Play2Earn refers to the concept of earning real-world value, such as cryptocurrency or other digital assets, by playing video games. It involves integrating blockchain technology and non-fungible tokens (NFTs) into game economies, allowing players to own and trade in-game assets as well as earn rewards.

Several blockchain-based games have emerged that embrace the Play2Earn model, where players can generate income by participating in the game's ecosystem. These games often have native tokens or NFTs that can be earned, bought, or sold. Axie Infinity is one notable example of a Play2Earn game that gained significant popularity.

Since the gaming industry is constantly evolving, it's advisable to research the latest updates and trends regarding Play2Earn in 2023 from reliable sources, gaming communities, and industry news outlets to get the most accurate and up-to-date information.