Crypto Gaming can make you earn money

Crypto Gaming can make me rich ? Video games can make you earn Crypto ? Is that for real!?

You could travelling, waiting for your flight, or simply relaxing after a hard day’s work, games are always enjoyable. Even a massive streaming platform like Netflix, , started offering games because they understood the huge potential of the gaming market.

When it comes to blockchain games, they have turned out to be huge revolution in the gaming industry. These online games are usually centered around non-fungible tokens (NFTs) issued for play or in-game items. But these games are not played just for the sake of entertainment, they are played to earn real money.

There is a wallet under a system which goes by the name play-to-earn (P2E). Here players can own, hold, and trade items. This is anew way of making money.. Those days are long gone when people used to think that playing video games is a waste of time and just a source of entertainment. Now, playing video games can actually make you filthy rich.

Playing games can get me Crypto ?

To understand Crypto Gaming we got to understand how blockchain works, and to understand that we must refresh your knowledge of NFTs first. What are NFTs ? NFTs are unique digital assets. That means no two NFT tokens are the same, giving every digital asset real value. These NFTs have no limitations.

For example, the popular NFT game Decentraland allows you to buy virtual land, which can then be used to build in-game real estate. These assets can then be sold on an NFT marketplace for potentially big bucks.

How does Crypto Gaming work ?

Players can earn royalties in more than one way with NFT games. The first way is to get to a certain level in the game and completing certain tasks in the game and through that you can earn crypto in the form of the platform’s internal currency.

The second way is to buy unique NFTs. This is possible when you receive an NFT that represents something of value from the game in question. If one manages to get hold of an NFT that has a high level of strength and performance, it will likely have an attractive value in the open market. 

You could also look at staking or mining the platform’s currency. Depending on your level of technical knowledge and the amount of money you have to invest in a platform, you could potentially earn quite a bit of money passively going this route. However, mining has a relatively high barrier to entry, which means staking is usually the novice-friendly option.   

Ways of earning money through gaming

Let’s look at different ways earning money through blockchain gaming.

Option 1: You can offer different types of NFTs earner or held by you on online marketplaces or directly in the game. These NFTs can vary from all virtual characters, to plots of land, or various objects or anything from flower pots and playing cards to snowboards and shoes.

Option 2: You can often earn cryptocurrency in a blockchain game. Most games have their own in-game currencies.

For example, in the P2E game Wizardia, you can enter tournaments with a carefully selected team of NFT wizards. If you win, you’ll get the chance to share in a prize pool. The current prize pool is 200,000 $WZRD for the top 20 players. 

You can then exchange the in-game money for other cryptocurrencies such as Bitcoin or Ethereum. 

Option 3: You may lend your gaming tokens to newcomers. Then you may collect a share of the amounts they earn.

There are some games which can be played for free. Usually to buy modes and other digital things in the game you need to pay real money. And once a digital thing is bought it stays in the game unless you loose your data. 

Crypto games are played for pure entertainment while making money. As with anything related to cryptocurrency and NFTs, there is a significant risk of losing money.

Final Thoughts

There is a revolution going on in the market of crypto gaming and you could be a part of it and make a lot of money. But always at your own risk.