With the emergence of Web3, video game developers started offering players of all ages and knowledge levels a more immersive experience than ever before. Regarding play-to-earn (P2E) games, players can now purchase and own in-game assets like weapons, skins, and even virtual patches of land in the Metaverse.
The players can win these virtual assets and trade them for financial rewards. Thanks to the P2E model, gamers can make a bang for their buck by playing the games they love, and gaming companies can attract more players. No matter how you look at it – it’s a win-win situation.
What Exactly Are P2E NFT Games?
P2E NFT games are blockchain-based games that utilize non-fungible tokens (NFTs), character skins, or even crypto coins to reward players. As a player, you can earn these rewards by simply playing the game.
The logic behind the P2E model is that by playing the game, you are providing value to the game company in the form of engagement thus, you should get compensated for your time and effort.
How Does the P2E Model Benefit Developers?
Of course, the game developers will not give away their in-game assets for free. However, the P2E model benefits developers in several ways.
For starters, many of these games are free, the developers make money through player transaction fees and ad revenue. Some games like Axie Infinity require players to buy certain assets before entering the game.
In other games, the assets players need to buy are used as an in-game currency. For example, in Decentraland, the player must have MANA, the game’s official currency, before buying any actual land.
Top P2E NFT Games
Yes, we hear you – enough about the technicalities – you want to know which games you should be playing. And we don’t blame you. So, without further ado, here are the top P2E NFT games to take advantage of:
Do you like racing games? And you’ve always dreamed about winning the Kentucky Derby? In that case, do we have a game? Silks allow players to experience the high-speed, high-stakes world of thoroughbred horse racing.
What’s more, the game utilizes NFTs to represent both the horses and jockeys in the game.
Silks allow you to buy, trade, and interact with horses. Once you have your avatar, you can purchase a virtual horse directly linked to a real-world racehorse. Every time a horse in the real world wins a race, you earn $SLK tokens.
In Decentraland, players can experience an ever-evolving 3D world and own virtual land. What can you do in your virtual land? Well, the possibilities are endless. You can build a casino, a nightclub, or even an NFT gallery where you can sell art.
Back in October 2021, the game played host to the Metaverse Music Festival, with Deadmau5, 3LAU, and Paris Hilton headlining. You can find two types of tokens in Decentraland – MANA, and LAND. You need to earn MANA tokens to buy LAND NFTs.
Splinterlands is a card game where players can battle it out with their favorite monsters in the form of digital cards. The game utilizes the HIVE blockchain technology to store player data and transaction information securely and transparently.
Two hundred eighty-three cards can be combined to improve overall stats, increase strength, and battle opponents. In addition, the player has two currencies: $DEC for trading in-game assets and $SPS, the governance currency of the game.
In the last spot, we have Gods Unchained, a tactical card. The game was developed by the former director of Magic The Gathering: Arena. Gods Unchained requires players to outsmart their opponents by building decks that will enable them to use a variety of wat tactics.
You can use $GODS tokens to collect cards and participate in head-on matches with other players. Since its launch in March 2021, players have bought more than $52 million worth of in-game assets. With more than 13 million NFTs and 65,000 players, the game is showing no signs of slowing down.
P2E games are becoming increasingly popular, with more and more players looking to get their hands on some in-game assets. The games listed above are just a taste of what’s available out there.
So, if you’re looking for a way to earn some NFTs, then you should definitely check out a P2E game. Who knows, you might even find your new favorite pastime.