DreamFuel Games, a Dutch gaming studio developing a Play to Earn (P2E) game, announced on Tuesday that it has raised $3.6M (approximately €3.5M) from various investors, including Skyvision Capital, Jump Capital, and OKx Blockdream Venture.
Play to Earn or P2E gaming is a platform where users are given a reward for participating in certain blockchain gaming projects, typically in the form of cryptocurrency.
DeFi (Decentralised Finance) and NFT (non-fungible token) elements are used in P2E gaming, allowing users to profit in multiple ways by simply participating in a project.
For example, a user could receive rewards for their in-game achievements, or they could trade their in-game items for other items or currency.