- Non-Fungible tokens (NFTs) are tokens that can cryptographically represent the ownership of unique physical or digital assets of real-world items such as music, art, videos, collectibles, real estate, and more.
- Play-to-earn is a new model in decentralized games that allow players to play, own and sell their in-game assets as non-fungible tokens (NFTs) on crypto marketplaces.
- In the first half of 2021, NFT sales hit $2.5 billion and for digital artwork they have been sold for millions of dollars.
The decentralized gaming is one of the trending topics in the crypto space as the world is trying to explore more ways to leverage blockchain technology. Play-to-earn is a new model in decentralized games that allow players to play, own and sell their in-game assets as non-fungible tokens (NFTs) on crypto marketplaces such as Binance NFT.
Today, NFT games have shown great potential of changing the gaming world, with increasingly adopting blockchain technology to give these games an even more immersive experience and bridging the gap between virtual space and reality.
What is NFT?
Non-Fungible tokens (NFTs) are tokens that can cryptographically represent the ownership of unique physical or digital assets of real-world items such as music, art, videos, collectibles, real estate and more. These items can be purchased and sold for real money, either in cryptocurrency or another non-fungible investment. There can only be one owner of NFT at a time and the record of ownership can’t be modified or imitated as they are secured by the Ethereum blockchain. It may be considered as modern-day collectibles.
Non-fungible items are the one that can’t be exchanged for another item because it is one of a kind. So, NFT make it possible to turn digital assets into one kind by developing a unique digital signature that represents the ownership of the digital assets and it can be exchanged in real-world.
Top 10 NFT games in UK in 2021
In the first half of 2021, NFT sales hit $2.5 billion and for digital artwork they have been sold for millions of dollars. However they are highly volatile assets that are not suitable for every inventor.
What are Play-to-Earn NFT Games?
Crypto gaming enables players to add value to their purchase as it combines conventional gaming designs with unconventional game mechanisms. All the in-game tools are expressed as NFTs, which are the digital tokens used to prove ownership of in-game intangible items such as characters, virtual lands, weapons, coins, and much more.
These tokens are stored on a distributed ledger (Also known as Blockchain) above a crypto network in crypto games and this is why these game assets are more expensive than other.
The gamer can claim ownership of digital in-game assets through three strategies. Buy digital items on native or third-party marketplace, create new characters, or unlock and earn new item.
It allows the in-game items to be traded for cryptocurrency to transform in real money. So, in crypto gaming, in-game purchases are accomplished when user buy items using cryptocurrency or purchasing a crypto itself. However, in traditional online games all ownership in the game belongs only to the game operator not the player.
Also read: Which banks in the UK are crypto friendly?
Some of the Top NFT Games are:
- Axie Infinity
Axie Infinity is one of the most popular NFT games with a large fan base. Its gaming model is quite similar to Pokémon game series with blockchain twist. In this game players breed and collect digital pets called Axis for battling with other players. Each Axis has its own genetic imprint, and these virtual pets can be bought and sold on Ethereum NFT marketplaces, it s prices depend on its rareness and specific traits.
To carry on with the game players need to buy three Axies and the player receive Smooth love portion (SLP), which is the platform’s native ERC-20 utility token. Another token that player receive is Axis Infinity Shard (AXS), which works as its governance token.
- Gods Unchained
Gods Unchained is free-to-pay NFT game, where gamers collects cards by buying them from other gamers or wining player-versus-player (PVP) battles. The quality of cards and the playing skills of the gamers determine the winner. The player’s needs to drop the life of their opponent’s before them and win experience point. The players need to add cards to their collection to enter into next level. The player receive ERC-721 token that can be traded on the platform’s native marketplace or the open market, in exchange player will receive the platform’s native token, GODS.
Splinterlands is a tradable card game that allows players to earn as they play. The player needs to purchase a starter pack of cards. Register a steem account and disclose the purchased cards on the platform. Players need to create their deck with different abilities, fighters and stats and battle with other players. With every win player unlock higher level cards, increase rank and get more rewards. Players may also trade, pay, buy and sell them whatever they prefer.
Sorare is another card collecting games, which features footballers from different leagues around the world. A player can create their own virtual team and join active leagues. The cards are an XP based on the performance of the player in real-life football matches. With every win player earn points and their team becomes stronger, this gives them chance to play in higher divisions and win bigger rewards. One of the Cristiano Ronaldo’s cards was sold for US $300,000, making it most expensive NFT token.
- The Sandbox 3D
The Sandbox 3D is one of the most active NFT game, based in voxel gaming metaverse. In this game, gamers can monetize and manipulate voxel assets and get various tools to built and animate objects that can be sold in marketplaces. They can also create and play custom games on the platform. The players receive ERC-20 token, SAND as the native token of the metaverse and may buy in-game items with the token on its marketplace. The players may get NFT token, LAND, which is one of the most valuable and sought after assets in the platform.
- Alien Worlds
Alien Worlds is an NFT Defi metaverse game in which the player may compete with other players or collaborate with them to explore other planets. With every win the players may receive Trilium (TLM), which is needed to control competing decentralized autonomous organizations (Planet DAOs) and gain access to more gameplay.
Players may also acquire NFTs to mine Trilium (TLM) and they may purchase and assemble NFTs that best suits their gameplay.
- Nine Chronicles
Nine Chronicles is a role-paying game that player play as an adventure. Players need to collect loot, fight players, killing monsters and explore a vast fantasy world. The game is built on a peer-to-peer network of gamers and miners. This means that there is no one owner of a central server and the whole online world will continue to exist as long as there are players.
- Battle Racers
The Battle Racers is inspired by F-zero and Super Mario Kart game. It combines various weapons and parts in order to build the most powerful cars. Players need to combine various parts and weapons for advantage on the arcade-sized tracks. Players may sell them for crypto on OpenSea by registering it on blockchain as NFTs.
- Lost Relics
Lost Relics is an Action Role Playing Game (ARPG) in which players need to complete quests, conquer dungeons, kill monsters and collect the rarest of loots that comes in blockchain and virtual items. Virtual items are such as armors, weapons and other accessories that are controlled by the game developer. Whereas, Blockchain items that are decentralized and player are free to use them. Players may also use, trade, discharge and even transfer them. The game is free but to unlock perks one has to get paid membership.
- League of Kingdoms
League of Kingdom is a typical browser MMO strategy, in which players can create their own train troops, kingdoms, alliances and compete against other gamers. All the assets such as land and other real estate assets are NFTs stored in the Ethereum blockchain that can be traded in the marketplace.