The blockchain gaming market has grown rapidly. The Polaris Market Research Blockchain Gaming Report that the total transaction volume for blockchain games reached $5.
41 billion in 2022 and is expected to grow at a CAGR of 68.9% during their forecast period., Polygon’s emphasis on gaming and the metaverse led to a remarkable 338% UAW growth from the previous year, reaching an average of 97,384 daily UAWs. In 2022, Polygon’s popularity as a gaming chain soared, driven by successful game dApps like Arc8, Benji Bananas, Crazy Defense Heroes and Pegaxy.
In this article, we will explore both models, compare them and discuss why the PAE model is essential for the long-term success of the Web3 gaming industry. We will delve into P2E and PAE models, comparing them and discussing the essential changes the industry must make for sustainable growth and long-term success.The P2E model, enabling gamers to earn digital assets, has revolutionized the gaming industry. DappRadar reports that gaming accounts for nearly 50% of dApp on-chain activity.
However, this model has its drawbacks. As the market grows, an increasing number of projects focus on the profit potential, creating games designed primarily for earning rewards rather than providing enjoyable gameplay experiences. Additionally, the P2E model can contribute to inflation, with some games experiencing token devaluation due to excessive rewards.
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