NFT Games: Do you want to know about NFT gaming or the best NFT games to make money?
The concept of playing video games / PC games has changed a lot since the 90s. There was a time when we had to satisfy ourselves by playing ping pong, but today, video games have become more interactive, engaging, entertaining, and closer to life.
What is NFTS?
To understand the mechanism behind NFT games and how you can make money from them, let’s define what NFT is.
NFT stands for “Fungible Token”. As stated in his Wikipedia article, affirms that “a unit of data stored in a digital ledger, called a blockchain, is a digital resource unique and therefore not interchangeable.”
This means that NFT acts as a unique identifier that authenticates something like a complete one-of-a-kind. And that no one else, but the current NFT holder owns that item
The popularity of NFTs is on the rise due to the use of digital items for buying and selling. This ensures that anyone can view or copy the digital items in question, only one of them retains the original.NFTs are used in various digital collections.
What is NFT Game?
NFT games are still just like your normal video games. The only real (and important) difference between these games is that they are built on NFT and blockchain technology.
These technologies in turn provide a decentralized platform for these games. This means that whatever you gain in that game is yours and yours.
In a simple video game title, gaming companies have complete control over their games. Although the assets purchased from in-game transactions go to the players, they do not own those assets.
This means that the organization behind the game can snatch them from the players at their discretion.
In NFT games, however, this is a different story.
Once you acquire an asset for that game, including their in-game currency, that asset is wholly owned by the holder. And that includes selling to others.
A quick look at the top 7 NFT games
So far, we’ve seen a lot of artists, celebrities, and business tycoons show interest in non-fungible tokens, which has influenced the public to invest in NFT.
At NFT Gaming, you can buy in-game digital assets and trade in the Crypto / NFT Marketplace. Over the years, NFT has revolutionized the online gaming industry for both developers and gamers.
But, the question remains – which NFT game is the best!
Well, from our market research, we found that the following 7 NFT games are fun, reliable to play, and allow you to earn crypto coins:
- F1 DeltaTime
- Axie Infinity
- Chain Z Arena
- So rare
- Cryptokitties
- Evolution Land
- Gods Unchained
So, without further ado, let’s discuss these NFT games in detail, and we’re sure you’ll find out at the end of this article why we’re suggesting them.
How Can You Make Money With NFT Games?
The primary way to make money in NFT games is to earn in-game currency for that particular game.
For example, Axie Infinity uses SLP for its in-game currency (as well as AXS), CryptoBlades uses SKILL, My Defi Pet uses DPET, and so on.
Although in-game currencies are primarily used for in-game work, such as buying new assets within the game, they are also considered cryptocurrencies.
That way, you can exchange them for real-world money in exchange for different currencies. You can also exchange them for other types of cryptocurrencies.
These in-game coins can be earned in different ways depending on the game.
Top 10 Ways to Make Money through NFT Games
- Tournaments and events
- Virtual real estate
- Scholarships
- Staking tokens
- Earning the in-game currency
- Breeding
- Minting new items
- Trading NFTs
- Streaming
- Mining
How do you start NFT games?
These NFT games can be easy or difficult to get started depending on the game situation. Although some games are free to play, they usually offer only the basics you need to help you learn to play games.
If you want to start making money through NFT games, you still need some financial investment. And again, this would mean that you have to spend for these processes.
Since the in-game currencies used for these NFT games are essentially crypto, they are still subject to extreme instability.
However, in general, more popular NFT games require so much investment that it can be difficult to start late.
The best example is Axie Infinity which is currently the most popular NFT game. In 2020, Three-Axis (their in-game character assets) cost about 5 per team. But today, in 2021, you will have to spend about $ 1000 for the same team of three Axis.
Conclusion
Although the NFT game is a great way to make money online, there is still something to be done while enjoying it. If you want to invest in it, you still have to be careful decisions should be made carefully.
NFT games are not the problem here. The problem lies in the highly volatile nature of cryptocurrency. NFT games are still crypto in nature. Its value can go up or down quickly depending on the demand.
So, if you are not careful, you can lose all your money. Therefore, always invest what you can afford to lose.
But the NFT game is not a scam. They are one of the legitimate ways to make money online today.
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