Gaming and cryptocurrency

Are you one of the 3.32billion who play on-line games? If so, you will probably be familiar with the play-to -earn games (P2E) which were worth $3292.73 million in 2022 and projected to reach more than $8800 million by 2028. The P2E model is a gaming framework that allows its users to play games and earn money when playing games on-line, and has the potential to increase user participation and retention since it incentivises players to spend more time playing. At the heart of the P2E concept is blockchain technology,  with the encrypted technology being critical because it helps to address the challenges of fraud, so allowing users to deal directly with one another without the need for third party intermediaries, i.e. giving participants control of what the player of a game has earned online. One of the most successful and fastest growing P2E games is Hamster Kombat, with other cryptocurrency-based P2E models steadily rising in popularity including:

·      Axie Infinity - one of the mo…