemon, Cryptokitties, Uniswap and Beeple all coming together in one big metaverse.

On average, a new player can earn about $10 a day and a skilled player can earn more than $30 a day:

No of days playing	New player winnings	Skilled player winning
100	US$1,000	$3,000
200	US$2,000	$6,000
365	US$3,650	$10,950

In developing countries, this phenomenon has been an especially powerful gift to young players and their families. It is literally pulling players out of poverty. It’s hard to convince them to go to school sometimes, one would imagine.

The market capitalisation of P2E games is now over $14 billion, with a daily volume of over $4,000,000.