Rapid Growth is a Challenge for Play-to-Iron Gaming. In the gaming industry, Reddit co-founder Alexis Ohanian recently raised some eyebrows. He predicted that, play-to-earn gaming would take over 90% of the market in five years. It on the “Where It Happens” podcast.
“In five years, instead of being harvested for ads or fleeced for money to buy ridiculous hammers you don’t own. You’ll be playing some on-chain,” he continued. A similar game that will be just as entertaining, but you will earn true value, and you will be the harvester”
Optimistic Prediction
Rapid Growth is a Challenge for Play-to-Iron Gaming. According to Ross Rubin, a consumer technology consultancy firm in New York City. There have been a number of experiments over the years with paying individuals to do various tasks. Like as watching commercials or playing games.
He went on to say, “Cryptocurrency, on the other hand, is more universally recognized than proprietary currencies.” “It also allows something to be done that was previously impossible.” It allows for paid contend. This may make play-to-earn gaming more feasible than in the past. But there are still a lot of complex aspects to contend with.
Getting Paid To Play
IDC’s gaming research director, Lewis Ward, expressed concern about the fundamental reason of play-to-popularity. earn’s. He told TechNewsWorld, “I don’t think these play-to-earn games are excellent games, motivating gamers to play them because they’re great games.”
“In the cryptocurrency realm, people are paying people to play games in order to boost the value of cryptocurrencies and their relationship to NFTs,” he claimed. “In that world, having a lot of liquidity. A lot of people buying and selling what you have to offer, gives other people confidence that it will rise.”
“What concerns me is that the desire in play-to-earn games is a type of self-dealing,” he continued. “In and around this arena, companies are paying people to play these games in order to drive up the value of coins.” It turns into a money-making venture.”
“Once you get into children and the extraction of crypto into fiat, this can cause a slew of legal issues,” he warned.
“That’s why there aren’t any play-to-earn games on the Apple App Store or the Google Play Store,” he explained. “The platform owners don’t want to become involved in something so unclear from a legal standpoint and risk facing lawsuits down the road,” says one source.