Metaverse News

Will More Games Adopt Blockchain In 2022 Through Esports And Play-To-Earn Models?

With play-to-earn (P2E) business models becoming more developed and blockchain adoption in esports becoming more mainstream, predicts that P2E models will become more viable in 2022 as gaming companies try to adopt blockchain.

“Publishers might use blockchain technology to facilitate more secure and legitimized player-to-player trading within a centralized game environment,” writes Newzoo.

Additionally, the need to diversify earning streams may lead esports organizations to turn to blockchain-based earning mechanisms by utilizing nonfungible tokens. Because of this, new esports business models involving blockchain technology are starting to emerge and will have more developments in 2022, according to Newzoo.

Apart from these, the report shows that metaverse-related games may also become more prevalent as younger players continue to frequent existing “proto-metaverse” games, such as Roblox, Fortnite, and Minecraft.

Newzoo also predicts that “the brand gold rush for virtual real estate is only just beginning.” As companies continue to see the potential opportunities within metaverse games, more investments may flow to virtual real estate.

(All information was provided by CoinTelegraph)

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