Play-to-Earn (P2E) is transforming the gaming industry, setting new benchmarks for video games, and creates a level playing field for players. Moreover, it is providing players with asset ownership and incentives, making their playing time more valuable. Axie Infinity, for example, is the most popular P2E game redefining game experience with NFTs and crypto. This play-to-earn giant has gained over 2.4 million daily active users.
Indeed, many other blockchain games have gained popularity in the P2E landscape. Games like Crazy Defense Horses and Aavegotchi have resulted in increasing network activity on the Polygon network. Even Web2 giants like Ubisoft and Square Enix are making inroads into NFT gaming. P2E is undergoing a dramatic shift in terms of widespread acceptance. According to a recent DappRadar analysis, P2E user interaction has surged by 2,000% year on year. The surprising outcome, however, was 1.22 million new unique active wallets being created in March 2022 alone.
The industry is witnessing a revolution with the integration of NFTs and crypto. Every genre, from action to adventure, is adopting the P2E setting. Racing games are the most anticipated and popular category that everyone is looking forward to.
Rally Games: The Most Favorite Genre of All Time
Rally games have been one of the most significant pillars of gaming. The genre has existed for a long time and has been found in arcades and console generations. Atari was the pioneer which launched the first racing game in 1974. Back then, the games were designed with digital and physical components. Playing racing games was only possible with physical controls like paddles, steering, and gear. The first game was Atari’s arcade-only Gran Trak 10. The game was the first to integrate a steering wheel into electronic racing games.
Fast forward to 1994, the PlayStation was born which made racing games a massive hit. Things took a crazy turn when Japanese game designer Kazunori Yamauchi unveiled the game Motor Toon Grand Prix. This was the precursor and testing ground for his new game, Gran Turismo (GT). The game quickly became a tremendous hit which is still being played today. In fact, it was the best-selling PlayStation game, with 80 million units sold.
PlayStation and GT helped create not only auto racing games, but game consoles like the Nintendo 64, Microsoft Xbox, and the short-lived Sega Dreamcast. Moreover, the 2000s era created the standards for games giving some of the best racing games including F1, Forza Horizon, Dirt Rally, Need for Speed, etc. And now we are in a phase where the world is witnessing change in the entire gaming model, thanks to the advent of blockchain.
Bringing Racers on the Blockchain
Rally games have had great success in the traditional gaming landscape. While some games still follow the traditional model, few games are adopting the new trend of play-to-earn. The benefits of asset ownership and user monetization are enticing game developers to create blockchain-based games. K4Rally is one such blockchain-based rally game that is redefining gaming with fun gameplay and high graphics.
It allows players to acquire, drive, upgrade, buy & sell rally cars, drivers, and other in-game items. Users can participate in daily rally tournaments and win K4R tokens along with trophies & prizes. Moreover, it enables the option to farm their in-game assets or trade them on the open market for profits.
The platform will support multiple chains and will have a native bridge that will allow in-game assets to be transferred to any desired chain. Additionally, players can buy and sell NFT cars using the K4Rally NFT marketplace. Ultimately, its vision is to become the number one P2E racing game.
The Future with P2E Gaming
Play-to-earn games are establishing a great precedent for numerous metaverse and NFT innovations. In fact, they have created utilities for cryptocurrencies and NFTs. Moreover, they are redefining the monetization and financial standards, making complex things more enjoyable. K4Rally’s contribution to this growing ecosystem is a stepping stone for upcoming projects. While traditional games have dominated the market, games like K4Rally are making Web3 gaming successful through robust features. The future of gaming is on blockchain and the play-to-earn model will be the key infrastructure required to make this a reality.
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