The popularity of Play-to-Earn games in regions such as Latin America continues despite the fact that the performance of Smooth Love Potion (SLP), the rewards currency of the non-fungible token (NFT)-based game Axie Infinity, came to fall by 90%.
In that sense, Clara Bullrich, co-founder of Ola GG, a decentralized community of players of Axie Infinity and other games for Latin America belonging to Yield Guild Games (YGG), acknowledged in an exclusive interview with CriptoNoticias, that it is unfortunate the fall that the token has suffered in recent months.
Although he maintains that YGG has a model “very generous when thinking about their scholarships.” Bullrich explained that scholarship recipients receive 70% of everything they produce, unlike other models that give between 40% and 50%.
According to the expert, depending on the games, scholarship holders can earn between 100 and 500 dollars a month for playing two hours a day.
Despite the drop in SLP performance, Bullrich is confident that the changes recently announced by the video game developers will be very positive for the token and therefore for the player.
It should be remembered that Axie Infinity has just released a new version of the game called Origin. The first stage aims to collect feedback from the community so we can make improvements before the global launch, as reported by this medium.
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Such is the growth of the scholarships granted by YGG and SubDAOs such as Ola GG, that last March they had 20,000 scholarship holders registered worldwide, according to information published in their website. Blog.
Of the scholarship recipients, 20,000 correspond to Axie Infinity. Of that total, Ola GG, until that moment, contributed 1,800 scholarship holders.
Bullrich, who represents YGG, one of the biggest investors in games to make money, among which Axie Infinity stands out, explained that this type of Play-to-Earn video game models were well received. According to her, they are a “clear opportunity to play and be able to earn money”, without neglecting the fun, for her, that is something that is “extremely powerful” because users also generate remuneration.
«Like everything in web3, the aim is to align users with the projects, and give them the opportunity to be part of a community. I think that both P2E and NFT are so popular because they bring transparency and decentralization to something that it didn’t have before. Access was limited and crypto brings something completely different. It feels refreshing, and as a user you want to participate and you want to help grow the ecosystem.”
Clara Bullrich, co-founder of the Sub-DAO, Ola GG.
DAOs, according to the CriptoNoticias dictionary, are a type of digital organization that works based on a system of previously codified rules through smart contracts or a blockchain with Proof of Participation (PoS).
Are Play-to-Earn games aimed at traders or gamers?
Faced with the question, Bullrich explained that certainly there are those who enter blockchain-based games to speculatealthough in the case of the Sub-DAO, he says that they entered to “create an ecosystem, so that the games are played by different scholarship holders and that each scholarship holder finds his level in the different video games.”
The intention of the DAO, as Bullrich explains, is to develop and strengthen this model because it “provides opportunities.” Although he is also aware that in a new market like the one they are creating, there will be games “with a short life and others that will last over time.”
However, the professional video game developers seem not to be interested in these new technologiesaccording to a survey conducted earlier this year by the Game Developers Conference (GDC).
The developers were asked what they think of NFTs and metaverses, and how they see the proposal to include them in the industry. 70% of those consulted are not interested in developments within the field of NFTs and metaverses.
The Future of Play-to-Earn Video Games
During the interview, Bullrich was asked about his vision for the future of Play-to-Earn video games.
In this regard, he indicated that from YGG they are convinced that they will continue to evolve. “Many games are being developed and what we have seen is extremely encouraging,” she commented.
He also expressed that they have witnessed the games that are being developed and the number of talented people who enter that world. For Bullrich, talent and money are an important combination for the ecosystem to evolve.
“We will see many games come out in the second half of the year, and new tools that will make the interaction with the games,” he said.