Warrior Game — Benefits of P2E Tokens.
P2E (Play to Earn gaming) Video/NFTs games are virtual worlds gamesthat gamers play for crypto token rewards. Some games require an investment in tokens or NFTs, while others allow people to earn crypto by playing.
WHAT IS A P2E TOKEN?
A P2E token is what you get in return for you playing a P2E game. These tokens are a key part of play to earn games where you get rewards that potentially have a real world monetary value.
A P2E token will normally come in the form of a Coin or a non-fungible token (NFT). This is a unique piece of data that is created and stored on a cryptocurrency blockchain. The token can come in the form of any digital information such as an avatar, a weapon or even a video
WHAT IS ITS WORTH?
A P2E token has no specific worth as its value is entirely based on demand. So if nobody else in the world wants your P2E coin, then it is completely without value. However, if lots of people want your P2E token, then you’ll find that it is a valuable asset. We’ve already seen NFTs of digital artwork being sold for millions of dollars, and there’s no reason why the same couldn’t happen for a P2E coin.
Play2Earn like the warriorgame is a token-based cryptocurrency that allows you to earn valuable, exchangeable crypto assets and rewards by playing the game. It is a profitable and rapidly growing way for gamers to earn rewards for their skills and dedication.
Gratitude to the emergence of blockchain technology and the more recent phenomenon of web3 gaming, we can start to picture the impact this will have as value is shifted from developers and publishers back to gamers via Non-Fungible Tokens (NFTs).
Use Cases of P2E Tokens
A prudent question to ask here is, “Why do we need tokens and blockchains in the good old gaming ecosystem?” Turns out that blockchains enable certain use cases which otherwise won’t have been possible.
1. True ownership: If it were not for tokens, your in-game assets would have been in the custody of the gaming company. In other words, they have the right to control or get rid of that asset. All you can do is watch that happen from a distance.
However, gaming tokens now offer you an opportunity to prove your ownership of those assets. This ownership can be really helpful in case of hacks and failures.
2. Trade-ability: When was the last time you earned some real-world cash because of a stupendous performance in a game? Now you can. These tokens also enable the secondary sales of in-game assets. You could now sell your level 42 (say) sword to a newbie willing to pay to advance faster in the game. You can list your items in the marketplace within the game or on any platform that allows buying/selling of NFTs. So you end up with a more secure, wider distribution network.
3. Hold and earn: And what if you are not a gamer? Is there no way you could take part in the burgeoning gaming industry? Thanks to these tokens, now you can. Simply buy them on a crypto platform and wait till the price appreciates. This is a function of the token model and all the due diligence.
4. Monetary incentivization: Some folks in the many countries have actually adopted P2E games as a legitimate career option. That’s how big the potential is. You can not only entertain the gamers but also give them the option of picking these games as a full-time gig if need be.
5. Customer acquisition: Since blockchain transactions are completely transparent, it offers a great opportunity for cross-brand promotions. Say you come up with a game and believe it is better than any of your competitors. You can run hyper-niche campaigns to promote that.
Simply tap into the competitor’s blockchain data and find the people who would be most interested in your offering. You can do this by analyzing their on-chain transactions. Airdrop your tokens to them, and viola! You have managed to get a foot in the door like never before.
About Warrior Game.
Warrior is a 3A MMORPG & open-world game based on blockchain technology, it enables users to participate in gaming activities that will allow them have fun as well as earn from carrying these activities.
