NFT Gaming Tokens
In March 2021, a mosaic of digital art, created by an artist under the alias of Beeple, broke records and became the most expensive piece of digital art ever sold, bringing the equivalent of $69 million at an auction. It was sold as an NFT, which stands for a nonfungible token, but what exactly is an NFT? If I were to spend $69 million on a piece of art, how would I know that I am the only one to have access to it? Especially in a digital world where most art is free to view.
What is NFT in gaming?
The CryptoKitties game came out in 2017 and jammed the Ethereum network for a considerable amount of time. It seems as if decentralized gaming has excellent possibilities as it holds many advantages over traditional gaming. The NFT market capitalization hit $22 billion in 2021, which is up from $338 million in the last quarter of 2020.
Gaming NFTs are essentially receipts or certificates of ownership of a piece of digital material, which may come in one of many forms, such as in-game assets, videos, or artwork. These receipts are embedded into the blockchain where they can be exchanged for cryptocurrencies (at the moment, Ethereum is the currency of choice for most NFTs). This is called “minting,” similar to how coins and notes are minted to prove their authenticity and to make forgeries more difficult. When you then buy minted gaming NFT, that asset will live in your digital wallet and has essentially become yours to do as you please.
One of the big differences between physical art and digital art is the ability to make pieces of art that move, or change, or are accompanied by music, adding extra depth to a piece. Also, with the recent birth of “metaverses” such as Decentraland and The Sandbox, once you own a piece of digital art, you can move it into the metaverse and put it on your land. You could even open a digital art gallery if you so wanted.
Other people may be able to see the piece of art in other places on the internet (Beeple, for example, has most of his art free to view on his Instagram), but only the owner of the NFT can claim rights to it, essentially giving them bragging rights. Think of it like having your name in the credits of a game, or inside the actual game itself.
Can You Earn Crypto Tokens Playing Games?
Yes, you can earn crypto playing NFT games as they are designed completely differently than traditional games. The mining process of crypto tokens is part of the gameplay, so you make crypto tokens each time you play. They work the same as “free games” but have the added advantage of giving out free crypto for actions carried out by players of the game.
Play To Earn NFT games work like a free lottery. Each time a player mines through one of the game processes, there is a small percentage chance that they may acquire a free NFT. These can vary in value depending on their rarity. If you are lucky enough to win one of these, they can be very valuable and sold on a gaming NFT marketplace.
Are NFT Games Profitable?
So basically, the more in-game NFT digital asset trends, the more expensive it will be. To use an example, the meme of the “Nyan Cat,” which is essentially a blocky, pixelated meme of a flying cat that has been viral for many years, has recently been bought for the equivalent of $590,000. Most people on the internet will have already seen the Nyan Cat, but now only one person owns that asset in their digital wallet. If the meme becomes even more popular, the current owner could sell the asset and make a profit, similar to trading stocks.
So, NFTs have a fairly large appeal right now, especially as the concept becomes more mainstream. An investment in an NFT gaming digital asset now could triple your original money as it becomes more popular. Alternatively, it could end up being worthless if the appeal goes away.
How To Buy An NFT Gaming Asset
The first step in purchasing your new gaming asset is getting yourself a digital wallet. Not only do you need this to store your money, but it will also be the home of your NFT gaming token, proving that it belongs to you. There are many different wallets out there for you to download, but we recommend also using a hardware wallet such as Trezor, which means your money is stored on an external hard drive for extra safekeeping. Whichever you choose, make sure they accept Ethereum, the main cryptocurrency used for NFT trading.
When creating the log-in details for your wallet, after setting your password, you will be given a secret phrase or combination. DO NOT LOSE THIS. If you do, you may find it extremely difficult, if not impossible, to get back into your wallet.
Fund Your Wallet With Ethereum
With your wallet all set up, it’s now time to fill it with some digital cash! Just like crypto-wallets, there are plenty of different apps and marketplaces where you can buy cryptocurrencies, such as Coinbase or Robinhood. But some wallets allow you to buy directly through their app!
Whether you’re using your wallet or buying from a crypto marketplace, the process is fairly straightforward. Simply find the buttons that say buy/sell, set the currency to ETH (Ethereum), and type in the amount you’d like to buy. Remember that one ETH is worth nearly $3000, so don’t go too crazy.
Upon purchasing your ETH, you will have to pay a fee, normally around $10, so make sure you buy as much as you need in one transaction to avoid paying too many fees.
Time To Purchase A Gaming NFT Token
With your wallet now comfortably filled with some Ethereum, we can now move onto the process of actually buying yourself gaming NFT. Simply go to your web browser and search for an NFT gaming marketplace. There are dozens of these already, all dealing in different kinds of NFTs, from in-game assets to baseball cards, so find yourself one that deals in the kind you would like.
Once you have found an NFT gaming marketplace, simply browse as you would do on Amazon until you find an in-game asset you would like to purchase. The whole process here is very similar to most online shopping, except instead of using your credit or debit card, you will pay via your crypto wallet. Be aware there are more fees here.
Finally, now that you have purchased your gaming asset, the NFT token should be stored in your wallet, meaning it is now yours to view, share, or resell at a later date. Enjoy being the owner of your very own digital asset!
List Of NFT Gaming Tokens
NFT gaming tokens are going to change the world and are the solution to automation destroying the job marketplace. It is still early days, but already early investors have seen 100 times returns. The risks of investing are high as it is a brand new concept, so make sure you take your time and read our reviews to find the best projects. To help you locate all of the current games on offer, we have created the below list of the best play-to-earn games for 2021.
(ENJ) Enjin Coin
Enjin Coin is a one-stop platform for building, marketing, and profiting from games on the blockchain. The business, named Enjin, was established in 2009 and has since expanded to more than 20 million members via a community platform called the Enjin Network. With Enjin Coin (ENJ), anybody may design and host their own online games for all players to enjoy.
WAX is an open, transparent, and fair marketplace where virtual products and tokens may be exchanged as NFTs. Some of these goods may be things such as video game-related or collectible objects, as well as uncommon trading cards. WAX uses the blockchain to certify and verify digital products on its vast decentralized network, and different kinds of goods may be traded together.
(ATRI) Atari Token
In a token pre-sale, Atari raised $1.5 million from investors. As for in-game money in Atari games, including the online multiplayer game Karma the Game of Destiny, the coin will have a wide range of practical uses. Additional Pong tokens and NFT collectibles are also planned by Atari.
Atari is moving to safeguard the flow of gaming and cryptocurrency transactions with their latest system, the Atari VCS. The console has blockchain technology that is linked to the internet for online games and crypto-based purchases.
The partnership between Gala and Sandbox Games is beneficial to both of them since it helps the games studio to use the network’s capabilities to create products such as Townstar. The in-game premium money will be tokenized, with no price volatility. If you have tokens, you may buy items or sell your tokens for money at a predetermined price. Every player will be able to mine a token, similar to Bitcoin miners. In addition to paying real money for loot boxes, players may purchase a loot box, assemble the components of a farm bot, and then let them go around mining for free.
Ultra is a new platform for gaming that utilizes blockchain technology. The team has used blockchain technology to provide a real-world solution while also deploying an array of mature technological features that work in concert to strengthen their offering. The number and quality of games offered on Ultra will determine its growth rate. There’s no question that, when it comes to usage and adoption, technology will not be the limiting issue.
To offer game creators a better set of tools, Cocos BCX has created a gaming platform on the blockchain. According to the creators of Coco-BCX, existing smart contract platforms are not designed with game designers in mind. The more effective tools are provided, the more blockchain games will be developed, which is the aim of the platform to achieve this.
The goal of Crowns is to provide the main players in the gaming industry with what they deserve. To recognize and reward those who have shown themselves worthy, it will be done via the use of BLOCKLORDS. In time, new means of managing and obtaining crowns will be regularly made accessible to ecosystem members.
A new feature of the Crowns program, called Paywave, has been introduced to the Seascape Network. The Crowns token has the power to provide players with a pay wave drop for the money spent on the game and its ecosystem. This has the effect of making it much easier to raise the number of crown owners, which fuels the development of the community.
MOBOX is a free-to-play and play-to-earn game platform that mixes yield farming with cultivating NFTs. To facilitate NFT compatibility across platforms and games, the team is collaborating with pre-existing initiatives in the ecosystem. NFT from other projects have been incorporated into MOBOX’s platform games, and this means they may be utilized in games on the MOBOX platform. To enable users to transfer NFT between BSC, ETH, and TRON, the team is also building cross-chain bridges.
(PGT) Polyient Games Governance
Polyient Games has created a digital asset system with two distinct states, each of which has deflationary properties. To magnify the benefits for early adopters, the system is designed to only produce PGFKs and a limited token supply at a high token price. No matter how much is added to the supply, the original quantity of 20,000 will never be exceeded. The goal of the Polyient Games Marketplace is to be the primary connection point for all members of the PG Ecosystem. NFT auctions and a P2P NFT trade and exchange will take place on the platform.
(PYR) Vulcan Forged
Vulcan Forged is a multi-use platform for video games, startup studios, a platform for launching games, and the fifth largest marketplace for games. Conducted on a small digital art NFT platform, Vulcan Forged started out as a simple trading platform but has grown over time into a game-based platform that serves over a few thousand people and trades $2 million worth of NFTs each day. VulcanVerse, a blockchain-based platform that has top fighting-fantasy authors and award-winning production firms on board, has had a rapid sell-out, as a result of which it reached the alpha gameplay stage early.
Play-to-earn REVV Racing is the newest addition to the REVV Motorsport gaming universe. Animoca Brands’ new blockchain-based game studio is a significant step in the firm’s ambitious ambition to create blockchain-based games that look, feel, and play like conventional video games. The majority of play sessions in the game are recorded on the blockchain. Nevertheless, the game appears and plays like the popular 3D automobile racing games that have been downloaded and enjoyed by millions of people all over the globe.
Users who utilize the “PlayMining” platform can earn bitcoin by watching and playing free cartoons and games on the site. Attracting people from all around the globe to engage in the DEP ecosystem is made possible by the idea of giving DEP to users that take part. The DEP crypto token, which uses the ERC20 standard, will be used for transactions, with a portion of it going back to the developers.
Playcent is a remix tool for independent developers, indie developers, and aspiring game designers. Playcent offers applications that perform similar functions as Rarable, OnlyFans, and Gumroad, but does not require users to log out of social networks to utilize the service. The PCNT is a utility token that exists on both the Matic and Ethereum blockchains.
(TOWER) Tower Token
Open and decentralized, yet tokenized, digital goods and game objects may be exchanged in a free and open marketplace without being subject to control by a single studio or game. Collect valuable digital items by buying, trading, and then transforming game tokens. As you play Crazy Kings (iOS) and Crazy Defense Heroes, you will receive TOWER tokens (Android and iOS).
(DG) Decentral Games
The DG ecosystem consists of casino-related decentralized applications (DApps) that holders of DG tokens, the native currency of the ecosystem can play, own, manage, and control the ecosystem. Anyone may become a partial owner of a casino simply by using the platform. Everything in the treasury is left to the users’ discretion, and users get to choose which games to play. There is absolute agreement on every outcome and no disagreement about its fairness and openness in the case that a dispute arises.
(CGG) Chain Guardians
A blockchain-based, anime-inspired collectible game where non-fungible tokens are used as in-game currency is called ChainGuardians (NFTs). They want to create a new kind of gaming experience for the NFT community. This organization is trying to establish an environment that will encourage gaming competitors, advances in economic and gaming concepts, and blockchain ecosystems that can be built upon.
(BCUG) Blockchain Cuties Universe Governance
It’s a blockchain game with collectible non-fungible tokens of pets on five distinct blockchains. This game gives you many options to investigate, barter, and develop. EOS, Polygon, Tron, and Neo will be used to make it the first game built across five blockchains, at least in part. The game’s new BCUG coin will enable the development and continued operation of a sustainable, flourishing tokenomics system.
The in-game virtual assets created by Ethermon are non-fungible tokens (NFTs) that may be owned, used, improved, and profited from. In 2017, the updated edition of Ether e Mon was released. The game’s most devoted players and an enlarged crew resurrected it in 2019. As the new token, $EMON will have a maximum supply of 400 million (20x the previous supply). This new token will be utilized to power all of our future platforms and games. The bridge is ready to go on day one of the launches for both the Ethereum mainnet and Matic (Polygon).
(AXS) Axie Infinity
Axie Infinity is a crypto game based on the Ethereum network that players earn tokens for playing. A Pokemon-inspired world is created where players breed, nurture, and fight Axies to earn tokens. As far as global popularity is concerned, it’s one of the most popular games in the world, particularly in poor nations.
Axie Infinity Shard (AXS) and Small Love Potion (SLP) are two different kinds of tokens in the game. The SLP is the amount of money that players often earn and withdraw to take profits. The AXS is a proposed governance token that would, when it is established, provide developers and developers’ purchasers a seat at the table to help choose how the system is evolved.
(TCP) The Crypto Prophecies
The Crypto Prophecies project is a game where people employ NFT characters called Crypto Prophets to forecast the future price of various cryptocurrencies. Wager your tokens in a game of chance with other players, and go head to head to see who wins in a spectacular competition where the winner gets to keep all the money. In the cryptocurrency space, financial wealth may be obtained from many angles and your Prophet will allow you to get paid every day, weekly, or monthly.
Toshimon is an online fighting game that utilizes NFTs on the Ethereum blockchain to function as in-game digital assets. In the Toshimon game, there are 14 distinct species, but they have varying capabilities and drawbacks. Once you’ve gathered your squad, you may pit your Toshimon against another player’s Toshimon in the Toshimon Arena. The players each use their team of Toshmon to assault the other player. To win, a player must be the last one remaining in the game.
(TLM) Alien Worlds
Alien Worlds is a game where you can pick up Trilium for mining every time you pick up an NFT card. The Defi Metaverse is a blockchain game that everyone can play for free and earn crypto tokens in return. Players may obtain NFTs to mine TLM, participate in fights and perform in-game searches. You may also choose to vote for councilors from six worlds and affect the course of the game.
Cometh is a game in which players earn MUST tokens to build a permanent and sustainable environment in virtual space via the Decentralized Finance Ecosystem. All of the fundamental characteristics of the Ethereum blockchain play a part in Cometh, which additionally utilizes a scaling solution called Optimistic layer 2.
The player is a spacecraft that circles massive stars, and your objective is to get near the passing asteroids. If you are near enough, you can mine the asteroid tokens. To position yourself better, you may tug spacecraft to other spaceships by paying them a price.
MegaCryptoPolis is a decentralized town-building game operating on the blockchains of Tron, Ether, and Polygon. The MEGA token may be earned via the locking of resources within the game. Soon, gamers may stroll about the digital metropolis with an avatar to visit their own residence full of created or purchased furnishings.
My Neighbor Alice is a multiplayer builder game in which players create their own virtual territories, connect with their neighbors, participate in interesting daily activities, and receive prizes as they progress through the game. Players may create and decorate their territories using various objects called NFTs in the game. These are portrayed, among other things, as plants, flowers, trees, structures, or animals. An in-game marketplace for users to purchase and sell various NFTs, an on-chain forum for players to meet one another, and a reputation system for upgrading their standing.
Illuvium is a fantasy open-world fighting game developed on the Ethereum blockchain. It is generally called the first real AAA game on the platform and is a realm of beauty and wonder populated by creatures called Illuvials. Players may spend time exploring the environment of 7 distinct and stylish areas, creating a strong Illuvial team or combining the two.
ZooKeeper is a Wanchain-built gamified yield farming app. The platform enables voting on new features and making your own creative ideas. To submit a suggestion, you just need 0.2% of the total circulating ZOO Token supply. You may make a unique suggestion by keeping your creative side alive and waiting for 55% community acceptance.
(GUM) Gourmet Galaxy
A pleasant, easy-to-use, and high-value yield farming platform is being developed by the Gourmet Galaxy team. The GUM Swap is a user-friendly swap protocol inspired by renowned AMM-based interchange technologies like Uniswap and SushiSwap. The GUM market is where you may utilize GUM to trade Gourmet Galaxy NFT Tokens, known as FOOD. These FOOD NFTs can be used to create PLANET, which is one of the project’s main goods, and an essential part of the game.
(DPET) My Defi Pet
My Defi Pet is an animal rearing game that combines conventional gaming experience with NFT collectible elements. The game consists of interesting activities such as collection, reproduction, development, fighting, and trade. It utilizes the “season” idea to divide the progress of the game into little pieces. This process adds to the human propensity towards short-term benefits.
(PET) Battle Pets
Battle Pets is a new “GameFi ” application on the Binance Smart Chain that bundles Defi principles to make games played by everyone entertaining and simple to comprehend. The game enjoys considerably cheaper transaction costs and processing times when compared to similar Ethereum-based blockchain games. It also includes the NFT concept, with better financial mechanisms than the likes of Crypto Kitties.
List Of NFT Trading Card Games
If you enjoy collecting cards, you will love the new wave of NFT collectibles. You can do so much more with them, such as battling, farming, staking, or simply just holding them in hope of the value increasing. Below is a list of the best NFT Trading Card Tokens that you can buy to explore this new type of digital asset class.
(LOCG) LegendsOfCrypto Game
By engaging in Legends of Crypto, players may win valuable crypto tokens and NFT goods, while the card owner can get tokens and prizes from prize pools. Legends of Crypto is building a sustainable, pleasant, and fun playing game environment via the use of Decentralized Finance and DAO governance.
(PPBLZ) Pepemon Pepeballs
The Pepetrainer game is built on the web3 platform and utilizes NFTs (ERC-721 tokens) as in-game assets. Before combat, players build their deck out with Pepemons on the side (outside the deck). Once the game has started, the players’ decks will run autonomously, acting as the Pepemons’ attacks and defenses.