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Play to Earn Crypto Games | Make Fortunes While NFT Gaming – 2022 – Finextra

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Play to Earn Crypto Games | Make Fortunes While NFT Gaming - 2022 - Finextra


Play-to-earn NFT games are where players can monetize their time while playing video games. This model is the latest addition to the NFT market in the metaverse. It will strike a big deal in the future if those constant players of video games try to fantasize about their playing time being turned into money-making. 
The gaming industry and the rise of the play-to-earn model
It all started in 1958 when a physicist named William Higinbotham created what is said to be the first-ever video game. It is a simple tennis game like the 1970s classic pong, and it was a big hit at the Brookhaven National Laboratory’s open house. Later, it slowly evolved into a few other games, and day by day, the gaming industry started to boom. The gaming industry also made a huge impact on games in mobile phones and gaming consoles and then entered computerized games. Gaming freaks also transitioned to games like Vice City and Assassin’s Creed, where the gamers brought in-game stuff to flaunt their characters with their friends and other rivals.
However, the developers of these giants made it only for fun and enjoyment by making their avatar stand in the crowd with other rivals. The future breed of gamers wanted incentives for their time on the virtual games, and then the origin of the metaverse made it possible, leading to the rise of the play-to-earn model.
What is a Play to earn NFT game?
Play-to-earn NFT games are the next big thing in the world that has stormed the crypto world. The development of certain games for adults with a bounty of NFTs for the participants makes them crazy with the availability of free games.
They grow day-by-day and can earn a hefty sum from the tokens made out of games via auctions. The change in the gaming industry made it possible with the rise of NFTs during the current surge in the industry. This could be a start of a bright future for the gamers who try their hands on developing a gaming platform that could earn huge profits. 
Money making NFT games
NFT games are the future of gaming. They will play, earn, live, and repeat. It could be a possible future for gamers who live in games. The NFTs’ rise made them possible, and the end would be big with the play-to-earn model’s emergence.
Example of Moneymaking NFT games
SANDBOX is one such example of a money-making game. It is the hottest virtual world where people can build a platform to earn, own and monetize their experience in the virtual game. SANDBOX has a grand opening for beginners who can get a free NFT by creating an account. It is something that people can afford and earn a lot of money. 
LAND is a piece of the metaverse where you can get access to the digital content that will monetize your part of the SANDBOX’s metaverse. SAND is the token used to buy land and other assets in the metaverse.
How do the money-making games and the ownership work?
Many of the money-making games provide you rewards in the form of NFTs. These money-making games rely on blockchain technology, Where you can sell those items that you earn in the form of NFTs on a dedicated marketplace. This process is known as Staking.
This is the time to launch a gaming platform where people can live peacefully in the virtual world. Making such games gives you peace in the name of work and money in the form of NFTs that can be sold in a marketplace. The money-making games have huge respect and could earn enormous profit soon. Recently, in a game called Decentraland, a piece of the virtual land was sold for $1.3 million. The game’s data is stored in a secured digital ledger and protected with high-level security. 
Development of the NFT gaming platform
The development of the NFT gaming platform could be huge in the future. It is the right time that you give a go to the gaming platform that would make you succeed in the world of NFT games. Usually, we live in a society where gaming is just for fun and enjoyment. However, the future of gaming could be a lot more than that where you can earn money in developing a platform just for gaming and earn NFTs that you can sell in a marketplace. The features of the NFTs that empower the gaming industry are as follows.
Liquidity
Standardization
Immutability
Programmability
Cross-chain compliance
Transparency
Scarcity
Verifiability
These factors stand out tall in developing an industry that makes you go wow.
NFTs are growing huge, and it is the biggest surge here. However, gaming gives versatility in NFTs where you can earn from home just by playing virtual games and earning money from selling the in-game assets in the marketplace that makes you rich. This is the right time to drop in and make a profit worth millions. Few people have already started earning. The next is what you are making. The steps you take will make you bake enormous sums and could achieve success in the future. Stay down, start developing a platform, and earn your cut that says your name. NFTs are the future, even in gaming and other sources that treat you like a billionaire. Some companies make you an owner in the newest venture that you are opting for and playing in, and it would make your day. 
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Blockchain Research Analyst
NFT Firm
Member since
23 Dec 2021
Location
Chennai
Blog posts
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2 h
21 Feb
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02 Feb
This post is from a series of posts in the group:
Being a forum for blockchain ideas
Povun Kumar
1 h
Kiruthika M
2 h
Elson M
25 Feb
Povun Kumar
23 Feb
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