Now that we are already in the process of building Metaverse, both cryptocurrencies and NFTs are going to play a major role in this new virtual universe. While cryptocurrencies will provide a medium for secure value exchange in the Metaverse, NFTs will make it possible for the Metaverse users to truly own the characters in their favourite games and build their own reputation.
As of now, in the crypto space, most games operate on a play-to-earn model, where the players can win exciting rewards including free tokens while playing their favourite games. The tokens are offered for every successful task or stage you complete in the game. The goal is to accumulate the tokens and then encash them or swap them with other cryptocurrencies.
But, nowadays, with NFTs coming into play, crypto gaming is evolving and players now have better and more ways to earn from crypto, including participating in NFT trading of popular game characters.
Why investing in NFT gaming projects is a good idea
NFTs will have a big role to play in the future of Metaverse. People have always loved games. And if the game is exciting and FUN, people will not only buy the token for trading but also actually participate and play the game. And THIS is what will help the Metaverse grow. Good, creative NFT gaming projects like Sharp Bunnies are definitely worth your time and money.
Let’s talk about some gaming projects that are offering great value to the players using NFTs and crypto.
#1 Doxy
Doxy is an NFT and sports fantasy project that is now changing the way people consume sports and games. Doxy is a perfect combination of Blockchain Technology, Cryptocurrency, Metaverse and Web 3.0. This project is providing endless opportunities for earning just by trading in games. The complete Doxy project is divided into two parts i.e. Doxy Finance and Doxy Exchange. Users can trade Doxy Tokens and exchange them with fiat currency at Doxy Finance. After purchasing Doxy Tokens, users can trade Doxy Tokens in various live sports, and on players as well at the official website. You can then manage all the earnings again with Doxy Finance.
Since Doxy is a Blockchain and Web 3.0 project, the system ensures transparency and smooth workflow. Doxy is one of the best gaming and sports fantasy cryptocurrencies that can make you rich, according to people’s interests and the growing popularity of the project.
#2 Engine
Engine Coin or ENJ is a cryptocurrency backed by an NFT platform that allows developers to tokenize their digital assets and assign them value for use in games. In other words, it’s a platform where developers can build their own games and NFT tokens for games. For example, if you want to build your own game on the blockchain, you can use Engine’s ready-to-use platform. As of date, ENJ is one of the most popular NFT projects.
#3 Decentraland
Decentraland is another popular NFT gaming platform. It’s more or less like second life, where people can live in a virtual world, buy lands and create their homes and work in the Metaverse and use cryptocurrencies for transactions. Decentraland has its own cryptocurrency called MANA, which can be used to play in casinos as well as can be traded for other things within the game. You can become a part of the project by purchasing land in the game or by simply buying their token.
#4 Sandbox
Another popular NFT project for gamers is Sandbox. The platform is built on the Ethereum blockchain and involves players creating and selling NFTs in the Sandbox marketplace. Furthermore, players can purchase in-game tools and digital assets using the native token, Sand.
The NFT gaming space is growing at a much faster pace than anyone would have possibly imagined a few years ago. Many new NFTs and blockchain games are being developed daily. Of course, not all of them are worthy. So, do your own research before investing in cryptocurrencies.
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