Has P2E taken NFT adoption as far enough? Experience-to-earn is growing as an alternative that completely removes barriers, bringing new forms of value creation and potentially unlocking the potential of the nonfungible token industry.
ecosystem rewards people on-chain for doing everyday activities, bringing new forms of value creation to everyone. This was previously reserved for invested gamers in play-to-earn worlds.
In contrast, experience-to-earn aims to reward more achievable investment people put in themselves, others and the good into the world, expanding the potential for anyone to jump in and get rewarded on-chain., or the concept and title of the bestselling book by James H. Gilmore and B. Joseph Pine — is one where “experience creates economic value.” The E2E model is developing extends this beyond economic value to create value in social, self-care and self-development experiences.
Think of E2E as offering the breadth of your favorite airline loyalty program without the walled-garden aspects and spending associated.An experience-to-earn model will create significant and sustainable benefits for members, businesses and nonprofits alike.The human element is the differentiator in the E2E ecosystem where activity, engagement, personalization, self-development and empathy drive the rewards structure compared with P2E’s virtual activities of gamer skill and strategy.
Key to its longevity will be welcoming different groups for different experiences and deriving different kinds of value that ultimately builds your best life, however unique to you. For me, that means thinking community-first to avoid a gatekeeper-first mentality of centralized experience brands.
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