How Can You Make Money On NFT in Games

Some of the most popular blockchain games that make use of NFT technology. Everyone appears to be familiar with NFT technology. Non-fungible tokens are employed in a wide variety of industries, including gaming. Both developers and players benefit from the technology.

We discuss the five most popular games whose developers used the NFT.

How NFTs are Being Used in Games and The Gaming Industry

NFT technology can be used to attract investment in video games. Players can create, purchase, and sell tokens representing any in-game asset, thereby supporting the creator. NFTs can be used to tokenize game assets such as skins, artifacts, weapons, and other game components. Special token standards have even been developed for the gaming sector, such as Ethereum’s ERC-721 and the more recent ERC-1155.

The first was introduced in November 2017 in the online game CryptoKitties, developed by the Canadian business Axiom Zen.

The game is a decentralized program that allows players to amass virtual cats that can be purchased, sold, and even bred. The user pays a charge in Ethereum after completing a transaction, and each kitty is unique. Animals with unusual genes or those that have existed for an extended period of time are in high demand.

Additionally, the program is exportable to any other game that implements the NFT standard.
Another feature of the system is that it enables virtually any user to manufacture an NFT token. While NFT coins are most frequently created on the Ethereum network, they are also possible on other blockchains, including Binance Smart Chain, Tron, Polkadot, and Tezos.

Some Basics to Know

GameFi (gaming finance) is the economic arena of games. These kind of games enable you to make money by utilizing the Play-to-Earn idea. Although the concept of earning and monetizing your gaming experience has existed for a long period of time, it has gained increased popularity in recent years. Each day, there are an increasing number of NFT games that offer the chance to earn.

Play to Earn is a concept that enables anyone to earn money while engaging in computer or mobile gaming play. This is frequently the native cryptocurrency and game goods in crypto games. Cryptocurrency can be traded on a cryptocurrency exchange (such as Binance), and gaming items can be sold on specialized marketplaces.

Another concept is Pay to Win. This indicates that there is an option to donate and gain an advantage over other players in the game. For instance, purchase unique equipment, weaponry, or local currencies.
Numerous cryptographic games combine both of these notions. This implies that you must first invest money in order to play and profit. Additionally, without donations, you risk perpetual loss, which is at the very least irritating.

However, there are crypto games that do not demand any investment from you, or require very little effort.

What Is The Role of NFT in Crypto Games?

In games, NFT can take the form of any character, weapon, look, game element, or card. They can bestow perks on you throughout the game, allowing you to become cooler, stronger, and more efficient. Or it might simply be a visual impact that does not confer any gaming benefits on you but helps you stand out from the crowd.

Bonus-granting NFTs are comparable to premium tanks in World of Tanks. Additionally, there are NFTs that do not provide such perks as gear in CS:GO or DotA.

Top Crypto Games for 2022

Gods Unchained

Gods Unchained is a deck-building card game. Due to the fact that you have your own deck, you must outplay your opponent.

NFTs are a subset of playing cards that share specific properties.
You may rest assured that your cards will always be yours thanks to the blockchain. The NFT principle safeguards your deck against stat changes.

Since 2018, the game has been operating on the Ethereum blockchain. You can purchase a GODS token in-game. The game’s whole economy is based on this cryptocurrency, which is used to make payments, conduct exchanges, and pay commissions.

Axie Infinity

You can play games in this wide-open world. The game is like a farm, and the player moves around in search of animals – Axie.

In this NFT game, you can play it on a PC, as well as on Android and iOS. In the game, you have to buy, breed, and improve your pets, fight, and get land that sells for a lot of money. As for making money with Axie, you don’t need to have a lot of money to do that.

To play, you need three pets. Having a pet is a good way to get things for free. There is no one like them. Pet prices vary a lot.
In order to get SLP tokens, the main thing you can do is work. To get them, you need to go on adventures and fights, complete quests, and win.

The Sandbox

The Sandbox is a sandbox that looks a lot like Minecraft or Roblox, but it runs on the blockchain.
In the game, there are ideas from the Metaverse, NFT, and GameFi that come together to make it. At SAND, you can build your own world and then sell your work on the market.

However, it is important to keep in mind that SAND is already a well-known and popular project, so land prices are high in this area.

There is a lot of money in this country because of the SAND cryptocurrency. This is a token that can be used with the ERC-20 blockchain. It lets you buy things, as well as land, resources, and jewelry.
There is no direct way to earn money in this NFT game, but you can sell your own creations on the marketplace and set their own prices. This is more like NFT art than Play to Earn.