Developing Play-to-Earn Crypto Games – Is it a Good Investment?

In today’s world, where blockchain technology has started becoming mainstream and NFTs have started to evolve more and more, it is important to know that the gaming industry was one of the first adopters of these non-fungible tokens. The gaming industry has started moving from individual games to more community-based ones, with deliberate scarcity to simulate the real-world experience.

In such NFT-based games, games that enable its players to earn while playing are getting famous currently.

Games like Axie Infinity, Decentraland, and Sandbox have a massive user base consisting of NFT and crypto enthusiasts and some gamers.

Some people have even declared playing such games as their sole income source and this trend is only expected to rise.

If you are a start-up enthusiast who has been planning to begin a venture but could not come up with an impressive idea, then this blog is for you. Here, we provide valuable information on starting a business based on play-to-earn games.

Before Everything, NFTs in Games – Why?

NFTs (Non-fungible Tokens) are digital tokens with a unique value recorded on the blockchain. Using these, one can prove the ownership of a particular asset and its authenticity. The gaming industry wanted just this and games based on NFTs were either created from scratch or modified from existing games. Some reasons why NFTs could prove to be a game-changing aspect in the gaming industry include:

Source: https://www.finextra.com/blogposting/21848/developing-play-to-earn-crypto-games–is-it-a-good-investment