May 11, 2022, Singapore – Play-to-earn (P2E) gaming is one of the most exciting areas within the ever-expanding crypto space. The global P2E gaming market size is expected to reach USD 3618.4 million by 2028, up from USD 755 million in 2021.
However, after experiencing the outbreak, GameFi also faced some difficulties, such as: B. poor playability, unbalanced economic models and lagging governance. These issues caused GameFi to hit a bottleneck after an outbreak, so the industry voices and experimentation for GameFi 2.0 followed.
What do gamers expect?
In 2021, the world has never been flatter. P2E asks if there is a way ordinary people can earn and share in the value they have created with their time and attention. For players in countries like the Philippines, the income they can earn in this digital world is far more significant than what their local physical economy can offer.
Securing sustainable revenue used to be key to attracting audiences and guilds quickly. But the greater fool theory tells us that this dynamic will not end well. Relevant data at the end of 2021 shows that compared to July and August Some GameFi players’ income has already been confiscated. There is a perception that gaming and earning are to some extent incompatible.
The question remains: what is more important, earn or play? We believe the answer is on the way with the arrival of GameFi 2.0 is: Earnings are the foundation while playability breaks the ceiling.
Improving gameplay and community attributes together will pave the way to address this issue as more players expect a better experience rather than work-to-earn gamification. Having more players willing to pay for the experience or community will, to some extent, reduce the economic imbalance caused by rapid traffic changes.
ArchLoot and its player first strategy
Gaming and Metaverse projects have come a long way since ArchLoot started development. It aims to deliver on the biggest promise of P2E gaming in terms of creating, owning and sharing digital assets, but this time in a different way – by enabling a user-generated, content-friendly ecosystem through interactive NFT technology.
ArchLoot offers a unique genre of “composable” NFT gameplay, which allows users to assemble their battle avatars from hundreds of NFT parts and design their color and tattoo schemes from head to toe. Each NFT as an isolated piece can be upgraded, strengthened or redesigned accordingly to create new attributes.
Interactive elements not only include the Lego-like part selection, but also reside in the logs that allow for instant user modification of NFTs in-game. When all metadata is logged in the chain, changes in attributes and performance of NFTs are recorded simultaneously. When these NFTs are launched, players’ efforts and merits will be given extra protection.
The creation-driven community building highlights another irreplaceability of AchLoot. Aside from diverse gameplays, including PVE, PVP, and Clan Wars, players will list their gameplay preferences, including custom maps, cosmetics, and more.
Simply put, effectively in-game resources, i.e. monster parts, meanwhile, are tokenized, they can extract additional value in-game and in the community, and be sold to anyone anywhere on open peer-to-peer markets.
Fluctuations in market sentiment can deplete capital. For example, crypto markets are sharply declining at the time of this writing. ArchLoot intends to create a better gaming world where gamers can turn their digital time, efforts and earnings into disposable income and tangible real-world satisfaction.
About ArchLoot
Launched in 2022, ArchLoot is a UGC P2E game with loot-style buildability and playability. It features the industry’s first interactive gameplay that fully enables on-chain implementation of upgradable character/prop NFTs, unleashing its potential for playability and robustness of user-generated content. The game intends to build an ecosystem including a great game and creative community that truly achieves a balance of playability, accessibility and profitability.
The team, which brings together talents from the world’s leading gaming publisher, blockchain projects and financial elites, currently operates on all continents and is instrumental in its long-term success.
Official website: www.archloot.com
Message contact: [email protected]
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