If you’ve heard of NFTs and their rise in popularity recently, it might not come as too big of a surprise to hear that we now also have NFT games. Yes, it might be somewhat difficult to constantly keep up with new concepts and things to keep an eye on, which is precisely why we’ve researched for you so you can easily check out if it would be something you are interested in as well.
NFTs, or non-fungible tokens, have been taking on the world by a storm as increasingly popular digital blockchain-based assets that come with clear ownership and a broad spectrum of individual attributes and value. However, many people mistake them with traditionally fungible digital assets, while that is not the case. Curious about NFT gaming? Let’s get to it.
What are NFT games and are they as profitable as the internet claims?
You might be wondering how NFTs and games are even related and that is a good question to pose. Luckily, we are here to answer it with you. With the huge growth of the NFT, more and more games are hitting the market, such as those over on solchicks.io. While it might still be a relatively new concept, NFT gaming is one of the bigger developments relating to non-fungible tokens overall. As such, it should be on your radar. Providing yourself with an income while enjoying your gaming time is the perfect opportunity laid out by the fast development of NFT technology.
It is a big claim that these games are the future of gaming as we know it, but it seems that it just might be the case. Think of NFT gaming as gaming with added value – and the value comes in various interesting forms. Bear in mind that gaming comes in as one of the fastest-growing industries in the world. Therefore, it is not odd that NFTs were bound to enter the game world and it seems they are here to stay. To demonstrate just how big of an impact there is already. numerous examples of gamers earning mass profit off of playing NFT games are already being widely reported and the games are steadily getting onto the mainstream horizon. Some report even making impressive incomes on this type of gaming and more and more game developers seem to be tapping into NFT and blockchain technology at a steady pace. Given that NFTs provide a clear and transparent trace of ownership, more gamers are incentivized to choose to take part in the virtual world on a larger scale.
Realistically speaking, gamers invest a lot of time and money into their gaming experience regularly, whether it be practicing new moves or doing the already known ones in a split second less, or be it different costumes, better weapons, various equipment, and more. A logical question emerges – what if the players could directly and easily profit off of their gaming experience and expertise? What if you could buy and sell your achievements, items, characters, and much more? While some may (and do) take issue with such gaming practices, establishing clear ownership, terms, and conditions on the non-fungible tokens in the gaming sphere can provide and prescribe the usage of tokens. This means that with an NFT, you as a player are protected with your ownership rights over the digital goods you obtain and possess, whereas in regular gaming the items and achievements that you unlock still belong to the game itself in terms of ownership. Value derives from various factors such as in-game utility, rarity, and collectability of a particular item and more but the opportunities are, more or less, endless and still growing.
Realistically, what is the appeal and possibilities of Play-to-Earn in 2024?
Play-to-Earn is, as we have established, a largely wanted concept. By crossing games with non-fungible tokens, we get a new model of profit for doing something you probably already like. The possibilities are vast and go beyond what we thought was possible. Think about it, selling or trading your gaming non-fungible tokens on an NFT marketplace is a real possibility for earning real money. Why pass on it?
While it is up to you to consider whether this type of gaming sounds appealing, more and more players are deciding to give it a shot for obvious reasons and those alike. Keep in mind that with market development there are more and more NFT games being dropped daily. Keep in mind that for some of the games all you need to do is play to access non-fungible tokens and other cryptocurrencies by passing levels or completing tasks.
How do you begin playing one of these games? Are there special requirements?
By now, we are sure you are warming up to the idea of giving NFT gaming a go. But, how is it that you even access and start playing these games? First, what you will need is a crypto wallet and a game of your choice. What you then want to do is connect the two, at which point you can store, save and earn yourself all of those in-store items and those are the items that you can later sell in marketplaces for cryptocurrency.
Besides opening up a digital wallet, which you might already have, these are the few steps that lead you to become part of the Play-to-Earn gaming and setting yourself up for both enjoyment and financial profit. There is not much more to it than these five simple steps before you are hunting down items and achievements to trade and sell in the NFT marketplace. Take time to research your digital wallet and the games of your choice and the rest of the process is as easy as that. Once you complete that, there is not much more than to enjoy your new and exciting gaming days, all thanks to the NFT growth and development that is capturing eyes all across the world.