Moxy.io Introduces The ‘P&E’ Concept Ahead Of Moxy Club Pre-Launch

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Disclaimer: The text below is a press release that was not written by Cryptonews.com. 

The Moxy.io team has built a team consisting of several veterans from the video game industry to take gaming to a whole new level by bringing blockchain technology to mainstream games. The team began their adventure in 2021, when a band of blockchain enthusiasts joined up with a group of video gaming industry experts to revitalise 'Play to Earn (P2E).' Having said that, Moxy.io is offering a new paradigm: ‘Play & Earn (P&E)’.

As such, the team is made up of video game industry veterans who were responsible for founding the sector and generating hundreds of popular games and #1 titles over the course of the industry's existence. Moxy.io will be able to push P&E into the mainstream by using the knowledge, skills and expertise of these professionals. The team includes seasoned veterans like Nolan Bushnell (Chief Knowledge Officer), Lawrence Seigel (Executive Chairman), Stewart Bell (President of European Operations), Matt deFouw (Chief Executive Officer), Derek Rathbun (Chief Operating Officer), and Tony Bickley (Chief Product Officer).

Moxy.io's unique P&E paradigm is not the same as P2E. P2E incentivizes a gamer to play a game only because of the available incentives; these benefits are the only consequence desired. The gamer's perspective is to play for earned benefits, rather than for the love of a game. P2E games are thus typically uninteresting and lack value based on gameplay alone. Barriers to entry are also often high, with characteristics that discourage latecomers, such as the usage of NFTs, which only allow early adopters to benefit. This contributes to the pyramid or Ponzi scheme narrative that is frequently associated with P2E