Have you ever wanted to put a price tag on the time and energy you’ve invested into playing video games? Have you ever been told that gaming is a waste of your time? Then this article is meant for you. We welcome you to your new guide into the metaverse and all matters regarding P2E gaming: Plei Games. Based in the metaverse, Plei’s mission is to lead the digital blockchain economy, bringing together gamers and non-gamers through a decentralized organization and the provision of scholarships that use the P2E model to generate social impact.
Nowadays, the main industries we used to know are re-shaping their business models to stay competitive. This fact has been further exacerbated as the Covid-19 pandemic has limited face-to-face interactions and social mobility restrictions have been appearing worldwide.
Just think about how massive events such as fashion runaways, concerts, or sports spectacles have switched from stadiums and halls to streaming platforms. Customers are progressively demanding personalized and automatized campaigns that specifically target their interests. In this regard, there’s one industry that’s been substantially standing out from the rest in terms of capitalizing on blockchain technology, and that is the gaming industry.
So, what is it about the gaming industry that it’s been able to differentiate itself in this matter more than other industries? Let’s introduce the concept of Play-to-earn (P2E). Traditionally, gamers played out of pure enjoyment. However, with the P2E model, gaming has become so profitable that in some countries playing video games is generating enough revenues to sustain a family of three.
P2E implies the conjunction of three items: NFT’s, cryptocurrencies, and video games. Hence, the latter is transformed from a linear structure to an in-game blockchain-based economy — and once we’ve reached this point, the possibilities are endless.
This architecture results in benefits to independent developers, who can create a strong, interactive, and long-term aimed digital community thanks to ownership via NFTs. Additionally, gamers can own, trade, and grow these digital assets throughout the game’s universe.
Within this new genre of gaming, Axie Infinity is currently leading the ranks as the most popular P2E game in the market. Its success is due, among other factors, to the great social impact that it’s having over communities that have experienced the most extreme forms of economic hardship out of the global pandemic. The most prominent example of said social impact can be seen in the Philippines, where Axie Infinity has become much more than a hobby, as its revenues have become a real source of income for these households. It’s no coincidence that 30% of the world’s total players are from the Philippines.
Even though it sounds perfect, in many instances the P2E model doesn’t mean free access to the player. Most of the time an initial entry can be pricey. Here’s where gaming guilds have found their spot in the industry, allowing gamers access to earnings without the initial required investment.
As a DAO (Decentralized Autonomous Organization), Plei aims to make P2E games free-to-play (F2P) by connecting gamers and sponsors through the provision of scholarships. The method is simple: Plei launches scholarships to gamers who are interested in participating in the P2E ecosystem, via applications over at Plei’s discord server or through recruitment of team leaders.
With our rapidly-growing community, Plei has provided to date over 250 scholarships worldwide, with a special emphasis on emerging economies in Latin America, where Plei can generate palpable economic and social impact due to volatile and inflationary local currencies.
By investing in Blockchain Gaming Assets, NFTs, and scholarships, Plei is removing the economic barrier required to start playing and providing a stable source of income to its community of gamers. Lastly, as previously mentioned, Plei claims a visible position in the gaming metaverse by owning digital property available in Decentraland, Thetan Arena, Splinterland, Wanaka farm, Star Atlas, and of course, Axie Infinity, where we proudly claimed over 1.3 M SLP in rewards.
So, the future is here. We are #pleiers. Meet our team leaders in Twitch and join us in discord https://discord.gg/uCpTeNdA!
You can also follow @plei.games in our social media accounts to keep informed: Instagram, Twitter, LinkedIn, Facebook
