The available NFT gaming genres range from MMORPG, strategy, survival, battle, tactical and role-playing games to sandbox RPGs and simulation. Although some players play these games for fun, a vast majority play NFT games to earn. This article explores the nature of NFT games and facts about making a fortune off playing NFT games.
What Are NFT Games?
Players have no control or ownership in traditional video games, even though they sometimes pay to acquire in-game items. You buy a game, play the game, and each asset you acquire gets stored in the gaming inventory, but should anything happen to the servers or game, all progress and earned laurels will disappear. Resolving these problems is the central idea in NFT games and NFT gaming.
NFT games are decentralized games that use blockchain to prove ownership of specific game assets. The NFT art world exploded in early 2021, and game developers quickly joined the bandwagon. These developers capitalized on the on-chain nature of NFT games to prove ownership and history of ownership of in-game assets.
Players of NFT games can enjoy a shared record of the history of who owns what asset on the blockchain. If a player owns a digital asset like an axe in a game, that player will continue to own it until it is sold or traded. The game may be taken down, but the owner will continue to own the axe.
Additionally, NFT games also implement the idea of scarcity using the blockchain. The developer of a blockchain game must do more than go in and add more assets after the initial creation and deployment of the assets in the game. NFTs in NFT games are also uneditable, meaning all assets retain their unique features forever.
The unique advantage offered by NFT games is that they allow gamers own assets that remain on the chain forever. When an NFT game ceases, the player can still use the asset in other games or sell the asset in the open market for profit.
The 7 Most Popular Titles
Whether you are a seasoned NFT game player or simply crypto-curious, there is an NFT game for you to play. We explore the most popular NFT game titles below.
- Ember Sword
If you want to choose your adventure game with isometric role-playing games similar to RuneScape in the ’90s, then this game is for you. Ember Sword is a free-to-play massive multiplayer online role-playing game hosted on the ImmutableX ecosystem. Its ERC-20 token, Ember, allows you to acquire land, collectibles, subscription plans, and more. Ember Sword takes place in the eponymous digital world housing the 4 nations viz Solarwood, Duskeron, Ediseau, and Servant. Players roam freely worldwide to hunt down monsters, bosses, and rival players. They can also explore the world in search of goods and rares to create tradeable NFT items.
- Illuvium
Illuvium sets players on an adventure in a fantastical open world where you can explore and capture wandering creatures of the world called Illvials. Illuvial comes in various classes, strengths, and weaknesses, like Pokemon. So Illuvium is a 3D auto battle version of Pokemon, with an auto battler system similar to Auto Chess. Illuvial are stored as NFTs in user wallets on the blockchain.
Illuvium Zero is a building game that has a land component on Illuvium. The land allows you to create an environment with the available infrastructure in the style you want.
- Aurory
Aurory is a Japanese role-playing NFT game set in a retro-futuristic Universe. The story of Aurory highlights the dichotomy between the centralized and decentralized universe. On the one hand, we have Antiques where power is concentrated within the hands of a few. On the other, we have taken a parallel universe discovered by the enigmatic Satoshi. The core gameplay centers on capturing monsters called Nifties and using them to engage in turn-based battles. With elements of Pokemon and studio-designed aesthetics, Aurora would easily capture the heart of every player.
- STEPN
The move-to-earn game allows you to earn for working out and moving. However, you must purchase three pairs of sneakers in the game to earn more. Imagine earning $55 daily for a 45-minute workout; that’s possible on STEPN. You can purchase STEPN sneakers on Magic Eden or the in-game store. An average STEPN sneaker costs around $1,100, and the quality of the sneaker varies with the type of sneaker.
- Geno Pets
Genopets is a free-to-play move-to-earn game with a low entry barrier and a Pokemon-styled game-filled progression system. Ingame rewards earned through physical movements can be used to upgrade and evolve Genopets NFTs. Upgraded Genopets are more effective in battles against other genopets. The game also encourages mental and physical exercise. If monetizing your workout and taking care of your mind tickles your fancy, then Genopets is the game for you.
- Thetan Arena
Thetan Arena is a multiplayer online battle arena game similar to Wild Rift and Brawl Stars. It offers a sprawling selection of heroes ranging from assassins to marksmen for players to choose from. Players receive a marksman hero called Raidon when they enter the free-to-play game, which they can use to climb the ranks and earn rewards. The rewards can always be cashed out and reinvested into paid heroes or loot boxes to boost earning potential.
- Bomb Crypto
The BNB Chain-based NFT game is a nostalgic tribute to Bomberman. With a starting cost of 10 Bombercoin, players can assemble and manage a team of bomber heroes. Like the classic Bomberman game, these heroes will be placed in strategic areas where they can launch Bombs to mine in-game Bitcoin. Heroes have varying abilities and effectiveness in the game.
Debunking the Myth: The Biggest Wins So Far
The truth is that players with the highest amount earned from NFT games were in Asia, where Players in the Philipines earned around $500/month playing Axie Infinity. These players put in the work and time needed to earn this amount and earned good cash in return. However, $500/ month is not millions of dollars as influencers may have touted while promoting popular titles on Social media.
There are also records of other games on the Ethereum and Solana networks that paid about $200 daily for a reasonable amount of investment, time, and effort. In the long run, however, the return from such games is reduced by several percent due to market volatility. Earning $6,000 per month playing blockchain games all day also amounts to just $72,000 annually, which is quite different from what most software engineers earn monthly.
Yet a player needs to earn $6,000 per month consistently for around two decades to become a millionaire assuming you saved 50% of the amount earned. Unfortunately, this is impossible as tokens and NFTs are volatile, and you may earn 50%-90% less during a downtrend.
Generate Passive Income With NFTs on Pandora.Digital
Pandora is a high-yield gamified DEX on the BNB Chain with lots of opportunities for users. One of the biggest opportunities on Pandora is NFT Staking. Anyone can buy and stake DroidBots to earn exciting rewards in BUSD.
Furthermore, Pandora also offers other exciting opportunities to earn for users. These opportunities include the now-popular NFT securities. Owning a Pandora NFT security is like having a blue-chip asset or equity in a Fortune 500 company. The flexible, decentralized NFT security is the first of its kind in the crypto space, and the returns paid out every second is 12% APY which can be combined with a staking reward of about 300 APY.
NFT securities can be sold or redeemed before maturity after paying a penalty fee. The asset is backed by traditional investment, which protects investors and guarantees sustainability.
Conclusion
In conclusion, NFT games offer gamers the autonomy and opportunity they deserve to do what they love while building wealth. It resolves the problems with centralized games controlled by large corporations that can take the servers down anytime.
The interoperability of NFT games allows gamers to sell NFTs, reuse gears, and use in-game items across multiple games. Through blockchain technology, the asset ownership remains with the owners irrespective of the actions of the developers or what eventually happens to the game.
Blockchain games are of various genres, and the best of them usually reward players in cash equivalent. The social media hype that players earn so much from playing games is overblown. Although most players earned a decent income and some relatively high amounts due to their country’s minimum wage, becoming a millionaire from NFT gaming is quite far from it. If you want to invest in NFTs, you can stop by Pandora, the people’s favorite DEX on BNB Chain. Also, ensure to upgrade DroidBots, buy a jackpot ticket for just $1, unlock NFT staking slots, and trade NFTs in the Pandomarket for additional earning opportunities.
These materials are for general information purposes only. They are not investment advice, a recommendation, or solicitation to buy, sell, or hold any digital asset or engage in any specific trading strategy. Some crypto products and markets are unregulated, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the crypto asset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your crypto assets, and you should seek independent advice on your taxation position.
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