IGC Roadmap and Presentations 2024

IGC Play-to-Earn Games alt coins moon: How to increase your portfolio

What could be better than enjoying blockchain free games and being rewarded with IGC that will increase your portfolio. Our team of software designers and engineers have developed a series of play to earn fun games available on both IOS and Android for users to play and be rewarded at the same time.

First up if we refer to P2E it means play to earn a common acronym used within our industry. In recent years, the general gaming industry has witnessed a revolutionary shift with the advent of play-to-earn (P2E) games. These games have not only transformed the way we play but have also introduced a new paradigm where players can earn real-world rewards and even make a living through gaming. In this blog post, we’ll delve into the world of play-to-earn games, exploring what they are, how they work, and their impact on both gamers and the broader financial landscape.

What are Play-to-Earn Games?
Play-to-earn games, also known as blockchain games, are a genre of games that leverage blockchain technology to enable players to earn cryptocurrency or digital assets while playing. Unlike traditional games where in-game progress and achievements are limited to the game itself, P2E games provide players with tangible rewards that have real-world value.

How do Play-to-Earn Games Work?
The underlying technology that powers play-to-earn games is blockchain, a decentralized digital ledger that records transactions securely and transparently. In P2E games, blockchain technology is used to create and manage in-game assets, such as virtual currencies, items, and characters. These assets are represented as non-fungible tokens (NFTs) or fungible tokens on the blockchain.

Players engage with P2E games by completing tasks, challenges, or missions within the game world. As they progress and achieve milestones, they earn rewards in the form of cryptocurrency or digital assets. These rewards are stored in their digital wallets and can be traded, sold, or used within the game’s ecosystem.

Examples of Play-to-Earn Games
1) Axie Infinity: One of the most popular play-to-earn games, Axie Infinity, allows players to collect, breed, and battle fantasy creatures called Axies. Players earn the native cryptocurrency of the game, called Axie Infinity Shards (AXS), and Small Love Potions (SLP) by participating in battles and completing quests.

2) iHunt4: One of our most popular P2E games is an Augmented reality treasure hunt where different rewards can be discovered in your local surroundings. This is a free game provided by IGC. 

3) Lil Stepy: A free step counting application where users are rewarded for the amount of steps that they take during the day. This is another exciting “Move to Earn / Play to Earn” game from the team at In Game Credit. 

4) Dark Energy Crystals (DEC), the in-game cryptocurrency, by winning battles and participating in tournaments.

5) Ai Celeb: Is an Artificial intelligence application where users are rewarded for the questions they ask the character. Real comedians are used to provide awesome responses to the questions asked in exchange for reward points. 

6) Splinterlands: Splinterlands is a blockchain-based trading card game where players build decks of cards representing various creatures and battle against other players. Players earn as they discover this game.

7) Decentraland: Decentraland is a virtual reality platform built on the Ethereum blockchain. Players can buy, sell, and trade virtual land, items, and wearables within the game’s decentralized marketplace. They can also earn MANA, the native token of Decentraland, by creating and monetizing digital assets.

Impact of Play-to-Earn Games
The rise of play-to-earn games has had a profound impact on both gamers and the broader financial landscape. Here are some key aspects of this impact:

Financial Inclusion: Play-to-earn games have democratized access to earning opportunities, allowing players from all backgrounds to participate in the digital economy and earn income, especially in regions with limited traditional job opportunities.

Ownership Economy: By leveraging blockchain technology and NFTs, play-to-earn games empower players with true ownership of their in-game assets. Players can buy, sell, and trade their digital assets freely, creating a vibrant and decentralized ownership economy.

Skills Development: P2E games incentivize players to develop skills such as strategic thinking, problem-solving, and resource management. These skills can be transferable to other aspects of life and work, contributing to personal growth and development.