
Crypto investors can now profit from P2E games without ever having to play them
Zara
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<p>In the years 2020 to 2021, two things happened. Cryptocurrencies exploded to record valuations as a result of the global healthcare crisis. </p> <p>By mid-2021, the price of Bitcoin had risen to over $68k, bringing the total value of the sphere to more than $2.1 trillion. Simultaneously, following various governments' directives to lockdown in desperate contagion measures, people all over the world found solace in gaming. </p> <p>According to research findings, over £2.1 billion was spent on video games alone in the United Kingdom in 2020, representing a significant increase from the previous year. From Animal Crossing to Fortnite to Call of Duty, video games have become a popular form of digital interaction and convenient entertainment. </p> <p>Crypto Gaming Seeks a Piece of the $180 Billion Industry </p> <p>The rise of blockchain gaming, however, was a notable development in all of this. According to InvestGame, private investment in the sector tripled to more than $17 billion in the first half of 2021. </p> <p>Blockchain gaming, also known as cryptocurrency gaming, is a new gaming model that replaces the traditional gaming model by putting the gamer first and compensating them for their efforts. Analysts believe that in a gaming industry worth more than $180 billion, the growing popularity of cryptocurrency gaming will gradually see associated games carve out a decent market share, directly increasing their valuation. </p> <p>Why is Blockchain Gaming so popular? </p> <p>The implementation of the blockchain as the equalising layer is directly related to the success of blockchain gaming. </p> <p>By leveraging a decentralised foundation, game developers are free to create exciting and interactive games that incorporate non-fungible tokens (NFTs) as in-game items, cryptocurrencies, and even decentralised finance (DeFi), allowing gamers to earn money from their interests. </p> <p>Because NFTs can be exchanged for fungible tokens such as ETH or BNB. As a result, marketplaces serve as a bridge between the
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Crypto investors can now profit from P2E games without ever having to play them
Zara