NFT games, crypto games, blockchain games… They all describe games that use blockchain technology to create new game worlds and experiences, where NFTs play a particularly important role!
Check out these three different ways to use NFTs (non-fungible tokens) and cryptocurrencies in video games.
NFT and cryptocurrencies as inspiration themes
Some games are not actually blockchain-based or involve real NFTs (non-fungible token), but simply take inspiration from crypto trends to make games on the topic of cryptocurrencies and driving trends in the gaming world. Like mobile gaming “Bitcoin Billionaire – Fake Bitcoin, Real Funby Noodlecake.
The casual game uses classic 8-bit graphics and allows players to mine fake bitcoins. The game consists of type as fast as possible to generate bitcoins and unlock in-game upgrades. He travels through different worlds and eras – from the Stone Age to a futuristic world!
Instead of giving players the option to buy or earn NFTsusers earn NFT symbols, such as the Bitcoin logo or the famous Doge meme. Combining the symbols of new technology and cyberculture with a nostalgic 8-bit design of arcade games, the slot machine combines the games of the past with the trends of the 21st century.
Characters, skins and gear in NFTs
NFT games like The Sandbox complicate things a bit by allowing players to have different in-game items and characters in the form of NFTs. You can now get certain items, upgrades and more improvements via in-game purchases and so-called microtransactionsa well-known concept.
Thanks to NFTs, players can now buy unique equipment and characters which are exclusive to them and cannot be duplicated.
These NFTs can represent any element of the game:
- complete characters
- land in play
The uniqueness of these elements is anchored on the blockchainso the value they have may also have some out-of-game validity, and game items can then be collected, traded or sold on the blockchain.
Play-to-Earn: Game Models on the Blockchain
One of the most popular NFT game models today is the Play and Earn (PtE). In such games, players are rewarded with tokens for in-game achievements and challenges. One of the most popular games is Axies Infinitewhere players can breed, collect, train, and upgrade small monsters, similar to classic Pokémon.
On the one hand, there are fungible assets, the so-called potions of tenderness (SLP), which can be obtained as rewards in certain game modes; on the other hand, there are non-fungible AXS tokens.
Each of them represents an individual Axie monster in the game, with personal appearance, skills and unique value verified by the blockchain. Attributes and items can also be obtained as NFTs in “Axies Infinite”.
Other PtE games are, for example, “kryptokitties“, “Spells of Genesis” Where “Ether Shrimp Farm“. Also highly anticipated, the mobile role-playing game Guild of the Guardianswho counts more than 130,000 players on the waiting list. Although the game has not yet been released, it has raised $3 million in its first wave of NFTs Founder Collector and a partnership with NRG Esports.
The trend of NFT games is accelerating. Tokens are already being used in games in different ways and may even herald a new era in gaming, and it will be exciting to see how future trends develop within decentralized finance (DeFi).
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3 different ways to use NFTs in video games
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