Ellie Horvath
Play-to-earn games are taking the gaming industry by the storm. But what exactly are these games and how can you make sweet dollars while playing? Fortunately, we’re here to illuminate this for you. Thanks to this aspect of gaming, and competitive gaming as well, making money while playing is no longer a fantasy. Because of NFTs and cryptocurrency, gaming has never been more profitable. Here are some ways you can monetize your gaming hobby.
What exactly are play-to-earn blockchain games?
Simply put, these are the games that let you earn cryptocurrency by playing them. Not all the games that use crypto as their currency are considered play-to-earn games, but bitcoin casino blackjack is. Although you can earn quite a good amount of money through the means of crypto gambling that’s entirely its own beast. This business model has a huge psychological component to it since it combines making money and thrilling fun.
Players have a stake in a game and they can enhance its worth by playing it more. This ownership is represented by NFTs or non-fungible tokens. In the cryptocurrency market, they are a relatively new phenomenon – or at least they became popular just a couple of years ago.
Axie Infinity
This game has popularized this new method of gaming, and for a reason. It’s incredibly fun and addictive to play. You can often see Axie Infinity being compared to Pokemon or even Tamagotchi. The premise of the game is quite simple. Basically, you can collect, raise, battle, and trade little monsters known as Axies. You also build your own animal by collecting more than 500 available body parts and combining them into your own unique monster. Each component has a unique rarity level, ranging from common to ultra-rare to even legendary. Every monster is an NFT and has its own value. If you’d like to breed your own Axie, however, you have to invest in another cryptocurrency known as Small Love Token or SLT.
Forest Knight
As the name indicates, Forest Knight is a game in which you can become a knight who fights the powers of evil. The user may choose a knight of their own design, with a variety of powers and special abilities that they can utilize in battle. In addition to the daily login bonuses, players may earn NFTs by playing the game, completely for free. There’s also a marketplace on the EnjinX platform where gamers may buy items they can use in the game.
The Sandbox
If you’d like to make it rain dollar signs (or should we say crypto signs?), you should consider playing The Sandbox. There are two tokens ruling this game – SAND and LAND. Both of them are limited in quantity, with LAND being more exclusive having only 166,464 units. With this crypto, you can have the best experience of this exciting gameplay. This game is a functional metaverse consisting of various player-hosted games and multiverse experiences. The game is easily accessed through the Steam platform.
CryptoBlades
CryptoBlades is a new blockchain game inspired by the RPGs making it both entertaining and challenging. The game allows players to acquire SKILL tokens by participating in in-game combat and beating their opponents. Players are able to design their own weapons and trade NFTs to other players through the in-game marketplace. However, unlike most of the games mentioned, this game isn’t free to play. There’s a minor fee to begin playing the game and winning the exciting fights. This money is eventually refunded to players as the SKILL tokens which function as the in-game currency, once they have completed their purchase of a character to begin playing the game.
