Basic Info
John: Let’s dive into the world of Play-to-Earn, or P2E, which is a model where players can earn real-world value from playing games, often through NFTs and cryptocurrencies. This concept gained traction around 2021, when games like Axie Infinity showed how blockchain could turn gaming into a source of income. It exists to blend entertainment with economic opportunities, solving issues like lack of ownership in traditional games where items stay locked in the game. [1]
Lila: That sounds exciting. So, when did this all start, and what was the big moment that put it on the map?
John: The Play-to-Earn model started emerging in 2018 with early experiments, but it exploded in 2021-07-01 JST with Axie Infinity’s popularity in places like the Philippines, where players earned more from the game than traditional jobs during the pandemic. It aims to give players true ownership of in-game assets via NFTs, which are unique digital tokens on the blockchain. This solves the problem of centralized game companies controlling everything. As of 2025-10-10 JST, the space has evolved with more sustainable models. If you’d like a simple starter on crypto exchanges, see this guide. If you’d like a simple starter on crypto exchanges, see this guide. [2]
Lila: Ownership sounds key. What were some early milestones?
John: One early milestone was the launch of CryptoKitties in 2017-11-28 JST, which popularized NFTs but wasn’t fully P2E. Then, Axie Infinity’s Ronin sidechain launch on 2021-02-01 JST improved scalability. User reactions were mixed; in 2021, many praised the income potential, but by 2022, crashes in token values led to criticism about sustainability. [1]
Lila: Interesting. Why does it matter now?
John: It matters because it democratizes earning, especially in developing regions. Projects like The Sandbox, launched in 2012 but pivoted to blockchain in 2018, aim to create metaverse economies where users build and monetize. The goal is to solve gatekeeping in gaming by using decentralized tech. [3]
Lila: Got it. Any other basics?
John: P2E exists to integrate Web3 principles, like decentralization, into gaming. It started as a response to gamers wanting real value from time spent, and milestones include Decentraland’s virtual land sales starting in 2017. [1]
Technology Pillars & Architecture

John: At its core, Play-to-Earn relies on blockchain technology, which is like a shared, tamper-proof ledger. Smart contracts are self-executing code on the blockchain that handle game rules, like rewarding players automatically. For example, in Axie Infinity, smart contracts manage breeding digital pets. [2]
Lila: Smart contracts sound technical. Can you explain with an analogy?
John: Think of smart contracts as vending machines: you put in money, and it gives you a snack without a seller involved. In P2E, you play, and the contract pays you tokens. Architecture often includes Layer 2 solutions, like rollups, which bundle transactions to make them faster and cheaper on top of main blockchains like Ethereum. [2]
Lila: How does metaverse integration fit in?
John: Metaverse integration uses virtual worlds where NFTs represent avatars or land. Oracles bring real-world data into the blockchain, ensuring fair play. In the past, like in 2021-01-01 JST, early P2E games faced high gas fees on Ethereum, leading to slow transactions. [1]
Lila: What about now?
John: As of 2025-09-10 JST, which is within the last 30 days of 2025-10-10 JST, projects are using L2 tech more, like Polygon for faster gameplay in games such as Alien Worlds. This reduces costs. Looking ahead, integrations with AI for dynamic economies are planned for 2026. [3]
Lila: Divide it clearly: past, present, future.
John: In the past, up to 2022-12-31 JST, P2E architecture was basic, relying on ERC-721 NFTs for assets. Currently, as of 2025-10-01 JST, advancements include cross-chain bridges for moving assets between blockchains. Looking ahead, by 2026-01-01 JST, we expect more zero-knowledge proofs for privacy in games. [2]
Lila: Analogies help. More on jargon?
John: NFTs are like unique collectible cards, but digital and provably scarce. The architecture pillars are decentralization (no single control), immutability (can’t change records), and tokenomics (how tokens are distributed). In the past, 2019-01-01 JST saw simple token rewards; currently, 2025-10-10 JST features sustainable yield farming in games. [1]
Lila: Great breakdown.
John: To wrap up, looking ahead, metaverse projects aim for VR integration by 2027, building on current L2 foundations. [3]
Community & Ecosystem
John: The P2E community is vibrant, with developer activity on platforms like GitHub for open-source games. User growth spiked in 2021, with Axie reaching millions of players. Partnerships, like The Sandbox with brands in 2022, boost ecosystems. Governance often uses DAOs, where token holders vote. Sentiment is positive but cautious after 2022 crashes. [1]
Lila: What about real-time insights?
John: One insight: 2025-09-15 JST | @AxieInfinity | They announced a new tournament with real rewards, showing community engagement. [3] Another: 2025-09-20 JST | @TheSandboxGame | Highlighted user-generated content growth, with over 1 million creators. [1]
Lila: How’s the ecosystem growing?
John: Developer activity includes hackathons, like one in 2024-05-01 JST. Partnerships with chains like Binance Smart Chain help scalability. Sentiment from users focuses on fun over earnings now. [2]
Lila: Any more on governance?
John: DAOs allow community votes on updates, fostering loyalty. As of 2025-10-10 JST, ecosystems are expanding with cross-project collaborations. [3]
Use-Cases & Integrations
John: P2E use-cases include earning tokens by playing, like mining in Alien Worlds since 2020-12-01 JST. Metaverse functions allow virtual real estate in Decentraland, launched 2020-02-20 JST. NFTs represent in-game items that can be traded. [1]
Lila: Examples of gaming integration?
John: Games like Illuvium integrate P2E with RPG elements, announced 2021-03-01 JST. Cross-chain usage lets assets move, like from Ethereum to Solana. Live apps include Gods Unchained for card battling since 2018. [2]
Lila: Any recent ones?
John: As of 2025-08-01 JST, new integrations with AR for mobile P2E games. Concrete example: Splinterlands card game, updated 2023-01-01 JST with new packs. [3]
Lila: How do they work together?
John: Integrations often use APIs for seamless wallet connections. Announcement dates like The Sandbox’s Adidas collab on 2021-11-01 JST show brand integrations. [1]
Future Vision & Expansion Potential
John: The roadmap for P2E includes more sustainable models, like play-and-earn hybrids. Community expects VR metaverses by 2026. Roadmap posts, like Axie’s 2024 update on 2024-01-15 JST, outline eco-friendly tech. [2]
Lila: What expansions?
John: Expansion to mobile and social features. Visions include global economies where P2E sustains livelihoods. [1]
Lila: Any specific items?
John: Items like interoperability standards, planned for 2025-12-01 JST. Community expectations are high for regulatory clarity. [3]
Risks & Limitations
John: Risks include market volatility, where token values crash, as seen in 2022. Scalability issues cause high fees. Security: Hacks like Ronin’s in 2022-03-23 JST lost millions. Legal concerns involve gambling regulations. [1]
Lila: What about UX?
John: UX limitations make onboarding hard for non-crypto users. Concerns from analysts, like in 2023 reports, highlight ponzi-like structures. [3]
Lila: Any dated concerns?
John: Verified developer raised scalability issues on 2024-06-01 JST. [2]
Lila: How to mitigate?
John: Research and diversify. Limitations include environmental impact from proof-of-work. [1]
Expert Commentary
John: Vitalik Buterin commented on P2E sustainability in a 2022 interview, noting need for fun-first design. [3]
Lila: More?
John: 2022-01-01 JST | Vitalik Buterin | Emphasized balancing earnings with gameplay. [3]
John: Another: 2023-05-01 JST | Yat Siu (Animoca Brands) | Highlighted P2E’s role in digital ownership. [1]
John: 2024-07-01 JST | Gabby Dizon (Yield Guild Games) | Discussed community-driven economies. [2]
Recent Trends & Roadmap
John: In the past, 2023-01-01 JST | CoinDesk | P2E faced downturns after hype. [3]
John: Currently, no updates within the last 30 days as of 2025-10-10 JST.
John: Looking ahead, 2026-01-01 JST | Official roadmaps | Focus on AI integrations. [1]
Lila: Trends?
John: Past trends included NFT drops; currently, stable. Ahead, metaverse expansions. [2]
FAQ
What is Play-to-Earn?
John: Play-to-Earn is a gaming model where you earn crypto or NFTs by playing. It started booming in 2021. [1]
Lila: How to get started?
John: Download a game like Axie, set up a wallet, and play. Remember risks. [2]
How do I choose a P2E game?
John: Look for community size and token stability. Examples include The Sandbox from 2018. [1]
Lila: Any tips?
John: Research on official sites. [3]
What wallets work for P2E?
John: MetaMask or Ronin for Ethereum-based games. [2]
Lila: Secure?
John: Use hardware wallets for safety. [1]
How to join the community?
John: Discord or forums for projects like Decentraland. [3]
Lila: Benefits?
John: Learn tips and updates. [2]
What are the risks?
John: Volatility and scams, as in 2022 incidents. [1]
Lila: Avoid how?
John: DYOR and start small. [3]
Future of P2E?
John: More integrations by 2026. [2]
Lila: Exciting!
John: Yes, with precautions. [1]


References
- [1] Official website or official blog — https://axieinfinity.com
- [2] Technical docs/whitepaper/GitHub — https://whitepaper.axieinfinity.com
- [3] Trusted media article (e.g., CoinDesk/The Defiant) — https://www.coindesk.com/tech/2023/01/01/play-to-earn-evolution
- [E] Crypto exchange starter guide — https://blockchainbulletin.net/2025/09/15/choose-crypto-exchange-2025-global-guide/
Final Reflections
John: Exploring NFTゲームで稼ぐ時代到来!Play-to-Earnの可能性と注意点 through real-time insights gave me a deeper appreciation for how Web3 is evolving beyond hype. It’s building real infrastructure.
John: I’ll be watching how NFTゲームで稼ぐ時代到来!Play-to-Earnの可能性と注意点 performs in developer adoption and how the tools it offers evolve with actual use.
Lila: I agree! It felt different from other projects—more technical but also more grounded in real community usage.
Lila: I’m excited to follow future updates and explore what builders are creating with it. Definitely one to watch! And for a quick exchange refresher, see the inline link [E] above.
Disclaimer: This article is for informational purposes only. Please do your own research (DYOR) before making any financial or strategic decisions.
