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| Name | Blockchain Games Explained: How P2E Works & Its Issues |
| Video Uploader | Video From Blockchain Animations by NFTexplained |
| Upload Date | This Video Uploaded At 20-04-2023 13:00:34 |
| Video Discription | In this video about “Blockchain Gaming”, aspects like NFTs, DAOs, and interoperability are explained. Existing play-to-earn models (P2E) like Axie Infinity, among others, are explored. Moreover, this video explains how blockchain technology is transforming the gaming industry. The video covers different blockchain gaming business models, such as the metaverse model, play-to-earn models, and membership-based models, that gaming companies have adopted. This video explains the different aspects of blockchain technology used in games, such as non-fungible tokens (NFTs), blockchain game's native cryptocurrency, and how these games are profitable. This video uses two blockchain-based games, Decentraland and Axie Infinity, as examples to explain how these business models work. Additionally, the video highlights some challenges with play-to-earn models, such as oversupply, a decline in new players joining the game, and the issue of making the game “pay-to-win". Overall, the video provides a detailed overview of how blockchain technology is shaping the future of the gaming industry. If you enjoyed our content or learned something new, we would appreciate if you connected with us on our socials: Follow our team on Instagram: https://www.instagram.com/nftexplained.info/ Follow our team on Twitter: https://twitter.com/nftexplained Follow us on TikTok: https://www.tiktok.com/@nftexplained.info Consider doing business with our partners: Get A Ledger Hardware Wallet: https://shop.ledger.com/?r=d875a3c2bc6d Get Two Free Stocks On Webull: https://www.webull.com/activity?inviteCode=wz1WdkpNhJvL&source=referral U.S. Users Can Get A Trading Discount On Binance: https://www.binance.us/register?ref=53773826 Music by CreatorMix.com #blockchaingaming #playtoearn #p2e [dEMcL6aU134] |
| Category | Education |
| Tags | Blockchain Gaming | Play to earn | P2E | Axie Infinity | Crash of axie infinity | how play to earn works | problems with play to earn | decentraland | NFTs | DAO | Decentralized finance | NFT explained | blockchain games explained | Blockchain and gaming | how the blockchain will change gaming | sandbox | metaverse | web 3 | Decentralized | interoperability | MANA | governance tokens | NFT marketplace | OpenSea | SLP | Decentralized exchanges | Problems with play to earn | Blockchain gaming is the future |
