Guilds are not a new concept and have existed for decades. They exist in almost every major game across multiple platforms (PC, PS4, and Xbox One) and gaming genres (RPGs, MMOs, FPS games). But more recently, blockchain-based games have begun to introduce gaming guilds as a way to incentivize team building and engagement.

What are P2E Guilds?

P2E Guilds or Crypto Gaming Guilds are organisations that act as intermediaries between investors, managers, and players. The guild purchases the digital assets or NFTs needed to play the game, and they loan these assets to players or “scholars” in exchange for a portion of the profit. This scheme became popular with the pioneering P2E game, Axie Infinity. Guilds have proceeded to venture into other P2E games as well and they continue to be the first to test new games that come out.

What are the advantages of joining a Guild?

The GameFi industry is at a pivotal moment in its development. There are many opportunities for growth, but in order for this to happen, there needs to be ways for gamers to connect and socialize with other gamers. And that’s where guilds come into the picture. Guilds provide many benefits to players that give them an advantage over others.

Lowers barrier to entry. P2E Guilds are the easiest and most efficient way to experience play-to-earn titles. By joining a guild, players are able to explore new games without risking a large personal investment in the game, and while simultaneously gaining a portion of the profit. This decreases the risk that players take on when they invest their time in a game and lowers the barrier to entry for new players testing the waters.

P2E guilds invest in education of their players. The majority of guilds provide training programs for both newcomers and current members. These programs are structured to give new players a chance to learn the ropes and increase their earnings. These programs can be invaluable to new players looking to master the game.

Guilds provide the social aspects of gaming. Guild members typically use Discord servers as hubs for their communities. Discord communities are a great way to create immersion for players and build a sense of community with other players. Discord servers are also useful for keeping track of membership and assets for accounting purposes.

Guilds drive innovation by supporting new P2E projects. Guilds allow game projects to hit the ground running with a community of active and engaged participants that already understand the industry and the technology behind it. Some games reward guilds with NFTs and tokens for participating in early iterations of the game and for proposing new game features or changes.

Do Guilds Hold the Future of Blockchain Gaming?

The introduction of player guilds is seen by many as potentially game-changing for the blockchain gaming space. That’s because guilds are creating remarkable value for their members and the industry as a whole.

In a way guilds do hold the future of blockchain gaming. In fact, they’re essential for any blockchain game to succeed. Guilds help increase player numbers. As a result, a higher number of players will make it more likely for bigger and better games to be launched, which will then drive the growth of the industry as a whole.

While it is still a bit too early to tell just how successful they can be, experienced investors are already starting to notice that it is worth making a big bet on these guilds. If you are a gamer, and you have some spare time to invest in playing P2E games, you might as well join a guild and make money from playing games. However, if you do not have much time to invest or money to spare, it might be a good idea to see how the P2E gaming market will develop.