The future of traditional gaming and collectibles: how NFTs are changing the landscape for NFT games and NFT collectibles
Cryptocurrency is the future of money, and there are many ways to earn it. One way is by playing games.
Yes, you read that correctly. You can now play games and earn cryptocurrency.
In this post, we will show you how to do just that with the help of a new game platform called Game7.io.
But first, let’s take a step back and understand what cryptocurrency is and why you should care about it…NFTs are a new and exciting way to invest in video games but they come with risks and opportunities. By understanding these risks and opportunities, you can make an informed decision about whether or not NFTs are right for you. NFT games are the latest craze in online gaming and investing. And with good reason: they offer a unique blend of risk and opportunity, unlike any other asset class.
But what exactly are NFT games? How do you invest in them? And more importantly, how can you profit from them?
In this article, we will answer all those questions and more. So if you want to learn everything there is to know about investing in NFT games, read on. The Future of Traditional Gaming and Collectibles: How NFTs are Changing the Landscape for NFT Games and NFT Collectibles
ALT: How NFTs are Changing the Landscape
What are non-fungible tokens (NFTs)?
Non-fungible tokens (NFTs) are digital records used to represent physical or intangible items. They are unique digital cryptographic tokens built on blockchain technology and used in various applications. NFTs have become popular in the Game-fi world to generate income. Players can buy and sell their NFTs for in-game assets, cryptocurrency, or fiat currency.
What are the benefits of using NFTs for games and collectibles?
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1. NFTs can increase the authenticity and ownership of digital goods
NFTs can increase the authenticity and ownership of digital goods by providing players with the sole right to make in-app purchases, enabling the creator to secure a license, and enabling interoperability, allowing players to use the same avatars, cars, clothes, and weapons on both games.
2. Can increase the sense of ownership and attachment of users to digital goods
NFTs allow users to claim ownership of digital assets and transfer them between games and players, giving them more control over their digital goods and increasing their sense of ownership.
3. Enhance the versatility and value of digital goods
NFTs enable the community to securely buy, sell, and trade ownership of digital assets, preserving the scarcity and uniqueness of virtual assets and creating NFT games with collectible virtual assets. Additionally, ownership rights allow players to distribute or sell in-game purchases, leading to monetary rewards for players.
4. Build trust and transparency of transactions between users
NFTs can increase trust and transparency between users by providing a secure and verifiable platform for commerce. By having digital assets secured and tracked on a shared ledger, users can be assured that their transactions are secure and with no chance of fraud. Ownership rights of each purchase are also evident.
5. Increase the scalability and scope of gaming experiences
NFTs can improve the scalability and capacity of gaming experiences by allowing players to purchase in-game items as collectibles. They can also preserve the rarity and uniqueness of certain in-game items, creating an engaging and immersive gaming experience. Developers can launch their games on blockchains and anchor them with digital asset-powered economies, increasing the potential scalability and scope of these gaming experiences.
6. NFTs can increase the ease of user onboarding and usability
Non-Fungible Tokens (NFTs) in gaming can improve user onboarding and usability by allowing players to collect and trade assets efficiently, connect them to other players, and provide more transparency and ownership of in-game items. By leveraging the blockchain, NFTs allow for secure and immutable ownership of digital assets, creating unique and rare digital assets and increasing transparency of in-game transactions and activities.
7. NFTs can increase immersion and realism in gaming experiences
NFTs in gaming can provide players with an unprecedented level of immersion and realism. By allowing players to purchase collectible assets with real-world value, developers can create a more engaging and dynamic gaming experience. Additionally, NFTs can create unique and powerful characters or items, incentivizing players to keep playing. This increases players’ sense of ownership and investment towards their feelings and things, making the game more immersive and realistic.
8. NFTs can increase the scope for customization and creativity in gaming experiences
NFTs offer a unique gaming experience, allowing players to customize and create their avatars or item, earning a percentage from future sales. This provides more freedom, control, and ownership over their gaming experience.
NFTs are expanding the scope for customization and creativity in gaming experiences, allowing gamers to create, own and trade their personalized items. Traditional games typically only offer a select group of playable characters. Earn in the Rebels Bolt Ecosystem through token-gated services, freelancing, NFT minting, influencer marketing, investing in projects, and participating in community initiatives. Leverage the Learning Hub and NFT marketplaces for additional earning potential. Active engagement and valuable contributions lead to success in this innovative platform.
What types of NFT games and collectibles are already available?
ALT: types of NFT games and collectibles are already available
1. Cryptokitties
CryptoKitties are digital assets stored on the Ethereum blockchain, represented by non-fungible tokens (NFTs). They can be collected, traded, or bred and are similar to the classic Tamagotchi game. NFTs are an innovative way to provide a unique gaming experience and generate income. Various games are available that use the technology of NFTs to enhance gameplay, including titles in all genres.
2. Gods Unchained
Gods Unchained is a free-to-play trading card NFT game based on the play-to-earn model. Players accumulate cards by purchasing them from other players or winning PVP matchups, and an ERC-721 token backs each card. In PVP matches, players can win and be rewarded with experience points and packs of cards. The game has potential as an export due to its play-to-earn model, unique powers within cards, and the ability to build decks.
3. CryptoPunks
CryptoPunks are among the oldest and most popular NFT games and collectibles, featuring 8-bit pixelated characters and 100% exclusive tokens. Players can collect, trade, and breed NFTs, unlock unique rewards, and list their NFTs for sale.
4. Axie Infinity
Axie Infinity is an Ethereum-based blockchain game that allows players to buy, raise and breed virtual pet-like creatures called Axies. Axies can be sold or traded on Ethereum NFT marketplaces for potentially high profits. The game also features games and collectibles such as SLP, Battling Bots, Rare NFTs, and Mystic Axies. Players can also earn AXS tokens for governance.
5. Quantum by Kevin McCoy
The Quantum game is a massively multiplayer online role-playing game (MMORPG) in a sci-fi universe. Players can explore a vast world, complete challenges, and quests, and interact with other players. They can find unique items, purchase in-game currency, trade items with other players, and compete in player-versus-player battles. Additionally, they can craft items using resources found in the world, mine for rare minerals, and construct buildings.
6. Bored Ape Yacht Club
The Bored Ape Yacht Club offers a variety of products that bridge the digital and physical worlds, including upcoming game titles, exclusive events, NFTs, real-world goods, access to invite-only events and training camps, and access to NFT-based games.
7. Right-click and Save As guy by XCOPY
The XCOPY Right-Click and Save As Guy game is a collection of exciting and innovative items ranging from puzzles and trivia to action and strategy games. It offers a variety of challenges for players of all ages and skill levels, from classic board games to original twists on traditional favorites.
8. Everyday: The First 5000 Days by Beeple
The Everydays: The First 5000 Days by Beeple is a digital art collection by Mike Winkelmann. It features 5000 pieces of art created over five years and is available for purchase as an NFT on the Ethereum blockchain. There are also unique elements, such as rare pieces of art and music, exclusive ERC-721 tokens, and various special editions. Additionally, limited edition pieces of art and NFTs offer rewards such as exclusive access to special events, discounts, and early access to new products and services.
9. Nyan Cat by Chris Torres
Nyan Cat is an internet meme and pop culture icon created by Chris Torres in 2011. It features a cat with a Pop-Tart body flying through space with a rainbow trail behind it and a Japanese song in the background. It is a prime example of how internet memes can become enduring symbols of popular culture.
10. Forever Rose by Kevin Abosch
Forever Rose by Kevin Abosch is a unique NFT game that can be purchased for just $0.07 on RBLS Polygon. It features a unique game-like experience where users can explore the rose garden, discovering hidden gems and cycles of renewal and growth. It also has a 9% deflationary system, making it even more special.
Types of NFT collectibles
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1. Digital NFT Art
Digital NFT art is a digital cryptographic token developed on blockchain technology that represents a unique item. It is non-fungible and cannot be replaced with a token of the same value. It has a range of characteristics that make it unique and desirable, such as being secure, immutable, and transparent. It can be used to create play-to-earn models, allow for the persistence of virtual assets beyond the scope of the originating game, customizes the game experience, and be tokenized into physical assets.
2. NFT Game Assets
NFT game assets include virtual skins, characters, weapons, and virtual lands. Skins are unique designs that can be applied to characters or objects, while characters are avatars that can be bought, sold, and traded. Weapons can be customized with skins, while virtual lands can be used to build or customize structures or objects.
3. NFT Collectible Card Games
NFT card games are digital card games built on blockchain technology, allowing players to collect, trade, and own their digital assets. Popular NFT card games include Axie Infinity, Splinterlands, Ghost Recon: Breakpoint, Alien Worlds, Farmer’s World, Upland, and Crazy Defence Horses. These games allow players to collect, trade, and own their digital assets.
4. Play-to-Earn NFT Games
The most popular play-to-earn NFT games are Splinterlands, 9D NFT, The Sandbox, Axie Infinity, Gods Unchained, and CryptoKitties. Splinterlands is a collectible card game available on desktop and mobile devices, while 9D NFT is a martial arts game with a distinct Asian-influenced style. The Sandbox is an open-world online multiplayer game based on Ethereum, while Axie Infinity is a creature-collecting and battling game with 2.8 million active daily players. Gods Unchained is a digital trading card game where players collect tradable cards to build a deck. CryptoKitties is a game on the Ethereum blockchain where players collect, breed, and trade virtual cats.
5. NFT Memes
NFT memes are digital art created to be used as NFTs. They are typically humorous, often using iconic images and captions to convey a message. Examples of NFT memes include:
• The “Big Chungus” meme features a cartoon rabbit with a cartoonishly large body, often accompanied by the caption “big changes.”
• The “Doge” meme features a Shiba Inu dog with the caption “such wow,” often used to express surprise or disbelief.
• The “Distracted Boyfriend” meme features a man checking out another woman while his girlfriend looks on. It is often used to express jealousy or disappointment.
• The “Hide the Pain Harold” meme, which features an old man with a forced smile, often expresses the feeling of being uncomfortable or put on the spot.
• The “Tuxedo Winnie the Pooh” meme, which features a cartoon version of Winnie the Pooh wearing a tuxedo, is often used to express appreciation for someone’s effort or approval.
6. Virtual NFT Pets
Virtual NFT pets include CryptoKitties and Dogami, digital kittens minted as NFTs with unique breeding characteristics. Dogami is a virtual pet game with over 300 breeds and four rarity levels. CryptoKitties was one of the first play-to-earn games to hit the NFT marketplace. Players can earn rewards by nurturing and caring for their digital pets.
7. Metaverse NFT Assets
Metaverse NFT assets include land and real estate holdings, virtual wearables, virtual currency tokens, vehicle customizations and upgrades, and games’ NFTs. Players can also have different identities and personalities depending on their game. Brands can partner with gaming companies to offer items to players, as Balenciaga recently did with Fortnite.
8. Coins
Coins as NFT collectibles have several characteristics that make them unique and desirable. They are often linked to real-world assets, can be used to purchase virtual items within games, and can come with autograph features or Lambo giveaways. They are also easy to buy and sell on popular online platforms, with a standard trading commission of 0.4% per slide.
Use cases for NFTs in traditional collectibles.
1. NFTs can represent traditional collectibles such as art, coins, or antiques.
NFTs can represent traditional collectibles such as racing game tracks, cars, characters, costumes, tires, football game cards, manager packs, jerseys, and virtual world pieces of virtual land, properties, and businesses. These NFTs can be tracked on the blockchain, granting owners secure ownership and scarcity of the token.
2. Represent game items such as characters, weapons, and other virtual assets.
NFTs are used in various games and can represent multiple items, such as characters, virtual items, tracks, cars, costumes, player cards, manager packs, jerseys, virtual land, properties, and businesses. Examples include knights in role-playing games, tires in racing games, player cards in football games, and avatars in virtual worlds or simulation games.
3. NFTs can represent real-world assets such as real estate, cars, and other physical items.
NFTs (non-fungible tokens) represent real-world assets, tokenize physical assets, and create unique digital experiences. They can represent digital art, sports memorabilia, virtual real estate, in-game purchases, collectible cards, virtual avatars, music files, and virtual game items.
4. Can be used as a currency for online purchases.
NFTs can be used as a form of currency for online purchases. To purchase NFTs, transfer them to a compatible wallet, find a merchant or retailer that accepts NFTs, confirm payment terms, send the NFT to the merchant/retailer, and review the transaction.
5. NFTs can be used as a form of art or expression.
NFTs can be used to create and express digital art in unique and innovative ways. Artists can use NFTs to develop unique digital artwork and 3D designs, digital sculptures, virtual reality experiences, memes, GIFs, and other content. They can also create collectibles, such as rare cards, comics, and digital trading cards, and sell digital goods like music and videos. These digital assets can then be collected and traded by other players, allowing creators to monetize their creations.
6. NFTs can be used as a form of investment.
NFTs can be an investment as they offer unique opportunities for people to make money. Players can buy and sell NFTs for in-game assets, cryptocurrency, or fiat currency. However, it is essential to research a project thoroughly before investing in it to reduce risk and maximize gain. Not all NFT projects are guaranteed to succeed, so those looking for fun should still enjoy the experience.