How NFTs will change the way we play – play to earn
It’s a beautiful time to be in crypto thanks to the wave of innovations coming from the industry. According to experts, the industry is still in its infancy as there are several technological milestones that have not been reached yet.
To put this into perspective, if the crypto industry is a computer, we are still in the floppy disk age. That means there is so much more to come. One segment of the industry that is catching the attention of institutional investors is NFTs and games to earn.
What is special about NFTs and Play to Earn?
Non-fungible tokens – or NFTs as they are called for short – are tokenized assets via a blockchain. They are assigned unique identification metadata and codes that distinguish them from other types of tokens.
NFTs can also be exchanged and traded for crypto, or even fiat money. It simply depends on the value the owners and the market place on them. For example, you can create a token or use a crypto exchange to design a piece of art. To some people, your NFT may be worth millions of dollars, while to some, it may not be worth as much.
This also applies to cryptocurrencies; However, the primary difference is that two digital currencies are interchangeable when they are from the same blockchain. This means they are fungible. This also means that two NFTs can look identical and they are from the same blockchain, but they are not interchangeable.
That’s what makes NFTs special.
On the other hand, playing to serve is the new kid on the block and gets a lot of attention. Why you may ask? Just as the name suggests, play to earn allows players to earn some form of income (mostly cryptocurrencies) while playing.
The gaming industry has been in need of some form of innovation after reaching its peak in recent years. Fortunately, play to earn came to the rescue and the industry hasn’t looked back since. Literally, games to earn has ushered in a new dawn and a new generation of games.
How NFTs give you digital ownership
When someone buys a unique piece of art or digital property, an NFT is the proof of ownership. In most cases, the original designer must own a stake in the final product, so that digital property remains rare.
The basic definition of ownership in NFTs is based on smart contracts and it must be on a blockchain. The owner has exclusive rights to any crypto asset purchased as an NFT on the blockchain. Although the NFT industry is experiencing a kind of hiatus, by merging both play to earn and NFT into games, it is in the process of being revitalized beyond its borders.
How Pikamoon uses NFTs
Just like we mentioned earlier, the game to serve industry has been at the forefront of innovation in the crypto industry. There are several games that have been released over the past few months, but one standout project that has everyone excited is Pikamoon.
Also, Pikamoon Adventure is not just your usual game to earn games, the developers have managed to incorporate NFTs into the game. Firstly, the project’s developers offer the first 18,012 users a unique first-generation embossed NFT. However, it comes with a catch. To redeem this NFT, you must join the whitelist.
By joining the Pikamoon Whitelist, you have more behind-the-scenes access to the project and most importantly the token presale. That’s not all, games can also connect the NFTs to the game and use them as in-game avatars.
Pikamoon adventure also comes with several other exciting features as it is built on the latest Unreal Engine 5. Most importantly, the era of gaming for fun is over, now with games to earn on Pikamoon you can enjoy gaming and earn a decent income – sometimes even more.
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