Play-to-earn gaming crashed in 2022, but survey data shows that interest remains high

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Play-to-earn gaming crashed in 2022, but survey data shows that interest remains high
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Play-to-earn gaming crashed in 2022, but survey data shows that interest remains high Bitcoin crypto cryptocurrency

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But a recent survey conducted by ZEBEDEE, a leading payment processor for the gaming industry, indicates that the downfall of P2E may be overblown as a majority of gamers are interested in opportunities to earn crypto as a reward for gameplay. It also found that more established tokens like Bitcoin had a higher appeal among gamers than newer tokens and NFTs. "Gamers are five times more interested in earning Bitcoin than NFTs . This indicates that the gaming industry has it wrong by focusing primarily on NFT rewards," the report said.

The results of the survey indicate that there is a lot of room for growth in the P2E market among current gamers, as 64% said that they have never played P2E gams with financial rewards. Additionally, 38% of U.S. gamers said that they don't know anything about cryptocurrencies, NFTs, or blockchain technologies being applied to gaming, indicating that there is still more work to be done on the education front.

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