Five Ways “Play To Earn” Will Change Mobile Gaming in 2022
Whether you’ve been playing games for years or you’re just getting started, it’s the perfect time to take your skills to the next level.
Mobile gaming has exploded in popularity over the last decade, with more innovative titles capturing gamers’ imagination every year. According to Newzoo, in 2020 there were 2.69 billion gamers worldwide — and by 2023, we can expect that number to rise to over 3 billion.
Not only is mobile gaming becoming more and more accessible for casual players, but developers are looking at how they can enhance the gaming experience for players. That opens the door for players who want to monetize the experience and get more from the time they already spend playing mobile games.
Things are moving fast in the mobile landscape, with more and more real-money concepts presenting themselves to players. Play to earn and skill-based competitions will become more and more widely available, creating a reliable revenue stream for players.
What are “play to earn” mobile games?
Play to earn is a developing concept across the gaming space, but it has seen the fastest growth in terms of mobile games. Players can download an app for free, then perform in-game actions to earn Cryptocurrency or even real-world money.
Upon signing up to this “play to earn” programme and starting your game, you will be assigned tasks or actions to carry out. With each action you perform, you will earn points that can be redeemed for whichever currency is on offer. The process is slow, and really takes “grinding” to the next level, but it does result in payouts for committed players.
What is “skill-based” competition?
Another type of “play to earn” game is a skill-based competition. Competition formats vary, but the common factors are that the games are heavily based on skill, with few chance elements. So, any players who want to win will have to really earn it.
Skill-based competitions can pit player against player in live matchups, or allow users to compete in a leaderboard structure where you try to earn the highest score in an asynchronous, single-player game. Those who finish high up on the leaderboard take home the prize.
Which is more profitable?
If you decide to go with a more traditional “play to earn” game, you’ll download a game for free and be prompted to sign up for a programme so you can start performing in-game actions or tasks that will give you points — which you can redeem at a later date for real-life money.
By contrast, skill-based competitions usually require an entry fee – and once a player enters into the game they need to beat their opponents to secure whatever money or prizes are on offer. Asynchronous models allow players to set a high score and compete with others through a leaderboard. Typically prizes are more valuable, as the competitive element makes it harder to win.
Now that you have a good grasp on the differences between “play to earn”, it’s time to take a look at why mobile gaming is about to take off with games where you can make money from your phone. Take a look at the five reasons why “play to earn” is about to change mobile gaming for the better in 2022:
1. There will be more ‘play to earn’ titles
Play to earn is the biggest and hottest topic in the mobile gaming space right now, and it has grown in popularity since 2020. Even though we are still in the early stages of this new movement, it is expected that we will see plenty of growth and innovation in the coming year.
Games such as Axie Infinity and Reward Hunters are one of the top five hottest games in this category currently, and there are many more expected to release as the year goes on. You can also look at skill-based competition apps that specifically integrate mobile games for you to play and win money and prizes through a daily leaderboard.
2. Mobile gaming will become mainstream
Not everyone can afford that flashy next-gen console, or that high-end PC to play expensive games. Some people prefer to keep it small and simple: which is why mobile gaming is about to go mainstream. The definition of mobile gaming is about to change, with advancements in portable gaming, VR experiences, advanced internet (such as 5g) and easy access to gaming clouds.
There are more player-friendly games than ever on mobile, and thanks to better technology we can expect more engagement. There will be a drive towards more cross-platform games in 2022, along with more triple-A titles coming to mobile.
3. Mobile gaming will become more social
Sometimes mobile gaming can feel like a solitary activity, but with more mobile games expanding their apps to include social tabs, we can expect more activity between players. Community is such an important aspect of gaming, and if you’re able to reach out to your friends in just a few taps, then mobile games feel easier to play with others.
Once the community around mobile gaming expands, we can see this move into play to earn titles where players can team up during activities to earn together. This includes involving your friends, where you can all have fun together and make some money out of it.
4. It can become another source of income
Farming in-game can be a steady source of income for those who are looking to earn a little more with their day jobs. Axie Infinity for example is quite popular in the Philippines, where players are able to keep themselves afloat with their in-game earnings. Some players can also win money and prizes through skill-based competitions instead of simple in-game actions.
Even though play to earn can be a valuable source of income with the actions you carry out, it’s important to note that this might not be reliable for everyone. We expect this to change as 2022 goes on, so make sure you check our blog for any updates on this.
5. There will be more developers to come
The mobile gaming space is expanding every day, and it’s not too far from becoming mainstream. You can expect many developers to take the plunge into creating their very own games. Whether it be a simple arcade game or an intense farming sim, the next big play to earn game is just around the corner.
Developers can also take advantage of in-app advertising which will allow them to promote their games as well as monetise them. This growth in developers will bring more diverse play to earn games to mobile, which will continue to boost mobile gaming into the mainstream media.
Ready to play and win?
“Play to earn” represents a huge opportunity for players to make money, for developers to create new concepts and for the mobile gaming industry to grow even further.
Looking ahead to 2022, Jonathan Stringfield – Leader in Research and Marketing for Activision Blizzard – said, “our very definitions of “mobile gaming” are set to be redefined.”
With concepts like the “Metaverse” and emerging cryptocurrencies consistently disrupting the traditional order, we can expect a huge impact on mobile gaming over the next year.
If you’re looking for ways to get started, we’ve compiled a list of the best mobile games for you to start earning. You can test your skills and get the rewards you deserve.