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Play-to-Earn NFTs: Is it profitable?

Play to Earn NFT are games built on block chain technology and they allow you to make money while playing online. They are different from traditional games where you either earn nothing for playing or have to buy in-game purchases to excel in the game. NFT based video games are becoming mainstream.

In this article we will look at some of the top play to Earn NFT games in terms of stability and economics and discuss some of the advantages and disadvantages of these NFT games.

How Does NFT Games Work

NFT games use blockchain technology in order to prove the proof of ownership and  maintain the history of ownership. Since every character and asset in the game is secured by the blockchain, they are immutable and hence they cannot be changed or altered illegally, making the game secure.

 

Best NFT Games To Play In 2021

Below is the list and brief details of the NFT games which you should play if you’re interested in Play to Earn games.

1- Axie Infinity

Axie Infinity is developed on the Ethereum blockchain and it is inspired by the  Pokémon etymology. There are thousands of fancy creatures called Axies which the player has to buy and use these characters to battle in the “Arena” and “Adventure” playing fields. For every win in the game, you will be rewarded in the form of SLP (Smooth Love Potion) token which you earn in this game. This token can later be sold on all the big exchanges including Binance. This is the far most popular and heavily played NFT game.

 

2- The Sandbox

The Sandbox is a meta verse project where you own the land and build your own territory and land. This is also built on Ethereum blockchain and the SAND is the crypto currency which is being used in the game to purchase the land and other stuff. If you are interested in Real Estate and owning land concepts virtually, then this game is the best fit for you. You will feel your presence in the Meta verse while playing this game.

 

3- Gods Unchained

If you are interested in playing a virtual card game with a play to earn model then Gods unchained is the NFT game which you should definitely play. This game is a replacement for the traditional trading card games. You will highly enjoy this game with its sophisticated animations and in-games features. They have recently launched their  marketplace where you can trade your cards on the blockchain thus keeping track of all the ownerships.

4- Crypto Kitties

CryptoKitties is one of the oldest and pioneer games built on the Ethereum network. Here you will breed, buy and trade cats and sell them on the marketplaces like Opensea. This game was built in November 2017 and since then it is gaining a lot of popularity and they have introduced many new features like moving your characters in KittyVerse where you can participate in cat fights or solve different puzzles.

 

5- Splinterlands

Splinterlands is another  play to earn game where you win cards via matchups and unveil the purchased cards in the game. The card combination can give you boosters and power in the game and also help to win the battles with other players. To start the game, you will have to buy a starter pack of the card.

 

Pros and Cons of Play-to-Earn NFTs

First talking about the pros of the Play to earn NFT games, by playing them regularly, each player can earn more items or tokens to sell and generate an income. In some countries, these games give more ROI than the normal wages which you earn from a 9 to 5 job. The games are blockchain based making them decentralized and every one has the equal opportunity to play.

The disadvantages of the NFT games are that in many games you have to put an initial investment to purchase the game’s characters. Also, it may take a few weeks or even months to get the  ROI  (Return on Investment). Sometimes, as we have witnessed, the project team changes the rules of the games which also affect the progress and make it more difficult to generate income from these games.

 

 

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