3 different ways to use NFTs in video games

Regulated by: CySEC, FCA, ASIC, FinCEN

Cryptocurrencies: Bitcoin, Bitcoin Cash, Binance Coin, Ripple, Cardano, Dash, EOS, NEO, Stellar

Year of creation: 2007

Payment method: Bank card, Bank transfer, Klarna / Sofort, Paypal, Skrill, Neteller

NFT games, crypto games, blockchain games … They all describe games that use blockchain technology to create new game worlds and experiences where NFTs play a particularly important role!

Check these out three different ways to use NFTs (non-fungible tokens) and cryptocurrencies in video games.

NFT and cryptocurrencies as inspiration themes

Bitcoin billionaire

Some games are not actually blockchain-based or involve real NFTs (non-fungible tokens), however just take inspiration from crypto trends to make games on the topic of cryptocurrencies and driving trends in the gaming world. Like mobile games “Bitcoin Billionaire – Fake Bitcoin, Really Funnyby Noodlecake.

The casual game uses classic 8-bit graphics and allows players to do so my fake bitcoins. The game consists of type as fast as possible to generate bitcoins and unlock in-game upgrades. He travels through different worlds and eras – from the Stone Age to a futuristic world!

Instead of allowing players to buy or earn NFTsusers earn NFT symbols, such as the Bitcoin logo or the famous Doge meme. By combining the symbols of new technology and cyberculture with a nostalgic 8-bit design of arcade games, the slot machine combines the games of the past with the trends of the 21st century.

Characters, skins and gears in NFTs

NFT games like The Sandbox complicate things a bit by allowing players to have different elements and characters in the game in the form of NFTs. You can now get certain items, upgrades and more improvements through in-game purchases and so-called microtransactionsa familiar concept.

Sandbox NFT

Thanks to NFTs, players can now buy unique equipment and characters which are exclusive to them and cannot be duplicated.

These NFTs can represent any element of the game:

  • equipment
  • arms
  • improvements
  • leather
  • complete characters
  • countries in play

The uniqueness of these elements is rooted in the blockchainso the value they have can also have some validity outside the game, and game items can then be collected, traded or sold on blockchain.

Play-to-Earn: Game models on Blockchain

One of the most popular NFT game models today is Play and earn (PtE). In such games, players are rewarded with tokens for achievements and challenges in the game. One of the most popular games is Axis infinitewhere players can breed, collect, train and upgrade small monsters resembling classic Pokémon.

On the one hand, there are fungible assets, the so-called potions of tenderness (SLP), which can be obtained as rewards in certain game modes; on the other hand, there are non-fungible AXS tokens.

Axie Infinity NFT game

Each of them represents an individual Axie monster in the game, with personal appearance, skills and unique value verified by blockchain. Attributes and elements are also available as NFTs in “Axies Infinite”.

Other PtE games are e.g.cryptocurrencies“,”Enchantments of Genesis” Where “Ether shrimp farm“. Also much awaited, the mobile role-playing game Guild of the Guildwho counts more than 130,000 players on the waiting list. Although the game has not yet been released, it has been raised $ 3 million in its first wave of NFTs Founder Collector and a partnership with NRG Esports.

The trend of NFT games is accelerating. Tokens are already being used in gaming in various ways and may even herald a new era in gaming, and it will be exciting to see how future trends develop in decentralized finance (DeFi).

etoro logo

Regulated by: CySEC, FCA, ASIC, FinCEN

Cryptocurrencies: Bitcoin, Bitcoin Cash, Binance Coin, Ripple, Cardano, Dash, EOS, NEO, Stellar

Year of creation: 2007

Payment method: Bank card, Bank transfer, Klarna / Sofort, Paypal, Skrill, Neteller

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