NFTs, or non-fungible tokens, are the latest craze in the world of digital assets. These unique digital objects can represent anything from artwork to collectibles, and they have the potential to revolutionize the way we think about gaming. In this article, we will explore some of the best ways to play and earn free NFTs in gaming.
What are NFTs?
NFTs are digital objects that are unique and cannot be replaced or exchanged for anything else. They are created using blockchain technology, which allows them to be stored securely and traded on decentralized marketplaces. NFTs have been around for a few years now, but their popularity has exploded in recent times, thanks to the rise of cryptocurrency and the gaming industry.
Why play with NFTs?
Playing with NFTs is not only fun and engaging, but it also offers an opportunity to earn real money. Many games now offer NFTs as rewards for playing, and some even let you buy and sell your own NFTs on marketplaces. This means that you can earn money by collecting rare and valuable digital items, and then sell them to other players or collectors.
How to play with NFTs
There are many different ways to play with NFTs in gaming. Here are a few of the most popular:
- Play-to-earn games
Play-to-earn games are games that let you earn rewards by playing. These rewards can be in the form of NFTs, which you can then sell or trade on marketplaces. Some examples of play-to-earn games include CryptoKitties, Axie Infinity, and Splinterlands.
- Collectible trading card games (CTCGs)
CTCGs are games that let you collect and trade digital cards. These cards can be NFTs, which means that they are unique and cannot be replaced or exchanged for anything else. Some examples of CTCGs include Magic: The Gathering, Pokemon, and Hearthstone.
3. Role-playing games (RPGs)
RPGs are games that let you create a character and embark on quests. Many RPGs now offer NFTs as rewards for playing, which can be used to customize your character or buy new items in the game. Some examples of RPGs that offer NFTs include Final Fantasy XIV, World of Warcraft, and Genshin Impact.
How to earn with NFTs
In addition to playing games with NFTs, you can also earn money by buying and selling NFTs on marketplaces. Here are a few ways to do this:
- Buy low, sell high
You can buy NFTs that are currently undervalued and then sell them when they become more valuable. This is known as "buying low and selling high." Some examples of NFTs that have increased in value include CryptoKitties, Beeple’s "Everydays: All the World’s Art" NFT, and the "Punks" NFT collection.
2. Flipping NFTs
Flipping NFTs is similar to buying low and selling high, but it involves buying NFTs with the intention of reselling them quickly for a profit. This can be risky, as some NFTs may lose value rapidly, but if you have a good eye for what’s hot and what’s not, flipping NFTs can be a lucrative way to earn money.
