As we all know, the gaming industry is booming. It seems like every day, a new, more immersive, and exciting game is released. With so many games to choose from, it can be hard to decide which ones are worth our time (and money).
But what if there was a way to get paid to play some of the newest and most popular games? Believe it or not, this is now a reality with Play To Earn Games. You are no more wasting money on video games when you could be getting paid to play them! In this guide, we’re going to give you the full low down on everything you need to know about playtoearn.
What are Play to Earn Games?
Play to Earn games are a new type of social game that allows players to earn real-world rewards by playing online. By increasing consumers’ engagement via more appealing incentives, advertisers can also benefit from the higher reach and increased brand awareness.
How do They Work?
Play to Earn games can offer a variety of rewards: cash, phones, laptops, video-game consoles, and more! However, one of their most significant benefits is getting people online and interacting with your company’s products or services—everything from apps like Facebook and Viber to visiting your website. If you’re an advertiser, that’s precisely what you want.
As gamers play the games, they are awarded points for their in-game actions and may even receive special items or bonuses which can be exchanged for real money. But because these types of games require players to earn comp points before they can be redeemed, the game publisher has the option to offer comps without further cost. There is also the option to purchase additional comps at a discounted rate to generate revenue.
What Do I Need to earn Money on Play to Earn Games?
Other than internet access and your phone, PC, or tablet, not a lot! Play-To-Earn games only require users to download and install the app on their device, register an account and enter a legitimate email address.
This is one of the most exciting aspects as it allows anyone with access to the internet (in particular those who speak English as it requires some degree of literacy), regardless of age, income level, or location, to play your game and potentially win money. This makes Play To Earn games ideal for advertisers looking to target new audiences outside of their existing user base and expand into untapped markets worldwide.
How do I Make Money from my Play To Earn Games?
For those looking to get into the Play-to-Earn market, here are some things to consider when designing your own game:
1) What types of products or services does your company offer? Will it appeal to young people who love innovation in technology? Would something like dating work better if your company offers an app for meeting new people? Think about what interests you most in life and how you would design a game around it!
2) What kind of vocabulary or strategy will be used in the game? The more complicated your game is, the less appealing it might be to players who are not native English speakers. But this is not to say that games must be simple.
Make sure you use some methods of keeping things reasonably easy if possible while still providing some level of challenge through new variations on familiar themes.
3) Will there be any special items only available for purchase with cash? If so, you can set up a way to earn these items for free by completing certain quests or tasks that offer comps instead. This may suit your company’s branding better than simply offering an item or service for money.
4) How long do you expect it to take players to finish the game? As with any online game, you might want to offer multiple levels or stages for players to complete. Some games have 5-10, while others have dozens. The more complex your game is, the longer it will likely take for players to reach the top level and cash out their comps.
How do Advertisers Benefit?
Because Play to Earn games can be played by absolutely anyone visiting your website, their user base is much broader than incentivized advertising campaigns. Many people find that these only attract specific demographics, such as those who like watching videos, downloading apps, or completing offers.
When you consider that the actual gamers playing these types of games may be much more engaged than those clicking on banner ads or viewing other forms of online advertising, it’s an obvious choice for advertisers and publishers alike.
Are there any Downsides to Play to Earn Games?
Play-to-Earn models have a few drawbacks that both gamers and advertisers should consider before thinking about implementing one.
Since all the rewards offered through such games are given in return for playing, this type of “gamification” can prove to be tiresome or even boring for some people, especially if they’ve already unlocked everything within the game.
This means you’ll need something extra – like incentives – to keep them coming back and enjoying your game. If your goal is to generate community engagement through social media, then you’ll need to give players an avenue to share their achievements on social media platforms.
If this is done successfully, you can increase revenue by offering advertisers access to highly engaged gamers.
Examples of Play to Earn Games
Some of the most notable Play to Earn games include:
SimSimi – a chatbot that rewards players for talking back and forth. Users can type messages as well as take quizzes and polls based on current events, celebrities, and popular topics.
Offermobi’s Millionaire City – a city-building game that allows players to buy virtual real estate; those who play will be asked to pick where they’d like new residents and businesses to open, generating revenue for completing offers (such as surveys and trial offers).
BenLaws’ Momo Pets – an Android app designed around feeding and caring for pets, gamers earn points by playing mini-games within the app; those points can be used to purchase items or exchanged for cash.
Viewus’ Diner Dash – this mobile game has players serving customers in a restaurant environment. Food is prepared by dragging and dropping items into the correct order, while drinks are served by tapping the right cup when it reaches the top of the screen.
The Future of Play to Earn Games
With companies becoming more interested in implementing Play-to-Earn games on their websites, there’s no way to tell what new types of games will be offered or how gamers will benefit from them.
Some possibilities include online contests where individuals can play against each other for cash prices or creating educational games that reward users with gift cards after completing specific learning modules within the app. Whatever direction these types of games go, it’s sure they’ll continue to be an effective way of generating revenue.