For metaverse gamers and P2E enthusiasts, a gathering is coming to Miami that will bring together investors, gamers and collectors from across the crypto space. WhaleMaker, a collaboration of NFT and Web3 investors, is hosting an event on May 3rd and 4th to teach gamers and crypto enthusiasts about the world of P2E, or “play-to-earn” gaming in the metaverse.
Key speakers include the “As Seen On TV” pioneer and original Shark on TV’s Shark Tank, Kevin Harrington, top crypto and NFT investor Roger C. Bryan (known in crypto circles as booknerd.eth) and serial tech entrepreneur Joel Comm. Joel is a New York Times best-selling author and blockchain enthusiast.
Gamers Earning Money Through P2E
P2E is a gaming platform that allows individuals to play video games and earn cryptocurrency or NFTs through their efforts. As crypto and NFTs are earned, they may be exchanged for fiat currency such as U.S. dollars. P2E has exploded in growth over the past few years (along with cryptocurrency).
It’s seen as a fun way to earn extra cash and team up with others who are interested in the blockchain. Until now, most players have used P2E for passive income, but some have been able to make the transition from part-time to full-time income – all while enjoying a video game.
WhaleMaker was co-founded by Shark Tank star Kevin Harrington and venture capitalist Roger Bryan. The platform invests in emerging NFT, Web3 and crypto projects.
It has also created its own NFT collection termed Whale Sharks. While Whale Maker has invested in some tremendously successful projects, they are seeking to find and fund new opportunities in the NFT market.
For those who are new to cryptocurrency and NFTs in general, an NFT is a virtual piece of art or music that is minted within the blockchain world. NFTs can be worth thousands of dollars and are used for trade or resale.
Once an NFT is created, it can’t be replicated within the blockchain. You can imagine an NFT as a digital version of a famous painting, building, or song. The acronym “NFT” stands for “non-fungible token.” Non-fungible, while not a term widely used, simply means rare or unique. It’s a special type of cryptocurrency.
Why Do People Join P2E Guilds, and What Are They?
A P2E guild is a group of people who enjoy a game specific to the P2E world. They may share information amongst themselves and team up to earn cryptocurrency. Members of P2E guilds have a commonly shared interest in cryptocurrency and gaming.
These guilds exploded during the pandemic and its numerous lockdowns, and there are now groups with tens of thousands of members. They compete against other guilds that play the same P2E games in an effort to earn more crypto or NFTs.
You can find P2E guilds through Discord, a communication platform that spotlights information on cryptocurrency, the blockchain, DAOs, and P2E.
What Is WhaleMaker’s Whale Guild?
The Whale Guild is a P2E business run by WhaleMaker. It’s a form of guild for P2E players to join together in their efforts with Axie Infinity, one of the top P2E games available.
All assets and revenue earned from member players are held inside the POD DAO, another division of WhaleMaker. The POD DAO utilizes the funds earned by players to invest in other blockchain opportunities, such as Web3, Metaverse, Defi, GameFi, and NFTs.
The Whale Guild expects to outperform in 2022, adding more than 1000 members to earn crypto through winning games in Axie Infinity. The goal is to earn over $5M in Smooth Love Potion (SLP), an Ethereum-based crypto token earned through Axie.
Players can earn SLP by winning battling matches or increasing their ranking in Axie. SLP can be traded for other cryptocurrencies, such as Ethereum or Bitcoin. Ethereum and Bitcoin are both eligible to be traded for cash, or fiat currency.
It’s also important to note that P2E is in its early stages – the potential is still unknown.