What is P2E(Play-to-earn)?

Play-to-earn games are a type of blockchain-based video game where players can earn real-world rewards for their in-game achievements. In these games, players can buy, sell, and trade virtual assets, such as collectables, skins, and cryptocurrency. These games are built on blockchains, which are public, decentralized ledgers that store and secure digital transactions. Players can use cryptocurrency to buy or sell items on the game’s virtual market, or they can use the game’s native token to purchase virtual assets. Through their in-game achievements, players can earn real-world rewards such as cryptocurrency, fiat currency, or even physical goods. This type of game is gaining traction as more developers create games that offer rewards to players who play, compete, and interact with each other.