Absolute Reports predicts that the Play-to-earn (P2E) gaming industry will have a global worth of around $2845.1 million by the end of 2028. Already, there are countless fantastic NFT games out there, with some of them boasting AAA game quality.
These games rely on crypto investments and the trading of NFTs, which prove ownership of in-game assets. If you’re looking to explore the NFT landscape, we’ve got you covered with this short guide.
Choosing a Game
NFT games align with typical genres, which makes it easy to carry out research and make an educated guess on enjoyment level before investing. For example, if you currently enjoy open-world games full of combat and domination, you’ll love exploring the never-ending world of Cyber City Game. Alternatively, if you love real estate building simulators like City Skylines and Minecraft, you’ll fall in love with the vibrant world of Decentraland.
Considering NFT games require an initial investment alongside purchasing in-game NFTs to progress, you may wish to dip your toes with a free-to-play game first. This allows you to trial game mechanics before parting with your hard-earned cash.
Creating a Wallet
Before you start playing NFT games, you’ll need to open a cryptocurrency wallet, which will be used to store your in-game assets. There are many different types of crypto wallets, and it’s your responsibility to ensure your chosen platform is secure. The best way to do this is to read user testimonies and check out press releases. To point you in the right direction, read this article on the best NFT wallets in 2022.
Once you’ve set up your wallet, you’ll need to buy cryptocurrency in your chosen game’s native coin. There are a couple of ways to invest in cryptocurrencies including:
- Decentralized exchanges (DEX). Many games and coins use DEX, which means you can only buy assets with cryptocurrencies. Therefore, you may need to invest in Ethereum initially and exchange it for the game’s native coin through the DEX. When it comes to NFT games, wETH and ETH are the coins you should hold in your wallet.
- Centralized exchange (CEX). The majority of crypto coins can be purchased through a CEX, meaning you can use your credit card. If you’re a beginner, this is the easiest method, but be warned that you’ll have to go through a series of authentications.
With your cryptocurrency secured, you’re free to explore NFT marketplaces and get started. Many games use exclusive marketplaces, meaning you should visit the game’s website to find the link.
Once You’re In
After investing in native coins and buying your NFTs, you’re ready to get started with the game. As with many other games, you may need to create avatars before you get started. To progress, you will need to buy more NFTs and trade assets with other users, which helps to support the infrastructure.
NFT games are exploding in popularity. Getting started is easy, all you need to do is choose a game, open a crypto wallet, invest in native coins, and explore the game’s starting NFT pool.