SINGAPORE, September 22, 2022 /PRNewswire/ — Volare jumped into the blockchain gaming market by creating the Volare game arcade within Whisper MSG, a blockchain wallet and messaging app with over a million downloads. The Volare Arcade started with 9 games, all of which are Play leaderboard (P2R). Volare distributes token rewards to the top daily winners of these games. JG Lee, a leader of the Volare project, pointed out that “P2R games should and will replace Play-to-Earn games, because P2E games are more work than play”.
When the wave of blockchain spread to the gaming industry, game developers invented a new genre called Play to win. The first notable P2E game was “Cryptokittiesin 2017, where players competed to create and raise unique kittens to sell, but players got bored trying to create a unique kitten, and Cryptokitties was quickly forgotten. The craze was replaced by “Axie Infinity“, a P2E blockchain game with an added element of confrontation. Similar to Cryptokitties, players have also grown tired of the repetitive “grinding” to breed Axies.
Most players have quickly realized two immutable principles behind P2E games: First, a P2E player can only make money by selling game items to other players. Therefore, if new players do not join, existing players cannot earn any more money. Second, as soon as the objective of a game changes from “fun” to “money”, the game becomes mere work and players become miners. P2E games have left a salutary lesson that playing to make money is no longer playing.
Unlike P2E games, P2R games allow players to focus on the game itself. Additionally, P2R games add “rewards” on player achievement which are usually quantified as “Ranking”. The P2R system has already been adopted by many esports. Gamers who willingly pay to watch amazing games by star esports gamers cheer in excitement and thrill when they are rewarded as top rankings in P2R games. JG Lee added, “Volare Network will create a P2R game ecosystem that challenges gamers, which in turn will motivate gamer-inspired developers.”
About EQBR Holdings:
Founded in 2020, EQBR has engaged with various companies as a solution provider with blockchain engine, Balanceblockchain based messenger Whisper, a low-code development tool Equalization center and an NFT striking platform, My Flex.
SOURCE EQBR Holdings, Co., Ltd.