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How To Become a Top Earning NFT Artist

Posted on by Shipra

 

How To Become a Top Earning NFT Artist

This article will give an insightful perspective on the NFT space and expose the key attributes that top NFT artists possess. It will be safe to assume these attributes are what make them stand out. First, let us delve into a brief description of fungibility.

Fungibility Explained!

Fungibility connotes the ability of the asset to be interchanged or replaced with other individual goods or assets of the same type. Fungibility implies equal value between two assets, making it easy to exchange and trade between them. So basically, fungible tokens can replace each other without a change in value.

Some major examples of fungible tokens include Commodities, common shares, options, and dollar bills.

What Are NFTS?

The term NFT is an abbreviation for Non-Fungible tokens. As the name implies, non-fungibility connotes the inability of the asset to be interchanged or replaced with other individual goods or assets of the same type. Non-Fungibility tokens are unequal in value and unique making it difficult to exchange and trade between both assets.

Major examples of Non-Fungibility include diamonds, land, or baseball cards because each unit has unique qualities that add or subtract value.

To explain better, every land of the same square meter is not the same. The value of the land also depends on location, topography, neighborhood, fertility, etc. This makes it difficult to exchange one land of the same size for the other as their value might have significant differences.

What Makes Digital Art Non-Fungible?

Several artists all over the world have made copies of Picasso’s paintings. While someone can make copies of Picasso’s paintings, the originals are impossible to replace and unique.

NFTs, like Picasso’s original art, are blockchain-based tokens that each represent a unique asset for example digital content, a piece of art, or media.

Due to the immutability of the blockchain, an NFT minted on the blockchain serves as an irrevocable digital certificate of authenticity for any asset, whether physical or digital.

Read also: Create NFT Digital Art in 3 Simple Steps

As cryptographic assets on the blockchain, NFTs have distinct unique identifiers and metadata that set them apart from one another.

The proliferation of NFT Artist

NFTs have a long history as far as 2012 when Meni Rosenfield published a paper describing NFT technology as “Colored Coins.” Originally, the Bitcoin blockchain was the focus of the NFT paper.

On May 3, 2014, digital artists Kevin McCoy and Anil Dash created the first known NFT. The Quantum NFT featured a little video of McCoy’s wife Jennifer. He later sold it to Dash for $4.

The turning point for NFTs came on March 11th, 2021, when Mike Winkelmann (known as Beeple ) sold his NFT collection “The First 5000 Days” for a whopping $69.3 million (38525 ETH). The sales gave global attention to NFT arts and led to massive interest in NFTs as a store of value.

As the NFT market continues to grow, new digital artists from Web2 and other digital industries are rapidly migrating into the Web3 NFT space, making it more difficult for individual artists to stand out amid the chaos.

Why NFTs

According to CryptoArt.io, over 3.2 million pieces of artwork have been marketed for more than $2.5 billion in the last two years.

Beeple, Pak, Edward Snowden, Kevin McCoy, Whisbe, Paris Hilton, and others are among the top-selling NFT artists.

While some artists make massive sales, many other NFT artists struggle to gain traction.

Here are some key characteristics that distinguish the top earners from the rest.

1. Create a stunning website:

The validity of your project is strengthened by conventional websites that include information about your collection, your investors, and a plan. It should be appealing and vibrant. Visitors to your primary website are those who choose to make an NFT purchase. They will examine the project team and proposals. Show the public the team members and the artwork.

2. Have a Catchy Mission: 

A key distinguishing feature of most popular NFT artists is their sense of mission. Beeple for example is committed to designing one NFT art per day and has consistently followed through from his days as an underground artist. The First 5000 days was a collection of his First 5000 works as an NFT artist. The Bored Ape club promoted exclusivity and class. There is other NFT artist that commits a percentage of their sales to charity or a cause. NFTs have also been an active part of several global issues like the Ukrainian war etc.

3. Create an NFT community or participate actively in one: 

Art historical collectors converged in Montparnasse cafes and bars in the initial periods of contemporary art. NFT collectors now meet and form groups on social media platforms such as Twitter, Discord, and others to compare notes, criticize, and evaluate NFT arts. Building a social media community or following allows you to expand your audience while also providing much-needed authenticity and trust in these days of rekt due to increasing rug pulls.

4. Get the Pricing Right: 

Include the community in the price-setting process. Either through routine surveys or public conversations. Spend some time discussing what a fair price is with your community.

5. Provide extra information and collectibles: 

Every NFT artist must learn to engulf their art with a dramatic story while also adding context and exclusivity. Whether collection or art, a special and appealing narrative should accompany the work to build a sense of perspective and allure.

6. Be unique: 

There is a need to etch out a distinct niche for yourself by creating artworks not solely to sell them, but also because they have deeper meanings or are in an area that you are genuinely enthusiastic about.

7. Cooperate with reliable influencers and businesses: 

It’s critical to collaborate with credible crypto social media influencers and companies that have a track record of honesty and don’t encourage fraud. Select partners who support both your idea and the NFT industry as a whole.

8. Try something new like joining a Unique blockchain: 

Beeples was just a 3d artist who leveraged the new blockchain smart contract technology to push his art. As the blockchain space continues to revolutionize and innovate with new use cases and goals, we are seeing a fervent following among blockchain enthusiasts. Being a committed member of a specific blockchain and committing to mint and grow on the chain has its own set of benefits as the NFT artist gets huge community support from the ecosystem community translating into huge publicity and support for his works.

Blog Credits: Medium

The White Label Real Estate Tokenization Platform is all set to start tokenizing your real estate assets instantly!

Posted on by Shipra

SoluLab, India, Nov. 4, 2022 – We’re excited to offer you the white label real estate tokenization platform at SoluLab, a fully-customized white-label crypto real estate tokenization solution with multiple blockchain support. It’s a digital solution for supporting both sellers and buyers, who want to start their own crypto trading by launching a white label real estate tokenization platform. Our White label real estate tokenization platform is rich in functionalities with various tools in the digital asset industry. You can create and list out commercial or residential property tokens and also able to set their prices.

Real Estate Tokenization Made Easy!

Explore the advantages of an end-to-end, highly cost-effective, and fully customized White Label Real Estate Tokenization Platform:

Asset Tokenization: Our Platform guarantees that once you buy tokens representing an asset, no single authority can erase or change your ownership. Your ownership of that asset remains entirely immutable. 

Fiat/Crypto Payments: The platform supports both Fiat-type payments and Crypto payments as well. 

Digital Deed Signing: Secure your valuable assets by signing them with digital signs/ E-signatures to protect them from attacks.

Smart Contracts: Implement swift sale agreements with your buyers using different smart contract techniques.

Support Multi-Blockchains: Our Tokenization Platform is built on fork-proof blockchains such as Ethereum, Polygon & Binance. Advanced cross-chain transfers allow a user-friendly interface and faster transactions.

We will provide all the technical assistance in case you face any issues during the launch of your marketplace with the functionalities.

We are not done yet, Besides all the above-mentioned features you get a bit more with Our White Label Tokenized Real Estate Platform:

  • Automated Content Moderation
  • On-Premise Deployment Support
  • Multi-Lingual Support
  • Email and SMS Service Integration
  • Ticketing & Support System Integration
  • Customer Service Chatbot
  • Support Warranty Period
  • Smart Contract Audit Report

If you are planning to drift your business profits through real estate tokenization, we have got you covered through our white label real estate tokenization platform with market-leading features.

About us

SoluLab Inc is a leading Blockchain, AI, & IoT solutions provider company, started by the former VP of Goldman Sachs and former principal software architect of Citrix.

  • We have 1500+ clients across 30+ countries with a 97% success rate
  • Some of our clients from the insurance industry are Cigna, Heritage Insurance, MetLife, Swiss Re, New York Life, and 10 more
  • Ranked 33rd on Deloitte’s 2020 Technology Fast 500™ list
  • Top Blockchain development company by Goodfirms, Clutch, and Gartner in 2020 and 2021
  • Microsoft Silver Certified Partner, Google Developer Certified Agency, and Hyperledger Certified Service Provider
  • Video Testimonial of AnrKeyX COO whom we helped in raising 2.2M USD funding through our MVP development – https://bit.ly/3RZzFAS

Media Contact:

Gursumeet Kaur

Marketing TL

What are NFT Games and How Do They Work?

Posted on by Shipra

What are NFT Games and How Do They Work

Are you interested in playing a game that can help you earn money too? The NFT games are here.  An NFT gaming market is more than buying non-fungible tokens and saving them on your digital crypto wallet. When it comes to features, NFT games have it all, player interactions and transactions of characters or avatars. Players can now make money in the form of NFT tokens. In this blog, we will learn about NFTs in gaming, their financial aspect, genres, top NFT games and much more. 

Understanding NFTs in gaming

Crypto money is similar to a digital wallet, where instead of money, you can store crypto. To simplify this further, crypto is a form of currency. Unique cryptographic tokens are used to play these games. Additionally, each NFT has an internal metadata system. Like an authenticated certificate, the metadata stored inside the NFT specifies what it stands for, its history, and the transaction record. 

NFT gaming differs from traditional gaming. Here, crypto money can also be used in the marketplace. To participate in a game, a participant must first register an account. It appears on a digital platform or mobile app. Installing an NFT wallet utilised in a game and having cryptocurrency wallets is required.

The financial aspect of NFT gaming

Here is how an NFT game functions financially. Its economy is based on in-game asset purchases, unlike traditional game monetisation, which involves users purchasing games or watching advertisements.

Players frequently need to purchase some gaming NFT assets to begin playing an NFT game. Additionally, game creators have listed in-game items for purchase on a marketplace. Further, game developers charge a fee for every platform transaction. There is an actual NFT marketplace for games where you can play your heart out and earn money.

What are In-game NFTs?

One method of earning money via NFT games is through in-game NFTs. Using this gameplay mechanic has been the standard way to make money off NFT games for many years. The worth of an item in the game will vary greatly depending on its aesthetic qualities, rarity, or function.

Read more: 8 Best NFT Games You Should Check Out in 2022

Popular genres in NFT games

Not sure what type of NFT game you wish to play? Check out these popular genres to choose from-

  • Action games – In this genre, the players usually engage in a battle to fight enemies. This can be using guns, grenades, one-on-one battles, etc. These games generally have action scenes. 
  • RPG – RPG stands for role-playing games. These games usually have a solid storyline, and the players are characters. These players have their avatars. RPG games are also popular for groups. To understand this, let’s take the example of Jumanji. It was a popular RPG where a group of friends where each has their strengths and weaknesses, are stuck in the jungle on a mission. 
  • Sports games – If you are a crazy sports fan, this NFT gaming genre is meant for you. This genre doesn’t need much explaining. It usually has football matches, car racing, etc., where the players compete with one another or the bot to win.
  • Strategy games – Making the right and wise decisions can be a tricky task. But if you feel good at it, these games are for you. You need to make a series of right choices or plan your actions ahead of time to win the game. 

Mechanics for NFT games

Here are some of the mechanics you need to know about – 

  • Resource collection – You need complete tasks or levels in these games. Based on your accuracy, speed, etc., you are scored. You shall receive tokens, coins, or points per your scores. Further, you may redeem these to upgrade your items. 
  • Breeding – These games require you to care for and nurture your digital pets or babies. These games need you or your character to work and provide for them. For example, in cattle, you are supposed to grow grass and feed them to sell their milk in the market and make money. 
  • Farming – Unlike the regular farming games where you need to buy seeds, grow crops and sell them to run farmland, these NFT games are different. In these games, players can buy and own digital land and sell it further. 

Top NFT Games that you Must know About 

If you are ready to play NFT games and fill your crypto wallets, here are some of the most popular NFT games that you must know about – 

Axie Infinity

Would you believe that 2.8 million players play this game regularly? This is true! Axie Infinity is a leading and loved NFT game in the market. This game follows a play-to-earn system where the players earn AXS tokens within the gameplay. In this game, each player can nurture and care for their three digital pets called Axie. These Axie further have their offspring and pass their traits, strengths, and weaknesses to them.

Alien Worlds

Alien World is a play-to-earn game where the players earn in Trillium. The players use this to control planet organisations, where the players need to participate in councils and run for elections. Players can also go for missions and battles in the Metaverse.

Gods unchained

Gods unchained is another popular play-to-earn game where the players get about 140 free cards. Each of these cards has its strengths, and the players can trade these cards within the game. 

The sandbox

In reality, the sandbox is a lot like Minecraft but based on a community-driven NFT platform. Players here need to create their voxel ASSETS. These can further be marketed and sold in the gaming NFT marketplace.

Battle racer

Battle racer gives a different look to the original car racing games. To play this game, you also need to design your own car, with skill sets of your choice, such as speed, firing rate, defence Power, etc.

Conclusion

Have you tried these NFT games yet? NFT games are leading the market and are very popular. There is a game for every gamer, whatever their choice be. While playing these games, you can entertain yourself and earn a handsome amount. NFT games marketplace is a new reality. 

 

Best NFT Games – Top Play-to-Earn Blockchain Games 2025

Posted on by Bhavya Dave

Best NFT Games

Play to earn NFT games is Changing the gaming industry, redefining the relationship between gamers and developers. Fueled by the increasing popularity of non-fungible tokens (NFTs) and blockchain technology, P2E games are changing the way games are designed, played, and monetized.

With a market size projected to reach over $8800 million by 2028, P2E games are showing no signs of slowing down. The surging popularity of digital assets like cryptocurrencies and NFTs is driving the growth of this sector, offering gamers new opportunities to earn while they play.

Are you interested in getting started with P2E games? Look no further! Check out our carefully curated list of the best play-to-earn crypto games in 2025. Dive into the world of P2E and explore the exciting potential of blockchain-based gaming.

How Do Play-to-Earn Games Work?

Play-to-earn (P2E) games have revolutionized the gaming landscape by introducing a novel economic model. Unlike traditional games that solely focus on immersive gameplay, P2E games allow players to earn cryptocurrencies as they embark on their in-game journeys. This innovative concept empowers players to create tangible real-world value from their gaming experiences. In this article, we will explore the mechanics of how P2E games operate and the profound impact they have had on the gaming industry.

1. Tokenized Assets and In-Game Items:
Play-to-earn games leverage blockchain technology to transform in-game assets and items into non-fungible tokens (NFTs) or fungible tokens. These assets are securely stored on the blockchain, providing players with indisputable ownership and a sense of rarity.

2. Economic Ecosystem:
Within the game’s universe, players can buy, sell, and trade their tokenized assets, creating a self-sustaining economic ecosystem. This ecosystem is often facilitated by a native cryptocurrency, enabling seamless transactions.

3. Gameplay and Earning:
Players engage in various in-game activities, unlocking opportunities to acquire valuable items, tokens, or cryptocurrencies. These rewards can enhance gameplay experiences or be exchanged for tangible real-world worth beyond the best NFT games 2025.

4. Blockchain Verification:
The blockchain ensures the integrity and security of in-game transactions, preventing manipulation or fraudulent activities. Every exchange, acquisition, and sale is meticulously recorded on the blockchain, creating an impervious barrier against dishonesty.

5. Marketplaces and Exchanges:
Many play-to-earn games have integrated marketplaces where players can list and sell their tokenized assets. These assets can be purchased using the game’s native cryptocurrency or other compatible tokens. Certain assets gain value due to their rarity or utility, leading to a thriving secondary market.

6. Decentralization:
Play-to-earn games often operate on decentralized platforms, reducing the influence of central authorities. This decentralization gives players more control over their in-game assets and earnings.

7. Economic Opportunities:
Play-to-earn games have opened up new economic opportunities, allowing players to earn a living by dedicating time and skill to the virtual world. Some players have even turned gaming into a full-time career, earning substantial amounts of cryptocurrency.

8. Community and Governance:
Many P2E games involve their communities in decision-making processes through governance mechanisms. Token holders may have the power to influence the game’s development, updates, and other aspects, promoting a sense of ownership and involvement.

Types of Play-to-Earn Crypto Games

In play-to-earn (P2E) crypto games, players can immerse themselves in various gaming genres while earning cryptocurrency rewards. These games combine the excitement of gaming with the power of blockchain technology, offering unique opportunities for players to engage, explore, and profit. Let’s dive into the diverse categories of P2E best NFT games 2025:

1. Role-Playing Games (RPGs): Embark on epic adventures across virtual worlds in P2E RPGs. Conquer quests, battle monsters, and master crafting skills to acquire valuable in-best NFT Games assets that hold real-world value as cryptocurrencies.

2. Strategy Games: In strategy-based P2E games, players make tactical decisions to build, manage, and expand virtual assets. From constructing kingdoms to governing civilizations, optimizing strategies leads to rewarding outcomes.

3. Collectible Card Games (CCGs): P2E CCGs merge traditional card game mechanics with blockchain technology. Collect, trade, and battle with digital cards, each possessing unique attributes and potential value in the crypto market.

4. Virtual Real Estate Games: P2E virtual real estate games enable players to buy, sell, and develop virtual properties using blockchain. These properties can generate passive income or appreciate in value over time.

5. Play-to-Earn NFT Games: Non-Fungible Tokens (NFTs) play a vital role in many P2E games. Players can earn, buy, and sell NFTs representing in-game items, characters, or assets, enabling them to monetize their gaming achievements.

6. Battle Royale and PvP Games: P2E battle royale and player-versus-player games offer competitive environments where players compete for rewards based on their performance. These games encourage skill development and engagement.

7. Idle and DeFi Games: Idle games require minimal active participation, generating rewards over time based on in-game actions. DeFi games integrate blockchain’s financial features, allowing players to earn interest or rewards by participating in DeFi protocols within the game.

8. Sports and Racing Games: P2E sports and racing games bring the excitement of virtual tournaments and adrenaline-fueled races. Players’ skills directly influence the rewards they earn, making each victory even more satisfying.

9. Adventure and Exploration Games: P2E adventure and exploration games offer captivating journeys. Players uncover hidden treasures, solve puzzles, and immerse themselves in enchanting narratives, earning enticing rewards and recognition along the way.

10. Social and Virtual World Games: In P2E social games and virtual worlds, players can forge meaningful connections, acquire virtual property, and benefit from their social interactions. Dynamic events and creative expression are rewarded in these vibrant communities.

List of the 10 Best Play-to-Earn Games

We’ve rounded up some of the best NFT games 2025 that you can enjoy while earning virtual assets and other in-game rewards.

1. Axie Infinity

Axie Infinity, an immensely popular play-to-earn game, offers a Pokémon-style experience where players can earn cryptocurrency. The game revolves around breeding and raising Axies, adorable creatures that can be used for battles. Aside from purchasing Axies in the in-game marketplace, players can also acquire virtual real estate represented as non-fungible tokens (NFTs). Transactions occur on Ronin, a sidechain specifically designed for Axie Infinity by Sky Mavis.

As a play-to-earn game, Axie Infinity allows players to monetize their in-game assets, primarily by selling Axies in the marketplace. Players can also earn by collecting unique crypto tokens. The game features two distinct crypto tokens:

  • Axie Infinity Shards (AXS): This primary token serves as a governance token and can be purchased through cryptocurrency exchanges. Additionally, players have the option to trade major currencies like Bitcoin or Dogecoin to participate in the game. It’s worth noting that AXS has a limited supply of approximately 270 million tokens.
  • Small Love Potion (SLP): The SLP is a unique token rewarded to players for completing quests and emerging victorious in competitions.

To initiate gameplay in Axie Infinity, ensure you possess a crypto wallet compatible with the Ethereum blockchain platform. Additionally, you will require ETH and a Ronin wallet to establish a connection to the game. Upon completion of these steps, you can commence playing Axie Infinity on various devices, including PCs, Macs, Android devices, or iOS devices.

About Axie Infinity:

Sky Mavis, a Vietnamese studio established in 2018, developed Axie Infinity, a play-to-earn (P2E) game. Initially launched in March 2018, it gained significant popularity in 2021 and 2022, becoming one of the most prominent crypto apps on the Ethereum blockchain in 2021.

While Axie Infinity reached its peak in 2022 with an impressive monthly player base of nearly 3 million, its current active player count has dwindled to approximately 390,000 within the last 30 days, as indicated by ActivePlayer’s Live Player Count.

2. Polywin

Polywin, built on the Polygon blockchain, seamlessly merges crypto trading and gaming, revolutionizing online entertainment. It provides adrenaline-packed 45-second rounds, where strategic bets yield substantial rewards. The user experience is streamlined, eliminating lengthy registrations and deposits, allowing users to place bets in just 30 seconds. The outcome is revealed in a thrilling 15-second period, with immediate wins and direct deposits into users’ crypto wallets.

Polywin stands out due to its transparency, with no house edge and purely player-vs-player dynamics, where users’ predictive skills determine their success. The combination of real-time crypto trading and gamified elements offers an exhilarating experience that captivates players.

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Furthermore, Polywin prioritizes trust and transparency. The platform leverages the security and immutability of blockchain technology, ensuring that every action is verifiable and fair for all participants. Additionally, the rigorous audit by CertiK places Polywin among the top 10% of blockchain projects, solidifying its commitment to security and reliability.

About Polywin:

Polywin, a prominent play-to-earn platform built on the Polygon network, has achieved remarkable success. Certified by CertiK for security, Polywin revolutionizes online entertainment by harmoniously combining cryptocurrency trading and gaming on the Polygon blockchain. With transparent gameplay and instant rewards, Polywin offers captivating 45-second rounds, placing participants in a strategic betting environment where they have the opportunity for substantial earnings.

3. Decentraland

Decentraland is a virtual universe where players can investigate LANDS, make unique artworks or scenes, and trade their computerized resources, like LAND and symbol wearables, through the Decentraland Marketplace on the Ethereum blockchain.

This Decentralized Autonomous Organization (DAO) controlled world allows players to choose and manage how Decentraland works. This blockchain-based game offers two administering digital currency tokens:

  • LAND: A Non-Fungible Token (NFT) that addresses a player’s virtual land.
  • MANA: A cryptographic money utilized inside Decentraland to purchase in-game resources like LAND and virtual items.

As proprietors of this virtual world, Decentraland clients are answerable for its advancement and administration. Players investigate the Decentraland metaverse through their symbol, and clients continually foster this virtual domain. Here, you can buy computerized craftsmanship, exchange resources with different players, and even join the Decentraland University, available with advanced tokens.

Decentraland offers different ways to procure. One can obtain MANA or LAND tokens, plan attire for symbols to sell in the commercial center, or request awards from the Decentraland DAO.

About Decentraland:

  • Decentraland, a real estate metaverse game created by the Decentraland Foundation, launched in January 2020.
  • Currently, the game is accessible exclusively through desktop devices.

Related: Top NFT Development Companies 

4. The Sandbox

The Sandbox, built on the Ethereum blockchain, is more than just a game; it’s a virtual universe where players can explore, acquire, and design their virtual lands. Recognized as one of the leading play-to-earn Top NFT games, it has gained popularity as a preferred platform for virtual events. The Sandbox metaverse has also attracted notable celebrities like Snoop Dogg and Paris Hilton, as well as global brands like Ubisoft, Adidas, and Gucci, who are actively constructing within it.

As a blockchain-based game, The Sandbox offers three distinct products: VoxEdit, The Sandbox Marketplace, and The Sandbox Game Maker. VoxEdit empowers users to create and animate their own 3D objects for the game. The Marketplace serves as a platform for players to publish and sell their digital assets. Lastly, the Game Maker allows users to craft their own 3D games.

To obtain digital real estate known as ASSETS and LANDS, players must use SAND tokens, the native currency of The Sandbox. These tokens can also be utilized to purchase more SAND within the game.

About The Sandbox:

  • The Sandbox, a collaborative project between Arthur Madrid and Sébastien Borget, was initially conceived by Pixowl in 2012.
  • In 2018, the project was revamped, transforming it into a blockchain-based version.

5. Ember Sword

Ember Sword is a fantasy MMORPG that allows you to immerse yourself in epic adventures, possess in-game assets, engage in battles with monsters and other players, and share your experiences with a vibrant community. Operating on a player-centric PvP and PVE model, it grants true ownership of digital assets to its players. This empowers players to influence the game’s ecosystem and have complete control over their actions.

Ember Sword offers an unparalleled level of freedom, allowing you to choose your adventure, explore vast landscapes, interact with the environment, and even make modifications to the digital landscape. Its innovative classless combat system enables you to fuse various abilities and refine your combat skills. Additionally, the AI-Game Master orchestrates unique and dynamic events, providing players with endless challenges and opportunities.

To maximize the play-to-earn potential, Ember Sword has joined forces with OpenSea, enabling players to seamlessly sell their official game NFTs on the OpenSea marketplace. This partnership ensures a secure and transparent platform for players to trade their in-game assets and generate real-world income. By combining captivating gameplay with true ownership and a lucrative Play to earn NFT games, Ember Sword redefines the MMORPG experience and establishes itself as a trailblazer in the gaming industry.

About Ember Sword:

Ember Sword, developed by Bright Star Studios, is yet to be released as the developers work on enhancing the game and establishing true ownership for it. To stay informed about the latest developments, players can engage with the game’s communities on various platforms, including Telegram, Instagram, LinkedIn, Facebook, Medium, Twitch, Discord, Twitter, YouTube, and Reddit. The game is scheduled for initial release on PC (Windows and Mac), accessible either through a browser or as a standalone client. Additionally, the developers are in the process of making the game available on mobile devices, expanding its reach to a broader audience.

6. Forest Knight

Forest Knight, a turn-based strategy game developed for mobile devices, seamlessly merges mobile gaming and blockchain technology to provide players with epic adventures while allowing them to earn NFTs. These NFTs can be transferred to crypto wallets and traded on marketplaces, setting Forest Knight apart from other best nft play to earn games. Uniquely, players can rent out their characters and NFTs to others, and they can mint and withdraw NFTs free of charge at the time of writing.

Furthermore, Forest Knight features a staking mechanism where players can earn interest on their $KNIGHT holdings. These tokens serve as the game’s utility tokens, granting players access to in-game benefits and voting rights to shape the game’s future developments.

The game operates on both PVE and PvP models, enabling players to create team combinations to defeat enemies, collect loot, complete missions, and engage in competitive battles with other players in the Arena.

About Forest Knight:

Forest Knight, an NFT-based game, was created by Chrono Games. While the mobile version is currently limited to Android devices, players can still enjoy the game on their desktops or laptops, providing cross-platform accessibility.

7. Galaxy Fight Club

Galaxy Fight Club stands out as a cross-platform player-versus-player game, enabling players to compete for rewards such as Ethereum (ETH) and non-fungible tokens (NFTs). Notably, this play-to-earn game allows players to utilize various NFT collections to begin playing and earning. This means you can participate in the game with your existing NFTs or play without owning any.

To partake in Galaxy Fight Club, you must possess at least one Galaxy Fighter. This grants you the ability to engage in battles as the character or utilize your own NFT to confront challengers.

The NFT in Gaming employs its in-game utility currency, $GCOIN. Players can use $GCOIN to access loot boxes, train their fighters, and acquire new weapons. Galaxy Fight Club offers multiple avenues for players to earn rewards.

Owners of Galaxy Fighters can earn approximately 5-15 $GCOIN. Additionally, players can win key fragments in deathmatches, triumph in weekly tournaments and claim ETH or its equivalent in $GCOIN, craft weapons and sell them on the marketplace, or rent out their Galaxy Fighters to collect $GCOIN.

About Galaxy Fight Club:

Galaxy Fight Club, a cross-platform game built on the Polygon blockchain and developed with Unity, is available for download on Google Play, the App Store, and PC. This accessibility allows players to engage in the game regardless of their preferred platform.

8. Gods Unchained

Gods Unchained, a free-to-play P2E trading card game, offers players complete ownership of their in-game assets, making it one of the most popular P2E Top NFT games in 2023. Players can collect cards, build their own deck, and trade or sell them to others.

To play and earn in Gods Unchained, players need to have the Gods Unchained Coin ($GODS), which acts as a governance and utility token. $GODS can be used to pitch governance proposals, purchase in-game assets, or acquire expansion packs. There is a limited supply of $GODS, with only 500 million tokens in circulation. Players can earn $GODS, which have real-world value, and transfer and convert them into fiat currency.

Another way to earn in Gods Unchained, aside from staking rewards, is by selling cards. Players can play Gods Unchained with or without a crypto wallet and even without a background in blockchain systems or the Ethereum network. However, a crypto wallet is required to connect to a gaming account to make the most of cards (NFTs) and earn $GODS tokens as rewards.

About Gods Unchained:

Gods Unchained, a game built on the Ethereum platform, was first announced in 2018 by its founders, James and Robbie Ferguson.

Currently, the NFT Games can be played on computers running Windows or Mac, with development underway for Android devices. According to the game’s developers, the plan is to make Gods Unchained available exclusively for Android rather than iOS devices like the iPhone.

There are two reasons behind this decision: firstly, the Android platform allows for sideloading of APK builds, and secondly, while an early iOS build exists, it is not yet part of the Early Alpha access program.

9. Illuvium

Illuvium, a top-tier interoperable blockchain game (IBG) based on the Ethereum network, offers players an immersive open-world experience, an autobattler, and a city builder. Notably, Illuvium provides a free-to-play option for new players, allowing them to explore the game without owning ILV tokens. However, unlocking the full range of features requires joining the paid experience, enabling players to collect NFTs and delve into more regions.

Within the game, players can discover and navigate seven distinct landscapes, including the Illuvium Overworld, Arena, and City. Each universe presents unique in-game experiences, such as capturing over 150 Illuvials, crafting custom teams, and constructing digital industrial complexes.

Similar to other blockchain best nft play to earn games, Illuvium empowers players with true ownership of their in-game assets, allowing them to collect, trade, and sell items within the marketplace. Additionally, players can stake tokens to earn rewards and purchase ILV tokens, which hold utility in governance, liquidity mining, and vault distributions. ILV tokens can be acquired on platforms like Sushi or supported centralized exchanges, such as Binance and KuCoin.

About Illuvium:

Illuvium, co-founded by Kieran and Aaron Warwick in 2020, is currently undergoing a Closed Beta testing phase. While not yet accessible on mobile devices, the developers are actively working on a tailored mobile version. Additionally, a console version is in the works, designed for gaming consoles such as Xbox and PlayStation.

10. Sliks

Silks stands out among the top play-to-earn games due to its innovative gaming experience. This fantasy horse racing game, modeled after real-world horseracing, enables players to breed, purchase, and trade thoroughbreds using the game’s native token, STT.

Silks offers a complex ecosystem comprising diverse in-game assets, including avatars, racehorses, land, stables, and land parcels in the Sky Falls region. The game’s unique feature is that when players purchase a racehorse, they essentially acquire a digital clone of a real-world racehorse. Each NFT Silks racehorse mirrors its real-world counterpart’s bloodline, training progress, and racing results. This means that if the real-world counterpart wins a competition, the same information will be reflected in the digital twin, rewarding players in the game for real-world events.

Silks’ play-to-earn aspect allows players to sell fractional interests in their horses. By doing so, they can earn a percentage of the rewards each time the Silks racehorse’s real-world counterpart wins real-world competitions.

About Silks:

Troy Levy, the CEO of Tropical Racing, a horseracing enterprise, and owner of Circle 8, a racing and breeding company, developed the unique concept of Silks.

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Conclusion

In conclusion, the realm of NFT games is rapidly evolving, with 2025 promising to bring some of the best NFT games to date. Our curated NFT Games list highlights top titles and showcases the growing trend of play-to-earn NFT games. As NFT game development continues to advance, companies like SoluLab are at the forefront, NFT game development Company driving innovation in this exciting space. The integration of non-fungible tokens in games has revolutionized how players engage and earn, making the best play-to-earn crypto games a significant part of the gaming industry. Whether you’re new to the world of NFT games or a seasoned player, the opportunities to explore, play, and earn are more abundant than ever. Dive into the best NFT play-to-earn games and discover how the future of gaming is being reshaped by NFT game development.

FAQs

1. What are the Best NFT Games?

The best NFT games are those that offer immersive gameplay, valuable rewards, and a strong community. These games often incorporate non-fungible tokens (NFTs) to enhance the gaming experience and provide unique digital assets that players can own, trade, and earn from.

2. Which are the best NFT games in 2025?

The best NFT games of 2025 are expected to include a variety of genres and innovative mechanics. These games will leverage advanced NFT game development to offer new ways for players to engage and earn through play-to-earn crypto games.

3. What is the significance of NFTs in games?

NFTs in games allow for the creation of unique, tradable digital assets that players can own. This adds a new layer of value and engagement, as players can earn real-world value through their in-game activities. The integration of NFTs is a key trend in the development of top NFT games.

4. Can you provide an NFT Games list?

Yes, our NFT Games list includes some of the top NFT games available today, ranging from RPGs to strategy games. These games are known for their innovative use of NFTs and play-to-earn mechanics, making them some of the best NFT play-to-earn games on the market.

5. How do play-to-earn NFT games work?

Play-to-earn NFT games reward players with NFTs or cryptocurrency for their in-game activities. This model allows players to earn real-world value while playing, making these games a popular choice for those looking to monetize their gaming time. Some of the best play-to-earn crypto games offer substantial rewards and engaging gameplay.

6. What should I look for in an NFT game development company?

When choosing an NFT game development company, look for one with a strong track record in creating successful NFT games. Companies like SoluLab are known for their expertise in NFT game development, providing innovative solutions that enhance the gaming experience.

Gaming NFTs & How They Are Creating New Value for Video Games

Posted on by Shipra

Gaming NFTs & How They Are Creating New Value for Video Games (1)

NFTs got attention by creating hype and riding the trend wave. Although everybody knows about NFTs, many people imagine NFTs like cryptocurrency’s not-so-smart little brother.

In reality, NFTs have the power to disrupt the world as much as any crypto asset. Unlike bitcoin, where you can exchange almost any bitcoin for another, an NFT is unique and as the acronym states, “non-fungible”.

To put it simply, bitcoin is like the $10 bills in your wallet — you don’t care which bill you have as long as you have it in your pocket. NFTs are like having a Mona Lisa in your house. There’s only one original, and you do care which version you have.

NFTs are finding their practicality in many industries. At Arianee, we take real assets and give them a digital identity, also utilizing NFT technology. And even though we personally haven’t touched the world of gaming yet, imagine if proof of ownership of a physical object could open up unique in-game experiences! You own a collectible, that give you special powerups. You own a particular pair of shoes, well, you can now wear them in-game. But we’ll get to all this later..

Here are some of the leading gaming projects incorporating blockchain technology and NFTs and how they are changing the world of the NFT gaming marketplace.

Axie Infinity

As the pandemic hit the world in 2020, many people found themselves locked inside their homes without jobs.

In the Philippines, people found a way to deal with both issues simultaneously by playing Axie Infinity.

Axie Infinity is your regular trading and battling game. Imagine Pokemon, but add blockchain to the mix. Players can collect, raise, battle, and trade creatures called “axies.”

But while in the Pokemon game, each creature is nothing more but a digital code made to look cute, in Axie Infinity, each monster is also an NFT.

So let’s say you breed a rare axie that’s one of its kind. It isn’t Mona Lisa, but you can still fetch a reasonable price for the NFT. Considering the “Genesis” virtual land in Axie Infinity got sold for $1.5 million, the fire-spitting monster you own might be worth something in the future.

Finally, in the little economy of Axie Infinity, you can battle your NFT monsters and earn Small Love Potions (SLP). SLP are necessary to breed your axies and is a fungible token you can trade on any exchange where the token is available.

Decentraland

Instead of a specific game, Decentraland is an entire virtual world where players can do whatever they want. Like Minecraft, players can purchase real estate parcels, build houses, create items, and even clothes.

Naturally, everything in the game can be an NFT. Maybe you own a piece of land on the top of an active volcano, or you have a rare art piece hanging in your virtual home. You can auction and sell it to the highest bidder. Remember we mentioned bridging physical ownership of goods to the digital world? Well, Decentraland would be a perfect example of a platform that could support “digital-twin” wearables. You just bought a limited edition designer watch? Now you can wear it in the game.

Furthermore, Decentraland has its native cryptocurrency called MANA. Besides using it to buy items inside the game, players can use MANA to vote for changes in the game. Meaning, instead of being mere players, people can participate in how the world develops.

Decentraland is like an open-source, decentralized virtual world. Decentraland plans to allow players to create their games inside the world, form virtual communities, and even advertise.

For that to happen, Decentraland needs attention. The same goes for NFTs. It can be silly to think how a pixeled shirt can hit a 5-digit dollar value. But with enough eyes on it, anything can happen, and Decentraland is heading in the right direction.

The Sandbox

Like Decentraland, The Sandbox is a virtual world where players can build NFTs, buy and sell their NFTs, and create various gaming experiences for other players.

You can create unique and scarce NFTs on every step and have genuine ownership of a one-of-a-kind item.

The engine allows everybody to animate and design 3D objects such as people, animals, and countless other items. On top of that, players can use their NFTs and develop their 3D games inside the Sandbox metaverse.

This allows the players to sell their NFTs on the marketplace and advertise their games and earn additional income through the game’s popularity.

If you’re still not convinced, keep in mind that Sandbox has partnerships with some well-known names such as DeadMau5, Hell’s Kitchen, and Atari. They are also another player in the space that is bridging digital and physical worlds.

Read more: 9 Strategies You Can Use to Promote NFT Games

Cometh

Cometh goes back to old-school space games and takes them to a whole new level. You create or buy a spaceship (you guessed it, the spaceship is an NFT) and go on an adventure throughout the universe.

As you explore the space, you’ll stumble upon comets that you can mine for tokens. The stronger the ship, the faster you can mine. After you finish gathering resources, you can either trade them or use them to improve your ship and add more value.

Players are selling their ship NFTs on popular markets such as OpenSea. The most expensive spacecraft so far is Sunriser and it goes for 32.235 ETH.

Gods Unchained

For people who’re into card-trading games such as Hearthstone and Magic: The Gathering, they will be glad to know that there’s a similar game, but with NFTs.

Like Axie Infinity, Gods Unchained prides itself on the “game that pays you to play” slogan. But unlike Axie Infinity, Gods Unchained is a card-trading game where you collect cards, create decks and take part in strategical 1-on-1 battles.

In every card-trading game, some cards are more valuable than others. If we go back to physical trading card games such as the initial Magic: The Gathering, cards like Black Lotus (Beta) from 1993 can fetch a price of $42,000.

Naturally, this wasn’t possible with video game cards because how could you prove the origin and rarity of a Black Lotus card designed and created in 1993? NFTs provide precisely that type of verification.

Every card in Gods Unchained is an NFT you can collect, exchange, or sell. Give the card a couple of years, and maybe you’ll be the owner of a digital card that’s as rare as Black Lotus.

Strawberry.wtf

Strawberry.wtf is a small but remarkable project that builds on early ’90s gaming nostalgia. It’s similar to big NFT avatars projects such as CryptoPunks and the Bored Ape Yacht Club, but with the gaming aspect added to it.

Although not available yet, you’ll be able to play simple 2D platforming games with gorgeous pixelated art that are reminiscent of the ’90s Gameboy games. And after 100% of sales on the platform, limited physical Gameboy and game cartridges will be released.

Besides exchanging and selling NFTs, players can also alter the games and provide a unique touch. Strawberry.wtf is a community project mixed with video games that can make a significant change in the world of gaming nostalgia with the right community.

Final Note

The gaming industry has been evolving rapidly in the last 30 years — from pixelated sprites to immersive graphics and gameplay. But up to now, games were nothing more than entertainment (unless we’re speaking of pro players).

It seems that video games, NFTs, and blockchain technology go hand-in-hand. About the same group of people interested in video games also have a knack for crypto and NFTs. With technology being gamified and now games being augmented technologically, the possibilities are endless. We’re personally interested to see how we can bring what we’re working on with our current clients to the gaming industry, and might even have a few pilot projects in the works.

Although there are many hurdles to overcome, mainly finding the balance between fun gameplay and earning money, gaming and NFTs will evolve in the upcoming years. The fuse has been lit. All that is left is for game and blockchain developers to show NFT gaming’s true potential.

Blog Credits: Medium

 

What is a Blockchain Gaming Ecosystem?

Posted on by Shipra

What is a Blockchain Gaming Ecosystem?

Blockchain games, also known as crypto or NFT games, are those video games that contain elements based on blockchain technology. Blockchain games provide players with true ownership of in-game assets. In other words, unlike centralized games, assets (like skins, and in-game currency/points) in blockchain games can be traded for cryptocurrencies, which can further be converted into fiat money (real money that we use in our day-to-day lives). As you would have guessed, this opens up the possibility of video games becoming a second source of income for gamers. Prior to blockchain gaming, only gifted professional players or video game content creators were able to monetize their playtime. It might come as a surprise to a lot of people that blockchain technology was first conceptualized way back in 1991 by scientists, Stuart Haber and W. Scott Stornetta. However, even they would not have predicted that their technology would be reshaped by Satoshi Nakamoto to trigger a DeFi revolution, let alone monetize a leisurely activity such as gaming.

The blockchain gaming industry is expanding rapidly. According to Pitchbook data, the world saw a 280% rise in blockchain investment from 2017 to 2018. In 2019, Tron, a blockchain company, invested USD $100 million into their own blockchain gaming fund. In the same year, Ripple teamed up with Forte, a blockchain gaming company, to fund a USD $100 million project aimed at fusing blockchain and gaming. According to trends in investment data, it’s clear that quite a few big players in the blockchain game consider blockchain gaming to be the next big thing.

So… What’s the Big Deal?

Almost every centralized game features in-game assets that have to be earned by putting in a lot of hours into it. Yet, these coveted assets often do not have any real value outside of that particular game. Of course, there are underground markets for trading accounts for real currency on the internet. However, these markets are unofficial and not supported by the developers. Blockchain games, on the other hand, encourage gamers to make money off of their in-game skills. Do gamers make up? the global population. According to TechJury, the gaming industry would be worth well over $256 billion by 2025. With rapid technological developments such as VR and AR, the gaming experience is becoming almost indistinguishable from reality. The point is that gaming in itself is a lucrative activity. Adding the possibility of owning assets that are valuable in the real world only makes it more popular. That is exactly why a lot of studios are publishing blockchain games left and right. From industry giants such as Animoca Brands to Sky Mavis, a lot of players have claimed the blockchain gaming industry to be the future of video games.

Some Popular Blockchain Games

Here are some of the most popular blockchain games of 2022 that work on a play-to-earn model:

Silks

Silks is one of the best NFT P2E games of 2022. It’s a game about horse racing. A player can own a digital racehorse in Silk’s unique metaverse. This digital horse would itself be a tradeable NFT (Non-fungible token). Moreover, this game further blurs the line between the real world and its own metaverse, as the racehorses are based on real racehorses. If your twin horse wins a race in real life, you earn STT, which is the native token (cryptocurrency) of this game. You can use this cryptocurrency to buy in-game land, stables, and wager on races.

Cryptopop

One only needs three words to describe this game – Blockchain Candy Crush. Instead of gems and diamonds, however, this game uses symbols for various cryptocurrencies. If you get 10 points in a game, you earn 1 cryptopop. This P2E game is very popular due to its sheer simplicity. It’s recommended to anyone who’s new to P2E games. With Cryptopop, you can earn fairly large amounts of cryptocurrency quite easily.

Cryptokitties

This cute little NFT game allows players to own, breed, and sell virtual cats. This game is one of the most reputable open-source blockchains – Ethereum. You can use ETH tokens to make in-game purchases. So, if you’re a cat person, this is one P2E blockchain game that you must try!

Axie Infiniti

To play Axie Infiniti, you must buy three characters, also known as Axies. Your Axies, then, have to battle other players’ Axies in the Axie metaverse. Like in most blockchain games, all assets in Axie Infiniti are non-fungible tokens. Produced by the legendary studio, Sky Mavis, Axie Infiniti has taken the blockchain gaming world by storm.

Read also: 8 Best NFT Games You Should Check Out in 2022

These games are just the tip of the iceberg. There are a lot of other amazing P2E games on the market such as Gods Unchained, Splinterland, Alien Worlds, etc.

Turning Blockchain Gaming up a Notch

Now we get to the crux of the matter. We’ve established the fact that one can easily earn real money by investing time in P2E blockchain games. What, then, is a blockchain gaming ecosystem? Most crypto games are not a part of any blockchain ecosystem that is complete in itself. In other words, players who are able to make money with their skills in crypto games have to face a lot of hurdles to convert their winnings into fiat. These hurdles often result in the accumulation of high fees, as an individual has to deal with a lot of middlemen. A blockchain gaming ecosystem is a platform that features multiple games, native tokens, a marketplace to trade NFTs, a wallet, and NFT creation capability. It enhances the trading experience and integrates it with gaming. Such a comprehensive ecosystem eliminates all the middlemen. In fact, eliminating middlemen is the very basis of blockchain technology. OneTo11, the world’s first such comprehensive blockchain-based gaming ecosystem is exactly that.

Conclusive Remarks

The future of blockchain gaming is closely tied to the metaverse and multiverse. According to Jonathan Sterling, it is highly possible that the lines between various game universes may blur. The concept of Metaverse is already here. Sterling has termed it “a second life experience”, where an individual can exist through the avatar that they create. It would be a sort of the second world where a person can do whatever they want. What’s interesting is that the lines between various games can also become blurred. The implication of this is that in-game assets could be transferred from one game to another. The technical term for this phenomenon is Interoperability. Thus, if you ever get bored of one game, the assets you’ve earned in it will not go to waste.

Decentralization is the future, and the gaming industry will not remain untouched by it. In fact, research has shown that gamers tend to have a more positive outlook toward cryptocurrency than non-gamers. This could be due to their proximity to tech, and their ability to understand how cryptocurrencies actually work and what they promise.

Blog Credits: The Times of India

NFTs in Gaming: A Deep Dive

Posted on by Shipra

NFTs in Gaming: A Deep Dive

Why do NFTs in games matter?

NFTs are essential to many of the most successful blockchain games of the past twelve months. Axie Infinity, Crabada, Cryptoraiders, and DeFi Kingdoms, to name a few, all rely on the use of NFT technology to function. At the peak of their valuations, the combined market cap of just these four games would be roughly $12B. This is impressive for a group of projects that have only existed in their current form for a maximum of one year, especially when comparing these valuations to legacy game developers’ ones. The total market capitalization for Ubisoft at writing is $7.2B, Corsair is $1.8B, and Atari is $110M.

It seems as though NFTs should be a natural fit. Gamers are already well versed in the core concepts of blockchain gaming: complex in-game economies, bartering and trade of virtual items, and the use of virtual currencies to acquire said items. Despite this latent understanding of the fundamentals of blockchain gaming, integration of NFTs into the business model of legacy game developers is not popular with the traditional gaming community. This lack of popularity doesn’t make sense to those in the blockchain and NFT gaming community. However, when you consider how legacy developers are suggesting NFTs be integrated into the gaming experience, the reasons for this resistance become crystal clear.

Grounded fears

Legacy developers are being seen to view NFTs as nothing more than another potential revenue stream, extracting even more value from their already disgruntled player base. Microtransactions and pay-to-unlock games have become the prevailing model in today’s gaming industry. It’s understandable, then, why gamers are resistant to implementing a technology that does nothing more than further entrench existing predatory practices.

Ubisoft Quartz is an excellent example of gamers’ fears realized. Critics quickly stated that the NFTs add nothing of value to the experience while simultaneously draining precious resources. Scalpers were also quick to buy up all of the Ghost Recon NFTs available at the launch of Quartz, relisting them with prices ranging from $634 to $423,000.

Couple these fears with growing environmental concerns around using Proof-of-Work blockchains as the backbone for much of the NFT movement, and it becomes easy to empathize with traditional gamers.

Web2 vs. Web3

At their core, these discussions around how NFTs can be implemented into games are a microcosm. They are representative of the coming battle between incumbent centralized entities and the decentralized future, or, Web2 vs. Web3. The core difference between Web2 and Web3 is in the distribution of benefits. Web2 entities centralize the benefits and extract value from the user, whereas Web3 entities distribute the benefits and empower the community.

The gaming world is going to look very different in the coming years. The concerns of traditional gamers are real and valid, and more has to be done to address them. It is the responsibility of the Web3 community to do this, and if that means encouraging gamers to move away from legacy platforms, then so be it.

Read also: How Metaverse Could be a Game Changer for NFT Gaming

Blockchain games are evolving in their complexity and appeal at lightning speed, and it won’t be long before legacy developers are seriously challenged. Platforms that make it easy for developers to build quality games first while leveraging the transformative power of blockchain technology, play-to-earn, and community-empowering NFTs will change everything. Web3 is coming, and legacy developers would do well to understand how and why this will happen.

By gamers, for gamers

NFTs have captured the world’s attention and brought the importance of community back to the forefront of the cultural zeitgeist. Cryptopunks and BAYC have shown that an engaged community can achieve far more in a short space of time than any Web2 company ever could. Blockchain games are evolving rapidly, delivering more value to gamers than Web2 business models would ever allow for.

Web3 is all about providing the community with the tools it needs to help its members grow into the best versions of themselves. This is something that GuildFi resonates with. Everything we do is to empower the gamer. For this very reason, GuildFi is a community-driven platform above anything and everything else. In the following few articles, we’ll be exploring how we as a platform believe Web3 technologies can be used to add to a gamer’s experience instead of monetizing it.

GuildFi is and always will be by gamers and gamers.

Blog Credits: Medium 

How Metaverse Could be a Game Changer for NFT Gaming

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How Metaverse Could be a Game Changer for NFT Gaming

While most industries suffered a major setback due to the pandemic, the gaming industry was on the opposite side of the spectrum. There was a surge in the number of gamers as gaming was seen as a good way to relieve stress and kill time during the lockdown. The online gaming industry clocked in a revenue of an estimated $21.1 billion in 2020 globally. When compared to the previous year, it accounted for an unprecedented 21.9 per cent surge. As opposed to traditional gaming, which offered limited engagement to gamers, technological innovations have heralded a new era in the gaming world. From metaverse, NFT gaming, AI and virtual world interaction to cloud gaming and VR, you name it, you get it.

NFT game development for the metaverse has become the talk of the town these days because it has a lot to offer to the modern-day gamers, developers and industry players. The games built on this technology boast a better gaming experience and are more entertaining.

Metaverse and NFT gaming

If we visualise the future of NFT game development for the metaverse, there’s certainly no end. NFTs serve as a depiction of in-game virtual goods or items that may be purchased or sold in the real world. As a result, this creates an altogether new market for developers and gamers. Additionally, users could access their chosen blockchain gaming platforms and play games there using NFTs from the metaverse. The cherry on the cake is that players can integrate their in-game awards into the metaverse and spend them however they see fit.

Impact of NFT metaverse on future gaming

One way that NFTs have altered the gaming business is the possibility of playing to earn. Players that hold NFTs get access to a variety of gaming products and exclusive in-game content. Play-to-earn NFT games are not new to the market; the only difference is that the availability of blockchain technology and the ability to use metaverse tokens for various uses have increased trading volume. Additionally, the metaverse has improved the interaction among gamers by providing them with real-world gaming experiences. It is safe to state that NFTs and the metaverse cover the whole online gaming landscape.

Read aslo: How NFT Gaming Will Revolutionise The Indian Gaming Industry

Apart from that, NFT and Metaverse in the gaming paradigm are used to identify each player’s unique identity. To enter and navigate the metaverse, NFTs serve as access tokens. This method encourages NFT gaming, which is improved by blockchain gaming.

Road Ahead

The gaming industry has come a long way from limited player involvement to real-world gaming experience with increased interaction. NFT game development for the metaverse has gained attention since the games based on this technology are more thrilling and captivating. It is harmless to assume that NFTs and the metaverse cover the entire digital landscape of gaming ventures. And if we see the future of metaverse and NFT gaming, the sky’s the limit.

Blog Credits: Financial Express

How NFT Gaming Will Revolutionise The Indian Gaming Industry

Posted on by Shipra

 

How NFT Gaming Will Revolutionise The Indian Gaming Industry

The introduction of Web 3.0, or simply Web3, is expected to have a significant impact on how we use the internet. One such arena yielding most of the features and uses of Web3 is gaming. 

The goal is to blur the line between the virtual and real worlds by creating new opportunities for both creators and users in the gaming industry. 

Web3, NFT, And Gaming

Web3 is reshaping the gaming environment, bringing new and creative methods to play that incorporate blockchains, cryptocurrencies, and non-fungible tokens (NFTs). It is democratizing many different aspects of nft gaming and giving gamers an aspect of success in the domain.

It’s essentially a situation in which players can earn by investing in and dealing with digital assets. As creators profit by creating valuable digital assets and monetizing them through the transfer of ownership, the age-old gaming traditions are being swept away.

It’s a paradigm that gives players so much power, and instead of concentrating that power in a single game, it can be carried across multiple games across the ecosystem.

NFTs are the new face of Web3 gaming, and their popularity has skyrocketed in recent months. This is due to the fact that they offer something that previous gaming models did not: the ability to own virtually any type of unique in-game asset or object. With these new Web3 prospects, gamers will discover an ecosystem tailored to them rather than just big tech. Thanks to the ecosystem’s promise of digital asset ownership and interoperability, there is a slew of new ways to make money and win.

Read more: ​What is NFT in Gaming? The Blockchain Crypto Game Market

There is no data tracking or selling to third parties in Web3 games, and all data is kept private and anonymous. As blockchains eliminate double-spending, there are no fraudulent payments, as there are in traditional credit and debit payment systems. In this way, the transactions in the gaming platforms are secured. Web3 games have low development fees, and end users are given tokens or NFTs to allow them to grow their holdings and vote on the game’s future governance.

What Do The Statistics Mean?

When researchers put the results into context, the statistics are startling. In 2021, gaming accounted for 49% of all blockchain usage. More than 1.4 Mn active wallets were connected to blockchain-based games on a year-on-year basis, making it the most popular category. In a similar vein, Web3 games attracted 1.22 Mn unique active wallets, accounting for 52% of blockchain activity in the first six months of 2022. It is also worth noting that the player base of blockchain-based games is constantly growing. 

According to a DappRadar and Blockchain Game Alliance report from Q1 2022, the blockchain-based gaming industry has grown by 2000% in the last year. Surprisingly, $2.5 Bn in investments in the blockchain gaming space were made in the first quarter of 2022, compared to a total of $4 Bn raised for the sector in 2021. This indicates the scale of investment that Web3 games are aiming for and how NFTs are assisting the transition from what will seem a thing of a bygone era.

Impact Of NFTs On The Growth Of Web3 Games

NFTs are accelerating the growth of Web3 games in unprecedented ways. Many of its proposed benefits have yet to be realized, and it also requires an understanding of how to put it into practice. As the world gradually moves toward Web3, the development of web games is assisting the transition. 

While Web3 is still in its early stages, more and more Web3 decentralized applications (Dapps) and games are being developed on a daily basis and are gaining immense popularity among its users. The ability of blockchains and NFTs to allow actual ownership and interoperability in gaming opens up several possibilities for Web3 metaverse participants.

Read also: NFT Games: A Quick Guide for Beginners

There’s still a lot of work to be done to figure out how Web3-based games will change the industry. To address this, industry players must collaborate to create a world in which players may invest in digital assets at reasonable prices and build them through their own active engagement in games. 

In the near future, new blockchain-based games will feature the powerful support of blockchain to ensure security and transparency, as well as more fluid participation of NFTs.

Blog Credits: Inc42

Can phygital NFTs bridge the gap between Web2 and Web3?

Posted on by Shipra

 

                                       Credits: Azuki Golden Skateboard

With NFTs, the concept of phygital presents endless opportunities to the space. By definition, phygital bridges the gap between the physical world and the digital one.

It focuses on giving users a hybrid experience in terms of user interface and experience. Currently, this idea mainly exists for the fashion and luxury goods industry as it is easier for companies to link their digital offerings to that physically. Furthermore, Morgan Stanley predicts that the metaverse could bring the fashion and luxury goods industry an additional 50 billion dollars in sales by 2030.

Having physical goods linked to the digital world extends the utility of either physical or digital ownership. This is a great way for the community to feel that they are able to represent the project on both channels. In addition, it can also help to securitize the underlying physical goods by having ownership registered on the blockchain. A couple of NFT projects are at the forefront of venturing into the phygital realms with their unique proposition.

You can also read : An Ultimate Guide To NFT Gaming Development

NFT projects venturing into phygital

Azuki

Azuki launched a Proof of Skate (POS) initiative with the bidding of their golden skateboards for each of the top 8 bidders. They aim to bridge the gap between web2 and web 3 by introducing Physical Backed Tokens (PBT):

“The PBT standard is a solution which enables decentralized authentication and tracking of the full ownership lineage of physical items, all completely-chain and without a centralized server. This introduces trustless authentication. No entity has singular rights to authenticate or verify ownership of items — everyone is free to authenticate, verify, and build experiences on top of this technology.”

This was a huge success as the highest bid was 309 ETH and the total revenue of $2.5m. Each golden skateboard comes with a unique emblem with significance from Azuki lore, and also holders get to be enshrined in the Ruins world drop as part of Azuki mythology. The token pushes the boundary between physical ownership and trustless authentication. It is now easier for anyone to view the entire ownership of the skateboard since it is able to keep track of who has owned the item in the past, which is useful for the fine art world of establishing its provenance.

RTFKT

CloneX SZN 1 launched a Forging Mechanic for their existing NFT holders to redeem exclusive physical items from their NFTs collectibles such as fashion items (sneakers, hats, jackets, etc). What differentiates how RTFKT launch its phygital experience is the introduction of Near Field Communication:

“All forgeable items with the exception of Socks and Caps are equipped with NFC tags, allowing owners to link their physical to their NFT. This allows for new possibilities and unlocks in the future such as new items to mint or token-gated physical events.”

The launch of the Forging event is a huge success and the project was able to generate a revenue of $11.34m, with the top three fashion items being T-shirts (36%), Shoes (23.6%), and caps (12.9%). RTFKT launched its physical fashion items successfully because of Nike’s manufacturing expertise; this is an example of how existing fashion brands can tap into Web3 audiences through NFTs.

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Cult & Rain

Cult & Rain was created as a phygital Web3 fashion brand co-founded by fashion creative director George Yang. This project aims to create both physical and digital wearables such as luxury sneakers and varsity jackets paired with NFTs. With connections to the factory that produces for both LVMH and Kering, the corresponding physical product will be produced in Italy after the claiming of the NFTs is done.

Having a direct-to-consumer model avoids overproduction, which is a main issue for the traditional fashion industry. The digital asset sold as an NFT allows holders to experience the utility of its matching physical luxury product ensuring that they are of good quality.

How to have a successful Phygital plan?

With various projects having their phygital experience included for their community, how can projects measure success to ensure that phygital fit into the long-term of the brand instead of it being a once-off marketing tactic? Personally, I feel that there are a couple of key considerations:

  • An innovative bridge between physical and digital — It is not enough to just allow holders to claim merchandise physically just by holding the NFT. People are expecting more, especially with the foundation of blockchain in NFTs, and projects are pushed to think of ways to stand out. A great example is Azuki, where they introduced the PBT concept to the idea of being able to pass on ownership easily without someone having to verify the physical item.
  • Physical to resonate with the brand — Projects also need to bear in mind that the physical item needs to resonate with the brand and its vision. RTFKT does it well because they are acquired by Nike, which is known for its merchandise like shoes, shirts, and caps thus reinforcing to their holders that they are able to deliver on that end.
  • Physical to be part of the long-term roadmap — Using phygital as a marketing tactic works great as it is the buzzword in the NFT space. However, for a project to truly embrace the concept, it needs to be part of the roadmap where holders can get consistent utility from holding the physical despite already having the digital aspect.

It is great that projects are slowly starting to steer away from the typical merchandise launch and embracing the phygital concept. More web2 people will be willing to move towards web3 if they are able to see the value and tangible perks of owning the NFTs. How can projects incorporate phygital into their business model and continue bridging the gap between web2 and web3? A lot of trial and error is probably needed since we are early in this space.

Credit : Medium

 

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