Blockchain gaming and the play-for-profit model were all over the place in 2021, but over time, the model waned as some kinks were exposed and the non-perishable token (NFT) and cryptocurrency market hit some speed bumps.

It is safe to say that the sector is “down, but not out,” and it is entirely possible that blockchain gaming will see another 2021-style boom once the broader market regains its momentum.

On the latest episode of NFT Steez, Cointelegraph’s weekly podcast hosted by Alyssa Exposito and Ray Salmond, the founders of Crypto Raiders join forces to discuss the state of blockchain gaming and the future of play-for-profit projects.

According to the founders, Crypto Raiders is an NFT-based crawler crawler, and in the episode, they each agreed that the current blockchain gaming landscape should focus on sustainability and “fun” first.

Can the play and earn model work in Web3 games?
Co-founder Nick Kroebner has spoken about adopting “hybrid models” of play and win games, stating that current sentiment is more due to human nature being “short-term interactive” and quickly believing that it should be. Kick.

However, Kreupner acknowledged that while it is natural to assume the worst, in reality, “the [P2E] model needs multiple tweaks and attempts before it actually works.”

In fact, the team at Crypto Raiders has been sorting through and sorting out the possibilities of hybrid models and how they can act as an interaction between games played on and off the blockchain.

Krippner said it’s important to note:

“Where do [the player’s] earnings come from?”
This sentiment stems from the current landscape of play-and-play models that generally derive their profits from new players, which is why they are often seen or portrayed as Ponzi schemes.

According to Kreupner, the hybrid model will manifest as both pay-to-play (P2P) and free-to-play (F2P). In this hybrid model, new players can easily enjoy the game for free but will need resources to progress – in this case, in-game assets farmed by P2P players.

Related: Crypto Raiders Explains How Blockchain Games Are Attracting New Users to Web3

Fun over “nationalization”: the path to mass adoption
When asked about concerns about monetization of fun and games, the Crypto Raiders team realized that both traditional and Web3 gamers worried that monetizing game mechanics could tarnish their hobby.

As a solution, Crypto Raiders favors “play to own” rather than “play to gain” as a way of giving back the value players receive at the source when compared to AAA games. Although many gamers have expressed their desire for more ownership and autonomy when it comes to gaming, Kreupner states that it is not surprising that gamers think Web3 games negatively.

“Gamers are really resisting microtransactions,” so when it comes to NFT games, a backlash is to be expected. Interestingly, though, many gamers would like the chance to be in the gaming business “while making money doing it,” Krippner said.

While traditional gamers seem to lean toward Web3 games, co-founder David Titarenco emphasized the importance of making games available so they can be adopted. In terms of the setup and success of the Web3 game, he phrased the process as follows:

“Get your grandmother in the Midwest to play it.”
To hear more chat with the Crypto Raiders, be sure to tune in to the full episode of NFT Steez on the new Cointelegraph Podcast page, or on Spotify, Apple Podcasts, Google Podcasts, or TuneIn.

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