NFT games use blockchain technology in order to:
- Prove the history of ownership
- Assets secured with blockchain are immutable, they cannot be changed or edited
- Decentralization: it is available to all players to view and use
In this article, we have listed some of the best NFT games of 2021 that will allow you to make money. These games are fun and you can trade your items, in-game characters with other players. Many of these are free NFT games that you can play to earn rewards and the Crypto gaming Bulls channel on Telegram discusses the latest free-to-play NFT games, that can help you make money.
The Best NFT Games You Should Check Out In 2023
- The Sandbox: Overall Best Virtual NFT Gaming Platform
- Battle of Guardians: Popular P2E NFT Game
- Idle Cyber: Defense Battle NFT Game Mixed With Hero Collection
#1. The Sandbox: Overall Best Virtual NFT Gaming Platform
The Sandbox is a play-to-earn virtual style metaverse in which you can own land, play games, or build your own game. You can take control of the massive virtual world either as a collector, artist, game decider, or simply as a gamer that rambles in the metaverse, hopping around the world from game to game. The sandbox is built on the Ethereum network and has its own cryptocurrency called Sand.
It is one of the hyped metaverses in cryptocurrency. It has developed an editor that can be used to create models and animations for the future version of the blockchain. If you are looking to buy digital land or real estate, this is one of the top games to play and will likely have a strong presence in the metaverse.
#3. Battle of Guardians: Popular P2E NFT Game
Battle of Guardians (BOG) is a real-time multiplayer NFT PvP arena developed on the Unreal Engine. This is an advanced fighting game based on the Solana network in which players constantly fight to defeat other opponents for more rewards. It allows users to benefit not only from the blockchain’s power but also from its unrivaled graphics. Here, players can engage in fierce multi-realm battles in various areas of the vast SciFi game world. BOG is designed for PC gamers, but it will eventually support cross-platform multiplayer on iOS and Android.
BOG believes in the future of the metaverse and strives to build a secure gaming economy with long-term potential. With each new game released, the BOG creates a fun and entertaining gaming metaverse experience with stunning graphics, unique NFTs, and numerous opportunities to earn real profits.
The global gaming market is now worth more than $300 billion USD. Whereas the NFT gaming market contributes less than 10 % of it. The gaming industry, especially the NFT Fighting Game, has a lot more potential.
#3. Idle Cyber: Defense Battle NFT Game Mixed With Hero Collection
Idle Cyber is a frontier defense game based in 2088, where humans command a squad of mutants, defend the wall, kill cyborgs & conquer giant bosses to defend humanity.
Idle Cyber is built on BSC and looks promising, will have a lot of opportunities for players to earn, stake & trade NFTs to make good money. This project is solid and investors can also make good money by investing in their game.
#4. Axie Infinity: Best NFT Game For Pokemon Lovers
Axie Infinity is an NFT game inspired by Pokémon etymology 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. Its core philosophy is play-to-earn 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.
Axie Infinity is arguably one of the best-designed projects in cryptocurrency. Everything from user experience to tokenomics is carefully developed and implemented. With a market cap of $42 million in sales in June 2021, and projected sales of more than $1 billion this year, it is currently the most expensive NFT collection. It is available on various operating systems for windows, mac, ios, android. Their vision is to create a virtual economy where you can own and operate your businesses or even save, invest and spend your money without ever having to rush to your bank.
What Are The Pros and Cons Of NFT Games?
NFT is the scarce unique digital asset that has the opportunity for appreciation.
NFT-based video games like Axie Infinity have become more mainstream as emerging and established developers launch their NFT-based game titles. These games can provide a fun escape from reality.
Advantages of NFTs
A Solution for Licensing Digital Creations: NFTs cannot simply be duplicated or copied indefinitely. Each of them is associated with a different value, as each non-fungible token exists in a decentralized digital ledger based on blockchain technology.
Possibility of Profiting from Digital Assets: Monetization is another potential benefit of NFT. Converting digital items into digital assets essentially means assigning them a monetary value. The early stage of non-fungible tokens is the monetization of digital works of art.
Various internet memes have also become digital assets, such as the viral video clip Charlie Bit My Finger, the Disaster Girl meme, the Nyan Cat YouTube video, and the popular Doge meme, which sold for $ 4 million in June 2021.
Collectibles, Fundraisers, and Games: Physical collectibles like baseball and NBA cards have become digital assets by generating their digital equivalents and displaying them with non-fungible tokens. The tokenization of these in-game assets can also form the basis for developing play-to-earn video games.
Investing and Trading Non-Fungible Tokens: The conversion of digital files into non-dispensable digital assets leads to delivery restrictions. What’s more interesting? You can actually never play the game and still make money from NFT items.
As an example, the digital collectible “CryptoPunk # 3100” was first sold for $ 2,127 in 2017, when it was sold to another collector in 2021, the original collector made more than $ 7.5 million in return for the investment.
DISADVANTAGES OF NON-FUNGIBLE TOKENS
NFT Hype and Concerns Over Uncertainty: Those who have bought NFT-minted digital assets believe that what they have is an investment. However, the current craze for buying these assets has led several experts to liken the phenomenon of an economic bubble that would eventually collapse in NFT investments. Of course, several non-fungible tokens have proven their worth and growth potential, but there is still scope for over-speculation and herding in NFT investments.
Environmental Issues of Blockchain Technology: A notable disadvantage of NFT is that the underlying blockchain technology that underpins its development, has a significant impact on the environment. Remember, the world still relies on fossil fuel consumption to generate electricity.
FAQs About NFT Games
How to enter the NFT gaming platforms?
The new crypto paradigm allows players to invest time and /or money in securing NFT items within the game. You keep these items in your inventory or your NFT wallet, and as more people join the game, the demand for these items increases and you can sell them again for real currency. With gamers playing games on mobiles, consoles, and PCs both online and offline, the revenue generated from these NFTs goes towards funding the game’s play-to-earn feature.
What are Crypto wallets?
A crypto wallet is a place where you can keep your crypto assets safe. There are many different types of crypto wallets, however, the most popular are hosted wallets, non-custody wallets, and hardware wallets you can use to make money through Cryptocurrencies.
What are in-game transactions?
In-game transactions refer to items or points that a player can purchase to use in the virtual world to improve a character or enhance the playing experience. These in-game purchases are the primary means by which free-to-play games generate revenue for their creators.
Conclusion: What Is The Best NFT Game Right Now?
The above-listed NFT games have effectively merged into the gaming industry like a puzzle piece. Because they’re highly entertaining and lucrative, gamers enjoy some of their favorite game genres while also participating at the forefront of the current NFT craze.
As of 2021, global crypto ownership rates have hiked at an average of 3.9%, with over 300 million crypto users worldwide.
According to study research, 38% of them are millennials aged between 21-38 years old, and they are the biggest age group.
NFT video games are a relatively new concept and people have been jumping onto the crypto bandwagon, mainly due to the good returns they guarantee in the real world. Scarcity, proven ownership, and the ability to transfer the assets to another player make it more demanding.
With the growing interest of billionaire investors and retail traders, there is an immense potential for cryptocurrencies to become more involved in the gaming industry.
There are many games in development in 2021 and a few are already on the market. 2023 has already planned several nft games for release. So, anyone who is currently in this space has an early mover advantage. It gets rid of the middlemen and brings us one step in the direction of the future.