What is Big Time blockchain game & does it have a crypto token?

Be the First to Comment Read

What is Big Time blockchain game & does it have a crypto token?

Follow us on Google News:
 What is Big Time blockchain game & does it have a crypto token?
Image source: Pixabay.com


  • Using blockchain technology, Big Time appears to be competing with Axie Infinity and other such games
  • The project has SPACE NFTs, and a token that it says can be earned by playing the game
  • NFTs of projects like BAYC and CryptoPunks have sold for very high prices in the recent past

Non-fungible tokens (NFTs) seem to be competing with crypto assets. A few NFTs of the project titled CryptoPunks have sold for millions of dollars each, and those of Beeple’s have also commanded a high price in auctions.

Platforms like OpenSea are enabling trade in NFTs, and some NFT marketplaces like Rarible have their own native cryptocurrencies. NFTs are usually a part of blockchain-based gaming projects, for example, the Axie creatures of the Axie Infinity (AXS) game are digital assets tradable on OpenSea. In 2021, one more blockchain game, titled Big Time, launched. Let’s know more about its NFT features.

Does Big Time have NFTs?

Big Time projects itself as a role-playing game (RPG). Having a fictional setting, it may be considered as a metaverse.

The game includes multiple weapons and time machines, which can be personalized by gamers. It announced the sale of its SPACE NFTs in December last year. SPACE, the project states, represents virtual land on Big Time’s metaverse.

Also read: Pawtocol crypto’s trading volume soars: What is it & UPI token?

These NFTs, Big Time claims, enable gamers to access new features like extra rooms. The game also has VIP passes to be purchased by users.

Does Big Time have a crypto?

A blog post dating back to November 2021 on the game’s website talks about the Big Time game’s token. It states that this crypto token can be earned by gamers by engaging in tasks like combating. The Big Time token, it further claims, can enable the purchase of the game’s NFTs.

Also read: What is Loopring DeFi protocol & its LRC token?

Difference between crypto and NFTs

NFTs are so named because each such token has certain unique features that place it apart from others. This makes the token “non-fungible.” Cryptos, on the other hand, are fungible, meaning all tokens of a particular crypto project, for example, each ETH of Ethereum will share common characteristics.

NFTs can be traded like cryptocurrencies, and now exchanges like Binance have also launched special marketplaces for NFT trades. Some of the other popular NFT marketplaces include SuperRare, Rarible, and OpenSea.

A few projects also enable users to mint new NFTs. It is notable that the first tweet of Jack Dorsey was also sold as an NFT, with the trade done in the ETH cryptocurrency.

Expensive NFTs sold

Also read: Los Andes (LA) & Nouveau Monde (NOU): 2 TSXV mining stocks to look into

Bottom line

The Big Time gaming crypto is yet to be listed on platforms like CoinMarketCap. For now, it is claimed that the token can be mostly earned by gamers by engaging in quests.

Big Time also has NFTs linked to virtual land, which it has named SPACE. These attributes make it comparable to metaverses like The Sandbox, and Decentraland.

Some critics worry that NFTs may be overpriced. What becomes of metaverses and NFTs in the long run is a wait-and-watch game right now.

Risk Disclosure: Trading in cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory, or political events. The laws that apply to crypto products (and how a particular crypto product is regulated) may change. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading in the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Kalkine Media cannot and does not represent or guarantee that any of the information/data available here is accurate, reliable, current, complete or appropriate for your needs. Kalkine Media will not accept liability for any loss or damage as a result of your trading or your reliance on the information shared on this website.


Featured Articles