Last updated on February 12th, 2024 at 12:23 pm
In the past few weeks, the Metaverse and Play-To-Earn (P2E) games have been making the rounds even in mainstream media, with household names like Meta, Microsoft, Disney, Nike announcing plans to launch their own Metaverse.
While the mainstream media has only recently caught on to the value proposition of P2E games, they have been around for a long time. With games like Axie Infinity helping users earn a livelihood, the concept was bound to blow up sooner than later.
This article discusses what play-to-earn games are, how they work and how players can expect to earn by playing SolChicks, a P2E game built on the Solana blockchain.
Let’s dive in!
What Are Play-To-Earn Games?
Play To Earn Games are blockchain-based games that allow players to earn crypto by playing the game. Typically, users are rewarded with crypto or NFTs that players can trade in the marketplace.
The core idea of Play-To-Earn games is to reward players for putting in the time and effort to play and complete the game. Undoubtedly, the P2E business model is unique to gaming as it combines two activities that humans are fond of – money-making and entertainment.
Moreover, keeping up with the ethos of Web 3.0, P2E games also give ownership to the players as typically, in order to play the game, a player must own an NFT of the collection, which is limited in supply. For instance, SolChicks is a Play-To-Earn fantasy game on Solana powered by its NFT collection of SolChicks, which is limited to 10,000 where each SolChick has a unique design.
How do Play-To-Earn games work?
The Play-To-Earn business model enables players to earn crypto and take ownership over in-game assets like NFTs. Moreover, by actively playing the game, it allows them to increase the value of the assets.
P2E games offer financial rewards to players for playing and progressing in the game. While each game has its own reward mechanism, typical rewards in a P2E game include the game’s native token and generation of tradeable NFT items. For instance, if a player is playing SolChicks, they can earn SolCoins by playing the game.
Play-To-Earn With SolChicks
SolChicks is an online battle royale-style game that has adopted the P2E business model and has its native token SolCoins and SolChicks NFTs at its core. While there are multiple ways for players to participate in the game, the gameplay largely revolves around Player Vs. Player (PvP) battles were players in the game battle against other players of similar skill levels.
By playing SolChicks, players can expect to earn and gain rewards through:
i. Earning the in-game currency – By playing the game, users can earn SolCoins, the in-game currency of SolChicks. Players can then use these SolCoins for the following:
- Power up their SolChick NFT Avatar.
- To purchase rare and powerful items from the marketplace.
ii. Earning in-game rewards – Players can earn in-game rewards which can later be traded on real-world exchanges. Some in-game rewards include:
- Shared of Love (SSLC) – Users can earn these rewards by maintaining weekly pet happiness levels and winning battles in the PvP battle royale field.
- Earning Tomes of Power ($SPOWER) and Tomes of Relearning ($SLEARN) by winning battles and selling them in the marketplace.
iii. Breeding and selling SolChicks – Users can spend $SLC and $CHICKS to breed new SolChicks and sell them in the marketplace.
iv. Earning $CHICKS – Users can also earn $CHICKS, a governance token, by playing the game and performing well in the weekly leaderboard / MMR rankings.
Play-To-Earn With SolChicks
In Conclusion…
- While there are many other P2E games, SolChicks stands out because of its dynamic gameplay, popular NFTs, a large and active community, and the speed + low costs of playing the game as it is built on the Solana blockchain. The game is currently in development. However, users can experience a glimpse of what lies ahead by playing the SolChicks Game Demo.
So do you own a SolChick? Are you excited to play the game?
Comment below and let us know more!
If you would like to read more articles like this, follow DeFi Planet on Twitter and LinkedIn.