Grinding for Gold: Play-to-Earn Gaming from Ponzi to Profession - E-book - ePub

Slaying dragons and looting dungeons in video games is fun, but what if you could make real money and even a career out of it? From Bitcoin pioneers to global gamers, a quiet revolution is underway. Grinding for Gold chronicles the origins and evolution of play-to-earn gaming, the controversial blockchain-based model allowing anyone to monetize their gaming skills and assets. Journey from early experiments in digital ownership through the explosive rise of Axie Infinity, as millions discovered new income streams amidst the pandemic.
But perils lurked under the surface. Learn the hard lessons from crypto's Wild West as naïve tokenomics and Ponzi-like hype gave way to collapse for many games. Yet innovative projects arose from the ashes, determined to build better gameplay and real economic sustainability, led by visionary developers, guilds, and even tradition studios seeing blockchain's potential. Grinding for Gold investigates the larger impacts, from life-changing money in developing nations to backlash over addiction and educational neglect.
While play-to-earn still faces regulatory uncertainty and mass adoption hurdles, its trajectory continues upward. But will it transform gaming forever or fade into footnote?Backed by extensive interviews and research, this unprecedented deep dive provides a balanced insider account of the play-to-earn phenomenon - its promise, perils, and the people shaping its future. The gold rush is on - learn how to stake your claim.