![]() ![]() To illustrate this, it's probably best to use the system used by Axie Infinity, one of the longest running P2E games out there (and also one that recently lost over $600 million dollars.) The idea of the game is simple: players control "axies," small fantasy creatures, and battle them against other players' axies. This is because many of these assets are NFTs, or can be turned into them. However, what sets play-to-earn apart from free-to-play is that you can trade and sell your assets to other players. ![]() These games let you play for free and even let you earn items through gameplay, but the good stuff is usually locked away behind a paywall-or perhaps a very time-consuming grind. This isn't entirely unique, plenty of games use a similar model, especially so-called free-to-play (F2P) games. Often, instead of buying the game, you buy stuff within it, like characters or weapons or, well, just about anything. Play-to-earn games, also called P2E games or even just crypto games, are games that have cryptocurrency and NFTs as an integral part of the gameplay. ![]()
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