Soulkeep Dev Diary: Release Date & Demo!
June 7, 2024Gitex 2024: Meet Double Coconut at Dubai’s Global Expo
October 8, 2024Introduction
The gaming world is shifting, and P2E play-to-earn games are at the heart of this revolution. Very few companies have the know-how to blend entertainment with secure blockchain technology and crypto finance. To truly capitalize on web3 today, you need to go deeper and provide true value—understanding how to scale, attract users, and sustain long-term growth.
Let’s break down the opportunities for developers, investors, as well as businesses looking to partner with blockchain game development studios like Double Coconut. We’ll explore everything from building sustainable game economies to mastering user acquisition and future-proofing your investment.
Developers: How to Build Play-To-Earn Web3 Games That Scale and Thrive
Creating a play-to-earn game isn’t just about crafting a fun experience. It’s about designing an in-game economy that can handle tons of players and grow over time. Here’s what you need to focus on:
1. Tokenomics: Avoid the Inflation Trap in Play-to-Earn Games
First of all, Your game’s economy must be built to last. If tokens are too easy to earn, you’ll create inflation, which devalues your in-game assets and drives players away. Moreover, you need a tokenomics strategy that maintains balance—using scarcity and token burns to control supply.
At Double Coconut, for example, we helped build Splinterlands on the Hive blockchain, where we designed systems to ensure long-term engagement while protecting token value. Overall, creating sustainable tokenomics is the difference between short-term success and a thriving, scalable game.
These days, many successful Play-To-Earn games use a “Play-To-Airdrop” economy, where the more revenue and value a community puts into a game the more they are rewarded over time. This type of positive-sum economy requires a lot of finesse to design, and Double Coconut can help you scope out the options.
2. User Acquisition for Play-to-earn Games
Secondly, attracting players is a challenge, but attracting the right players is key. Play-to-earn crypto games have a unique audience—tech-savvy, crypto-conscious gamers looking for value. Use targeted community-driven marketing on Discord or Telegram and reward early adopters with exclusive NFT drops or token incentives to create buzz.
Double Coconut has a unique set of tools to quickly launch games as Discord Activities or embedded Telegram panels, allowing them to be immediately social and spread virally.
We also know how to tap into User Acquisition and paid ads as well as influencers, when relevant, to kick-start a community.
Offering play-to-earn free models also lowers the barrier to entry, pulling in players who might be hesitant to invest upfront. By focusing on these strategies, you can build a loyal user base that sticks around for the long haul.
3. Cross-Chain Playability: The Next Frontier
Third, Cross-chain playability is rapidly becoming the new standard. Players want to move their in-game assets freely across multiple blockchains, as well as cross-platform on mobile (Android and iOS) as well as desktop. Building cross-chain compatibility into your game ensures higher liquidity for in-game items, making your economy more dynamic.
At Double Coconut, we’re already developing games with multi-chain functionality across Tezos, Celo, Hive, EVM Layer 2 blockchains like Polygon, and Solana. This will enable players to easily trade and use their assets across different platforms, making your game more appealing to a wider audience.
4. Gamified Finance: Where DeFi Meets P2E
The line between gaming and decentralized finance (DeFi) is blurring. Play-to-earn games have evolved beyond just battling for rewards. Players can stake tokens, farm liquidity, and even influence the game’s future. Incorporating DeFi elements like staking and yield farming adds engagement. These features can also boost profitability for your game.”
By combining DeFi with P2E, you can create a game that isn’t just fun—it’s a financial opportunity for players and investors alike.
B2B Partnerships: Leveraging Play-to-Earn Games for Big Returns
For B2B investors and partners, blockchain games offer unprecedented opportunities to tap into a growing market. But you need more than just capital to succeed—you need a smart strategy to maximize returns.
1. Co-Development: Shape the Game, Share the Profits
Why simply invest when you can co-create? Co-developing a play-to-earn game with a studio like Double Coconut gives you direct input into the game’s economy and marketplace, allowing you to shape its long-term success. Co-development models also let you share in the profits from the start, making your investment more secure.
We’ve worked with partners to co-create some of the most innovative blockchain games, including Play with Brio on Tezos, Splinterlands on Hive, Axie Golden Road for Sky Mavis, and 21 Blitz for Joyride. By collaborating with developers, B2B partners can actively shape game design and tokenomics, ensuring both scalability and profitability.
2. Monetizing NFT Marketplaces
NFTs are at the core of play-to-earn crypto games. Partnering with developers to create NFT ecosystems opens up multiple revenue streams, such as transaction fees to royalties on secondary sales. Exclusive NFT drops also create hype and offer unique monetization opportunities.
Games like Axie Infinity and Splinterlands have shown how profitable NFT marketplaces can be, both with initial mints / pack sales as well as ongoing rentals and resales. At Double Coconut, our expertise in building NFT-based economies ensures your investment in these spaces will thrive.
3. Regulatory Compliance: Navigating Legal Pitfalls
As the blockchain space grows, so do the regulations surrounding cryptocurrencies and NFTs. Ensuring that your play-to-earn game complies with regional laws and KYC/AML requirements is crucial to scaling globally. Failing to comply could mean heavy fines or losing access to key markets.
We’ve worked with our partners to ensure compliance across multiple regions, ensuring the games we build are legally sound. This lets you focus on growing your game without worrying about regulatory hurdles. We aren’t lawyers but we have experience on what does and doesn’t work and can help you avoid what can be a dangerous legal minefield.
The Future of Play-to-Earn Games: What’s Next?
The play-to-earn space is evolving rapidly, and keeping an eye on the future is key to staying ahead. Here are the trends we see shaping the next phase of P2E.
1. Advanced DeFi Integration in Play-to-earn Games
More P2E games will certainly start blending DeFi mechanics into their core gameplay. Expect to see staking, liquidity farming, and governance models becoming commonplace. Players will no longer just earn in-game rewards—they’ll participate in financial systems, further blurring the line between gaming and investing.
2. Mainstream Adoption of Blockchain Games
With large gaming studios starting to explore blockchain technology, play-to-earn games are moving toward mainstream adoption. Subsequently this will drive an influx of new players, increasing the demand for NFT assets and in-game currencies. Meanwhile developers and investors who move early will benefit from this shift as mass-market gamers enter the blockchain space.
3. Player Retention Through Governance
Retaining players is a challenge, however innovative developers are solving this by allowing players to participate in game governance. Giving players voting rights on game changes or economic models increases loyalty and engagement, ensuring long-term retention.
Double Coconut: Your Partner in Blockchain Game Development
At Double Coconut, we don’t just build games – we build thriving, scalable economies. With projects on platforms such as Hive, Tezos, ETH, and Solana, we’ve developed a reputation for creating hit games with deep economic ecosystems. Our expertise in Unity and systems design ensures that the games we build are not only fun to play but financially rewarding for both players and investors.
Whether you’re a developer looking to build a groundbreaking P2E game or a B2B partner seeking to co-create in the blockchain space, Double Coconut has the knowledge, technology, and vision to make your project a success.
Conclusion
The play-to-earn revolution is here, and it’s bigger than anyone could have predicted. Whether you’re a developer, investor, or business partner, understanding how to build sustainable economies, acquire users, and future-proof your game with cross-chain capabilities is crucial. At Double Coconut, we’re ready to help you create the next big thing in blockchain gaming.