The hype around play-to-earn games has faded quickly. Many players realized that the rewards were not worth the time and effort they invested in these games. Moreover, the environmental impact of blockchain-based games was too high to ignore. Play-to-earn was a bust — we need to create-to-earn.
What is create-to-earn? Instead of playing predefined games, players can use tools and platforms to design, build, and share their own games. They can also earn tokens or cryptocurrencies by selling their creations, or by getting tips or donations from other players.
Create-to-earn is not only more fun and rewarding, but also more sustainable and inclusive. It reduces the carbon footprint of gaming by using more efficient technologies and protocols. It also democratizes gaming by giving everyone the opportunity to express their creativity and earn income from it.
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Some examples of create-to-earn platforms are:
Decentraland: A virtual world where players can create and explore 3D scenes, games, and experiences. Players can also buy and sell land, items, and services using the MANA token.
Roblox: A platform that allows players to create and play millions of user-generated games. Players can also earn Robux, the in-game currency, by creating popular games or selling items.
Axie Infinity: A game where players can collect, breed, and battle cute creatures called Axies. Players can also earn AXS and SLP tokens by playing the game or selling their Axies on the marketplace.
Create-to-earn is the future of gaming. It is not only a way to have fun, but also a way to unleash your potential and make a difference in the world.
Create-to-earn is a new paradigm of online content creation that rewards creators for their work. Unlike traditional platforms that rely on advertising or subscription models, create-to-earn platforms use blockchain technology and cryptocurrencies to enable direct and transparent value exchange between creators and consumers.
Create-to-earn platforms allow creators to monetize their content in various ways, such as:
Selling digital assets or collectibles (such as NFTs) that represent their unique creations or intellectual property. Earning tokens or coins that reflect their contribution to a network or community (such as social tokens or governance tokens). Receiving tips or donations from fans or supporters (such as through micropayments or smart contracts).
Participating in decentralized autonomous organizations (DAOs) that empower creators to collaborate and govern their own platforms. Create-to-earn platforms also benefit consumers by giving them more choice, control and ownership over the content they consume. Consumers can:
Access a wider range of content that is not limited by the algorithms or policies of centralized platforms. Support their favorite creators directly and transparently, without intermediaries or fees. Own or collect digital assets or collectibles that have intrinsic or sentimental value and can appreciate over time. Join or create communities that share their interests and values and have a voice in how they are run.
Create-to-earn is more than just a business model. It is a movement that aims to democratize the online content creation industry and empower creators and consumers alike. By leveraging the power of blockchain technology and cryptocurrencies, create-to-earn platforms offer a new way of creating, sharing and enjoying online content that is fair, sustainable and rewarding.