3 different ways to use NFTs in video games

Regulated by: CySEC, FCA, ASIC, FinCEN

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

Year of establishment: 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!

View this 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 really blockchain based or contain real NFTs (non-fungible token), but simply take inspiration from crypto trends to create games on the topic of cryptocurrencies and trends in the gaming world. Like mobile gaming”Bitcoin Billionaire – Fake Bitcoin, really nicefrom Noodle Cake.

The casual game uses classic 8-bit graphics and allows players to: 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 giving players the option to buy or Earning NFTsusers earn NFT symbols, like the Bitcoin logo or the famous Doge meme† Combining the symbols of new technology and cyber culture with a nostalgic 8-bit arcade game design, the slot machine combines the games of the past with the trends of the 21st century

Characters, skins and gear in NFTs

NFT games like The Sandbox make things a little more complicated by allowing players to have various in-game items and characters in the form of NFTs† You can now get certain items, upgrades and more improvements through in-game purchases and so-called microtransactionsa well-known concept.

The-Sandbox-NFT

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

These NFTs can represent any element of the game:

  • equipment
  • weapons
  • improvements
  • skins
  • full characters
  • country in the game

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

Play to Earn: Game Models on the Blockchain

One of the most popular NFT game models today is the Play and Earn (PtE)† In such games, players are rewarded with tokens for in-game achievements and challenges. One of the most popular games is Axes Infinitewhere players can breed, collect, train, and upgrade small monsters, similar to classic Pokémon.

On the one hand, there are fungible assets 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 Games

Each of them represents an individual Axie monster in the game, with a personal appearance, skills and unique value verified by the blockchain. Attributes and items can also be obtained as NFTs in “Axies Infinite”.

For example, other PtE games are “crypto kittiesProverbs of Genesis” Where “Ether Shrimp Farm† Also highly anticipated, the mobile role-playing game Guild of the Guardianswho counts? more than 130,000 players on the waiting list† Although the game has not yet been released, it has been increased $3 million in first wave of NFTs Founder Collector and a collaboration with NRG Esports.

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

etoro logo

Regulated by: CySEC, FCA, ASIC, FinCEN

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

Year of establishment: 2007

Payment method : Bank Card, Bank Transfer, Klarna/Sofort, Paypal, Skrill, Neteller

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