How does blockchain technology secure NFT games

How does blockchain technology secure NFT games

Blockchain NFT games have progressed significantly since the early days of trading simple Non-Fungible Token (NFT) collectibles such as Cryptokitties. Now you can earn money playing crypto nft games free to play, even if you don’t own the rarest NFT.

The concept is appealing, as video NFT games rarely allow players to earn real-world money by selling digital assets. Users can now earn money in the crypto world using this new model of nft games free to play.

What are NFT games?

NFT games enables players to earn cryptocurrency simply by playing the game. Although each game’s mechanism varies, rewards are typically earned through staking, farming the game’s currency, or generating tradeable NFT items. In earlier blockchain games, users profited primarily from random chance. However, play-to-earn has created in-game economies and business models in which players can earn money.

Axie Infinity is a well-known example on the Ethereum blockchain. The game combines aspects and gameplay from conventional video nft games free to play with the established blockchain gaming paradigm. For example, Axie Infinity includes an adventure mode, PvP combat, and tournaments – all of which are common in the traditional gaming industry. The game is compatible with Windows, Android, Mac OS X, and iOS devices.

How does NFT games work?

NFT games are classified as GameFi due to their combination of gaming and financial. Each game offers cash incentives for players to participate and grow. As previously said, there is often a grind associated with repeating specified acts that enable users to earn money in one of two ways:

1. Earning cryptocurrency in-game. One such item is Axie Infinity’s Smooth Love Potion (SLP), which may be obtained by completing daily objectives or engaging in combat with monsters and other players.

2. Earning and exchanging NFTs in-game. Each NFT may be a representation of a gaming object, character, or other collectable. These may be entirely aesthetic or provide a function or purpose in-game, depending on the game.

Additionally, there is a third way to make money with nft games free to play: staking. Certain NFT NFT games enable players to store NFTs or cryptocurrencies in smart contracts, generating incentives in the process. Staking MBOX tokens, for example, rewards users with MOMO NFT Mystery Boxes. Each one carries a unique NFT of varying rarity that may be sold on the secondary market. However, in order to receive significant staking benefits, you’ll need a sizable initial investment.

How does blockchain technology secure NFT games

How can blockchain technology ensure the security of pay-to-play games?

Playing to earn is not a new concept. Numerous online NFT games (often massively multiplayer online role-playing games) have fiat-based auction houses or secondary marketplaces run by gold farmers. The major distinction for cryptocurrency NFT games is that these money and goods reside on blockchains. A blockchain has a number of qualities that make it simple to establish ownership, legality, and uniqueness.

Consider a blockchain network to be similar to an immutable database. It is maintained via a decentralized network of computers (users), each of which stores a copy of the blockchain data. This effectively eliminates the possibility of someone altering, duplicating, or deleting blockchain data.

As such, blockchain NFT games may be built in a manner that eliminates fraud and corruption, such as item duplication, gold hacking, and other vulnerabilities prevalent in conventional nft games free to play. The rarity of an item is critical to its worth in-game. There is no copying and pasting with blockchain. If an object is one-of-a-kind, it cannot be duplicated. This contributes to the development of genuine value for in-game products.

How does blockchain technology secure NFT games

How much money do individuals earn from NFT games?

Generally, gaming is not renowned for financially benefiting the typical user. It might be difficult to comprehend how normal gamers can earn money from a blockchain game. Indeed, many individuals, particularly in underdeveloped nations, make a livable salary via crypto NFT games like Axie Infinity.

Farming may give a more consistent source of money, since earnings are proportionate to your abilities and amount of time spent playing. This form of farming has gained popularity in the Australia, where Axie Infinity has even become a substitute for jobless benefits. Players may earn between $200 and $1,000 (USD) every month cultivating SLP, depending on the market price and the amount of time spent playing. Farming benefits are typically lower than those associated with trading NFT creatures and items, but they are significantly safer for anyone in need of a steady income.

You can even breed new NFTs (Axies) in nft games free to play like Axie Infinity. However, the value of a freshly bred Axie cannot be predicted with certainty. As of October 2021, the most expensive Axie (Angel) ever sold was $131,970 on November 7, 2020, and is presently advertised at 3,000 ETH. While these figures appear appealing, predicting an average income for someone selling NFTs from play-to-earn games is challenging due to their random nature.

How does blockchain technology secure NFT games

How to get started with earning money through NFT games

Each game with a NFT games component will have unique criteria for new players. At the very least, you’ll want a cryptocurrency wallet such as MetaMask or Binance Chain Wallet to store your cryptocurrency and link it to the game.

Additionally, you may be required to make an initial expenditure to play, such as creating a team of characters or buying in-game equipment. Typically, entering a digital crypto-economy is not free.

By October 2021, Axie Infinity will demand an initial expenditure of around $600 to acquire three Axies. While this may be repaid after a few months of playtime, it still provides an entrance hurdle.

Another alternative is to hunt for so-called scholarships, which allow you to effectively borrow Axies for free from another player and then split the revenue generated with that person (referred to as the manager). In other words, the player offering the scholarship receives a certain proportion of your revenue. After establishing your beginning team and completing daily chores and challenges, you’ll begin earning SLP, an ERC-20 token that can be traded on Binance and other cryptocurrency exchanges.

Concluding remarks

NFT games are a relatively recent phenomenon in terms of earning cryptocurrency. With the majority of new ventures and ideas, you often have to be first in line to benefit from them. However, play-to-earn allows gamers to make money. However, caution is always advised, since many nft games free to play might be high-risk, unsustainable due to poor tokenomics, or even frauds.

6 Quick tips on how to get Axie Infinity

6 Quick tips on how to get Axie Infinity

There has been a severe issue on how to get Axie Infinity. I must say that I am aware that countless scammers are out there today. They are all claiming they have the best in stock. In fact, some have gone to the extent of dishing out fake news on how to help people get Axie Infinity. Trust me; there are steps that you ought to know. Therefore, I am imploring you to pay rapt attention to the things that will be revealed here.

I intentionally titled this article six quick tips on how to play axie infinity. This article aims to help you and show you how to overcome unnecessary stress. You’ll be shocked if you see some write-ups or articles about how to get Axie Infinity. Some of them are mere write-ups that are not real. I know you might be wondering how to get the best Axie Infinity that will improve your status without stress. 

Let me chip in this again; you can’t just go online to search for how to buy or get Axie Infinity. The reason is that scammers are also using social media platforms to dupe people nowadays. Several people end up blaming themselves. They followed the wrong information about Axie Infinity online. Also, they wasted their precious time, effort, and money. Are you ready to save yourself from those stress that will not yield any interest? Are you prepared to know the easiest way of getting Axie Infinity? Of course, I will put you through some tips that will ease you. I mean, the steps that I want to show you here are genuine and legit. I have informed many people in face-to-face contact, and they have all come back with positive testimonies. Then, I thought of passing this vital information on to people like you. 

I will not overlook the aspect of telling you your role. Of course, you have a role to play. What’s your part? Your role is to pay rapt attention to this write-up. And I will like it if you can practice the steps you will see here even as you read through this article. Don’t be scared! That’s all you need to do. 

There’s nothing more to say than to take you through that entire process. Are you ready for the ride? Now, let’s go!

Step 1

Create a Coinbase account: Creating a Coinbase account is the first step that you must be ready to take. Without creating this account, one might end up falling into errors. Not only that, scammers can take advantage of the fact that you haven’t opened a Coinbase account. This extraordinary step is one of the easiest ways to buy Axie Infinity.

 Then, you might be wondering about how to open a Coinbase account. There’s nothing much. All you need to do is visit the play store on your mobile phone, download the Coinbase app, and start the sign-up process. The registration process is what you can understand easily. You don’t need a tutor on that.

Step 2

Add a payment method: The next step to buy Axie Infinity after opening the Coinbase account is to add a payment method. How would you do that? It’s not complicated. You will see the payment method box. All you need to do is to tap on the payment method box. It will bring various suggestions to you; then, you pick one of your choices. Therefore, after tapping on the payment method box, the next thing is to connect a payment method. Are you following? Now, the next step!

Step 3

Start a trade: After you have created a Coinbase account and added a payment method, you can now start to trade Axie Infinity. This step is crucial. And one must be careful to follow the process to get it right. Several people find buying Axie Infinity so hard at this point. It might look somehow to you. But you must not relent. Ensure that your level of consistency in trading goes beyond what you can explain to people. 

Step 4

Select Axie Infinity: After trading, you will see several lists of assets. Then, it is up to you to carefully select Axie Infinity from the list of assets. It is expedient for you to know that Axie Infinity is one of the assets that will be suggested to you. Therefore, make sure you are picking Axie Infinity. Several people have missed it in this area. They mistakenly pick something else and find themselves where they don’t want. I am imploring you to select Axie Infinity from the list of assets carefully. Learn more how to creating an axie infinity account,

Step 5

Enter the amount you want to buy: The next step after picking Axie Infinity is to enter the amount you want to buy. Of course, it all depends on your budget. You can choose to buy Axis that are cheap. I have seen people buying with all their savings since they know what they will achieve at the end of the day. So, if you also want to invest in this business for real, I will advise you to enter a reasonable amount that will keep you in the game. I mean, enter the amount that will give you the chance to play for a long time. 

Step 6

Finalize your purchase: This is the last step. After you have made the above-listed points, there’s a need to finalize your purchase. After completing your purchase, you can proceed in playing the game. Click here to get about more 6 games that looks like axie infinity.

Closing thought

The fact remains that there are countless articles on how to get your Axie Infinity. But I am informing you right now that not all of them are practicable. Please try what I said earlier in the introduction of this write-up. I believe you won’t regret reading this article if you follow the information listed above. Remember, this article consists of six quick steps to get Axie Infinity. Finally, dear reader, I want to assure you that you are in the right place. If you have any questions regarding this topic, please feel free to drop them in the comment box.