The Evolution of the Gaming Industry into the Play-to-Earn Model

Press Release • January 26, 2022

With global cryptocurrency markets in a slump, at least one sector of the digital-asset industry appears to be primarily unscathed: blockchain-based gaming. According to the data tracker DappRadar, 398 active blockchain games are now defined as having at least one functional wallet within the game in the previous 24 hours. It represents a 92 percent gain from a year earlier. Over the last year, the overall number of blockchain games, including dormant ones, has increased by 71% to 1,179.



Gamers will only play games that allow them to earn money in five years, known as play-to-earn games. Alexis Ohanian, the renowned social media site Reddit co-founder, believes this. He feels that more people are looking for ways to be compensated for their valuable time.


Console Gaming


The emergence of gaming consoles such as the Atari was the first significant gaming development. However, the significant technological improvements occurred with the debut of the Sega Dreamcast, the first game console with actual internet capabilities, ushering in a whole new era of gaming.


The original purpose of gaming consoles was to bring friends and families together for a good time. However, with the arrival of internet gaming, gamers worldwide could compete against each other for hours at a time. It will also boost competition and give birth to some of the first esports leagues.


Even with the development of online gaming, this genre still has restrictions. People must still buy consoles and games to participate. Furthermore, some games, such as the Halo franchise, are only compatible with specific platforms, such as Microsoft’s Xbox.


Mobile Gaming


The emergence of smartphones caused a significant decline in the console and PC gaming industries. The ease of using a mobile phone for most of our daily tasks has resulted in the widespread use of mobile phones for gaming. It occurs without the need for a person to sit in front of a television or monitor. It is usually the case with a console or PC.


The explosion of mobile technologies has transformed the industry; by 2021, mobile gaming will account for 52% of the worldwide gaming market. New forms of games, economic structures, and a range of gamers arose due to the revolution.


Even though all of the models listed previously have various variances, they all have one thing in common. They’re all playing for the sheer enjoyment and pleasure they provide to their users. We have just witnessed a new gaming concept that users may not play for the “pleasure” of gaming but for the financial benefits it may provide.


Play-to-earn (P2E) Model


The “play-to-earn” concept is what it sounds like: a model in which users can play and earn tokens or cryptocurrency while doing so. It combines two activities that have propelled humanity since the beginning of time. It encompasses both reward and entertainment; this model has a powerful psychological incentive.

The central premise behind P2E is that as players engage more time and effort in the game, they become part of the in-game economy (tokenomics). Hence, they create value for themselves, other participants in the game ecosystem, and developers. They are compensated for their involvement and playing time with digital assets that can appreciate over time.


It is worth noting that the usage of blockchain technology in such assets has resulted in a scarcity of digital assets in games, which can take the form of NFTs and can represent anything from characters like the kittens in CryptoKitties to cryptocurrencies like Bitcoin (BTC) or Ether (ETH).


Many Concepts are Adopted From Traditional Games

The blockchain-based gaming industry is still in its early stages, and it is still centered around many concepts coming from traditional gaming.


NBA Top Shot, for example, is building on the “collect and trade model” that has prevailed in baseball cards and other collectibles for decades. Axie Infinity, currently the most famous blockchain-based game, uses the “breed and battle” game model that Pokémon launched in the 1990s.


On the other hand, Block Monsters is building on the concept of playing using various Blockmon characters. This way, users can play, earn, and create an interactive metaverse environment. In the gaming mechanics lies a play-to-earn mechanism where trainers make $MNSTRS by surpassing several milestones.

Another mechanic available in the game is the different types of modifiers. This part explains the most suitable modifiers players can use against all the Blockmons’ moves. Players can also equip their characters with other accessories and items from booster starter packs.


Challenges Within the Gaming Industry


Implementing a play-to-earn model is not that easy. Most industry professionals are humble enough to admit that the P2E crypto-based games will face several challenges before gaining widespread acceptance.

One major challenge for P2E platforms would be eliminating the potential anti-money-laundering risk since users will trade the in-game NFT products against crypto. While developers agree that there would be regulatory constraints, the majority feel that the most severe difficulties will be internal and beyond authorities’ reach.


Another significant challenge would be that the opportunity to earn money via gaming would encourage certain abuses among gamers, destroying the ecosystem. Furthermore, most gaming platforms burn money by investing in pointless upgrades and features that benefit no one but the platform.


The Future of P2E


Despite play-to-earn being a new concept, it has the potential to change more than just gaming. The future of gaming may be safer, more beneficial to players, and more trustworthy with the emergence of P2E platforms such as Block Monsters.


Currently, the P2E model is driving the adoption of blockchain in games, and it represents a path of no return for the games industry. As blockchain usage in games evolves, it will likely cover a variety of use cases beyond play-to-earn models. A wide variety of incentives and combinations are made possible by technology.


The exact reasons explain why hundreds of millions of dollars have flowed into blockchain- and NFT-based games in the last four months alone. Investors are providing large amounts of funding to startups, seeking to build teams using experienced developers.


Disclaimer: This article is not intended to be a source of investment, financial, technical, tax, or legal advice. All of this content is for informational purposes only. Readers should do their own research. The Capital is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by reliance on any information mentioned in this article.

Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.  

Helvetic Broker Launches on App Store and Play Store to Make Crypto Management Safe and Simple

By Press Release • October 14, 2025
Helvetic Broker , an AI-powered self-custody crypto application, has become available on the App Store and Play Store. A team of Swiss engineers has been building the app since 2023 to democratize crypto and make blockchain technology safer and more accessible. Apple and Android users can now install the app on their devices and manage their digital wallets and tokens in real-time and effortlessly. Helvetic Broker was born from the increasing demand for seamless and secure transfers across blockchains. Major industry debacles, such as the 2022 FTX collapse, have also fueled the need for a safe, effective, and user-friendly solution that allows users to retain ownership of their private keys. Helvetic Broker incorporates these benefits, enabling users to track their wallets, transfers, and addresses from a single dashboard, securely and conveniently. Security is one of Helvetic Broker’s standout features. The app maintains private keys encrypted on the user’s phone. It also requires biometric authentication for each transaction.Helvetic Broker’s servers have read-only access to public keys when displaying balances. This approach aligns with the team’s vision of making crypto management as natural and intuitive as e-banking, without straying from the true purpose of decentralization. Helvetic Broker is continuously expanding its catalogue. To this day, it supports wallets like Ledger, MetaMask, and Trust Wallet, as well as CEXs such as Coinbase, Kraken, and Binance, and DEX like Uniswap. The team plans to further grow the list of integrations to bridge people and cryptocurrency with simple and secure crypto management solutions. In its mission to return financial autonomy to people, Helvetic Broker created a highly intuitive user interface. The app’s dashboard provides an instant, customizable overview of all the user’s wallets, sorted by wallet, by token, or aggregated in a currency of choice. This simplicity appeals to both first-time crypto users and experienced traders. Helvetic Broker also simplified transfers between wallets and exchanges by completing transactions automatically and effortlessly. The app's self-custody features enable users to manage their assets as they see fit and diversify their portfolios with ease. More importantly, as they have complete control over their private keys, users don't risk losing access to their digital assets if crypto exchanges collapse overnight due to hacker attacks or government restrictions. Helvetic Broker continues to innovate and simplify crypto management. For example, its AI-powered crypto assistant helps users understand their portfolios, create accounts across platforms, place orders, and automate transactions. All these actions are available to the user on one intuitive interface. About Helvetic Broker Helvetic Broker was founded in Switzerland by an experienced team of passionate engineers. Their goal is to utilize their crypto expertise to make the cryptocurrency space more accessible and easier to navigate. Its self-custody, AI-powered application helps users understand and optimize trades, cut fees, and make smarter investments. Helvetic Broker is now available on the App Store and the Play Store. Discover how you can access the overview of your wallets in one click and in a way that fits your needs. Learn more about Helvetic Broker on its official website and its social media channels, including X , Telegram , Discord , LinkedIn , Instagram , and YouTube . CEO Guillaume Grandjean, is available for interviews and will be happy to answer any further questions from the media. 

ANOME Completes BNB Chain Integration, Ready to Activate “Meme Realms”

By Press Release • October 10, 2025
Web3 entertainment protocol ANOME has completed technical adaptation for BNB Chain and passed its first integration test, paving the way for ‘Meme Realms’ — a new feature that lets any BNB ecosystem meme coin launch its own stand-alone gaming universe in just one day. The milestone confirms full readiness for activation and marks a new phase in ANOME’s expansion and positions ANOME to expand into the BNB Chain GameFi and NFTFi ecosystem. Meme Realms Ready for Launch Meme Realms will be a modular system letting any BNB-ecosystem meme coin become its own on-chain game world within one day. Each Realm functions as an independent economy, where players mint, trade, and battle using that realm’s meme coin. Realms include NFT card assets, leaderboards, seasonal quests, and liquidity pools, all native to BNB Chain. “We’ve completed technical adaptation to the BNB Chain,” said an ANOME Product Lead. “Integrating a meme takes just one day — ready to activate anytime for rapid expansion.” Turning Meme Culture Into On-Chain Impact Every action inside a Realm (minting, selling, battling, and claiming rewards) occurs directly on the BNB Chain. Each meme coin Realm adds measurable transactions, liquidity, and user activity to the network. The design ensures economic isolation between Realms while maintaining full on-chain transparency. “Meme is culture,” an ANOME spokesperson said. “We convert that cultural energy into verifiable BNB Chain momentum - more users, more TVL, more real data.” The project’s key highlights include the following points: One-Day Onboarding : Any BNB meme coin can become an active Realm within 24 hours. Native Settlement : Players mint and trade directly in the meme coin of that Realm. BNB Impact Reports : ANOME will regularly publish metrics (every 30, 60, and 90 days) on its community. The reports will include active wallets, liquidity, and interactions, all on-chain. 3×3 PvP Battles : The project will let players compete using five NFT cards per match. The main thing to know here is that any defeated cards will be burned to sustain all the reward pools. Loss-Mining Rewards : Losing is not a “real loss” in this ecosystem. In fact, players will still earn time-released compensation tokens. ANOME’s integration expands the entertainment layer of BNB Chain. Each Realm generates verifiable usage, isolated liquidity, and transparent capital flows. The system channels meme-driven attention into measurable blockchain activity and strengthens BNB Chain’s GameFi and NFTFi sectors. About ANOME ANOME is a Web3 entertainment protocol bridging gaming, culture, and decentralized finance. Its core module combines NFT minting, 3×3 PvP card battles, and the Loss-Mining reward system. With full BNB Chain readiness, ANOME introduces Meme Realms. The initiative represents a fast, modular framework where meme communities evolve into complete, on-chain universes. Anyone curious to learn more about ANOME and its next advancement plans can refer to the project’s website . Also, the social media below are the best way to keep in touch with this team. X (Twitter) | Telegram | LinkedIn | Discord | Instagram | YouTube | Medium | TikTok 

New Era for Prediction Markets: SX Bet Launches First-Ever P2P Parlays and $50K Tournament

By Press Release • October 10, 2025
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Permute Surpasses $1M in Transaction Volume in One Month Since Launch

By Press Release • October 2, 2025
Permute , an accessible Bitcoin bridge platform, announced that it has surpassed $1 million in transaction volume since its launch on August 26, 2025. This milestone was achieved through more than 1,000 transactions, averaging $1,100 each, and nearly $25,000 in daily volume. The strong early adoption reflects growing trust in Permute’s platform and its mission to unlock Bitcoin liquidity across blockchains. Formerly known as BitcoinBridge, Permute provides a secure and cost-efficient way to transfer native Bitcoin across leading blockchain networks. With transaction fees as low as 0.1%, Permute is up to 10× more economical than competing bridges. Built to scale, Permute’s architecture is designed to support transaction volumes of up to $1.5 billion per month. Its dynamic liquidity routing system minimizes idle funds and cuts costs by ~90%, enabling a sustainable low-fee model. The platform can also be deployed to new chains within days, rapidly expanding reach for users. ​​Permute enables Bitcoin holders to move value across leading blockchains at scale whether millions or even hundreds of millions without relying on per-chain smart contracts or fragmented liquidity pools. Its architecture is anchored in Trusted Execution Environments (TEEs), which perform in-enclave verification and eliminate the need for custodial wrappers or intermediaries. This design makes it possible to settle transactions in actual Bitcoin while keeping fees as low as 0.1%—nearly 10× cheaper than traditional bridges. Security is another aspect that differentiates Permute from its competitors. Permute uses Trusted Execution Environments (TEEs) and threshold cryptography to secure keys and signing. These features are similar to the security techniques used by top exchanges and institutions in the broader crypto industry. Permute currently supports major networks and assets including Ethereum, Avalanche, Arbitrum, Berachain, BNB Chain, wBTC, USDT, USDC, and DAI, with additional integrations already in development. Now live on mainnet, Permute is open to all users. To showcase its cost advantage, the platform offers a savings calculator that lets users instantly see how much they stand to save on fees when moving Bitcoin across chains with Permute. About Permute Permute is a native Bitcoin bridge, enabling secure, low-cost swaps of BTC into leading blockchains and assets like ETH, AVAX, BNB, ARB, and more. Built for both retail and institutions. Permute combines deep liquidity, ultra-low fees (0.1%), and non-custodial security to deliver the most reliable bridge for unlocking Bitcoin in DeFi. Learn more about Permute on its official website and its social media channels, including X and Telegram . 
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