Home // PIKA News // 7 Major Advantages of NFT Games
NFT games blend the excitement of gaming with the tangible benefits of digital ownership and financial rewards. These innovative digital experiences are redefining traditional video gaming, offering players unprecedented new opportunities.
This article lists seven compelling advantages of playing NFT games highlighting why they are a source of entertainment as well as a groundbreaking transformation for the gaming industry.
Let’s find out what makes NFT games a game-changer!
Table of Contents
First and foremost, the most significant advantage of NFT games is the ability to earn real-world value through in-game activities. Players can accumulate digital assets or financial rewards simply by investing time and effort in playing the game.
Unlike traditional games, where the rewards are purely virtual, NFT games allow players to convert their in-game achievements into tangible financial benefits. This trend has led to the emergence of several popular NFT games known for their earning potential.
For instance, Pikamoon recently distributed a $10,000 prize pool among the top 100 beta players. In addition, the PIKA Arcade is launching soon, offering even more earning opportunities in the form of gems that can be converted into PIKA (the in-game currency of Pikamoon). Players can engage in arcade games before the full game release, unlocking extensive play-to-earn opportunities.
This model not only enhances the gaming experience but also provides substantial financial incentives, making NFT games a lucrative and engaging pastime.
Moreover, many NFT games incorporate additional incentives such as staking rewards, achievement-based NFTs, and participation bonuses, further enhancing the financial potential for dedicated players. For a detailed discussion, read our guide on how to make money with NFT games.
NFTs provide players with provable ownership rights over their in-game assets, such as characters, skins, weapons, or virtual real estate. This ownership is recorded on the blockchain, ensuring that the assets have only one owner and cannot be duplicated by anyone anywhere again.
Players can then securely trade, sell, or rent these assets, creating a decentralized and player-driven economy within the game’s ecosystem.
While some NFT games require an entry cost, many adopt a free-to-play model, significantly lowering the barrier to entry and enabling a broader audience to participate without any initial financial investment.
This inclusivity ensures that more players can join the gaming community and reap the benefits of NFT gaming. For instance, Pikamoon beta is a free-to-play game that anyone can download on their Android or iOS devices to start battling Pikamoons in PVP and MOBA scenarios.
Players can earn valuable cards and items through gameplay, which can then be traded or sold in the marketplace, providing financial benefits even to those who start with no monetary investment. This model democratizes access to NFT games, making them accessible to a broader audience.
For tips on selecting the best NFT game that suits your preferences, read our guide on how to find the best NFT game.
Another great advantage of NFT games is that NFTs allow for cross-game compatibility, meaning players can use their digital assets across multiple gaming platforms. This interoperability enhances the overall gaming experience by enabling players to transfer their in-game items between different games, thereby expanding the utility and value of their assets.
A notable example is “Enjin,” a blockchain gaming platform that supports the creation and integration of NFTs across various games. Enjin’s ecosystem allows players to use a single set of NFTs in multiple games, increasing their versatility and value. This cross-platform compatibility fosters a more interconnected gaming environment, where players’ investments in digital assets are not confined to a single game.
The novelty of NFTs in Web3 gaming offers a significant investment opportunity for in-game collectibles. Especially scarce items, which are highly sought after by other players, can appreciate in value significantly, providing the owner with a powerful return on investment (ROI).
A prime example is “Axie Infinity,” wherein players breed, raise, and battle fantasy creatures called Axies. Each Axie is an NFT, with its ownership and transaction history publicly verifiable on the blockchain. This system guarantees that the Axies are genuinely scarce and valuable. A notable instance of this value is the sale of Angel (a Mystic Axie) for 300 ETH in 2021, which was approximately $1.2 million USD at that time.
These digital collectibles are prized for their uniqueness and historical significance as some of the earliest NFTs. The potential for high returns attracts investors and collectors who see the value in holding rare and desirable digital assets.
(A highly rare Pikamoon NFT card)
Unlike traditional games, where development decisions are often made behind closed doors, NFT games frequently involve their player base in significant ways. This involvement can take many forms, from feedback sessions and beta testing to more structured roles in game governance.
In the context of NFT games, Decentralized Autonomous Organizations (or DAOs) enable players to have a direct say in the development and governance of the game.
For example, “Decentraland” has a DAO that lets LAND owners vote on policy updates, auctioning new LAND, and other changes to the platform. The Decentraland DAO manages millions of dollars worth of assets, reflecting its significant influence over the game’s future.
This participatory approach ensures that the game evolves in ways that reflect the desires and interests of its most dedicated players, fostering a stronger sense of ownership and commitment.
NFTs introduce unique gameplay mechanics that are not possible in traditional games. By capitalizing on the unique advantages of blockchain technology, game developers often create novel features and experiences that enhance gameplay and player engagement.
You might have heard about “CryptoKitties,” which popularized the concept of breeding and collecting unique digital cats. Each CryptoKitty is an NFT with distinct attributes, and players can breed them to create new, one-of-a-kind cats. At its peak, CryptoKitties accounted for 25% of Ethereum’s network traffic and some kitties sold for over $100,000.
Another example is “Sorare,” a fantasy football game where players buy, sell, and trade officially licensed digital player cards. Sorare has partnered with over 140 football clubs worldwide, and a unique Cristiano Ronaldo card was sold for nearly $290,000. These innovative mechanics not only provide entertainment but also introduce new ways for players to interact with and invest in the game world.
Ready to avail the many advantages of NFT gaming? Don’t miss out on the chance to be part of the Pikamoon Beta!
Pikamoon offers a unique blend of immersive gameplay, financial rewards, and digital ownership. Download the Pikamoon Beta on your Android or iOS device and start battling Pikamoons in PVP and MOBA scenarios. Earn valuable NFTs and unique game items, and be among the first to explore the full potential of this groundbreaking game.
Download Pikamoon Beta Now and Join the Adventure!
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic's opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.