WHAT IS NFT GAME? TOP 5 FREE AND MOST POPULAR NFT GAMES
NFT is an abbreviation for Non-fungible token, a unit of data on a blockchain digital ledger. In other words, it is a blockchain-based digital asset. In 2017, the NFT gaming craze emerged globally, creating a great attraction in the gaming community. So what is the NFT game? Why are they so popular in the gaming industry? And what are the most popular free NFT games? Let’s discover this NFT game genre with Snail House in the article below.
What Is The NFT Game?
NFT games are video games that are built and developed on the blockchain platform. Players can find gifts in the form of NFT when participating. In particular, the item in the NFT game is likely to be converted into cash through NFT exchanges with high value.
Depending on the type of NFT game, after playing, players will receive cryptocurrency or NFT and earn money by selling them. The more items and currency gamers own in the game, the more cash can be exchanged. According to some statistics, the average Axie Infinity player can earn 30 million to 40 million VND per month. This must be a number that many gamers dream of.
Unlike traditional games, the player’s items will stay in the account. But for blockchain-based games, players have the right to master their currencies and items. Also, players can send, donate or sell to anyone without having to give their entire account like in traditional games.
There have been many cases of gamers selling virtual land lots on Decentraland and earning thousands of dollars. Moreover, in the F1 Delta Time game, players can purchase racetracks in the form of Blockchain, at which profits will be received from entrance tickets or purchased races. It is interesting that NFT games on the Blockchain platform are similar to a real-life business, albeit virtual but with real money.
Why Is The NFT Game So HOT?
The first reason is due to the development of cryptocurrencies and Blockchain technology: This is a cutting-edge development that breaks numerous records in the cryptocurrency market, attracting a great deal of attention to the NFT games with the economy using cryptocurrencies, virtual currencies, or tokens.
The second reason is due to the money-making while playing entertaining games: There is nothing better than being able to make money with our passion for gaming, right?
The last one is the high profits that NFT games bring: Game NFT is a new environment that attracts smart investors with many high-value transactions that gain a lot of attention from the media. According to Coindesk, the total amount of money that gamers spent on NFT in 2021 is expected to exceed 12.6 billion USD. This figure has turned NFT into a “fertile ground” for investors.
The prolonged Covid pandemic has caused many people to spend a lot of time working from home or even being unemployed around the world looking for ways to make money online and choosing it for making extra income.
Top 5 Free And Most Popular NFT Games
Recently, the NFT gaming craze has been high fever all over the world. There is no denying its growing popularity and profitability. Let’s have a look at the following top 5 NFT games.
Axie Infinity
First of all, Axie Infinity, the product of startup Sky Mavis and Vietnamese founder and CEO Nguyen Thanh Trung, has a market capitalization of more than $2.5 billion. This is a blockchain-based game, launched in early 2018. that allows players to fight, collect, enhance and build their own kingdoms.
To begin, you must purchase three Axie to form your battle squad. It means that new players must spend at least $500 USD to get started. However, Axes with strong power will be more expensive. Instead of just looking at the cost, buying Axies should be your long-term investment because you can own those NFTs and gain a big profit depending on how hard you play the game.
However, recognizing that problem, Axie Infinity: Origin was born to give players the “started” Axie for free. When participating in PvE mode, players will receive additional “started” Axie, which they can use to join PvP.
Within three years, Axie Infinity has become one of the hottest NFT games in the global gaming market. It is considered the leader in bringing the NFT series to players all over the world.
Decentraland
First released in 2017, Decentraland is the first virtual world game to adopt Ethereum blockchain technology. Players can create characters, buy cars, participate in events, build houses, and many other things like a micro-society.
When it comes to Decentraland, players do not need to spend money because this game is built on the web platform and is free to all participants. To begin exploring Decentraland, simply go to https://play.decentraland.org/ and select “Play as a Guest.”
The Sandbox
This is a game project that will be put into operation by the end of 2020. Like Decentraland, this is a virtual world game built using Ethereum blockchain platform technology.
Players are completely free to play and are not under the control of any game operator. In addition, everyone can collect in-game currency while playing and be able to use them to buy, sell and trade.
My Defi Pet
My Defi Pet is a combination of the traditional game and the decentralized financial system. Collections or items are personalized in the form of NFT, which is based on Blockchain technology and developed according to the Play-to-Earn Business Model. The pets will be called Monsters.
In the game, you have the task of nursing, feeding, growing plants to provide food and breeding for these pets. However, similar to Axie Infinity, new players must spend money to purchase items as well as pets to care for before proceeding to upgrade them. From there, we can completely gain profit by trading and bidding on NFT Monsters in the same way as other normal NFTs.
CryptoZoon
Inspired by Pokemon stories, CryptoZoon enables millions of gamers to participate in NFT and blockchain-based activities in a simple, innovative, and exciting way. With CryptoZoon, gamers can use their ZOAN to fight monsters, collect, evolve, and train (so that they can fight each other).
Since CryptoZoon is a game built on the Binance Smart Chain platform, to enter the game you need a wallet of the BSC platform. In addition, after creating a wallet, you need to own BNB and ZOON tokens in order to purchase and upgrade ZOAN characters in the game. Despite the fact that it does require an initial investment, CryptoZoon is still one of the names that many people are interested in.
As society is growing, everyone can always be ready to make money with a passion. The dream of combining entertainment and extra income from gaming is no longer a pipe dream. Hope the preceding article has helped you better understand the definition of NFT games and the appeal of popular NFT games in the global game market.
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