According to Hyunsoo Kim from Cryptonews, P2E gaming is also one of the most popular ways for investors to earn rewards from the blockchain. The main difference between money-making games and regular online games is that they reward investors with cryptocurrency tokens, which can be exchanged for fiat currency (Source: https://cryptonews.com/kr/cryptocurrency/best-p2e-games/).
With P2E games steadily growing in popularity, it’s important for players to know what skills and strategies can help them maximize their winnings. Let’s explore.
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How P2E Games Work
P2E games operate on blockchain networks, which ensure transparent and secure transactions. Players can earn rewards in the form of cryptocurrencies, non-fungible tokens (NFTs), or other assets such as characters, weapons, or land. The assets that are earned in P2E games are unique and can be traded with other players within the game or on external marketplaces. Play-to-earn games can be either role-playing games (RPGs), virtual land ownership games, or card games.
Whatever type of game it is, maximizing earnings requires strategic planning, dedication, and some understanding of the game.
P2E Card Games
P2E card games often combine traditional card game mechanics with blockchain technology, allowing players to earn cryptocurrency or digital assets through gameplay. One such card game is Splinterlands, which allows players to earn money through tournaments, ranked play, and quests. In the game, players must collect a deck of cards that they will use to battle against other players. Each card has a unique ability that makes characters stronger and more likely to win during a battle. Besides cash prizes, winners also stand the chance to win card packs, collectible cards, magic potions, and Dark Energy Crystals (DEC).
Skills or Strategies for Maximizing Earnings in P2E Card Games
The following strategies help in maximizing P2E card game earnings:
1. Strategic Asset Management
Players can make money by selling collectible rare cards they acquire through gameplay in marketplaces like OpenSea. In games like Splinterlands, they also have the option of renting out the cards to other players. Study the in-game assets so that you do not trade or sell your most valuable possessions unknowingly.
2. Understand how the Game Works
Familiarize yourself with how the game is played and its objectives.
3. Building a Competitive Deck
If you want to win, you should create decks that are stronger than your opponent's. If you do not have a deck with strong cards, you can buy them or rent them from other players. By renting cards, you can have access to powerful cards.
Other P2E Games
Besides card games, there are other genres of P2E games, such as role-playing games. These genres include games like Axie Infinity, Decentraland, The Sandbox, Illuvium, and many others. Each game has its own unique game mechanics and objectives but follows the same strategies to maximize earnings.
Skills or Strategies for Maximizing Earnings in Other P2E Game Genres
The following strategies help in maximizing other P2E game earnings:
1. Understand the Game Requirements
Ensure that you familiarize yourself with the rules so that you do not get penalized or banned. Find out what the game objectives are and strive to meet them so that you can win against your opponents, especially if it is a multi-player game.
2. Manage your Assets
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Since many P2E games require an initial investment, such as buying characters or virtual land, try and evaluate the potential returns before you commit your money. P2E games can be treated as an investment because of their earning potential.
3. Manage your Time
When choosing activities to participate in, prioritize the highly rewarding ones, especially if they are single-player tasks. Focus on tasks or quests that will earn you the most valuable rewards. If you participate regularly, you are assured of a steady income through daily quests or events.
4. Collaborate with Others
Battle arena games encourage collaboration by unlocking special rewards or a share of resources through guilds or teams. These special rewards are locked for single players. Take part in tournaments to increase your chances of winning assets and also improve your chances of getting noticed by players from more powerful guilds.
5. Technical and Strategic Skills
Make it a habit to study your opponent's behavior when you are playing a competitive game. This will help you adjust your tactics accordingly and increase your winning chances.
6. Buy and Sell Assets
Buy undervalued assets and sell them to other players at higher prices, or sell items you do not need.
7. Stay Informed about the Latest Game Developments
Staying informed of the latest game developments ensures that you adapt your strategy accordingly. You can also learn about new or upcoming developments in game forums or social media groups.
8. Minimize Costs and Risks
Many games that use blockchain technology charge gas fees or transaction costs, so choose platforms with low fees to maximize your profitability. Before signing up on any platform, be sure to research its credibility and the developers behind the game to avoid losing out to scams or fraudulent projects.
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