Gamers prefer earning Bitcoin in games and not NFTs

The blockchain gaming space has boomed in popularity over the past few years. One of the main features behind these games is non-fungible tokens (NFTs), which allow the players to earn passive income through a play-to-earn model. However, it turns out that gamers prefer to earn cryptocurrencies such as Bitcoin when playing these games.

Gamers’ sentiments on play-to-earn

The integration of blockchain and traditional games has not been seamless, as gaming developers and some gamers have opposed the integration of NFTs. However, many gamers have said they are willing to play NFT games if they can earn cryptocurrencies such as Bitcoin.

A study by Zeebedee, a fintech company, examined gamers in the United States. The study measured US-based gamers’ exposure to cryptocurrencies and their thoughts about blockchain gaming.

The study revealed that 67% of the respondents said they would be willing to play free blockchain games if offered cryptocurrency rewards. Another 45% of the respondents also said they were willing to trade in-game characters and other in-game items with other gamers. 23% also said that blockchain games could have a negative impact.

Besides assessing players’ thoughts on NFT games, the study also looked into the gamers’ interest in earning passive income from these games. The study revealed that 27% of the respondents were willing to earn Bitcoin when playing these games. Only 5% of the respondents said that they were willing to earn NFTs.

High interest in Bitcoin

This shows that most players were willing to earn cryptocurrencies when playing P2E games compared to earning digital collectibles offered mainly by these platforms.

The chief strategy officer at Zeebedee, Ben Cousens, noted that one of the main issues addressed in the survey was that most gamers had a positive or neutral opinion about cryptocurrency rewards. Cousens also noted that interest in Bitcoin was particularly high. While most of the attention was on NFTs, gamers were more interested in Bitcoin.

“Despite the bulk of industry attention being focused on NFTs, we found that Bitcoin stands out as the most popular decentralized asset amongst gamers when compared against other cryptocurrencies, including NFTs,” Cousens added.

The researchers also found that while gamers were interested in cryptocurrencies, only a few respondents held any cryptocurrencies. 55% of the respondents said they did not hold any cryptocurrencies, while the others revealed that they held cryptocurrencies like Bitcoin, Ethereum, and Dogecoin.

It is not the first time that gamers are showing interest in using and earning cryptocurrencies within the gaming world. A survey released mid this year revealed that one out of every three gamers was interested in using crypto assets within the metaverse. The survey also revealed that the concept of P2E gaming was being received well by the gaming community because of the ability to earn within the metaverse.