Blockchain gaming is a type of gaming that involves trading gaming items online in exchange for real money. It uses the same technology as cryptocurrency and allows for the exchange of coins during trade.
In blockchain gaming, NFTs are incorporated to create an array of visual enhancement items that can be used to personalize players. These include; avatar, weapons or skills. These items can be sold from one gamer to another ensuring interoperability between layers.
In some games like Cryptokitties, players breed kittens of different appearances. The kittens can then be used as NFTs and can be traded within the game. Each kitten has an average price of $65.76 but could go as high as $300000.
In blockchain games, an accrued digital asset can not be deleted by owners of the game or the gamer as these NFTs can be kept for long and can also be moved between games.
With the addition of gamers, collectibles and consumables to blockchain gaming, there has been a spike in the activities on the platform, as more users have decided to monetize their skills.
NFTs in blockchain gaming enhances players’ equalization not minding the amount of money they spend on games.
There are times when players are beaten not because they are not good gamers but because the opposing player invests more in the game.
Gamers can access NFTs in Binance Smart Chain and Ethereum blockchain. NFTs can also be gotten in Mystery boxes revealed to players for them to try their luck.
Blockchain games are known to be fast and secure but gamers are advised to beware of scammers who are able to swindle NFTs by using compatible wallets and hacking. Gamers are also advised to scrutinize their smart contracts.
Due to the impact of NFTs on the blockchain gaming platform, the sector is seeing significant growth with traders becoming gamers and vice versa.
Don’t miss important articles during the week. Subscribe to blockbuild weekly digest for updates.