Bitcoin is among the pioneer Web 3.0 innovations to ever debut; this leading digital asset has not only paved the way for decentralized payment ecosystems but gaming platforms as well. With NFTs and the metaverse in the picture, gaming enthusiasts can free themselves from centralized gaming environments that only feature immersive experiences with minimal opportunities to make an extra income from in-game items.
Well, the play-to-earn (p2e) model solves this shortcoming; gamers in the Web 3.0 economy are incentivized for participation. For instance, the Ignite Tournaments p2e game allows players to organize decentralized esports competition by staking the $TENKA token as entry fees. In addition, players can generate passive revenues by farming more $TENKA while they compete in a particular tournament.
