Play-to-earn

Studios expected crypto assets to create opportunities for players to own their in-game digital items while forging a new revenue stream for the publishers. The reality has been less straightforward.

Crypto speculation falls out of favour with game studios

In late 2021, as crypto prices hit fresh records, several major gaming studios sought to position non-fungible tokens (NFTs) as the next big thing. Mere months later, falling prices and criticism from...

The weakening popularity of blockchain games like Axie Infinity could be due to game play issues.

Banking & Finance

Play-to-earn blockchain games have disappointed, but some see new applications emerging

THE hype surrounding play-to-earn blockchain games has fizzled out, partly due to a fall in cryptocurrency values as well as fundamental issues with game play. Investments in the sector have also dipp...

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