Crypto Gaming, Play-to-Earn, Metaverse, Blockchain Gaming, GameFi, And NFT Games: What Are The Differences?

Crypto Gaming, Play-to-Earn, Metaverse, Blockchain Gaming, GameFi, And NFT Games: What Are The Differences?

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Without a doubt, crypto gaming and blockchain gaming seem like the broadest notions to characterize industry in general as well as a single game project as its unit. Moreover, sometimes people tend to use those as synonyms, which makes sense in some cases but not everywhere.

“Non-Fungible” differentiates these two terms based on the level of their decentralization. For example, Decentraland is a blockchain game because it functions as a DAO and allows a high level of creativity, to the extent of the creation of games inside the game. In contrast, Light Nite X only provides rewards in satoshis, being a centralized project itself.

However, this approach is not as accurate when it comes to games having something from both sides. For example, the Axie Infinity ecosystem includes Ronin (RON) solely as a governance token. However, what about Bomb Crypto, which utilizes its native token Bombcrypto (BCOIN) as both in-game currency and a governance token?

When we come to such complicated ecosystems as Gala, which operates on both Gala governance nodes and Gala (GALA) cryptocurrency but works as a game development studio as well as a game publisher for smaller studios under their wing, its definition is unclear.

Considering the complicated nature of the field, let’s have a rule of thumb: “crypto gaming” is the broadest notion. It does include blockchain games, NFT games, and all Play-to-Earn with integrated crypto. As for “blockchain gaming,” it’s still a wide notion, but excludes fully centralized projects with small implications of crypto and NFTs.

For example, if Ubisoft ever integrated the released NFTs into Ghost Recon: Breakpoint, it would become a crypto game but not a blockchain game. However, there’s a dilemma whether to call a game “a blockchain game” if the game’s logic stays solely on blockchain.

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In my opinion, this doesn’t work anymore. It did become a synonym for crypto gaming: both DappRadar and Wikipedia consider those as interchangeable notions. Moreover, the number of games built only on blockchain is falling.





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