• Reddit co-founder Alexis Ohanian is a strong proponent of the play-to-earn gaming model, despite the recent decline in popularity of some major P2E games.
• Ohanian believes that within five years, most gamers will not play games unless they are compensated for their time.
• He cites the success of virtual clubs and CS: GO skins as proof that play-to-earn models will make a comeback with advances in Web3 technology.

Play-to-Earn Gaming Model

Reddit co-founder Alexis Ohanian firmly believes that play-to-earn is the future of gaming despite the decline in popularity of some major P2E games. In a recent Twitter thread, he said that within the next five years, majority of gamers won’t play games unless they are being properly valued for their time. He also cited examples of successful virtual clubs and CS: GO skins to back his point about how these models can become more widely accepted in the future with advances in Web3 technology.

Alexis Ohanian’s Support

Ohanian is an investor in several gaming companies, including Axie Infinity creator Sky Mavis, and he has been an ardent supporter of crypto-field video games. Earlier this year, he compared the advent of blockchain to the creation of paper and expressed optimism about its potential applications over time even amidst all pessimism surrounding it at that point.

Others’ Skepticism

Despite Ohanian’s belief in the future of play-to-earn gaming, many other crypto executives and game developers argue that such a model is not sustainable. Azra Games founder and CEO Mark Otero, for instance, has expressed skepticism regarding its viability as a concept.

Future Challenges

Though there are certainly challenges ahead for play-to-earn gaming models, Ohanian remains convinced that as wider public becomes more familiar with crypto and NFT trading technologies it will become much more widely accepted.

Conclusion

In conclusion, while there may be obstacles to overcome before Play to Earn becomes mainstream among gamers worldwide, those who believe in this new model remain hopeful that it will eventually become standard practice in video game industry over time due to advances made with Web3 technologies.