According to the creator of Crypto Unicorns, P2E videogames are still in their early stages

As the excitement covering play-to-earn gameplay and systems started to fade in 2022, Web3 attendees began to insist on the importance of games being more enjoyable and a little less financial. In the latest show of NFT Steez, Ray Salmond and Alyssa Expósito discussed the viability of P2E-focused cryptocurrency gameplay with Aron Beireschmitt, the Chief operating officer of Laguna Games and founding member of Crypto Unicorns.

According to Beireschmitt, the transition from just a play-to-earn to something like a play-and-earn framework indicates that there remains room for experimenting and developing these video games. Very little has shifted in terms of game development, according to Beireschmitt, but with blockchain systems, virtual currency natives and players can now enjoy, possess, and possibly generate revenue from such play-and-earning concepts. The more significant question is whether it is viable.

Concerning the transition in attitude toward P2E or how these Crypto Unicorns are pursuing it, Beireschmitt stated that the company is measuring a route to self-sufficiency by combining economic farming modeling with genuine skill-based video game loops to entice more consumers into its environment. As per Beireschmitt, these videogames loops must not only possess a vestige of shape and function, but they must also be engaging and enjoyable for gamers.

He did, nevertheless, admit that blockchain technology video games are not suitable for some people, and Crypto Unicorns’ intended audience is more akin to people who are virtual currency natives.

As per Beireschmitt, there’s an absence of considered advantages for free-to-play video games, which means that developers focus on deriving resources from the small number of gamers who spend money on free-to-play video games. This imbalance creates a conceptual discrepancy, as Web3 videogames allow gamers to achieve a new degree of independence and possession over in-game goods, resources, and talent.

According to Beireschmitt, this allows the play-and-earn framework to appeal because gamers can earn money while having fun in their beloved game. Web3 also allows for player origins and possession, and with a governance framework, gamers and attendees can now take control of the video game, environment, and IP.

A working progress

Often these play-and-earn titles have had difficulty with in-game economic systems. Beireschmitt clarified that one component that assists the interplay among active and passive gamers when addressing the requirements must be met for in-game financial systems to be profitable in the long run. Passive gamers are individuals who invest in current players to advance in the video game.

Beireschmitt, on the other hand, highlighted that for the interplay to be viable, skill-based video game loops and coin sinks should be executed, as this makes the gamer return to the industry and environment. Often these play-and-earn games, according to Beireschmitt, remain in the process of transitioning from the growing stage to the later stages, but he is optimistic about the years ahead!