The Benefits Of Play2Earn Gaming
Gaming is a multi-billion dollar industry, rightfully so, offering entertainment and employment for many people within this digital era.
With an estimated market value of roughly $173.7 billion, the gaming industry has and is significantly growing, but there is still room for improvement. The one limiting factor when it comes to gaming is the lack of rewards. Sure, you get loot boxes and maybe a skin here or there, but you generally have to buy many of the assets in the game. This means that gamers are very often not benefiting from gaming, aside from the entertainment it brings. In a perfect world, gamers would be able to earn for doing what they love. With the current climate, only game developers and competitive players are finding ways to earn. But as the evolution of Blockchain technology rolls in, gamers are finally seeing some form of solution. A way for all gamers to benefit from what was once considered a fun hobby.
The answer is simple, Play2Earn gaming.
How Does Play2Earn Work?
In order to understand why Play2Earn is so beneficial, we must first understand what Play2Earn is and how it works. So let’s take a deep dive into it.
Imagine you could earn for all your achievements and time spent on a game, and then were able to use those earnings in the game, or even better, withdraw your rewards. This new generation of gaming gives players the opportunity to generate revenues by partaking in games. This is why Play2Earn is becoming more and more popular. Basically, Play2Earn focuses on:
- Rewarding skilled players for engaging and playing games, these rewards usually come in the form of in-game currencies or assets.
- Enhancing the ownership of digital and in-game assets, so players can fully own, trade, and monetize their assets.
- Creating transparent in-game economies where gamers can see what is happening to the game and have a say in it.
There are many other benefits surrounding Play2Earn gaming that has led to its hype within both the gaming and cryptocurrency community. The logistics are simple but very effective in evolving each respective industry. This is why Yield Yeti is so passionate about Play2Earn gaming.
The Future Of Play2Earn With Yield Yeti
This avenue of gaming has the most potential to elevate and excel, and that is why it is the future of gaming.
Play2Earn gives gamers a chance to generate revenue for doing what they love, allowing more people to earn on gaming outside of competitions and development. Yield Yeti loves this concept and is fully embracing the Play2Earn future for users. Not only is Yield Yeti embracing Play2Earn gaming as a way for users to get rewarded, but is also offering multiple streams of yield optimization to increase those rewards. Players can make use of the gaming guild, Yetiverse, and NFTs to earn for gaming. Players can then also use the liquidity mining, yield farming, and staking features to increase their profits. Overall, Yield Yetis’ approach to gaming and rewards is set to create an ecosystem with so many potential ways to earn from your gaming experiences.
Yield Yeti is adopting the future, a future where people get paid to do what they love, embracing their inner Yeti along the way.