Crypto Games – A Detailed Guide for Beginners
Probably, many gamers have already heard about blockchain games or have seen news related to the Web3 gaming industry. Cryptocurrency and NFT have made a breakthrough, gaining wide popularity over the past few years. Including thanks to crypto games.
Many gamers around the world have turned their hobby into a full-time or additional income. While traditional games still take away users’ funds, blockchain games allow you to make a profit for the time spent, perseverance and high gaming skills.
For those exploring crypto gaming, platforms like 22Bet Bangladesh offer an innovative space where players can use cryptocurrencies for seamless transactions. Known for its versatility, 22Bet Bangladesh integrates modern technology to ensure secure and convenient gaming, appealing to crypto enthusiasts.
Many beginners are still skeptical about crypto games or do not understand the principle of the device. Today we will tell you in simple words how to start playing crypto (NFT) games for beginners who are far from the blockchain industry.
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What Are Crypto (NFT) Games?
Crypto and NFT games are games that use blockchain technology. In turn, blockchain technology can be called a digital financial system. Nowadays, anyone can create their own cryptocurrency (tokens) and come up with a use for it. This opportunity is actively used by large companies creating various projects.
The main thing to understand is that the cost of any cryptocurrency depends on its popularity. The project only sets the initial price of the token, attracting funds from investment funds.
In short, the project creates a product, for example, a game, then issues a token, large investors buy it, setting the initial price, and users trade the token on the open market. If users actively buy the token, its value increases. If they sell, the value falls.
Game developers quickly picked up the innovation and began to create projects with earning mechanics based on the blockchain. Such projects are usually called Play To Earn, GameFi, NFT Games or Web3 Games.
How to Make Money in Crypto Games?
There are a huge number of ways to make money in crypto (NFT) games. It all depends on the imagination of the developers and the genre of the game. Regardless of the earnings model used in the game, the essence is the same everywhere – play to earn.
For example, in the crypto RPG, the game currency was replaced by tokens. Players obtain items in raids and dungeons to sell to merchants. For each item sold, the player receives cryptocurrency (tokens) of the project to their wallet. Tokens can be used in the game for further development and increase income or withdrawn to the stock exchange to sell for real money. This is the model used in the Crypto Raiders game.
As for NFTs, they have come to replace game assets. In simple terms, an NFT is a token (cryptocurrency) in a single copy, which can be assigned various uses. Read more about what NFTs are in our article.
Thanks to NFTs, game assets can be transferred, sold on the open market, and used in several games at once. Surely everyone knows the card game Hearthstone, known for the high cost of cards. It is funny that players can endlessly invest in the game by buying cards, but cannot sell them to other players.
In collectible card crypto games, users can not only earn cryptocurrency (tokens) for high positions in the rating, but also trade cards on the open market. If a player does not need a card, he can put it up for sale at the desired price or exchange it with another player. In addition, players no longer need to spend money on endlessly opening packs of cards in the hope of getting the one they need. Now it is enough to go to the market and buy the desired card from other players. The most popular crypto card game using this model is Gods Unchained.
NFT technology is used not only in card games. Almost any Play To Earn project has NFTs, which allows players to earn money by trading assets. Weapons and equipment, items, resources, characters, pets and other assets can be NFTs. Everything depends only on the genre of the game and the developer’s imagination.
First Steps for a Beginner in Play To Earn
It doesn’t take much time to understand crypto (NFT) games. Developers often care about users and provide detailed guides for beginners. Such guides are called Whitepaper or documentation.
However, knowing the basic principles of working with blockchain will greatly facilitate the process of learning any crypto game.
First, it is worth understanding that blockchain is a network. Currently, there are many different blockchains, and game developers themselves choose which network their project will be built on. The choice of network depends on the preferences of the developers, the popularity of the network, the genre of the game or other factors.
The most popular networks where crypto games are created are Polygon, Ethereum, Solana and Binance Smart Chain.