Playermon, the future of play-to-earn games.

Would you spend your day playing your favorite game and being paid for it? You are not alone if this is the case! Many gamers fantasize about making a lot of money through gaming. However, not everyone knows how to turn this into a reality. That is what the expanding play-to-earn gaming industry allows you to do! ‘Play to Earn’ games, where you may earn money as you play, have recently acquired popularity in the gaming market. Play-to-earn (P2E) is a novel gaming paradigm in which players may make a variety of rewards just by playing particular games. Playermon is a blockchain game that concentrates on the benefits of a ‘Play to Earn’ game in which anybody may explore and battle in the cosmos with their favorite space companions known as Playermons!

The global COVID-19 epidemic certainly boosted interest in play-to-earn games. The same is true for the virtual worlds or “metaverses” that serve as the foundation of these games.

What is a Metaverse?

The term “metaverse” is a combination of the prefix “meta,” which means “beyond,” with the word “universe.”. A Metaverse is a place beyond the universe — that is, a location from another universe. You may purchase and sell virtual lands, avatars, and even structures in the Metaverse. Most of the time, this is done with cryptocurrency. People may travel freely with their friends, attend events, and buy products and services in these virtual environments, essentially doing the same thing they can do in the real world.

What exactly is the Play-to-earn Business model:

As technology has become more accessible to the general public, video game business models have developed. We used to play our games on arcade machines in local game centers in the late 1970s and early 1980s. Gamers would compete for the highest score with a pocket full of cents.

Play-to-earn is a new business model that allows players to earn tokens that players may sell for money in the appropriate marketplace. Users gain a tradeable currency that they can trade for real money as they play the games. Some of these assets are non-fungible tokens (NFTs). A non-fungible token (NFTs) is a one-of-a-kind, non-transferable unit of data kept on a centralized database. NFTs may be used to represent readily replicable objects as unique assets, such as photographs, movies, music, and other forms of digital data, and utilize blockchain technology to produce verifiable and public evidence of ownership.

It is a business strategy that embraces the idea of an open economy and offers cash rewards to all players who bring value to the game environment.

“Each victory is money in your pocket, and I feel as though this is just the beginning!”- TYRANITAR

Credits to: Playermon art

What is Playermon:

Playermon is a limitless Play to Earn game in which anybody may explore and battle the galaxy with their preferred space companions known as Playermons. Players may use their Playermons to conquer planets, gain resources, and combat other players. Players from various galaxies gather to make a trade.

Playermon’s primary goal is to assist participants in achieving the greatest monthly trading volume possible with the aid of polygon’s cheap gas fees and quick transaction speeds.

Playermon’s Origin:

In May 2021, a group of big fans of the Trading Card Game and the Animal Crossing video games came up with Playermon. Their appreciation for past games and their understanding of blockchain technology encouraged them to explore creating a space-themed adventure game with open-world gameplay comparable to Animal Crossing — but set in outer space. The more dedicated the team was to the creative and planning phases, the more they recognized the various obstacles that would occur throughout bringing this project to completion.

Despite these challenges, the firm continues committed to making a difference and adding more value to the NFT Game industry and Play-to-Earn communities.

Game and Token Structure

At first, you must use PYM tokens to purchase playermons. You must complete a series of tasks using certain playermons to acquire SGEM tokens. PYM and SGEM tokens are utilized for playermon breeding and purchasing in-game goods. We can also sell and buy assets in the marketplace.

A percentage of SGEM tokens are utilized as transaction fees for funding and as part of the game’s burning mechanism. Upgrading Space bases will also use PYM tokens.

Check out https://whitepaper.playermon.com/ for more detailed information.

What makes Playermon a leading P2E game:

So, what distinguishes playermon from the next big play-to-earn NFT game?

Here’s how the playermon team intends to create playermon, a leading NFT game shortly:

1. Low entry cost. Unlike other play-to-earn games, which may have a high price of Entry, Playermon wishes to give the public access to a game that pays just as well, or even better, but with a low entry cost.
2. A Play-to-Earn Metaverse Space where community members may engage in various activities and game modes to earn rewards and tokens.
3. The opportunity to “colonize” planets to gather resources peacefully;
4. Breeding system (later) that will create stronger Playermons which can be used in battle or traded in the marketplace
5. Skill-based reward system. The more dedicated and skilled a player is in the game, the higher the opportunities to earn more;
6. Leasing mechanism in the marketplace. Not only can you sell, but also lease Playermons for a specific period or frame in exchange for resources.
7. Farming gems required for in-game activities; Collecting rare Playermons on planets
8. Staking Planet Pools using the governance token

Advantages of using Blockchain technology:

Using this technology in games offers many benefits, including the following:

• Players can demonstrate ownership of in-game assets
• Because there is never a single point of failure, players will no longer risk losing track of their assets if the underlying gaming business experiences technological issues.
• It is not possible to counterfeit, remove, or destroy things obtained via gaming.
• Cryptocurrencies that are game-native can be sent and received without the need for a third party to settle, precise, or trace them.

Impact of play to earn games on the social economy:

The year 2021 might be regarded as a “Welcome to the World of Play To Earn” year since it introduced a new phase of NFT gaming with various favorable remarks around it and reached several new record levels in the crypto market.

P2E (pay-to-earn) games have changed the way we play and earn. This new gold mine is very disruptive of today’s daily rat race, and many have freed themselves from the shackles of a 9–5 shift due to the benefits of Play-to-Earn.

Playermon is yet another wave rising in this industry, and many eyes are dead set on its upcoming launch. Not just big-time investors but also a massive chunk of blockchain gamers. Primarily due to its impressive tokenomics that is gamer-oriented. The reward is indefinite (no, really, it’s set as indefinite), and sustainability is made possible by its burning mechanisms. That’s why many are on the edge of their seats for this game’s launch.

The economics that has developed from this fast globalization of communities and how participants put and generate value on digital products and services is one of the fascinating elements of the play-to-earn business model.

Play-to-Earn is on the rise, and many are taking advantage of this gold mine. Unsurprisingly, the arrival of something as big as Playermon is one not to be missed!

So get ready, Playermon Masters!