NFTs allow players to earn money by playing games on their platforms. The lethal combination of blockchain with games is what we call NFT games. You might think what NFTs are. NFTs are a mutation of a modernized version of cryptocurrencies.
Undeniably NFTs are pretty much similar to cryptocurrencies but have a different motive. Unlike cryptocurrencies, NFTs cannot be exchanged with fiat currencies; if you want to convert an NFT into fiat currency. You first need to convert to a cryptocurrency on a swapping platform. To make more enormous profits in cryptocurrency trading, check the bitcoins era. NFT games reward players with NFTs that indeed have real-life market value. Here is a complete portion explaining NFT games.
NFT games to look for
Thousands of NFT game projects are present in the Game Fi industry, but some are Ponzi schemes. Here is a list of NFT games that one should watch. The first NFT game is Alien Worlds, the game is one of the traditional projects, and the user base is over 2.5 million. The concept of both Alien world and crypto mines is similar to each. Both of these games consist of a virtual environment in the solar system.
The cryptocurrency or token of Alien Worlds is Trillium. Arc8 is the second popular NFT game, the game majorly focuses on the player vs player mode, and you can compete with the opposing party to win the in-game currency. The other list comprises Axie Infinity, Crypto Blades, Spinterlands, Gods Unchained, and Momo Farmer.
What are NFT games?
Before investing valuable cryptocurrency assets in any NFT game, you should know the concept of these NFT games. To understand NFT games, first, we need to understand the notion of NFTs. NFTs are a non-fungible token that can be anything.
Anything here means a collectable, a virtual artwork, and ownership of a real-world project. NFTs have eased the process of forming a decentralized universe. In NFT games, NFTs can be an in-game currency, characters, maps, or any other game item. NFTs in NFT games have value in the marketplace, and one can make money by selling off these NFTs.
What is the mechanism of NFT games?
Holding cryptocurrencies in a digital wallet and NFT games have tons of disparities. For example, in P2E NFT games, a player gets the opportunity to create revenue by playing. The token or in-game currency a player earns in the game has a giant utility for upgrading your level in the game.
Most of the games prefer token systems or in-game currency systems rather than dropping NFTs straight up in the player’s accounts and dropping NFTs directly into players’ accounts, unstable for the game’s economy. As a result, play to earn games have acquired traction, especially amongst teenagers and millennials of developing countries.
There are significantly fewer chances that a player loses the entire amount they invested in the game. The instances that can lead to such incidents are when you try to transfer the token or in-game currency to a cryptocurrency wallet that is not with a token. Moreover, one can also lose NFTs when a scammer tricks them into transferring entire NFTs to the hacker’s wallet.
Making money in NFTs is simple as the gameplay and UI of these games is very easy to comprehend. There are even some NFT games that you have to just run on your desktop, and the game will keep in-game mining currency or NFTs by itself. An example of this game is crypto mines. However, Eternal, the in-game currency of crypto mines, crashed recently.
A few weeks back, eternal was trading at $700, and today the market value of eternal is just $5. The developers of crypto mines have decided to form a new project with a similar concept but with changing dynamics. The reboot is in the hands of the community playing this game. If most gamers vote for a reboot, then the developers of this game will start working on a new project.