While lurking through the internet, you probably heard of Non-fungible tokens (NFTs). They are unique digital assets shared in a blockchain system. Each NFT is a unique digital signature that provides NFT security as a digital asset. Why integrate NFTs into games?
There are a lot of disagreeing voices when it comes to NFT gaming. Some see it as a means for developers to earn more cash through micro-transactions. However, the opportunity for gamers to acquire and trade digital tokens nullifies such arguments.
1. Gaming is More Interesting
NFT games are certainly more exciting to play as the players can earn actual income when they win. It’s no longer about passing the time; it’s the value of your time that makes NFT games tick.
NFT gaming allows players to build a career out of a hobby. If that does not make you jump for joy, what will?
Some of the best nft games include Axie infinity and Sandbox. The players are there mainly for the rewards, which translates to high retention rates of players and lower piracy rates.
2. Ownership and Security of Digital Assets
That’s right! Gamers can own the rewards they earn. The collectibles are transferred to digital wallets such as trust and MetaMask and can be sold to other gamers for a good sum.
You must have heard of the price at which the Angie NFT from Axie Infinity was sold for. A whopping 1.1 million dollars. Other gaming NFTs such as a dragon or crypto kitties have also sold for a hefty amount.
The unique digital signature of each NFT token is a critical player in the security of the NFT. The NFTs cannot, therefore, be exchanged or forged. They can, however, be transferred to a digital wallet upon ownership. They are good security as once a game shuts down, the tokens you were rewarded will not go down with the game.
3. Control of the Game
The power in NFT games is with the player, not the developer. The player can buy and own in-game assets. It is done through microtransactions required to upgrade to an account. They also believe through season passes, where they can purchase future downloadable content packs at a discount.
Once the gamer owns the NFT, he is considered a crucial investor in the game and will be eligible to earn a certain amount for future resales. As the owner, the gamer can sell his rights anytime he wishes.
The games FIFA and Fortnite are excellent examples of how gamers control gaming. The game developers occasionally present scarcity in certain NFTs to win particular levels. This scarcity puts gamers with these NFTs in a good selling position making a good profit from NFT sales. The gamers do not fully control these games since the developer has exclusive rights.
Games such as the sandbox Metaverse are 100% owned by gamers; therefore, no one owns it. A game fully owned by players is easy to customize to fit a community of different players, allowing it to be more interoperable. Gamers can also make NFT assets nobody has had before and sell them to the marketplace for integration with the game.
4. Excellent Investment Platform
Gamers are also very good business people. The principle is always the same, a good deal is one with a good return on investment. Most NFTs will likely be affordable when they are in abundance.
If you do not use them and wait for their scarcity, you will be surprised at how much other committed gamers will pay for them. Gamers like the twelve-year-old Benyamin Ahmed are a testament to how much you can earn gaming NFTs.
5. Transparency of Ownership
Transparency in ownership is typically the result of the decentralization of non-fungible tokens. It means the blockchain network can access who owns which NFT, and the information of each NFT is also not alterable. Once the NFT is bought, the system changes, and ownership rights are immediately transferred. Anyone who wishes to check the transfer history can do it.
Through the blockchain system, NFTs are also given value and tracked. This system has enabled tracking historic sales made down to the last coin. That is how we know how much NFTs, such as crypto punk sold for and how much they are worth.
6. A Good Portfolio Outside Gaming
If you want to flaunt your gaming skills, then NFT gaming is what you need. The NFTs you buy or collect are good portfolio makers in the marketplace. They are like badges that you can sell if you wish. But why become an elite NFT collector? What are the benefits?
As an elite NFT collector, you are part of the elite crypto club. You will get exclusive access to events and clubs, have a wild social media following and be a key player in how the crypto market will work in your favor. For instance, there is a club membership called the Bathroom, and only the most elite can access it.
Your brand as an elite collector will get you to places you have never dreamed of, meet people you always wished you’d meet, and be part of the top club in the world. Ask Steve Aoki, the richest NFT collector with a wallet worth 5.1 million dollars.
7. NFTs are Forever
It seems like the Web 3 gaming creation is here to stay. A new age of decentralized information and crypto and NFTs are at the center. The earlier you invest in gaming NFTs and get used to how they work, the better your chances of making money.
NFTs are here to stay! The idea surrounding digital assets like crypto and NFTs is only in its early stages. There are undeniable benefits.
The play-to-earn platform is worth the try if you still need to. The internet is your oyster if you want to pick gaming as a career.