At the start of the year, few were unimpressed by the phenomenal growth of Play2Earn’s model games like Axie Infinity. Decentralized finance sided with the gaming industry and formed a long-awaited GameFi sector.

What came to replace the Play2Earn model and why? Why is the gaming industry shifting towards creating metaverses and at what table can retail investors sit? Why is Create2Earn more sustainable than Play2Earn in the long run?

Let’s dig deeper into the main question: how to get a piece of the phenomenal $218.7 billion pie that is projected to be the size of the gaming industry by 2024.

play2earn ups and downs

In the gaming industry, the Play-to-Earn (Play2Earn or P2E) model has replaced the classic Pay-to-Play model. It was a revolutionary idea that came with a new wave of technology: gaming has gone from being a hobby for teenagers to a multi-million dollar business that can even help people pay their bills.

Ideas that came out of the DeFi (decentralized finance) sector helped create entire in-game economies where people could invest and earn just by playing a game. But most importantly, unlike centralized games, all items purchased in-game were made in the form of non-expendable items, thus unique and liquid, even outside of the game universe.

The brilliance of the idea was immediately demonstrated by the huge success of Axie Infinity, which reached a user base of 2.7 million in November 2021, just 6 months after its creation. However, at some point, growth has frozen. By April, the number of active monthly users had nearly halved.

High entry prices might have stopped the active entry of new users, but they would not immediately drive away current players. Some would blame the $600 million gimmick, but the decline started much earlier and seems like a spillover effect on the entire Play2Earn model.

Create2Earn for long-term investments

In fact, most of the players in the market began to worry about the trend of P2E to short-termism that began to damage the infrastructure of the game. In the end, this could lead to investors losing all of their money after the bubble bursts. How can we prioritize long-term growth over short-term profit?

In the traditional world, the answer would have been regulation. Perhaps tech giants like Facebook or Microsoft plan this for their metaverses, but the blockchain community has its own answers.

To add responsibility to the metaverses, the games must be governed by DAOs, decentralized autonomous organizations. Players themselves will be able to create and sell NFTs, in-game businesses, and infrastructure within metaverses, determine rules, and govern an ecosystem because they are the most interested parties. So they become metastartupers.

Create2Earn has emerged in the MetaFi sector, as an intersection of metaverses and decentralized finance. The players themselves will create businesses in the game. The metaverses will be inhabited by players who will be the creators of the world and will bring the fun back to gaming, along with more opportunities for long-term sustainable growth, as creators have the greatest ties to their creations.

Where to find a seat in the MetaFi sector?

Market growth opportunities related to Create2Earn still allow us to get the best seats in early stage projects. An example of such a project is NFT Moon Metaverse. This May, the UAE-based company will sail the DAO ship out into the open waters by launching the first sale of avatars that will rule the metaverse.

The main city will be called Moonopolis. For the city to decentralize, there must be a community of decision makers who make all decisions collectively. Each avatar will have the right to vote and will participate in the construction of a sustainable universe.

Precisely for this reason, the first 5,000 avatars will be sold during the presale and the following public sale. In addition to government privileges and the best prices, early risers will also get other benefits. All the benefits are clearly explained with the CLEVER management experience.

Create: Avatars can create any type of business or any other part of the metaverse’s infrastructure. The avatars will be the creators of NFTs and metastartups to sell or improve their creations. Learn – Avatars can learn in the Monopolis education system and gain new skills that will help them thrive in the virtual environment. Win: Avatars have over 300 possible ways to win in the universe. It can be passive or active income, selling ID cards to new citizens or renting the lunar plots, etc. Vote: Avatars can vote: each avatar can directly influence the direction of the project and decide which initiatives are most beneficial to the ecosystem. Enjoy: Avatars will enjoy the best views, when it comes to fun events and immersive experiences. After all, making money should be fun too. Rule: Avatars have all the instruments to rule the metaverse in a sustainable way, and as the developers say, “wise and transparent rule creates income streams for you.”

Generally speaking, in the early stage of the market it makes more sense to take a front row seat and join projects where one can create NFTs and directly influence the development of the metaverse as part of the decentralized autonomous organization.

In May, this opportunity is provided by NFT Moon Metaverse. The transparency and open source code of the project make it trustworthy, while the new industry perspective Create2Earn makes it a lucrative business.

How to become an avatar?

The NFT Moon Metaverse sale of the first 5,000 DAO Avatars will occur in two stages:

Early risers will get the first 500 DAO Avatars at the best price of 0.08 ETH on May 15; Then 4,500 DAO Avatars will be sold during the public sale on May 17, but the price will already be 0.1 ETH.

To participate in the pre-sale and buy one of the first 500 Avatars, one must be whitelisted: after registration on Discord, the developers will whitelist eligible candidates and send the notification about the start of the pre-sale. Find more details in the FAQ section of the website or on the social networks of the projects.



This post Take a seat at the NFT Moon Metaverse table on May 15

was published first on https://www.newsbtc.com/news/company/from-play2earn-to-create2earn-take-your-seat-at-the-nft-moon-metaverse-table-on-may-15/

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