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| Play-to-Earn and Guilds are Redefining Gaming |
Before the growth in popularity of Axie Infinity, a blockchain-based play-to-earn game, one had to be a professional competitive player to profit from winning games. Team franchises were discovered, where native talent from their particular regions is developed, trained, and encouraged to win any competitive game's big prize. To establish a roster, a considerable amount of money is required. To be a member of that roster of 5, one must have extraordinary skills in the game, even if it means putting in thousands of hours to have the skill necessary to compete.
Gaming guilds like AGV, rather than team franchises, make it easy to play and profit. And, of course, it does not require a significant number of money!
NFTs and PLAY-TO-EARN
Today, simply playing a game might result in a player being rewarded with bitcoin. Within the game, assets can be created that can be used to play the game or utilized to create more assets.
It can increase one's rewards or even sell for a profit. These are known as NFTs or Non-Fungible Tokens, and they are tied to a particular wallet to be used.
The cost of purchasing these NFTs varies with every game. One of these NFTs would cost at least $100 in Axie Infinity, and you'd need three of them to play. However, there is a caveat: not everything in this price range will assist you in winning games!
Winning these games would provide players with a steady stream of cryptocurrency. Those that perform well enough can reach the top of the leaderboards, where the finest of the best are recognized for their dedication and expertise. The top 1000 players in Season 19 will be awarded a prize fund of roughly 15,000,000.00 PHP in Axie Infinity.
Of course, there are always new play-to-earn games to discover. To play and earn, most of them would require the purchase of NFTs. These provide participants with the opportunity to receive their ROI (Return-on-Investment) in as little as a month. On the other hand, some games are doomed to fail, while others are too large to fail and are supported by a slew of well-known investors. Some developers are looking to make quick cash, while others are thinking about the community that will be built and fostered for several years to a decade.
See Also: Meet the cute monsters of Monsta Infinite, a play-to-earn game
GUILDS OF GAMING
Gaming guilds come into play in this situation. These play-to-earn games have redefined what guilds are to allow others to play and earn! They're no longer in-game groups, where members only look for each other within the game. These guilds have evolved into authentic communities that are concerned about the well-being of each and every one of their members.
Guilds, such as AGV, raised money to acquire NFTs for respective games for those who could not access the game due to the enormous sum of money required to begin playing the said play-to-earn games. They then lend these assets to gamers who don't want or cannot pay for them outright. These gamers, sometimes known as academics, play on their own time, meet daily requirements and receive a sizable portion of the prize pool. Axie Scholars number roughly 2,000 in large guilds like AGV.
These guilds develop their own communities, which is crucial in NFTs and play-to-earn games. These contribute to the game's player base, growth, awareness, and improvement. Some games invest in their own community's development and have grown so large that multiple smaller communities have sprung out as a result — these are the ones that are here to stay.
GAMING IN THE FUTURE
The future of gaming is bright, and it isn't only for players. It includes single-player games, esports with large prize pools, and play-to-earn games. Although players are still the most crucial aspect of the games, there are new ways to make money in them, such as as a manager, a gaming guild, an in-game NFT breeder, a coach, an investor, a content developer, and so on. The gaming paradigm has evolved into a place where one can thrive, and AGV clearly leads the pack.
For more information, visit astraguild.io or follow them on social media at @astraguild (Twitter) and Astra Guild Ventures (Facebook) (FB and Discord).