What Is Play-and-Earn by BeaRex and Why It Is Revolutionary for GameFi
28 Juni 2022 - 8:59AM
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BeaRex has kicked off a new era for GameFi fans: the Play-and-Earn
era (P&E). This approach takes into account the interests of
all participants in the blockchain gaming ecosystem: those who want
to play for money, as well as those who just play for fun. After
all, the cheerful 2D runner was primarily created so that players
could enjoy themselves in its universe, and if they can earn money
from their skills and acquire resources in the process, all the
better! In this article, we explain why making money in games is a
revolutionary concept, what obstacles Play-to-Earn players
currently face, and why BeaRex is absolutely the last word in
blockchain gaming. The secret to the success of the world’s most
popular games is having simple rules and the ability to play on
mobile devices. BeaRex combines both of these in a game with a plot
that echoes the famous Mario. The game’s main character is a bear
who runs along an endless obstacle course, collects berries and
other resources, and tries to escape from a dinosaur. The berries
are needed to make smoothies, and what happens after the bear
drinks it is really worth seeing! Depending on the ingredients, the
world around him changes in the most unexpected way, and to predict
the metamorphosis is quite impossible. The Main Ingredient of
Success: Play-and-Earn GameFi, or monetized blockchain games, can
prove to be a constant source of income for players. It has evolved
into a surging technological trend over the past year, just as
fresh and booming as decentralized finance (DeFi) was a couple of
years ago. And this is no surprise, as GameFi combines three key
ingredients — game mechanics, NFT, and DeFi — to attract millions
of potential users. The GameFi phenomenon appeared at the junction
of gaming and cryptocurrencies. DappRadar, which tracks blockchain
industry activity, reported in November 2021 that games are
responsible for about half of blockchain use cases. At the same
time, about 2.5 million unique active wallets (UAW) are connected
to decentralized applications (DApps) daily! The essence of
Play-and-Earn boils down to the following: users receive tangible,
and not purely virtual, money for developing within the game. This
is a huge step forward for the entire gaming industry, since now
ordinary players can reap profits by taking part in gameplay, and
not just celebrity streamers. This significantly increases the
number of people who want to play. And it’s precisely thanks to
blockchain technology and cryptocurrencies that all this has become
possible. BeaRex Eliminates the High GameFi Entry Threshold Despite
the abundance of incentives to enter GameFi, there are still
restraining factors. The main obstacle is the cost of entry. In
order to get on board, you need to shell out hundreds, if not
thousands, of dollars. It is clear that this isn’t affordable for
everyone, especially considering that many of the players flocking
to Play-to-Earn are from poorer countries. In fact, in some places,
playing a P2E game can bring in more money than working! Many
players with respectable incomes cannot afford the exorbitant
start-up costs either, even if they know they’ll be able to earn
back their investment in the future. Moreover, people usually want
to try out a number of different games and aren’t ready to
immediately slap down several thousand dollars to be able to play
something once in a while that they may not even end up liking.
BeaRex’s Solution: Combining Free-to-Play and Play-to-Earn Original
It is precisely due to the demand for an easy and flexible way to
enter GameFi that BeaRex has developed a new, more advanced version
dubbed Play-and-Earn. P&E is a hybrid model that includes both
Play2Earn and Free2Play capabilities. This combination allows
gamers not only to earn money but also play for free while
increasing their skills and having fun along the way. Players can
try their hand at short tasks to earn ‘karma’ so that they can take
on more profitable tasks and grow their income later. BeaRex solves
the problems of GameFi participants’ two main groups: investors and
players. Investors want to put money into GameFi but often don’t
have the time to play. In fact, they may not be interested in
gaming at all! Players have the opposite problem: they love games
and want to play but often don’t have the money to buy expensive
game NFTs. BeaRex offers a solution: a player who doesn’t want to
play for some reason can pay an experienced player a fixed price in
tokens to pass through the levels for them. Thus, the investor
receives passive income, while the player can enter the game and
start earning with the investor’s character without buying an
expensive NFT, which they may not be able to afford. But that’s not
all! BeaRex is first and foremost a universe created for the pure
enjoyment of playing the game. The main philosophy of the project
is that everyone should be able to play, and when players are ready
to make money, they can buy NFT Bears and switch to Play-to-Earn
mode. Four BeaRex Game Modes Play-for-Fun: A completely free mode
in which you can train and enjoy the game on a smartphone. All game
progress can be saved and used in Play-to-Earn mode later. In order
to start earning, the player must buy an NFT bear. Investor Mode:
This is ideal for people who want to earn money from P2E but don’t
know how to play or don’t want to. With the help of the order
board, you can rent your Bear out to a more experienced player who
will play it to pass through levels, collect gaming resources, and
earn profits, which can be split between you. Play-and-Earn: This
regime is for gamers who want to play the game and pass through its
levels with their own bear. Everything is simple here: all the
profits of your hard labor are completely yours to keep. Order
Execution Mode: This is for players that have their own bear but
see the benefit of taking a more powerful animal from an investor
to earn more. The greater the player’s skill, the cooler and more
profitable the tasks they can take on. Animated Series and the
BeaRex Metaverse BeaRex is not just a game, but also an animated
series! Work on an animated series based on the game has already
begun. The first episode will be released at the end of 2022, and
the entire first season will be available in 2023. The series will
follow the adventures of bears from the very first NFT collection,
which will be sold in mid-July of this year. Owners of the bears
portrayed in the cartoon will receive royalties from series
rentals. BeaRex Beta Launch BeaRex has already launched a beta
version in an Instagram mask. A bright and absolutely mind-blowing
universe awaits you here: collect berries, prepare smoothies, and
save the world from dinosaurs, while earning money along the way or
just playing for fun. There is currently a special offer for all
game participants on Instagram: play the game in an Insta mask and
earn 500 TRIP tokens. And all players will participate in a $5,000
NFT draw. Good luck in the game! Image: Original
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