So, you’ve heard about NFTs (Non-Fungible Tokens) and how the crypto world is starting to bleed into all kinds of industries. In particular, you’re interested in how blockchain technology and cryptocurrency will impact the gaming industry specifically.
But how exactly do NFTs fit in gaming? Is that even possible? Can it ruin games? Is it the future?
Well, you’re in the right place. In this article, we will show you how you can use NFTs in video games, how gamers can earn from NFT video games, and many more!
But before we get started, we highly recommend for you visit joystickgaming.io! Joystick is an all-in-one online resource on all things NFT gaming, blockchain gaming, and play-to-earn gaming. What sets them apart from all the other online gaming sites out there is the fact that Joystick has built an amazing community of like-minded gamers and non-gamers who are uber-interested in taking the next big leap in the gaming and crypto world. Definitely check them out!
With that, it’s time to tackle how you can use NFTs in video games.
Before all that, let’s first define what NFTs actually are.
What are Non-fungible tokens or NFTs even?
NFTs are unique digital assets that ties ownership to items such as music, photos, works of art, or collectibles, which can be both virtual or physical.
These unique, non-fungible assets are found on a blockchain. They cannot be replicated or exchanged equivalently and have a distinct identification code that separates them from each other.
You could sort of treat NFTs as digital collectibles: unique, individual, and in turn, non-fungible.
Now, how can you use NFTs in video games?
Like most things, there is no one-size-fits-all way of how NFTs are used in games or how you can use them in such games. However, we can argue that this is exactly why NFT gaming is the future or next logical evolution of gaming. It is because there isn’t one exact way to use NFTs in games that different possibilities for their use in video games are on the horizon!
Basically, it is going to be up to the game developer or game company to make the game itself that will dictate how NFTs can be used in a particular game. Whether it’s an integral part of the game’s overall mechanic or it’s just an easter egg you reach a particular level, and it is all up to the developer who makes the game at the end of the day.
We won’t leave you hanging dry, though. We’ve gone ahead and rounded up a pretty good list of some of the ways you CAN currently use NFTs or how you can ENCOUNTER NFTs in a video game.
Here are some examples:
- Collectible trading cards similar to Pokemon or sports cards
- NFTs that you can barter or exchange to upgrade your characters’ vehicle or abilities
- Characters, heroes, monsters, and pets as NFTs
- Costumes, weapons, clothing, and other cosmetic items as NFTs
- In-game collectible NFTs
- Unlockable maps or levels in a game as NFTs
- NFT mystery and loot boxes
- Skills or abilities that can be upgraded and exchanged as NFTs
Now, these are just some of the ways that game developers have used in order to integrate NFTs into their games. There really is no limit to how NFTs can enhance a game’s gameplay experience, essentially making the gaming experience for each person completely unique to them alone, as NFTs are, as we now know, non-fungible.
What you might not know is that you can actually use NFTs to not just play cool video games, but you can also earn real-world money. How? Let’s find out.
Can you earn money with video games that have NFTs?
Yes. How? The straight answer to this question is through NFT games that are play-to-earn. Play-to-earn games, as the name suggests, are games that reward players with real money for playing.
Ordinarily, gamers earn money by exchanging or selling their in-game NFTs in the marketplace. Therefore, the amount of money they can get, as per the blockchain system, is directly tied to how these items are valued by their fellow players.
However, the way gamers can earn money through these games can vary.
Here are some examples of how:
- Poker games that award a player for winning against a player may win a cash prize or a prize of value
- Winning a particular NFT by ranking up or finishing a level, with that particular NFT holding a certain value
- Trading or selling NFT characters or pets themselves for real money or for a digital currency
And there we have it, a brief guide on how you can use NFTs in video games. Safe to say, NFTs and gaming are a match made in heaven. There’s no telling where games and NFTs can go! One thing’s for sure, though, it is definitely a super great time to be a gamer and someone invested in the crypto space. The possibilities are just endless!
