Video games are more than just fun and games; they are often the foundation for vibrant communities, many of which are not recognized for the full extent of their contributions. The rise of blockchain technology is changing this narrative with a new class of games, engaging players through fun, competition and building while also making them part of the journey as a stakeholder and investor.
The model, known as play-to-earn, incorporates NFTs and Web 3.0 to ensure that active community members are properly rewarded for their contribution to gameplay. This is often done by allowing builders and users to hold tokens that have value both inside and outside the game and help players enjoy the full benefits from their efforts.
Among the award-winning developers leveraging the play-to-earn model is Jam City, a team with deep experience in gaming economy design, led by the former MySpace co-founder and CEO, Chris DeWolfe. With an understanding of building engaging games, Jam City has made their name as the creative powerhouse behind a number of high-grossing games, amounting to over $2.5…
