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Crypto gaming guilds: encouraging play and a lot more

Crypto gaming guilds: encouraging play and a lot more

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Jonny Fry
Sep 11, 2023
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Crypto gaming guilds: encouraging play and a lot more
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So, what are crypto gaming guilds? Well, they are a group of gamers (a “guild”) who support one another both in and out of a game; as an example, Play-to-Earn games (P2Es) now fall under the purview of the gaming guild idea. A crypto gaming guild may consist of gamers, investors and administrators serving as middlemen, buying Non-Fungible Tokens (NFTs)/virtual assets and lending these out to thousands of players so that they may participate in the game and make a profit. The rise of crypto gaming guilds is the next phase for the both the gaming industry and gamers alike and these guilds are helping to resolve those problems impacting the GameFi ecosystem. With GameFi, gamers are able to turn their gaming habits into real cash and, thanks to the blockchain technology that drives play-to-earn (P2E) games, players may make money as they play.

Play to earn games

Source: Go banking rates.com

Despite this, the GameFi industry has been limited by two main problems. Firstly, most players need he…

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