Blockchain developers have proposed several different ways to encourage users to use their products, including the idea of Play-to-Earn (P2E), Move-to-Earn (M2E) and Watch-to-Earn (W2E).
Some of the ways to earn cryptocurrencies listed above have proven more successful than others and each has its own quirks, characteristics, and potential drawbacks.
Play-to-Earn is a digital currency that players can earn while playing games or watching videos. The amount of P2E coins you earn depends on how much time you spend playing the game, which means that it’s not just about popping open your wallet and dropping money into it. Instead, it’s more like “earning” as a reward for doing something good—like watching ads or playing games—and then keeping those earned coins in your account so that they’re available to use whenever necessary!
M2E is the next step up from X-to-Earn, and it means you can earn coins from your daily activity. The idea behind M2E is that you will be able to earn coins by doing things like taking surveys or completing tasks on social media sites.
Once you have earned enough, you can exchange them for real money in the marketplace!
W2E is a reward system that allows you to earn tokens by watching ads on your mobile or desktop device. You can also watch videos in exchange for tokens, which are used for purchasing premium content and other goods from the platform. The more time you spend watching ads and videos, the more rewards you get!
We hope this article has cleared up some of the confusion around what “X-to-Earn” means in crypto. We know it can be confusing, but we also want you to know that we’re here to help if you have any questions about crypto industry at large.