Learn more about blockchain games and how they are changing the gaming industry with cryptocurrency and NFT technology.
2023 is shaping up to be a breakthrough year for NFTS, and many new blockchain-based games are sure to join the bustling industry. With so much hype and excitement coming from developers, artists, traders and more around these high-stakes digital commodities, it can be hard to know which NFTs will be making waves in 2023 — but don’t worry!
We’ve compiled a list of the top 10 most anticipated and buzzing NFT and blockchain games that you should keep your eye on if you want to stay ahead of the curve in this ever-evolving market. So whether you’re an investor looking for profits or a trader curious about what’s popping off next year — buckle up because these upcoming projects have us all excited!!
A blockchain game, also known as a NFT or crypto game, is a video game that uses blockchain technologies such as cryptocurrencies and non-fungible tokens (NFTs).
For starters, blockchain games are video games that use blockchain technology. Those games use cryptocurrency, non-fungible tokens, or both, making the games’ inbuilt economies directly connected to the real world.
Such features allow users to earn money as they play. They can be rewarded with the game’s native tokens while playing and later trade the tokens for other valuable cryptocurrencies or fiat money. Explore in details difference between crypto games and traditional games.
Blockchain games are owning the spotlight in the gaming industry because they come with a series of benefits for the players. Here are some of its most popular advantages:
Play-to-earn games: It’s only natural that blockchain games would also incorporate cryptocurrency technology in their core.
Play-to-earn games present an in-game economy where players can earn native tokens when completing gaming activities, such as winning battles and leveling up characters. The game tokens have real-world value and can be traded in crypto exchanges.
NFT games: As NFTs represent the ownership of a unique digital asset, in the gaming world, it means that players can now have one-of-a-kind game items in and outside the game.
NFT games provide players with unique, indivisible, and decentralized digital assets that can rise in value over time and become a profitable investment. Read in this article more about GameFi blockchain mechanism.
Making a profit from games isn’t a new concept. Players have been doing so for years by purchasing and selling in-game goods and cheat codes. Later, elite gamers and streamers also established professional careers with their gaming abilities.
The play-to-earn approach in blockchain games expands on this notion by allowing regular players to earn money while playing. They can collect assets with real-world financial value and earn tokens that can be traded for fiat money. Unlike other digital commodities that players purchase, sell, and trade, blockchain-based awards keep their value and transfer ownership to users outside of the gaming environment.
For example, in a MOBA (Multiplayer Online Battle Arena) like League of Legends, a player may spend some cash on a rare weapon. Still, if the game were to shut down tomorrow, that asset would cease to exist, and the person would have no means of recouping their investment. However, in blockchain games, the transaction is recorded on a ledger that displays evidence of ownership. Your crypto coin or NFT will not vanish just because the game where you earned them has ended.
But players aren’t the only ones winning with blockchain games, as creators have a fair share of benefits as well. The games that aren’t free to play gain upfront cryptocurrency deposits, and the free ones, are profiting millions of dollars by selling NFTs and raising the value of their native tokens.
Many popular blockchain games require upfront payments, sometimes asking the player to buy a few tokens or NFT characters.
The popular game Axie Infinity, for example, demands new players to purchase three Axies, NFT characters, that can cost from a few hundred dollars to thousands of dollars. Because of that, many people give up on this type of game as they would have to spend a significant amount of money before earning any.
Fortunately, some blockchain games do not require any initial investment. Those free-to-play games have the same characteristics of allowing users to generate revenue, so they are in great demand among players. In the blockchain game list, we’ll be displaying next, you’ll find some great free-to-play game options.
Blockchain gaming is one of the few industries that hasn’t been affected by the recent economic instability. In fact, there are currently 398 active and 1,179 total blockchain games, defined as having at least one active wallet within the game in the previous 24 hours, according to DappRadar. That’s a 71% rise over the previous year.
NFT gaming is the latest trend in the world of cryptocurrency and blockchain, and 2023 is expected to be an exciting year for gamers. With the introduction of new blockchain-based games, such as Lucky Block (LBLOCK), Silks (STT), BitStarz, Axie Infinity (AXS), Cloudbet, ICE Poker, BC.Game, Bitslot, Decentraland (MANA) and JackBit, gamers are sure to have plenty of options when it comes to engaging gaming experiences.
The 10 most buzzing NFT games for 2023 boast impressive features that make them stand out from traditional games.
Lucky Block provides players with a unique mining experience where they can harvest resources and craft items from a randomly generated digital world.
Silks is an online trading card game that allows players to purchase digital assets using the STT token.
BitStarz is a casino game using Bitcoin or Ethereum blockchain technology that allows users to play different slot games and table games with a real cryptocurrency.
Axie Infinity gives players an opportunity to battle mythical creatures by collecting and raising cute fantasy pets called Axies while enjoying a vibrant 3D world.
Cloudbet boasts over 2 million customers who get to choose between sports betting across all major sports leagues or playing popular casino games like blackjack and slots with real money or cryptocurrency rewards.
ICE Poker leverages blockchain technology for secure peer-to-peer transactions and attracts thousands of poker enthusiasts who can enjoy playing Texas Hold’em No Limit against each other for real money prizes.
BC.Game introduces an innovative strategy game with NFTs as its main currency giving players access to exclusive content from their favorite influencers with huge rewards along the way.
Bitslot features various thrilling slot machine titles powered by Ethereum blockchain technology, giving users huge jackpots on top of regular winnings when playing their favourite titles at this revolutionary casino platform.
Decentraland combines virtual reality aspects with decentralized technology allowing users to create 3D worlds in virtual space using MANA tokens as currency while playing mini-games in this virtual universe alongside friends or AI characters created by other users.
Lastly, JackBit delivers an excellent card battle RPG introducing unique animated cards, each offering unique powers so players can customize their strategies according to the cards they own while exploring a mysterious world full of adventures and surprises awaiting around every corner!
GamesPad believes the blockchain gaming business to be the first glance into a major change that has yet to be seen in the gaming industry. As we like to be pioneers in everything blockchain-related, we support the most promising gaming, NFT, and metaverse-related projects through our GameFi launchpad and incubator.
You can join the blockchain movement by investing in profitable projects through our private and public sales. With our secure and reliable platform, you can start building your crypto portfolio and make some money in no time.
Besides being fun, blockchain games can also become an excellent investment and income stream. Pick a game and start making money today!
Would you like to start investing in the most impactful crypto gaming, NFT and metaverse projects with GamesPad? Learn how in this comprehensive tutorial!
Disclaimer. This material should not be construed as a basis for making investment decisions or as a recommendation to participate in investment transactions. Trading digital assets may involve significant risks and can result in the loss of invested capital. Therefore, you must ensure that you fully understand the risk involved, consider your level of experience, investment objectives, and seek independent financial advice if necessary.
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