The idea was originally introduced by the Axie Infinity player community. Owners of Axies, the NFT pets that are required to play the game, would loan their assets to new players who didn’t own any Axies of their own.

With the rising popularity of Axie Infinity, the price to buy the NFT pets needed to play the game has increased significantly. This has created a barrier to entry for some players, especially those that are new to play-to-earn. Understandably, not all people are willing or able to invest in purchasing their own NFTs upfront.

As such, a scholarship is a popular pathway to onboard newcomers to NFT games. Play 2 Earn Gaming provides scholarships to new players as a profit-sharing model, where we invest in NFT assets and technically rent them to new players so they can start playing and earning in-game tokens without having to invest any money upfront.

The recipient of a scholarship is known as a scholar. The only upfront requirement of the scholar is their time spent playing the game, their enthusiasm and their willingness to learn.