Have you ever considered having fun and earning in the same space. Sound fun, right? NFTs are rising digital assets in the crypto world, and this is how you can use In-Game NFTs or also known as Crypto Gaming.
What are NFTs?
NFTs stand for non-fungible tokens, which are digital assets stored on a blockchain that can’t be copied, substituted, or changed. A blockchain is a digital ledger that securely stores and tracks transactions and assets.
What are In-Game NFTs or Crypto Gaming?
There are many blockchain technologies that support in-game NFTs. NFT games are similar to traditional video games, where players can sell, trade, and buy items for in-game currency. NFT games also allow players to transfer their earnings to other games and exchange it with other players with cryptocurrency.
Know How NFTs Games or Crypto Gaming Work
The developers of the game used smart contracts to create the game. It is a unique contract designed using blockchain technology.
The game uses non-fungible tokens to provide a foundation for how players interact, the rules, and how players move in the game. A user can use NFT to create a character or find, create, buy, or trade NFTs within the game to play.
Benefits of In-Game NFTs or Crypto Gaming
- Security
There is an assured security when using in-game NFTs. Blockchain technology provides security, ensuring their validity and authenticity. Don’t be scared to play.
Blockchain technology also prevents fraud, duplication, or theft of digital assets. Players can enjoy access by verifying the history and ownership of any NFT on the blockchain. So be sure of safety and fun. - Customization
The in-game NFTs allow players to personalize their gaming experience by creating and acquiring unique digital items and characters. Fun right?
The effect of the items and characters is to reflect the player’s identity, preferences, and style. The In-Game NFTs can also enhance the gameplay by providing different abilities, skills, or features. - Monetization
The fun of in-game NFTs is that it can be a source of income for players. They can earn cryptocurrency and NFT rewards by playing games. Players can monetize their in-game achievements and assets by selling them on marketplaces or platforms that support NFT trading. - True ownership
In-game NFTs are tied to your address on the blockchain, not the game. This means that you have full control over your digital assets and can use them as you wish.
You can sell, trade, display, or lend your NFTs to other players or platforms. You can also transfer your NFTs across different games or metaverses, as long as they are compatible.
Successful Crypto Gaming Platforms
- Axie Infinity: This is a popular play-to earn-game. Players can breed, battle, and trade Axies, which can be represented as NFTs.
- The Sandbox: it is a metaverse game where players create, own, and monetize their gaming experience.
- Decentraland: this another metaverse game with real estate feature. It is where players can buy, sell, and build lands, estate, and digital assets.
- Leagues of Kingdoms Drago: this is a blockchain-based game that allows players to collect, breed, and battle dragon-like creatures called Dragos
- Gods Unchained: in Gods Unchained, the free-to-play trading card game allow players to collect, trade, and battle cards that are represented by NFTs.
- CryptoKitties: this is one of the first popular NFT games, and is still popular today. Players can breed, collect, and trade CryptoKitties, which are digital cats that are represented by NFTs.
- Illuvium: Illuvium is an upcoming open-world RPG game. Here, players can collect, battle, and fuse Illuvials, which are digital creatures that are represented by NFTs.
- Gala Games: this platform hosts a variety of play-to-earn games, including Town Star, Spider Tanks, and Mirandus.
These are a few of many successful crypto games available today. As the crypto gaming industry keeps growing, we can expect to see more innovative and exciting games emerge in the future.
About Author
Discover more from TRW Interns
Subscribe to get the latest posts sent to your email.