Play 2 Earn or Move 2 Earn.....

The evolution of crypto since its inception has been phenomenon! Whilst BTC and blockchain tech got introduced fear, doubt set among the heart of people. After all these years BTC (Bitcoin) and blockchain tech have evolved to that extent where its gaining popularity and even being considered to be a new way of introducing monetary value to the world. The technology behind it is adopted and refined to that extent where it is being used to create new ways of creating money (aka crypto) out of thin air!

I recently created a post about CRYPTO GAMING INDUSTRY few days back, you can check it out for more details. Where I tried to explain, how vast the crypto gaming industry has become and Play to earn games are oozing out in our crypto space. Even though very few of them got the liberty of acceptance from its user but its growing as days are passing by. Millions of dollars are being spent to increase the engagement between players and the game itself. Among various sorts of gaming, Play to earn games have played a major role in boosting crypto economy. Similarly another sector is growing along with other crypto industry. Maybe with small steps but it has already created enough space for its self. MOVE TO EARN! Apparently, the userbase of this particular sector has been growing. Who would have thought, you will get the opportunity to make some money while you do your usual works. Which is you do a specific type of work and you get paid for that task. Let's get into more detailed information.

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Play 2 Earn VS Move 2 Earn

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PLAY TO EARN	MOVE TO EARN
NFT based	NFT based
Play and earn	Move and earn
$6,237,859,812 market cap	$683,553,487 market cap
More skills = More earnings	Anybody can do it

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The above comparison is quite a hefty one! As you can probably notice most of the play to earn games are based on NFT's. Where you get to purchase NFT's based on ranking, skills and avatar. They have special skills which allows a user to earn via playing with those special NFT's within the game. There are already some established NFT based play to earn games such as SPLINTERLANDS, Axie Infinity and so on. Which are making continuous growth in their respective places. Although they have been gaining popularity over the years they have successfully evolved along the way. Play to earn games has successfully achieved the market cap of above six billion (just in token value) in the current market price. Where the amount will exceed billions more if you include the NFT's and other tokenomics within the games. The popularity of these play to earn games are increasing everyday and the amount of money being introduced in these games are astounding.

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On the other hand, Move to earn sector has been establishing its roots over the last couple of months. Even though there has been plenty of apps which have been introduced into the trend of move to earn but it has been in recent times where this particular events/sector have been gaining attractions among the users. Lately, one of those app named STEPN, which I am pretty sure many of you have heard about have taken the move to earn space by surprise. Its existence and way of implementing daily activities and earning via those tasks have taken the internet by surprise. With this rush and success rate of STEPN, there have been apps flooded in the market for getting caught up in the mover to earn sector. Although there is still room to improve in this sector and as it can be said this particular sector is just getting started to show its charisma.

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Play to Earn

• Market Cap
• Trading Volume
• In Apps token included
• In apps NFT's Excluded (in most of the case)
• Give time and get experience and earn
  

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Move to Earn

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• Market Cap
• Trading Volume
• In Apps token included
• In apps NFT's Excluded (in most of the case)
• Do everyday task and earn from it
  

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Images collected from CMC

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If we compare the market with P2E and M2E, Play to earn will have significantly higher benefit in terms of being one of those sector which got early adoption. While on the other hand, Move to earn is still seeing improvements on how to implement its userbase, earnings and so on. Although, it is to be seen compared to play to earn, move to earn might see a huge growth as the adoption of it will come from even from those people who are not much aware of crypto and do not have skills to maneuver over crypto industry. I mean, with daily tasks you can earn crypto via move to earn whereas in most play to earn games it requires skills, focus and much more to actually earn from there. It is going to be a matter of time to see which sector is going to make a buzz in the crypto space and which will make a positive impact in the market.

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It is better to be a early adopter in both the spaces and wait for it create the buzz and you get the most benefit out of it! What are your thoughts about this matter!

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Best regards

Rehan

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Posted Using LeoFinance ^Beta