P2E gaming is a type of gaming in which users earn incentivized rewards by participating in ongoing gameplay. Play-to-earn gaming typically allows players to earn in-game rewards that can be exchanged for real-world assets such as Bitcoin (BTC) and USD. P2E gaming in a blockchain context allows users to collect non-fungible tokens (NFTs) in the form of new characters and items that allow users to progress through the game faster and more efficiently, incentivizing their ongoing participation. Axie Infinity, The Sandbox, and Illuvium are examples of popular P2E platforms.
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