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Tuesday, 07 February 2023
Crypto Gaming Guilds Seek To Become Growth Engine For P2E Games

Crypto Gaming Guilds Seek To Become Growth Engine For P2E Games

2022-10-29

In a time when the traditional gaming industry is under constant scrutiny, some publishers and developers are exploring the opportunity that the “economy of gaming” represents. With the rise of eSports and the influx of new players interested in playing games as a hobby, there is a growing demand for quality games that have social elements and are available via a free-to-play model. As a result, more companies are looking to the gaming community for help in creating viable games.

Crypto gaming organizations are taking note of this trend, and are leveraging the power of the blockchain to build their organizations as growth engines for P2E games. If you share the belief that the future of gaming is social, then you’ll want to keep reading. In this article, we’ll explore the concept of the crypto gaming guild, and discuss how they are creating growth engines for P2E games.

What Is a Crypto Gaming Guild?

A crypto gaming guild is a collective of video game developers, publishers, and eSports organizers that come together to pool their resources, accelerate their growth, and create new P2E games.

Typically based around a specific game, a crypto gaming guild may develop and publish multiple games over time. They may also work with other guild members to create games outside of the guild umbrella, for example as a joint venture or in collaboration with other guilds.

How Do Crypto Gaming Guilds Work?

Like most traditional forms of business, a P2G gaming guild starts with the founders. These are often seasoned experts in the field of gaming with a track record of success.

Once the founders are in place, the next step is to look for partners with shared values and complementary skills. For example, a blockchain development shop that also happens to produce high-quality art would be a great fit as a partner.

 

Next, the partners in the crypto gaming guild need to come up with a business plan to grow the guild. This includes an analysis of the industry and market trends, as well as an estimate of how long it will take to reach profitability.

Benefits of Working With a Crypto Gaming Guild

The obvious benefit of working with a crypto gaming guild is access to a network of like-minded companies with shared goals and expertise.

Beyond that, a P2G offers a number of advantages for both members and partners. These advantages include:

Access To Resources – Having a larger umbrella under which to operate, P2G’s share resources such as office space, marketing budgets, and talent.

  • Having a larger umbrella under which to operate, P2G’s share resources such as office space, marketing budgets, and talent. Brand Recognition – The recognition that comes with operating as a member of a larger organization can lead to more business with clients and partners.
  • The recognition that comes with operating as a member of a larger organization can lead to more business with clients and partners. Development Opportunities – All members of a P2G are working to develop and publish games. As such, members can make valuable contributions to the success of games developed by partners.
  • All members of a P2G are working to develop and publish games. As such, members can make valuable contributions to the success of games developed by partners. Collaboration – Guilds are often formed for the purpose of collaborating on projects, whether that be marketing or development. Members can work together to deliver value to clients or generate new partnership opportunities.
  • Guilds are often formed for the purpose of collaborating on projects, whether that be marketing or development. Members can work together to deliver value to clients or generate new partnership opportunities. Exposure – Crypto gaming guilds are increasingly seeking to expand their networks beyond the gaming community, seeking opportunities in the broader blockchain and digital token sectors.
  • Crypto gaming guilds are increasingly seeking to expand their networks beyond the gaming community, seeking opportunities in the broader blockchain and digital token sectors. Future Growth – The growth of gaming is inevitable. As new players enter the market and grow tired of the same old games, there will always be demand for high-quality content. By partnering with other P2G’s, members gain access to a wider range of potential new games and clients.

Key Considerations For Joining a Crypto Gaming Guild

While crypto gaming guilds offer many benefits, there are a few things to keep in mind before applying.

First, the success of your project – or the nature of the game – will primarily determine if a guild is a good fit. For example, if your game is 100% multiplayer and involves elements of risk, then a guild focused on single-player games may not be the best fit. Similarly, a competitive game with no chance of collusion would be poorly suited to a guild focused on competitive play.

Second, ensure that the brand and identity of your game are reflected in the guild’s name and logo. As with any partnership, the two parties need to agree on terms that are consistent with one another.

Conclusion

The growth of the gaming industry has created a huge demand for quality content, and the blockchain has emerged as a potential solution. By working with other like-minded companies, gaming communities, and blockchain developers, crypto gaming guilds are creating growth engines for P2E games. If you share the belief that the future of gaming is social, then you’ll want to keep reading. In this article, we’ll explore the concept of the crypto gaming guild, and discuss how they are creating growth engines for P2E games.

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