How to get started with Play-to-Earn Games?
The advancement of technology has been a blessing of every kind to different world sectors. Throughout the history of gaming, even before the advent of mobile-first games, video gaming has been an important source of fun and pleasure.
However, innovation has given birth to the newer generation of video games that uses blockchain technology to reward users. Although not new, play to earn games continues to provide means of livelihood for people in some countries of the world.
Apart from having fun, gamers can now earn actively or passively through NFT or token rewards while playing their favorite game. Apart from this, scholarship programs and academy education provide players with assets to navigate their virtual world and earn.
In fact, at the end of 2021, statistics revealed that there are more than 1.4 million active wallets linked to gaming Dapps. The number continues to grow, especially with the advent of more immersive and innovative titles and genres.
However, despite its popularity, many people still find it difficult to figure out how to get started with play-to-earn games. Fortunately, this guide will take you through tips and important steps on how to get started with play to earn games.
What are play-to-earn games?
As the name implies, play-to-earn games are video games that provide monetary rewards and incentives for players' participation. While video gaming has only been a source of fun, blockchain and play-to-earn games have literally changed the tune.
Play-to-earn models of games usually feature fungible or non-fungible tokens. Unlike regular games where in-game assets are held in data storage owned by the gaming company, blockchain gaming gives players true ownership. Also, players can freely own in-game assets and even sell them off in marketplaces.
How to earn with play-to-earn games?
Essentially, participation is the key to earning in-game rewards in play-to-earn games. Players earn crypto or NFT rewards by participating in game modes, completing tasks and duels, defeating opponents, and engaging in other gaming activities. Passive activities, including staking, farming, and renting, are also good earning methods in blockchain games.
Determining the mode of reward is important when getting started with play to earn games. Some games offer rewards in cryptocurrencies.
- It can either be the game's native currency like in Axie Infinity or Plant VS. Undead.
- Alternatively, rewards can be offered in already existing coins or tokens. For example, Sorare.
Apart from crypto, players can also earn rewards in NFTs.
Useful Tips on How To Get Started With Play To Earn Games
To the question: how to get started with play to earn games. It's pretty simple and easy as long as you follow the right guide.
However, getting started is extremely important to guarantee success in play to earn games. What are the factors to consider when getting started with play to earn games?
Before getting started, it is vital to consider the following:
- Plan Out Your Goals
There are thousands of crypto games, with hundreds of new ones emerging every day. However, how do you pick the right one? Planning your goals is perhaps a good determinant of your success in crypto gaming.
Starting out, you must decide the type of game and gaming experience you want. This boils down to the title and genre of game, for example, RPG, FTS, soccer, MMORPG, TBS, and others.
On top of this, you must decide how much time and money you are willing to invest in your gaming experience. For instance, there are free-to-play games that offer premium gaming experiences to players for free. Although earnings can be limited, some players prefer starting lightly.
On the other hand, some games require a certain entry fee or purchase. However, it is recommended to start modestly with blockchain gaming.
- Decide Your Reason: Crypto or NFTs or Both
Another important aspect of how to get started with play to earn games; is choosing the reward method. Play to earn games offer their rewards in fungible or non-fungible tokens. With fungible tokens, players can earn rewards in cryptocurrencies that can either be the in-game currency or other existing coins.
Also, players can earn their rewards in NFTs which can be any valuable in-game asset. Meanwhile, players can sell any of these assets in-game or in external marketplaces.
Now to the question, is it crypto, NFTs, or both? You can always assess the pros and cons of each.
- Choose Your Preferred Game
The right or preferred game won't always show up out of the blues. A little research goes a long way in making sure you're doing the right thing. Fortunately, several NFT and gaming aggregators provide information about these things. Blockchain game explorers like DappRadar, Kickstarter, and even Coinmarketcap are important to check out the list of best games.
You can easily sort them out by genre, reward method, blockchain platforms, and many more.
How To Get Started
- Create a gaming account and connect your wallet:
After choosing a preferred play to earn game, you must create a gaming account with the game and connect your wallet. The type of wallet generally depends on the game's blockchain. For instance, Metamask is good for ETH games, Phantom or Sollet for Solana. With this, you can easily make in-game transactions and purchases easily with one click.
- Buy Crypto To Pay Gas Fee:
This is where planning comes in handy. Before making any transaction or even purchasing starter packs in your game, you must ensure you have enough cryptocurrency to pay gas fees. However, the type of coin you'll get depends on the blockchain of the game. For example, Axie Infinity is based on Ethereum - therefore, the fee is always high. You can consider layer-two Ethereum games based on Immutable X or Polygon, as they incur low gas fees. You can get these cryptocurrencies on various exchanges easily.
- Buy Starter Packs And In-Game Items:
For most games, players must purchase starter items or, better still, in-game NFT items like avatars. For example, the Axie team in Axie Infinity. With this, players can easily access the gameplay and its earning opportunities.
- Have Fun:
After setting up your account, it's time to delve into the game. As a newbie, it's important to get yourself familiar with the gameplay. You can even come up with strategies and tactics to improve your winning rate. As you progress, you can continue to explore other means of earning while having unlimited fun.
While play-to-earn games may not be something new, the newest selling point in these games is the experience and innovation. Play to earn games continues to bring revolutionizing gaming experience to their players.
With play to earn games, players can enjoy a truly immersive and amazing gaming experience in addition to high-definition visuals. On top of this, players can also own their in-game assets.
Play to earn games has grown exponentially in adoption. It has raked in more than $21 billion in 2022 and continues to grow exponentially year in and year out. With this growth, we can expect further exponential growth and even probably take over from the traditional gaming world completely.
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