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Reddit Co-Founder, Alexis Ohanian, Unwaveringly Supports the Play-to-Earn Gaming Model

Reddit co-founder, Alexis Ohanian, holds a strong conviction that play-to-earn (P2E) is the future of

gaming, even in light of the waning popularity of certain prominent P2E games.

In a recent Twitter thread, Alexis Ohanian, the founder and current General Partner of Web3-focused

venture capital firm Seven Seven Six, expressed his belief that play-to-earn (P2E) will become a standard

feature in video games of the future.

Despite the setbacks experienced by play-to-earn (P2E) games like Axie Infinity, Ohanian maintains

a steadfast conviction that such games represent the future of the gaming industry.

Ohanian views the decline of Axie Infinity as a temporary setback, asserting that as cryptocurrency

and NFT trading technologies continue to expand, play-to-earn games will become an obvious

and compelling choice for gamers.

“With recent advancements in Web3, there are now even more avenues for players to be rewarded

for activities they have been engaging in for free over the years,” he added.

Despite the potential challenges that lie ahead for play-to-earn gaming, Ohanian maintains

a strong belief that as the general public becomes increasingly acquainted with cryptocurrency

and NFT trading, the play-to-earn model will gain broader acceptance.

Ohanian’s involvement as an investor in various gaming companies, including Sky Mavis,

the creator of Axie Infinity, underscores his fervent support for crypto-powered video games.

Earlier this year, during a period marked by pessimism surrounding the future of the crypto industry, Ohanian confidently stated that crypto, especially Bitcoin, is here to stay, despite the unfortunate events that unfolded in the industry, including the collapse of FTX.

During that period, Ohanian drew a comparison between the emergence of blockchain technology and the invention of paper, emphasizing that over time, we would witness an increasing number

Other Crypto Veterans Argue Against the Sustainability of Play-to-Earn (P2E) Reddit

Contrasting Views: Ohanian’s Optimism on the Future of Play-to-Earn Gaming Clashes with Concerns Raised by Other Crypto Executives and Game Developers Regarding its Sustainability.

According to reports, Mark Otero, the founder and CEO of Azra Games, has voiced skepticism regarding the feasibility of the play-to-earn concept.

On the contrary, he believes that Web3 games should focus on delivering exceptional gameplay experiences that entice players to engage with them

Additionally, Otero emphasized that the Web3 elements of a game should gradually unfold and become apparent to players only after they have developed a deep affinity for the game, thereby enhancing

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