The rapid development of blockchain technologies in the modern world is sometimes very surprising and unpredictable. The new technology makes significant adjustments to things we are used to and changes them beyond recognition. Over the past few years, and in 2022 in particular, NFT tokens and games based on them have become especially popular all over the world. Have you never heard a word of NFT games? Then go to https://gamefiboost.com and find detailed information about these revolutionary gaming solutions.
In the meanwhile, we will dive into the new industry and look into how to start playing and making money in NFT games. Keep reading to know how the new “Play-to-Earn” concept replaced the “Play-to-Play” model and what advantages you get from playing NFT games.
The Basics
NFT games are essentially no different from traditional video games. In both game types, you will need to play and develop your skills, buy various in-game items, pump heroes, discover new opportunities, improve weapons in all sorts of ways, etc. However, there are a couple of things that make NTF games stand out from ordinary video games:
- Video games – All items obtained (by buying, winning, upgrading, crafting, crossing, etc.) have no material value. Their value and rarity reflects only the progress you have made in the game and gives you some advantage over other players;
- NFT games – Each game item is an NFT token that can be traded any time you wish. Thus, you can sell it for real money on specialized trading platforms.
In other words, NFT games are a perfect mix of ordinary gaming entertainment and commercial business.
Pros of NFT in Games
To make it even easier for you to understand the benefits of NFT in games, you can simply compare the game blockchain with the Steam online service. This will reveal a number of advantages of NFT in games.
Steam and its marketplace are centralized and for all operations carried out on the marketplace, a commission of 5-15% is charged, which is quite a lot. The platform also has restrictions on the maximum amount that can be on the balance of the wallet (it cannot exceed $2,000) and on the price of the item put up for sale (it cannot exceed $1,800). In addition to this, all proceeds from the sale of game items from Steam cannot be withdrawn to your electronic wallet or bank card. Well, unless you use third-party services, which is kind of prohibited. They can only be spent on the purchase of other items or the games available in the store.
In NFT games, everything is much easier and more straightforward. The sales markets are decentralized, which opens up unlimited possibilities. Simply put, you will be unlimited in anything. You can sell a game item at any rate and store any amount of money in your wallet. At the same time, due to the high exploitation of the market, commissions for all transactions are minimal, and all proceeds can be cashed out without any problems in any convenient way. All this taken together not only increases the interest in the gameplay but also allows you to master new opportunities in the industry without much effort.
Final Say
Summing up, it is worth saying that absolutely everyone can start playing and earning in most NFT games. However, with a zero balance, it will be very difficult to develop and even more so to defeat other players. But in any case, everyone has the right to choose the strategy of playing the game and making money. Simply put, if you are unlimited in time and are ready to be active in an NFT game day and night, then it is likely that you can achieve high results in the game and a more or less decent income without investing. However, if you want to get a decent income in the shortest possible time, then you will hardly succeed without in-app purchases.