Web3 is a revolutionary market bringing in storming technologies like blockchain, cryptocurrencies, and Non-Fungible Tokes (NFTs). NFTs are the cryptographic assets that give ownership to the holders, which can be traced anytime and anywhere using blockchain technology. The read-write-and-own internet, allows users to take high advantage of the digital assets.
NFTs are minted for diverse domains, and the most prominent one of them all is games. We, as millennials, have always heard an earful for playing day in and day out. With this blockchain technology, the creation of NFT marketplaces for games will make gamers earn quite some bucks for playing. How interesting is that! Looking a bit deeper into the essence of it, this blog will elucidate on the NFT play-to-Earn games and their trading platforms.
Lists of P2E Gaming Marketplaces in the Web3 Industry
Jump.trade
Jump.trade, an NFT Marketplace was first launched as a collection of cricket NFTs which then later launched back into the cryptosphere as a full-fledged, cricket game developed on the Metaverse. Additionally, it is also recorded that more than 55,000 NFTs were sold in just 9 minutes of its opening.
One of the industry’s top Gaming NFT marketplaces, Jump.Trade offers Meta Cricket League as the world’s first NFT-based cricket game, that revolves around the player. The marketplace allows cricket fans to have fun with the gaming community. The purpose of their game is to offer the user a chance to earn through playing and interacting via the game.
The gameplay of MCL depends upon the strength of the players and bats the user owns, like Rookie, Epic, Legend, Rare, SuperRare, Ultra Rare, and Immortal. It is also expected that the NFT trading community is highly expectant of the next upgrade available in the marketplace, which has the speculations to be magnificent drops of dynamic assets in the market.
Axie Infinity
Axie Infinity is a gaming platform that is well-established in the crypto ecosystem. It is a digital universe for pets (Axies), where the users can battle it out, raise the pets and trade the Axies, the NFTs of the platform. The pet Axies can be bred within the platform’s constraints, where these offspring can be sold again as NFTs on the primary marketplace. These newly minted NFTs seem similar to that of the Pokemons that we are very familiar with,
The total value of Axie Infinity’s overall revenue so far has been close to $120 million last year. Which totals the established player base to be more than 350,000 making up to $1200 per player each month. And did you know for a fact that in countries like Phillippines and Vietnam, people are quitting their well-paid jobs to allocate themselves all the time in the world to play Axie Infinity?
Splinterlands
One other game that is going viral amongst Web3 gamers is the Splinterlands. They are a card trading game built using blockchain technology. The user can have a splendid gaming experience by buying a pack of cards or participating in quests to win rewards. This increases the chances of gaining rare NFTs as rewards. These rewards are usually expensive and rare NFTs that are available in the Marketplace. The users can access these play-to-earn NFT games and the in-game assets for the Dark Energy Crystals (DEC), which are the native tokens of Splinterlands. The DEC tokens are exchanged for both cryptocurrencies and fiat currencies. This fantasy NFT Play-to-Earn Game, sets itself apart from others in that the user can have an enticing gaming experience with six powerful kingdoms battling for the land’s control. The total established user base for the Splinterlands who are trading real money in millions has crossed thousands of players around the world.
Zed Run
Zedrun is a virtual horse racing NFT gaming platform created by Virtually Human Studio based in Australia. On these platforms, players can buy, breed, and sell their horses. Horses are the NFTs of the platform, so players need to buy horses to do other activities like cooking and selling. The most distinctive feature of this platform is that all horses differ in genotype, pedigree and performance on the track.
How to make big bucks in the era of Play-to-Earn NFT games?
The world is moving at a much faster pace and we have no other option than to catch up with it! Sounds tough and it is.
With more and more people getting into technology and adapting the new online gaming platform with Web3’s involvement, the games and the monetization model they use are ought to be refurbished every now and then. The non-fungible tokens made available to the users as in-game assets, allow the user to get hands on that ownership. The exclusive and customized art pieces minted as NFTs, with the help of blockchain technology are collected and traded for a much more profitable rate. Some of the revenue models with which the user can make some big money in an NFT marketplace are initial set-up fee, hosting fee, minting fee, listing fee, transaction fee, and much more.
So, ponder over the endless possibilities of assets and resources that will offer additional value to the gaming experience, and also a futuristic investment at the same time!
Closing Thoughts!
At the end of the blog, the conscious set of exploring an NFT platform is the right decision due to their huge demand. By adding NFTs to their brand experience, an already well-known brand guarantees a strong crypto ecosystem. Multiple NFT marketplaces are launched daily with all other talents like fashion designers, artists, photographers, gamers, sports fanatics, real estate owners etc. The brand can be accessed even online, using many intangible assets, with complete privacy and security. It is undoubtedly the most valuable investment opportunity. Do you have a unique project idea and are you looking for qualified developers to build a specific project? Then navigate to your unique business!