NFTs have brought a revolution in the gaming industry, becoming one of the fastest growing asset classes of the year. As we move ahead to an all-new kind of internet experience referred to as “Web 3.0”, gaming publishers are looking out for a new future ahead for the gaming industry.
As a quick recap: NFT stands for non-fungible token. It’s a unique unit of data (can be anything be it a piece of art, a music file, a video, or a virtual item) that is stored using blockchain technology. NFTs can then be traded or sold on digital markets, or stored within a digital wallet that can be accessed in multiple ways.
The future of Non-fungible tokens (NFTs) in video games has polarized an ongoing debate in the cryptocurrency and gaming worlds. Wondering how this technology is being used in gaming?
Continue reading this article to know about how NFTs are creating value in the online gaming industry.
Why & How are NFTs Affecting the Gaming Industry?
NFTs offer ownership for digital assets or any other asset that is represented by a non-fungible token. This enables the creation of unique digital assets that anyone can trade freely on an open marketplace.
Today NFTs have found its use across a variety of industries including Tradeable game assets. NFTs facilitate “Play-to-earn” gaming. Players can earn NFTs and sell them on the market.
COVID-19 Pandemic has potentially played a role in the success of NFT gaming. Gaming has become a legitimate source of revenue through NFTs. Most successful blockchain games are built on Ethereum.
The integration of NFTs into blockchain games has created vibrant in-game economies where NFTs are valued based on their attributes. As the game has a reward system, leveling up NFT assets results in increased earnings. Players earn currency and NFT assets through gaming battles which are usable in the game. Players can further trade these assets to other players through an in-game marketplace.
Top 14 NFT Games To Earn & Invest In 2022
Here are some popular NFT games that have been creating all the hype today.
1. Crypto Kitties –Buy, trade, and breed digital cats
CryptoKitties was the first fun game built on the Ethereum blockchain network. It has you collect various cats which you can breed to get more. Players buy, trade, and breed cats to create desirable traits which are actually indivisible and unique ERC-721 tokens. Players can sell CryptoKitties on major NFT markets.
2. Evolution Land –Explore, Trade, Govern & Enjoy This All New Planet
Evolution Land is the top NFT game where you can virtually buy land, and build buildings. Each of the continents in the game exists on a different blockchain.
3. Axie Infinity –Collect, raise, battle, and trade these cute digital petsAxie Infinity is an NFT game developed on the Ethereum blockchain. It consists of millions of adorable fantasy creatures called Axies, which players can collect, raise, battle, and trade as digital pets. It is a play-to-earn game and it rewards its users for their time and effort. These rewards come in the form of an SLP (Smooth Love Potion) token that you can earn in the gameplay. SLP tokens can be exchanged for other Ethereum tokens on decentralized exchanges like UniSwap or Binance.
4. Gods Unchained –Build decks and play the game to Earn
Gods Unchained is a free-to-play and play-to-earn game designed to infuse elements of NFT into a familiar card trading gaming genre. Here, users can build decks and play the game against each other. Since the cards are verifiable property in Ethereum, all players own their assets.
5. Sorare –A Fantasy Football game where players can buy, sell, trade, and manage a virtual team
Sorare is a fantasy football trading card game on the Ethereum blockchain. Players collect or buy trading cards to compete in weekly competitions, and stand a chance to unlock rare cards or win Ethereum. This game is free-to-play and players are given a deck of random common cards when they complete certain onboarding tasks.
6. Crypto Dynasty –Pick your heroes with special skills and conquer the new world with Dynasty!
Crypto Dynasty is an RPG + PvP DApp game that uses blockchain to empower its activity. Initially, the game was launched on the EOS blockchain, now it supports both EOS and ETH blockchain networks.
The Crypto Dynasty game is based on attacking castles and character progression. You can progress by leveling, riding mounts, and crafting equipment that allows you to attack more and more castles to rank up. The more the castles and ranks you acquire, the more you can do in the game to earn more assets(ETH/EOS).
7. DungeonSwap –Stake, Earn DND token and get ready for your dungeon adventure!
DungeonSwap is a decentralized table-top RPG-style web game with yield farming features and NFTs as equipment for the battles.
“The Dungeon” is a “rogue-like” web game and players can fight different enemies as they go deeper into the dungeon and accumulate awards (in terms of DND), or keep their reward. The NFTs that users hold would have a positive effect on the outcome of the battles helping users to win the battle more easily.
8. Zed Run –Create a legacy by building a star-studded stable of winning racehorses.
ZED RUN is a futuristic horse racing game built on the blockchain, where thousands of stable owners participate in more than 1,500 live races a day which is broadcast 24/7 to millions.
9. Decentraland –A 3D virtual world where users may buy virtual plots of land on the platform as NFTs
Decentraland is a user-owned, Ethereum-based virtual world where you can play, explore, and interact with games and activities. You can also purchase parcels of land on which to build your own environments, marketplaces, and applications.
10. Prospectors –Make real profit by mining & trading gold.
Prospectors is a game built on top of EOS Blockchain & plays as an MMORTS. You can build camps, and prospect different materials. All game activity happens within the project’s smart contract, and all the assets, owned by a player, are secured to him in the blockchain. The game allows you to earn, and there are NFTs involved, as well.
11. SuperRare –Browse and build your collection of the world’s most cutting-edge digital art.
SuperRare is a marketplace to collect and trade unique, single-edition digital artworks. Each artwork is authentically created by an artist in the network and tokenized as a crypto-collectible digital item that you can own and trade. Each artwork on SuperRare is a digital collectible– a digital object secured by cryptography and tracked on the blockchain.
12. Polkacity –Invest In Virtual Assets In The Form Of A Virtual City
Polka City is a new fully autonomous contract-based NFT platform that allows you to invest in virtual assets in the form of a virtual city. Investors or crypto enthusiasts may make purchases in Polka City. It ensures a top-notch virtual visual experience. Polka City merges the NFT, Polkadot, and DeFi worlds to construct a digital city. The platform allows users to profit from virtual taxis, energy stations, and other commodities.
13. My Crypto Heroes –Play with historically inspired heroes, go on quests to find rare items, trade & Earn.
My Crypto Heroes is an RPG battle crypto game from Japan that is built on the Ethereum blockchain. You can level up your historical heroes through quests and join the player vs. player battles to conquer the MCH world. Your heroes and items are secured by the Blockchain as ERC 721 token, while you see their value grow as your progress through the game.
14. LudoNFT –Use dice to count your steps & Earn money playing your favorite board game!
LUDONFT opens new perspectives in the development of the Metaverse. LUDO game will allow players to discover the best experiences where they can optimize their time to be geared towards the best ROIs and P2E projects.
The game includes two leaderboards across multiple blockchains that will showcase the top games and the best players, while a GameFi control panel will allow users to grow their income by farming creator tokens and staking NFTs.
Future of NFTs in Gaming- Conclusion
Considering all the things above, it can be said that 2022 is likely the year for NFT games. Further, cryptocurrencies have immense potential to be involved in the gaming industry to a greater extent.
2022 has already planned the launch of several exciting NFT games. These games could adopt the share-to-earn model in the near future, and launch new reward models in the NFT gaming ecosystem.
Gaming companies are recommended to consider NFTs and get an early mover advantage by investing in NFTs based games.
Need for info about this cutting-edge technology? Get connected to NFT experts!