What is Play to Earn: an explanation on the example of EvoSim Universe
Video games have always attracted the attention of their fans, starting with the first models of slot machines, where the “Pay to Play” model was applied. With the further development of the industry and technology, the concepts of games changed and the “Play to Earn” model emerged. Starting with simple games where players could only earn virtual game currency, the P2E concept has evolved and continues to grow, even though it is still in its early stages.
The first successful P2E game was Cryptokitties in 2017, but the first birth of the concept began in 2014, when the NFT Counterparty collectible card game was created together with Force of Will. However, due to the lack of effective mechanics, the game failed to attract attention. After the debut of Cryptokitties on the Ethereum blockchain, P2E projects gained popularity and demand.
Since then, the P2E gaming market has continued to grow and develop, with new games appearing and offering players more opportunities to earn cryptocurrency through gameplay. This popularity is also confirmed by statistics, according to which, since 2021, the number of blockchain games has increased by 2000% and they account for 52% of all blockchain activities.
The value of the P2E gaming market is no less illustrative. According to Yahoo Finance, in 2022, the global P2E NFT gaming market had an estimated value of $3.2 billion. And according to Businesswire statistics, by 2030, the market value will be $301.5 billion with a CAGR of 68.3% between 2023 and 2030.
In this article, we will take a closer look at the concept and benefits of P2E games on the example of the growing EvoSim Universe project, which allows you to play and earn cryptocurrency using mobile traffic.
What are P2E games and how they work
P2E (Play to Earn) games are a type of video game that is based on blockchain technology and allows players to earn cryptocurrency. To start the game, players usually need to purchase an NFT item or character, after which they need to complete various tasks to earn money. Depending on the specific project, the tasks may vary.
In P2E games, players can own unique digital assets, such as characters, lands, items, or even skills. These property items are represented in the form of non-fungible tokens (NFTs). By developing their in-game NFTs, players can increase their value and, as a result, their earnings.
The purchase of NFTs is carried out for the game’s in-game currency – native tokens. Some P2E projects allow holders of native tokens to make decisions on game development and participate in project management.
The main advantages of P2E games
- Monetization of the game. Players of P2E games have the opportunity to earn internal game tokens and then exchange them for real money by completing various tasks: quests, battles, collecting items, performing real physical actions.
- Transparency and security. Blockchain ensures transparency of transactions and security of digital assets, eliminating fraud and unauthorized transactions.
- Accessibility. Thanks to the Internet and blockchain technology, P2E games are available to players from all over the world. They provide the same earning opportunities regardless of geographic location.
- Community. P2E games often have strong online communities where players share experiences, strategies, or just socialize and create a social aspect of the game.
- Return on investment. Digital assets in the form of NFTs, tokens, armor, weapons, and other items can be exchanged and sold on NFT markets. Investors have the opportunity to purchase these elements on NFT markets and increase their income due to the growing popularity of the game. According to a survey by DappRadar, the blockchain gaming industry received a total of $5 billion in investment in the first six months of 2022.
EvoSim Universe in the world of P2E games: definition and uniqueness of the project
EvoSim Universe is a Web3 P2E project launched on the basis of a profitable online business using eSIM technology — EvoSim. Thus, EvoSim Universe integrates the use of mobile data with blockchain and NFT technology. The essence of the project is the interaction of two main components of the ecosystem.
The first component is the EvoSim product application, which allows connecting electronic SIM cards and purchasing tariffs of local mobile operators without overpaying for roaming.
The second component is a cryptocurrency NFT game in a mobile application that allows users to connect purchased tariff plans in the product application and use mobile traffic to earn cryptocurrency.
The project stands out from other P2E games due to its unique combination of eSIM technologies and cryptocurrency and NFT capabilities. Users of EvoSim Universe can earn money using the mobile Internet for regular surfing or other online activities without the need to actively intervene in the game. This makes the project accessible to a wide range of users, including those who travel, discover the web3 world, and simply use the mobile Internet in their daily lives.
How does EvoSim Universe work?
To start the game, users need to download two mobile applications: EvoSim and EvoSim Universe, register an account and purchase a data plan to use megabytes in the game. Earnings in the game are made through the use of NFT Sim cards, which users can purchase in the project’s own marketplace using the game’s internal tokens — ECT and EMT.
By activating the purchased NFT Sim card, the spent megabytes are credited and converted into earning internal game tokens. The number of tokens earned depends on the type of rarity of the NFT Sim card and its performance characteristics. The more rare NFT a user has, the more efficient it is and, accordingly, the more tokens the user receives for using mobile traffic. In addition to NFT Sim assortments, the game also offers e-Sim and Mystery boxes, which can contain NFT Sims of any rarity.
EvoSim Universe also provides an opportunity to increase earnings by upgrading NFT Sim cards using such options as Level Up or Mint. Level Up allows you to increase the NFT level of a Sim card and thereby increase its efficiency for earning tokens. Mint allows you to cross two NFT Sim cards and get two new NFTs and an eSim box that can contain NFTs of any rarity, which adds an intriguing and unexpected factor to the game and increases interest.
Thus, the operation scheme of EvoSim Universe is quite simple and does not require any active actions from the user, except for the use of mobile traffic.
Key advantages of EvoSim Universe
The EvoSim Universe project has the following key advantages that attract users and distinguish it from other web3 projects. Let us consider the main ones.
- EvoSim Universe Game. A revolutionary platform that allows you to earn cryptocurrency and NFT simply by using the internet.
- Travel and Earn with Web3 eSIM NFT platform. Created from a profitable and simple solution for travelers. Users get a unique opportunity to earn money while using Internet traffic on a daily basis.
- All-in-one platform: Data plans, NFTs and cryptocurrency. Earning on one secure and convenient platform. Unlock a world of opportunities and join a thriving ecosystem that rewards your everyday digital interactions.
- Quick Registration. Instant registration in the game with a login code. All you have to do is enter your received code, enter your email and confirm the registration.
- Start the game. Level up and trade unique digital assets, and earn crypto rewards while browsing the internet.
- Integrated Crypto Wallet. Your digital assets are always at your fingertips. Buy, sell, and store cryptocurrency securely and efficiently.
- Personalized Experience. Customize the app to your preferences. Choose your game modes, track your achievements, and set up notifications for new opportunities and updates.
- Level up. Upgrade your asset and level up to unlock new features.
- Mint. By minting two asset, users have the opportunity to upgrade their digital assets, potentially unlocking additional asset and enhancing their collection within the platform.
Unlocking the potential of P2E with EvoSim Universe
P2E (Play to Earn) projects open up new prospects for the digital economy. They allow users not only to play but also to earn real income. This model is attracting more and more attention, combining entertainment with the possibility of earning money, and is becoming increasingly popular among game developers and users around the world.
In this context, EvoSim Universe represents an effective link between the traditional use of the mobile Internet and blockchain technology. Through the implementation of eSIM technology and integration with NFT, EvoSim Universe gives users access to mobile communications in more than 190 countries, while providing them with the opportunity to earn money from their daily data usage.
The project attracts not only travelers, but also a wide range of users interested in cryptocurrencies and digital assets, offering them an easy and affordable way to enter the world of P2E gaming. With EvoSim Universe, everyone can turn their online activity into earnings.
Whether you are a seasoned P2P gamer or a newcomer looking for new opportunities, EvoSim Universe has something for everyone.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No News Postbox journalist was involved in the writing and production of this article.
