P2E games include both standard genres, ones that are familiar to any kind of gamer, and unique genres, specific only to blockchain games. Initially, collectible card games were popular. A variation of this genre is Axie Infinity. In 2022, Stepn made a genre revolution, revealing the groundbreaking concept of a Move-To-Earn genre. Another popular genre is the Metaverse, which is leading by market capitalization. Hundreds of new games are currently in development, and perhaps in 2023, we will see a new genre revolution.
Since August 2022, more than half of all P2E projects require players to purchase NFTs or game currency to start playing. At the same time, even in free games, players need to make an initial investment to reach an acceptable level of earnings. Players usually earn either the in-game currency or NFTs for subsequent resale on the secondary market.
The high entry barrier that has prevented the mass distribution of P2E games is gradually decreasing. It is due to the introduction of a mechanism for renting gaming NFTs, and due to the gradual reduction in the cost of NFTs in the secondary market. Payback periods are gradually increasing in parallel with the decrease in the amount of daily earnings.