Play to earn, also referred to as GameFi, is now the industry’s fastest-growing sub-sector.
The valuation of the online gaming business is expected to hit USD116 billion by 2021, thanks to the fact that more than 3 billion people around the world spend time playing these games.
P2E is expected to reach USD3.7 billion by 2028, making it one of the most fascinating gaming platforms in the world.
New entrants to the market are seen as a boon for the industry’s potential to become “the future of online gaming.”
Play to earn Inc has been one of the most well-known companies in the industry today. It boasts of revolutionary technologies that make it a cut above the rest.
P2Earn Inc Welcomes Jeff Burton As Board of Advisors Head
P2Earn Inc, a Canadian blockchain gaming firm, has recruited Jeff Burton, co-founder of gaming giant Electronic Arts (EA), to serve as chairman of its board of advisors.
Burton’s impressive resume in the computer gaming industry, in addition to his stellar credentials, makes him an invaluable asset to the play-to-earn startup. Burton brings a plethora of experience and insight to the table, making him an important addition to the company’s growth and development.
In a recent announcement, Play to earn Inc. revealed that the full release of their platform would occur in the second quarter of 2023. After eight months of successful beta testing with a small group of users, the product is finally ready to be released to the public.
Burton helped start Electronic Arts, the company responsible for the Medal of Honor series, the Madden football franchise, and the PGA Tour video game franchise, among many other popular games.
P2Earn Inc: The 1st Play-to-Earn Gaming Guild To Go Public
In 2011, P2Earn Inc. was founded to meet the growing demand for cryptocurrency-related services. The company is the first play-to-earn gaming guild to go public, and it provides blockchain gamers with a unified online platform.
Player ownership of an NFT is not necessary to participate in the game’s play-to-earn concept. As part of a gaming guild, gamers can rent in-game assets from one another and pay for such rentals with money earned in-game.
Electronic Arts (EA Games) Co-Founder, Jeff Burton, Joins Play to earn Inc (CNSX: PXE) As Advisory Board Chairman. https://t.co/SHn7mibMew#BlockchainGaming #PlayToEarn #EAGames #Blockchain #P2E #P2earn #gaming #NFT pic.twitter.com/C7z9hZaUH3
— P2Earn.io (@P2earn_io) May 2, 2023
Burton, sharing his enthusiasm following his appointment to P2Earn’s advisory board, remarked how “delighted” he was to be part of the company’s efforts to bring Play-2-Earn gaming to the masses.
The advisory board chairman said in a press release:
“I have long believed that the concept of players earning a share of the profits through gameplay was the future of all gaming.”
Since at least 2017, Burton has shown an interest in cryptocurrency on a professional level. His LinkedIn page says that he had served on the Board of Advisors for the cryptocurrency education platform BitDegree.
The Lithuanian crypto game Engines of Fury, which is currently in beta and describes itself as a “MOBA RPG” (a hybrid of the multiplayer online battle arena (MOBA) genre and role-playing games (RPG), has appointed him as Chairman of the Board of Advisors.
Meanwhile, P2Earn CEO Alex Lineton was ecstatic to have Burton on board before the official release of the Play to earn Gaming Guild.
“Jeff’s experience and network are not only legendary in the industry, but also proving invaluable to us as we begin to enter the next phase of growth of our Gaming Guild.”
Under Burton’s guidance, Lineton said he is excited to bring on more gaming industry experts to the advisory board.
-Featured image from p2earncorporate.io/