-
Deja's Blog
-
Jul 6th 2024 at 8:15 AM
What are Play to Earn Crypto Games?
These unique games have native tokens supporting game economies. You buy, trade, sell, and play with these in-game currencies.
However, some games are premium, needing an initial investment to start with, while some can be played for free.
Notably, most of these games are in early development, especially if you compare the graphics with traditionally top-level PlayStation or Xbox titles. So you’re a few years early if expecting a good-looking crypto game.
But keep the focus on the economics, and the rewards can be enough to keep you hooked.
How to Verify a P2E game?
This is an entirely new era. So, there are bad projects trying to steal, and it’s imperative to check the legitimacy before investing anything.
The first thing to check is Tokenomics. What’s the total token supply, the release cycle, incentive to hold or stake, other use cases, etc.
An unlimited token supply may not be a good thing to start with. Moreover, staking and holding need to be rewarding to keep people invested.
However, there is no fixed recipe to judge a game’s future. But avoid investing big at the start, and don’t go in with an amount you can’t afford to lose.
Because crypto is one of the riskiest investments ever seen in these times, do a proper background check if the stakes are high enough for you. -
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Deja's RSS Feed
Jan 5th 2025 at 2:52 PM
Nov 22nd 2024 at 7:05 AM
Nov 21st 2024 at 12:28 PM
Nov 17th 2024 at 11:18 AM
You must Login to add a comment.