Horizen is building blockchain ecosystems enabling play-to-earn to achieve mass adoption
The play-to-earn space is booming. As of writing, the market capitalization of play-to-earn tokens is around $28 billion, while the space only took off in 2021. What’s driving this growth? In part, it’s the sense of satisfaction that comes from earning real-world rewards through play.
With blockchain, it’s possible to create trustless systems where users can earn rewards in the form of fungible or non-fungible tokens for playing games, contributing to social networks, or performing other tasks. Removing the need for centralized platforms to control these activities. As a result, users can be directly rewarded for their contributions without going through a third party. Additionally, players can exchange these tokens for real money.
This is why blockchain ecosystems like Horizen are building next-generation blockchain ecosystems that will enable the play-to-earn space to achieve…
