P2E Game Market and DAO
Last updated
Last updated
Historically, the gaming industry's traditional business model relied on publishing and direct game sales, with most profits stemming from the exploitation of game intellectual property (IP) or the sales of the games themselves. The early 2010s marked the emergence of a fresh revenue model, as professional gamers began participating in official leagues primarily established as marketing channels for prominent publishers. This growth of the "pro gamer" phenomenon coincided with the rise of professional influencers, who leveraged personality-driven content and streaming platforms to captivate broader audiences, often through publisher-sponsored or facilitated content.
Fast forward to the present, and we are now witnessing a transformative shift in the gaming industry: the advent of "Play-to-Earn" (P2E). Blockchain-powered games reward players simply for engaging with the games, enabling them to monetize game content through their playtime. P2E represents an innovative business model in which players receive cryptocurrency rewards for playing specific titles, with the rewards typically linked to their performance.
This new era of P2E gaming has the potential to reshape the gaming landscape, offering players more opportunities to derive value from their gaming experiences while simultaneously expanding the industry's economic potential. As P2E games continue to grow in popularity, we can expect to see further developments and innovations within this burgeoning market sector.
As this market continues to grow, the adoption of decentralized autonomous organizations (DAOs) is also gaining traction, offering a range of benefits to players and game developers alike. DAOs promote decentralization and transparency, fostering trust and collaboration between players and developers. By giving players a greater voice in the development of games, DAOs create a more community-driven approach that fosters engagement, loyalty, and innovation. Moreover, DAOs offer a more cost-effective and efficient way for game developers to fund and develop their games, leveraging the power of blockchain technology to eliminate intermediaries, reduce transaction fees, and provide a more secure and transparent platform for further game development.
As self-sustaining ecosystems, DPangz’ DAO will benefit all participants, incentivizing players to participate and take rewards through the P2E model, while developers can create various in-game assets such as equipments or avatars themselves and sell them through the in-game market.
In addition, DPangz’ DAO will offer a new approach to funding and financing game development, enabling developers to use token offerings to fund their projects in a more democratic and decentralized way. This creates greater opportunities for anyone to invest in and support their favorite games, fostering a more inclusive and accessible gaming industry. As the P2E gaming market continues to mature, we can expect to see a wider variety of games and experiences available, each offering unique rewards and incentives for players.
