Is Play to Earn Gaming a Ponzi Scheme?

Is play to earn gaming a ponzi scheme? In this post, I dive into what play to earn is, case studies on Axie Infinity and STEPN, and how web3 gaming might become sustainable.

Level up your product and creator skills in just 5 min a week. Join 50,000+ readers: Dear subscribers, Some of my fondest memories are from gaming - killing demons in Diablo, traveling through time in Chrono Trigger, and fighting space battles in Starcraft. As a lifelong gamer, I’ve often lamented as mobile gaming’s rise came with a focus on monetization at the sacrifice of fun. I’m not alone. Diablo Immortal got an all-time low Metacritic score of 0.4 thanks to its pay-to-win mechanics. This brings us to the latest monetization trend: Play to earn. Play to earn lets players earn in-game…

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