There’s a pretty big trend in the blockchain space right now: non-fungible token games. What that means is an app that runs a blockchain-based protocol that uses a non-fungible token to represent a virtual asset.
A Non-Fungible Token is a virtual asset that has a unique name and it is intended that each token is unique regardless of differences in ownership or characteristics. Unlike traditional cryptocurrency, each NFT is more of a collectible item that is more akin to a traditional token. The NFT concept came up with the idea of trading collectible items with the cryptocurrency ecosystem.
A non-fungible token (NFT) game is one that allows players to collect or trade unique game items while rewarding each different item. The game must be able to track the number of items owned by each player, to identify who owns what, and to provide a way for the owners to trade the items
It has been a few years since the first Cryptokitties and CryptoPuppies. These collectible digital pets were the first non-fungible token games (NFTs) to make their way into the crypto community. Since then, non-fungibles and NFTs (collectibles) have become a popular and increasingly mainstream theme that users and developers can use to build and sell fun and valuable products.
How to Play NFT Games?
Its a Play to earn type of game. Game allows players to accumulate and trade cryptocurrency. Axie Infinity is an NFT-based online video game developed by Vietnamese studio Sky Mavis.Aug 26, 2021, just that recent but has already people from all parts of the world going crazy over this NFT game.
How to Play NFT Games?
Axie Infinity has become one of the most well-known play-to-earn games. The game requires an initial investment to purchase three Axies, or you can receive a free Scholarship from another player. Once you have a Team and begin completing tasks and challenges, you earn Small Love Potion (SLP), an ERC-20 token tradeable on exchanges.
A new level of gamification, Earn while you play.. and in the Philippines it has gotten so much attention that the BIR now wants to tax players that earn and breed this Axies. Its a whole ecosystem within itself and has its own digital currency that the BIR wants to tax.
NFTs in gaming environments grant players ownership of their in-game assets instead of game developers using blockchain technology. This opens up many possibilities in gaming.
NFT games on Android
Android or iOS pretty much have the same or similar games since this isnt just a game anymore but even a livelihood for some that can earn anywhere frmo $200 to $1000 or more.. think of the endless hours kids stay in front of the computer, it can now be converted into game farms and have gamers earn.
NFT games on iOS
Axie Infinity is also the leading NFT game on iOS.
What is the future of NFT Games?
Non-fungible tokens (NFT) are a new technology that breaks away from the traditional model of fixed assets and fixed market. In other words, NFTs are a revolutionary breakthrough in the blockchain industry, which will hugely impact the digital economy. However, NFTs, which are an emerging technology, also have a lot of challenges that may delay the adoption of the technology but merging it with games is such a surefire hit to grow, play and earn at the same time. It seems like NFT games can only get better and more complex. We are looking forward to the upcoming NFT games in near future.
