Home TECHNOLOGY What Are The Highest Earning “Play to Earn” NFT Games?

What Are The Highest Earning “Play to Earn” NFT Games?

by Aishwarya

In addition to crypto enthusiasts, gamers are increasingly benefitting from the integration of blockchain technology into gaming. Blockchain games have an immense potential to improve the adoption of cryptocurrencies. Players can claim ownership of in-game items, such as trading cards, by earning from such games or participation in free-to-play events.

In non-fungible token (NFT) games, you can earn cryptocurrencies that can later be converted into dollars. Users of GameFi platforms can earn rewards consisting of both NFTs and tokens. As opposed to crypto, non-fungible coins can change in value based on their popularity. If the artwork or game is in demand, it can be sold for a higher price than similar tokens. In this article, we look at some of the highest earning play-to-earn NFT games with the most gains.

What are NFT games?

As opposed to crypto-collectibles, NFT games employ NFTs as the rules, mechanisms, and interactions between players. In NFTs, digital collectibles are authenticated by blockchain ledgers, which is fundamental to how the games work. These games allow you to have ownership of any assets you want, such as characters and weapons.

In NFT games, the gamers can use NFTs to create characters, avatars, and items that they can trade with other players and collect for use during the gameplay. Each item’s value depends on its use and rarity, which is defined in smart contracts. On the Ethereum blockchain, CryptoKitties was one of the first games to use NFT characters. In CryptoKitties, players collect and trade digital cats.

In addition, you can make money depending on the market demand and the game’s mechanics with the play-to-earn model. You can also earn by selling your NFTs and cryptocurrencies to other users who want them.

What are play-to-earn NFT games?

Play-to-earn NFT games are games that enable users to earn income through gaming, typically rewarding a player with tokens and occasionally NFTs. As a player advances in the game, more NFTs become available. Many of the game’s crafting requirements depend on the tokens earned.

As tokens can be earned steadily through play, playing to earn can also get NFT through NFT airdrops. Players in many countries have been drawn to this method as an alternative or addition to fixed income or social security.

Top NFT games with potential high gains

Here are some of the best NFT games with a play-to-earn model:

Splinterlands

With close to 300,000 active users, Splinterlands is the largest NFT game on Hive. It is a card-based strategy game using the Hive blockchain. With more cards, the winner will be able to sell them on the NFT marketplace for crypto.

Splinterlands is a free game where all players receive base cards upon joining. However, you can gain more potent cards through booster packs, or by purchasing on the platform’s marketplace from a seller willing to offer them.

Battle of Guardians

To discover different Metaverse levels, four gaming enthusiasts created Battle of Guardian, the latest play-to-earn game. Based on Solana’s network, it’s a multiplayer NFT game developed by Unreal Engine. The objective of the game is to defeat your opponent and earn rewards.

Game players and developers alike benefit from the unique NFTs and many revenue-generating opportunities the game offers.

Axie Infinity Scholarship

Axie Infinity’s scholarship program is designed to enable new players who don’t have enough resources to create a team of three NFT monsters and play the game by borrowing free Axies (Digital Pets) from managers. 

With more than $2.5 billion in sales, Axie Infinity (AXS) introduced the term “scholarship” to the world of NFTs. They use the managers’ Axies to play the game and earn Smooth Love Potions (SLPs), which they can use to trade for fiat or to breed and sell new Axies. 

In Axie Infinity, players have to search through guilds that hire Axie scholars in order to earn scholarships. The earnings ratio ranges from 60/40 to 50/50 and 70/30.

Takeaways

There has been such a rapid expansion of the NFT sector in such a short period of time, with gaming emerging as one of the frontiers of this movement. With the play-to-earn NFT games, players can access a growing market made up of NFTs.

NFTically is a growing platform that helps you create your own white-label NFT marketplace for games, music, art and more. Contact our team of experts to know about NFTs. 

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