Blockchain games are becoming more popular. However, there are ongoing debates in the gaming community about the advantages of NFTs. Some see it as exploitative, while others see it as legitimately useful. Nevertheless, we cannot argue that some investors have made money from NFT games.
Considering this, how can you invest in NFT games without getting your hands burnt?
What Is an NFT Game?
Simply put, NFT games are games that use non-fungible tokens. They are more than simply a way to store crypto-collectibles in your wallet; they include player interactions, the purchase of avatars and weaponry, and the potential to generate income from NFT games via the play-to-earn model.
NFTs are expected to play a significant role in driving growth in the gaming industry. They allow developers to profit from their work while allowing players to earn simply by interacting with them. In addition, NFTs employ blockchain ledgers to validate unique digital collectibles, which is vital to how NFT games work.
CryptoKitties, released in 2017 on the Ethereum blockchain, was one of the earliest games to incorporate NFT characters. It allows players to purchase virtual cats, add them to their collections, breed them, and sell them. The project is one of the early attempts to leverage blockchain technology for recreation and leisure activities.
How Do NFT Games Work?
NFT games blend conventional gaming designs with traditional gaming architecture to give users greater control over…
