The Immersive P2E Market with NFTs

In today’s digital world, gaming has become more relevant, with an average gamer spending over eight hours per week in the digital realm. With the introduction of cryptocurrency to the gaming sector, a new model of gaming has emerged called the Play-to-Earn model. The Play-to-Earn model, as the name suggests, is designed to help players win various cryptocurrencies, NFTs, or other digital assets by playing in the game. As one can imagine, the P2E model became an instant hit because of the ability to win in-game assets and several exciting prizes. The growth of the P2E Market was significantly boosted during the pandemic as people struggled with a steady income. The lucrative and rewarding P2E games helped people generate a stable source of income doing what they love. Some studies suggest the popular P2E games have even entirely substituted the income of struggling households in emerging economies. Apart from being lucrative for the players, P2E also helps new blockchain, DeFi, and NFT projects to quickly gain momentum. To that extent, more and more projects are incorporating P2E based games within their ecosystem. However, some projects do not have the right architecture to support this movement. Luckily, Momento has taken upon itself to tie all NFT projects that don’t have use cases for their NFT together within its P2E gaming economy. Momento’s P2E Gaming Economy Momento is a DEFI + NFT project that aims to provide a platfo...