Economic Freedom with NFT Gaming
As NFTs revolutionize the world today with innovative technology, numerous industries have seen themselves changing at full tilt.
One of the biggest growth has been in the gaming space. A major increase in the number of gamers and investors are finally getting into NFT gaming this 2021.
What is NFT Gaming?
In the NFT space, players can earn the local cryptocurrency by mining, battling other users, going on quests, or receiving rental income from their digital land.
They may be used as characters, commodities, and other tradeable objects. The rules, mechanics, and player interactions all employ NFTs in an NFT game.
People make revenue from NFT games by play-to-earn, Play-to-earn NFT games allow players to earn money as they play.
Some terms in NFT Gaming are PVP player vs player, PVE Player vs environment, and MMORPG massively multiplayer online role-playing games, RPG role-playing games, and RTS real-time strategy games.
NFTs are swapped, created, and implemented in games via smart contracts created by developers.
NFT games use blockchain technology in order to prove the history of ownership, Assets secured with blockchain are immutable, they cannot be changed or edited and decentralization is available to all players to view and use.
NFT games that are widely known
Now that you’re familiar with how NFT gaming works, here is a list of NFT games that you might want to check out and maybe, invest in if you feel like it.
Battle Of Guardians: NFT Fighting Game
Overview: Battle of Guardian is the latest NFT play-to-earn game created by a team of four-game lovers to unravel different levels of Metaverse games. This is a PvP real-time multiplayer NFT game developed by Unreal Engine and based on the Solana network.
As the name implies, it is a fighting game in which players participate in multi-realm battles in the virtual world. BOG is a fighting game in which players fight against their opponents to defeat them and earn rewards.
Idle Cyber: Play To Earn
Overview: Idle Cyber uses the Play2Earn model. This essentially means that you can earn real-life money from playing the game.
It’s worthy of note that this game isn’t entirely available to gamers yet. However, it is coming soon, and the developers intend to use the Binance Smart Chain for its creation.
Axie Infinity
Overview: Axie Infinity is known for being one of the best early Pokémon-style games. It is a play-to-earn game developed on the Ethereum blockchain.
Axie Infinity emerged as a formidable contender while moving into 2021. The credit goes to Axie Infinity’s outstanding improvements and its growing player base.
Crypto Kitties
Overview: CryptoKitties was the first game built on the Ethereum network. Players buy, trade, and breed cats to create desirable traits which are actually indivisible and unique ERC-721 tokens.
Players can sell CryptoKitties on major NFT markets like opensea.io. Dapper Labs developed the game on Ethereum and published it in November 2017.
How To Get Started in NFT Gaming?
Some games require an initial investment to purchase or free-to-play games.
Here are the steps to start your NFT Gaming:
- Fast Internet
- Crypto wallet (Every game has a different wallet)
- Choose P2E Game (Axie, Crypto Kitties, idle cyber)
- Connect wallet to the game
- Play the game and earn cryptocurrency
- Sell/Buy on Marketplaces
- Find support (Game discord community)
NFT Gaming Benefits
NFT games might lead win-win to financial loss. It depends on skill level, gameplay, and the value of the coins in the market.
Because NFTs are uncertain and their value fluctuates based on market factors, the extent of your losses is subject to change.
Only invest what you’re willing to lose, just as with any other cryptocurrency investment.
*Disclaimer: The information in this article should not be construed as investment or financial advice. Always do your own research before making any decision to buy, sell or trade NFTs.
Are you ready to jump in?
If you are an artist or an NFT enthusiast who wants to dive into the NFT space and know more about NFTs, how it works and how you can be a part of it, let’s stay connected!
We are honored to support your NFT journey!
Lauren Turton and the Freedom with NFTs team
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