At the beginning of the year, few were not impressed by the phenomenal growth of Play2Earn model games like Axie Infinity. Decentralised finance sided with the gaming industry and formed a long-awaited GameFi sector.
What came to replace the Play2Earn model and why? Why is the gaming industry shifting towards creating metaverses and at what table retail investors can get a seat? Why is Create2Earn more sustainable than Play2Earn long-term?
Let’s dive deeper into the main question: how to get a piece of the phenomenal $218.7 billion pie that is projected to be the gaming industry size by 2024.
Play2Earn ups and downs
In the gaming industry, the Play-to-Earn (Play2Earn or P2E) model came to replace the classic Pay-to-Play model. It was a revolutionary idea