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Cryptogambling / How to Get Started With Play-To-Earn and NFT Games

How to Get Started With Play-To-Earn and NFT Games

Publish Date: 31/03/2023

Play-to-earn and NFT games have been all the rage since Axie Infinity showed the world how profitable and enjoyable blockchain-based gaming can be. These not-so-new types of games have disrupted the traditional gaming industry and created new opportunities for gamers to monetize their skills and time spent playing.

There are tons of play-to-earn games online, and the industry is expanding at a rapid pace. If you want to try some of these games for hands-on experience, this guide is for you.

We’ll explain play-to-earn and NFT games and how to get started. Don’t worry; we’ve cut down on all the boring techy stuff to ensure anyone understands exactly how to get started.

4 banners of different play to earn games

What Are Play-To-Earn NFT Games?

Play-to-earn games are exactly what they sound like—games that allow you to earn rewards. But not just the usual in-game rewards like CP in Call of Duty. You can only spend rewards earned in traditional games within the game. But with play-to-earn games, you can spend your rewards in real life.

How Play-To-Earn NFT Games Work

Before playing most NFT games, you’ll need to deposit some crypto as an initial investment called staking. Others will require you to buy some NFTs, which you’ll use as in-game characters.

The good part is that you earn cryptocurrency or more NFTs from your gameplay. This crypto can be exchanged for real-world cash or used to buy in-game assets like skins and armor. Similarly, your in-game NFT assets can be sold to other players for crypto, which you can later convert to fiat.

Another way to earn from NFT games is by locking your NFTs or crypto to a smart contract. This will accumulate passive rewards for you in the long run.

Benefits of Play-To-Earn NFT Games

You might already know some of the benefits of P2E games. Here are other reasons why they are so popular and exciting.

  • Make money while having fun: You can earn cryptocurrency while playing P2E games, earning extra money doing what you enjoy most: gaming.
  • Own in-game items: With play-to-earn NFT games, you can own your in-game items, like weapons or characters, and sell them for real money.
  • Play at your own pace: NFT games offer flexibility, so you can play when and for how long you want without feeling rushed to finish.
  • Learn new skills: Playing a P2E game can be a great way to educate yourself on investing and economics.
  • Be part of an exciting economy: P2E games are integral to a thriving gaming economy, which means you can take an active role in the industry. This can open up doors to more financial freedom and autonomy.

 

There’s a play-to-earn game for every genre. So if you like trading cards or role-playing games, there’s an endless stream of options for you.

Axie Infinity

In Axie Infinity, you collect and manage cute monsters called Axies. Each Axie is a special NFT that you can trade for cryptocurrency. Winning battles in the game gives you even more crypto, which you can use to help develop the game. Lots of people play this game and make a lot of trades every day.

Illuvium

Illuvium is an adventure game where you explore a huge fantasy world and collect creatures called Illuvials. These creatures are also NFTs, which means they’re unique and can be traded. The more you play the game, the stronger your Illuvials get. There’s even an in-game currency that you can trade for real cryptocurrency.

Gods Unchained

Game Board of Gods Unchained

Gods Unchained is a game that simulates collectible card games. All the cards in this game are NFTs, meaning they’re unique and can be traded for lots of cryptocurrencies. You can build your own deck of cards and battle other players to earn even more crypto.

Decentraland

Decentraland is a really cool virtual reality game where you can own your own little piece of land. Each piece of land is a special NFT called LAND that you can trade for crypto. You can build whatever you want on your land, like houses or even games. In this game, many people use NFTs to create accessories and other cool things.

Splinterlands

Splinterlands is another collectible card game that uses NFTs. Each card is a unique collectible you can trade or sell for crypto. There are many types of cards, and using them differently can change your stats. This game is on multiple blockchains so you can play it on different platforms.

How to Get Started With Play-To-Earn Games

One remarkable thing about P2E games is that you don’t need much to start. The first step to getting started is picking an exciting game. We’ve listed some you can begin with above.

Once you’ve settled on the game to play, you’ll then need the following:

Pick a Crypto Wallet

You’ll need a crypto wallet to play NFT games and make in-game purchases. These software wallets are often necessary and convenient browser extensions. They allow you to manage and store digital assets and facilitate in-game transactions. MetaMask, Walletconnect, and Trust Wallet are some examples of crypto wallets.

Buy the Required Crypto or NFT

After setting up a wallet, you’ll need the cryptocurrencies or NFTs required to play your game. You can purchase crypto, like ETH, on a cryptocurrency exchange if you have none. Once you have cryptocurrencies, visit the game’s marketplace to get some in-game NFTs and start playing.

Start Playing

Once you have your crypto and NFT, you can join the game by connecting your wallet to the platform. It’s that simple. Just read the rules and guidelines to understand the gameplay before you begin.

Conclusion

P2E games offer a unique gaming experience that allows players to not only enjoy the game but also earn money while doing so. To take your P2E gaming experience to the next level, research the game thoroughly, participate in the community (they usually have a Discord server), and keep track of updates and changes.

For new players, expect a learning curve, but don’t be afraid to ask for help and explore the game’s features. Happy gaming and earning.

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