Cryptocurrency Archives - Nolex https://nolex.org Advanced conferences about cryptocurrencies Mon, 16 Sep 2024 13:03:21 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://nolex.org/wp-content/uploads/2022/04/cropped-logo9-32x32.png Cryptocurrency Archives - Nolex https://nolex.org 32 32 NFT games: how to make money https://nolex.org/nft-games-how-to-make-money/ Fri, 13 Sep 2024 11:25:42 +0000 https://nolex.org/?p=709 The amount of rewards that can be earned by playing free NFT games depends on the mechanics of the specific game and market demand.

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The amount of rewards that can be earned by playing free NFT games depends on the mechanics of the specific game and market demand.

You can make a financial gain by selling your items on the market, exchange, or auction. In these games, value is determined either by rarity and importance to collectors, or by their usefulness in the game.

The number of NFT games is currently inferior to that of classic toys. However, this industry is gradually growing and now we can name the top NFT games that are in demand among players.

Top 5 NFT Games to Earn Cryptocurrency

Axie Infinity

Today, this game is one of the top three most popular by number of users. In many ways, the meaning of Axie Infinity is based on the Pokemon series of games, but it is supplemented with its own blockchain. Participants buy and breed virtual pets – Axies, created on the basis of NFT and fighting with other players. Each pet has its own genetic imprint. Based on this, the offspring of Axies is built, which can be bred.

There are three main ways to earn NFT game cryptocurrencies in Axie Infinity:

  1. By emerging victorious from battles with other players, you can earn in-game currency SLP and trade it;

  2. by breeding new Axies and selling them on the game’s NFT marketplace;

  3. by purchasing existing game characters and renting them out.

Splinterlands

This game is included in the NFT games rating as one of the most promising in terms of earnings. Its essence is as follows: players defeat monsters and receive a reward for each successful battle. The game mechanics are built around NFT cards, combining which, users can improve the skills of their characters.

There are two main ways to use NFT games to make money:

  1. completing quests and participating in tournaments;

  2. investing in unique combinations of game cards and reselling them on marketplaces.

In Splinterlands you can start getting rewards without investments, but to do this you will need to spend 3-4 months to collect a strong combination of cards.

Plant vs Undead

Another digital hobby that made it into the NFT games for earning money rating. Its essence is as follows: the player needs to protect the main tree from zombies that are trying to destroy it. You can provide protection by planting special combat plants.

After a repelled attack, the player receives in-game tokens (PVU). They can be used to buy new plants and upgrade characters, as well as trade them on the exchange.

There are three main ways to earn money:

  1. receiving PVU for successfully repelling zombie attacks;

  2. sale of combat plants that have been pre-grown and upgraded;

  3. receiving tokens for caring for other people’s plants.

Alien Worlds

This is a game application that encourages cooperation between participants in the exploration of other planets and simulates competition in the economic sector. The internal game token is Trilium (TLM). It is needed to gain access to virtual processes and management.

You can earn money in the game in the following ways:

  1. participate in battles;

  2. complete in-game tasks;

  3. sell existing NFTs.

Lost Relics

This action RPG is considered one of the most famous NFT games. It has a large number of digital items. In the game, you need to fight monsters, complete quests, invade dungeons, collect as many rare trophies as possible and get income from it.

There are two ways to monetize your gaming efforts:

  1. receive rewards for completing game tasks;

  2. sell rare relics to other players.

How much can you earn from NFT games?

It is impossible to answer unequivocally how much you can earn in such games. Everything depends on the game itself, the user’s activity, his gaming skills, the chosen method of earning and much more.

Taking Axie Infinity, one of the top NFT games, as an example, the average character set costs around $2,000. Playing for a month with these additions will earn you around $1,200.

The Prospects of NFT Games

Despite the fact that the gaming industry is actively developing, has many fans around the world and is acquiring new players every day, there is no clear answer to what the future holds for NFT games.

On the one hand, an exciting and profitable industry where free NFT games give ordinary players the opportunity to earn money has every chance of surviving for a long time. In addition, developers have a unique opportunity to create a system using an in-game economy, which, if carefully developed, can bring considerable profits.

On the other hand, the excitement that exists today around NFT may end as quickly as it began. The value of such tokens looks ambiguous, which makes it impossible to accurately state the direction of their further development. There is a possibility that players will become disappointed in such an industry and NFT games will lose their popularity.

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