What play-to-earn games mean for the economy – and metaverse

 What play-to-earn games mean for the economy – and metaverse
  • Play-to-earn could bring digital identity, assets, and ownership into players’ hands as the gaming industry is becoming decentralized.
  • This is how modern video games may introduce new paradigms that lend themselves to a wide variety of emerging digital environments and forms of value creation.
  • These games are also spearheading a recent development: the increasing convergence of the physical and digital worlds.

This article is written by two university graduates. Surprised? Didn’t think so. But what may be more intriguing is how we each paid our tuition. One followed a ‘conventional’ route: a combination of student loans, summer jobs and the good fortune of parental financial support. The other played video games.

Long before esports—the industry of competitive video gaming—was broadly recognized as a profession, popular PC games like ‘Diablo II’ (2000) or ‘Runescape’…

Read full article…www.weforum.org