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India's Growing Love for P2E (Play to Earn) Games

Play-to-earn works as a business model leveraging blockchain technology, enabling players to engage in gaming while potentially earning cryptocurrencies.

India's Growing Love for P2E (Play to Earn) Games
India's Growing Love for P2E (Play to Earn) Games

The Indian betting and casino landscape has altered dramatically over the past decade. From the emergence of mobile gambling technology to the introduction of new offshore operators accepting Indian players, it is safe to say that we have never had so much choice when it comes to gambling and online entertainment. However, no trend has had more of an impact than cryptocurrencies.

It is estimated that there are currently 115 million crypto investors in India; that's 15% of the population! These figures put India in the top five countries in peer-to-peer (P2P) crypto trading.

India's Crypto Casino Industry

Bitcoin, Tether &  Cardano are India's most in-demand cryptocurrencies.
Bitcoin, Tether &  Cardano are India's most in-demand cryptocurrencies.

India's increasing crypto adoption has resulted in the growing need for online services that Indians can use and build on their digital assets. This has seen the emergence of crypto gambling casinos, and more recently, P2E (play to earn) games.

What Are P2E Games?

In short, P2E games are, as their name suggests, games where you can earn money from playing them. Play-to-earn works as a business model leveraging blockchain technology, enabling players to engage in gaming while potentially earning cryptocurrencies. They are often simply referred to as "crypto games".

How Do You "Earn"?

Players can earn money by participating in various tasks and challenges while playing their chosen crypto game. In exchange, they will be issued assets such as cryptocurrencies and non-fungible tokens (NFTs). The more a player engages with the game, the more crypto they accumulate.

The main difference between crypto games and traditional games is that traditional game assets are only valuable inside the game. Play-to-earn games have real-world value. Another thing to note about these games is that they are decentralised. This gives players the ability to truly own and control their in-game assets. What's more, these games offer secure transactions through blockchain's intrinsic security features.

Many believe crypto games will revolutionise online gaming, while others doubt it. 

The Main Categories of PTE Games

  • NFT Games
  • DeFi Games
  • Farming Games
  • NFT Trading Card Games
  • AAA web3 Games

Top 10 Play-to-Earn Games in India

Splinterlands is India's mots-played Play to Earn game. Splinterlands is a community-based, player-funded blockchain game that champions non-fungible tokens and blockchain gaming. Players are then tasked will collecting cards, which are used to battle against other players. Example cards include Beetle Queen, Spirit of the Forest, Wood Nymph, Divine Healer and Angel of Light.

Splinterlands is a collectable card game built on blockchain.

Here are the top P2E games in India.

  1. Splinterlands
  2. Alien Worlds
  3. Farmers World
  4. Upland
  5. Axie Infinity
  6. Second Live
  7. Gameta
  8. MOBOX: NFT Farmer
  9. MiningNetwork
  10. Pegaxy

How to Start Playing Play to Earn Games

StepDescription
Set Up a Digital WalletUse a cryptocurrency wallet (e.g., Metamask) to store, send, and receive cryptocurrencies and NFTs.
Acquire CryptocurrencyObtain cryptocurrency (e.g., ETH) to purchase in-game assets or NFTs.
Join a Guild for Minimal InvestmentJoin gaming guilds to rent in-game assets, allowing you to start playing and earning with a lower initial investment.
Learn About TokenomicsUnderstand the economic rules governing a game's tokens to learn how rewards are distributed and the value of the tokens.
Get Involved in the Game’s EconomyParticipate in the game's economy to earn in-game rewards or cryptocurrencies through activities like battling, growing digital creatures, yield farming, or staking assets.
Purchase Gaming NFTsAcquire necessary NFTs (e.g., digital pets or characters) required to start playing the game.
Start PlayingBegin playing the game after completing the previous steps.