Play to Earn games have been the talk of the town for the past few years. This new game type demonstrates a shift in the paradigm toward a new player experience, where anyone can be tangibly rewarded for the time, money, and effort spent while playing.
Unlike traditional games, P2Es allow anyone to play and earn simultaneously. In-game achievements can be turned into real-world monetary value, transforming gaming from a merely entertaining pastime into an income-generating activity.
Let’s consider the concept of P2E and its impact on gaming in general, closely discussing how this trend is reflected in the casino industry.
What Is Play to Earn?
The Play to Earn model, born at the crossroads of crypto, decentralized finance (DeFi), and non-fungible tokens (NFTs), first found its footing in video games. Blockchain technology has enabled developers to tokenize game items, giving players true ownership.
Having acquired the digital ownership of in-game assets represented by tokens or NFTs, players can now trade or convert them into real-life money. So, competing quests or battling enemies in video games can now reward users with much more than an adrenaline boost.
While some platforms allow players to collect, trade, or sell NTFs on dedicated marketplaces, others reward them with cryptocurrencies ready to be used outside the platform. The Play to Earn tokens market cap is $16.02B at the time of writing, and the figure is rising fast.
The platforms launching their native cryptocurrency must create a blockchain project, design a token, and deal with smart contracts. Alternatively, the team may rely on existing cryptos, such as BTC, ETH, ADA, and others.
However, the P2E concept has expanded beyond video games, initiating a new approach to how casino games function. Read on to discover how P2E casino games differ from traditional ones and where to try them.
P2E Casino Games Explained
Traditionally, casino games have been synonymous with luck, where players make a deposit, and the outcome is a game of chance. However, the introduction of the P2E concept in iGaming has revolutionized this model.
Now, players can receive a percentage of their deposit back, regardless of the game’s outcome, offering a unique and potentially more rewarding gaming experience. The more bets are placed, the higher the rakeback, which can result in extra perks on the platform or be withdrawn for further use beyond it. Let’s see how this works using the example of the Fairspin blockchain casino.
Best App to Play Games and Earn Money
Fairspin is an industry-leading casino with a well-thought-out loyalty system centered around its native TFS Token. The rakeback concept is pivotal, driving the point-earning mechanics at the core of Fairspin’s 10-level loyalty program.
Platform users receive rakeback in TFS for each bet, and its size depends on the game type. For instance, the rakeback in slots is 0.2%, whereas playing blackjack, bingo, or casual games will bring a 0.03% percent back. However, users must place bets for real money only – depositing bonus funds won’t count for rakeback.
So, the more a user plays, the bigger their rakeback. All newly registered players start from the “Player” level and can reach the ultimate “VIP Club Platinum Card” level. Here is a comparison of the benefits received at both:
| Player | VIP Club Platinum Card |
| – 5% weekly cashback with no wager;
– 5% weekly cashback with a 60x wager; – Staking limit: Play to Earn × 5,000. |
– 10% daily cashback with no wager;
– 5% weekly cashback with no wager; – 50% weekly cashback with a 60x wager; – Staking limit: Play to Earn × 15,000. |
Also, players can stake the received TFS via Fairspin’s Hold to Earn program. There are plans for 8 hours, 1 day, and 3 days, during which the holders’ tokens are frozen. Once the staking period is over, the holders return their deposit and get an extra reward, constituting a share of the general casino’s income for the given period.
“Staking via Hold to Earn is risk-free, as holders get their deposit back even if the platform’s profit for their staking time is zero”, says casino’s Community Manager, Poly. Fairspin users can get passive crypto income without risk or effort, and the average annual income is 500% APR.
So, to start earning rakeback Fairspin users have to merely play games. There are 8,850 offers of various genres, ranging from classic slots to live roulette and crash games.
Top Casino Games for Rakeback
All Fairspin games are divided into multiple categories to cater to everyone’s taste. Plus, there are additional filters, making the search even more custom. Let’s review some of the best Play to Earn games, promising secure rakeback and big wins.
Wanted Dead or a Wild
The Western-themed game stands out by its immersive gameplay and stylish graphics. There are 10 bonuses, including full-reel Wilds, and players can make bets from $0.20 to $100. The maximum win is 12,500x a bet.
Sweet Bonanza Xmas
This 5×6 festive-themed slot pays anywhere on the reels while cascading reels and bonus rounds multiply chances for success. Frozen candies stack up for huge wins, and multipliers up to 100x can come tumbling in the free spins round.
Mummyland Treasures
Free games, a Craft bonus, a Wheel of Fortune jackpot, and an impressive 823,543 ways to win! The 7×7 slot offers multiple specialties and captivates with an ever-intriguing theme of mummies and tombs.
Le Bandit
High volatility and a chance to win up to 10,000x a bet! A thrill-a-minute backstreet adventure plays out over the 6×5 grid, serving cluster-pay mechanics, multipliers, free spins, and bonus rounds.
Pug Life
This cartoonish pet slot offers a 96.33% RTP and an array of features. Players are presented with Treat Yo’self and the Dawg’s Den bonus rounds and Wild multipliers. The maximum win is 7,500x a stake.
Choose a game and start earning rakeback! The best part is you don’t have to worry about the honesty of the results. Fairspin is a blockchain-based casino, so all game actions are recorded on a tamper-proof digital ledger to be viewed at any time.
Wrapping Up
The Play to Earn concept has revamped the gaming model, emphasizing exciting gameplay alongside the income potential. This blockchain-driven approach has empowered video gamers to earn real-world value from their triumphs, while casino players can benefit from the best Play to Earn crypto games regardless of the game outcome.
The Fairspin blockchain casino is a trustworthy place to play and earn safely, with an extensive loyalty program and an easy-to-track rakeback scheme. Sign up and climb the loyalty ladder for ultimate rewards!
