nft games marketplace Archives | Page 2 of 2 | Blockchain Technology, Mobility, AI and IoT Development Company USA, Canada

How NFT Gaming Will Revolutionise The Indian Gaming Industry

Posted on November 2, 2022December 18, 2025 by Shipra

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.

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.

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

NFT Games: A Quick Guide for Beginners

Posted on November 1, 2022December 18, 2025 by Shipra

NFT games are the intersection of gaming, blockchain, and finance. It’s not like other video games; it’s a game powered by blockchain technology. And you can earn a nice paycheck just by sitting in front of your computer and playing for a few hours.

The money involved is not insignificant. In 2021, Nonfungible.com, one of the largest NFT data resources, reported that NFT game sales hit $5.17 billion. There are also rumors that gamers can earn as much as $100 a day, prompting some to quit their jobs and focus on playing.

So how do NFT games generate money? And where does the money come from?

What are NFT Games?

An NFT gaming is an online game that incorporates NFTs into its game rules and mechanisms. NFTs (short for non-fungible tokens) is a unique, digital token that exists on a blockchain. You can sell and trade NFTs, but you can’t replicate them. NFTs can be digital files like artwork, images, videos, and even music.

In NFT games, the NFTs could exist in different ways. Your avatar or character could be an NFT. The weapons, cards, trinkets, or even costumes you collected and earned could be NFTs. In ordinary video games, these items are only useful within the game itself. But in NFT gaming, these assets have real-world value.

These NFTs are locked in smart contracts (self-executing contracts run by code), which determine how the NFTs will function in the gameplay. NFTs are also tamper-proof, and since they’re non-fungible, every player has iron-clad ownership over their game assets. Just like ordinary NFTs, the value of the NFTs in the games depends on rarity, their use in the game, and the willingness of people to pay for them.

How do NFT Games Work?

There are two main types of NFT games based on the earning model: play-to-earn and in-game NFTs. Many NFT games offer a combination of both.

In-Game NFTs

In-game NFTs are the traditional approach to earning money in NFT gaming. Throughout the game, players win NFTs as collectible items, which they will then sell to or trade with other players. In some games, players complete objectives to earn NFT rewards.

Read also: In-Game NFTs You Should Know About

While it’s fun to collect NFTs, this type of model doesn’t guarantee a steady income because landing valuable NFTs is a matter of luck.

Play-to-Earn NFT Games

Play-to-earn (P2E) games are a newer business model, which became more popular than their in-game counterpart. In a P2E game, the player is rewarded with NFTs as they play the game. This means that the longer they play, the more assets they collect, and the more they earn.

There isn’t a need to win big in the game. Players could get NFTs just by breeding new characters or trading cards. P2E became the standard in crypto-gaming due to consistent earnings.

How Game Developers Earn

The developers earn by charging players when they enter the game or taking a percentage of the NFTs sold or bought in the game. Most NFT games require an upfront payment to start playing or to progress to the next level. Companies also earn from in-game purchases of loot boxes or prize crates, which may contain items for the game.

Most Popular NFT Games

If you’re ready to dip your toes into NFT gaming, here are games you should check out:

1. Axie Infinity

Players collect or breed monster characters called Axies, which are NFT-based digital pets. As an NFT, each Axie is unique and distinguishable, and its value is based on the rarity of its traits.

2. Splinterlands

It’s a card-based strategy game with NFT cards. Players can also sell their cards for the native DEC currency and convert them to fiat money.

3. Gods Unchained

Like Splinterlands, Gods Unchained is also a strategy card game with NFT cards. Players could also sell their cards in the game for the native GODS currency, which can be converted to fiat money.

With every passing year, NFT games are one step closer to becoming mainstream, and more players choose to earn their living through playing. With the combined appeal of entertainment and money, joining the NFT game craze is an easy choice for many.

Blog Credits: Medium

In-Game NFTs You Should Know About

Posted on October 31, 2022December 18, 2025 by Shipra

Revolutionizing the gaming industry, in-game NFTs are growing in popularity since their introduction in late 2021 and it’s not showing any signs of slowing down anytime soon.

Traditionally, gamers put thousands of dollars into games to get cosmetic items and add-ons. However, these items have no way to be resold on an open market and have no real benefit other than visual and potential in-game advantages.

With that said, most blockchain games have some form of gaming NFT marketplace and crypto token integration. Instead of a pay-to-consume experience, players are given ownership over their in-game items through a play-to-earn format. Keep on reading to discover some blockchain games with in-game NFTs that you can easily play with your friends over video calls and still feel connected, even from afar.

1. Mobile Legends

One of the world’s most popular multiplayer mobile games with over 100 million monthly active players, Mobile Legends: Bang Bang (MLBB) is a mobile Multiplayer Online Battle Arena (MOBA) game that brings players together through teamwork and strategy.

While MLBB is not a crypto game, it’s a mobile game venturing into the world of NFTs with their first-ever NFT collection – The Aspirants Mystery Box. Players can acquire MLBB NFTs through the Binance NFT The Aspirants Mystery Box launched on January 19, 2022. The collection features Layla and Fanny, two popular female heroes in MLBB, and will offer 12 unique mystery boxes with 4 different grades, each containing a digital figure and exclusive animations of the characters.

2. TheTan Arena

A free-to-play blockchain-based MOBA and BattleRoyale e-sport NFT game, TheTan Arena is all about combining individual skills and team coordination.

TheTan Arena provides pretty simple gameplay— take down your enemies as fast as possible, and earn as many points as you can. The team earning the most points wins, and the player getting the most points for the team is awarded the MVP of that game.

To get started in the game, players can acquire a wide array of in-game TheTan Arena assets from Binance NFT’s secondary market, including the TheTan Genesis Mystery Box.

3. Summoners Arena

Built on BNB Chain (former BSC), Summoners Arena is a blockchain MMORPG that combines DeFi and NFT, focusing on an economy-driven format. The perfect game for the current blockchain and crypto boom, players are required to strategically plan their resources, items, characters, and formation to maximize their gains.

In the game, each Hero is represented as an NFT and ranked based on their Rarity and Tier. Players can upgrade their Hero with different body parts that are ranked from 1 to 10 on rarity. With that said, the more you upgrade your Hero with higher rarity body parts, the greater your stat enhancement.

4. Syn City

The first mafia metaverse game built for the blockchain, Syn City brings the mafia and syndicate-style gameplay on-chain. Syn City lets players loot, fight, build and ultimately lead a booming criminal enterprise, reaping the rewards of their virtual life of crime through the game’s play-to-earn gameplay in the Syn City Metaverse.

On top of joining daily events, including player vs. environment, player vs. player, and syndicate-based contests like cross-chain tournaments, players can acquire limited-edition Blueprint NFTs, which are in-game assets that provide incentives and perks within the SYN CITY ecosystem.

5. Dark Frontiers

An MMORPG game governed by a Gamestarter built DAO, Dark Frontiers lets players explore a multiplayer environment with other players and friends. Providing straightforward yet engaging gameplay that combines free-to-play and play-to-earn models, Dark Frontiers promotes NFT usability through staking, item ownership, and the creation of real-world value via in-game items. Players can purchase Dark Frontiers’ in-game assets on the Binance NFT Marketplace.

To embark on the Dark Frontiers journey, players have to pilot their own spaceship to explore new planets, defeat oppositions, form guilds, and capture new unique NFTs that can either be built on or sold on the open markets. More importantly, the spacesuits are the most important NFTs in the entire game universe. Not only do they provide players with their primary survival, but they can also provide players with unique opportunities to mint minerals and create new suits that they can resell on the marketplace.

The Future Of In-Game NFTs

Previously an obscure virtual asset known only to tech geeks, games with in-game NFT components are on their way to the mainstream as video and mobile game companies are getting on the NFT train.

With popular games such as Mobile Legends dipping their toes into NFTs and games like Axie Infinity integrating into the metaverse, NFTs have definitely disrupted the industry with their unique benefits. The vast use case of in-game NFTs allows players to use them as characters, commodities, special abilities, and tradable objects in games and more importantly allows players to generate additional income.

Blog Credits: Binance

Blockchain

AI & ML

Generative AI

Software Development

IOT

Token