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This is why NFT games will change the gaming industry forever

This is why NFT games will change the gaming industry forever

The NFT games business has exploded in popularity as a result of the COVID epidemic, and is on course to generate $180 billion in sales by 2021. At the same time, there are obstacles, and the sector is ready for upheaval. Blockchain games with earn-as-you-play features and non-fungible tokens are set to permanently alter the scene.

You’ll discover in this article:

  • What are the gaming industry’s current issues 
  • What are play-to-earn NFT games 
  • How do they address the gaming industry’s current challenges 
  • What has to happen for P2E NFT games to become widespread

Continue reading to see what makes this new generation of gaming so interesting.

What are the gaming industry’s current challenges?

Pay-to-play, free-to-play, season passes, and downloadable content (DLCs) have all become very popular and profitable business models for nft games free to play. However, each of these has trade-offs.

1. The conventional approach – “Pay-to-Play” and downloadable content

While the pay-to-play business provides an engaging gaming experience, there is an entrance hurdle. You must pay for the game in advance, and in certain situations, you may also need to purchase an expensive gaming device or computer to run the game successfully.

After a game is released, game companies typically issue DLCs or season passes that feature more missions, characters, and goodies. The issue here is that some studios have abused this by releasing sub-par goods at launch and attempting to remedy them via different updates. Certain content is even hidden behind DLCs or season passes, requiring you to pay an additional fee to get the complete gaming experience.

2. Microtransactions and the “Free-to-Play” paradigm

Free-to-play League of Legends and Fortnite have grown in popularity lately, particularly among mobile players, owing to the fact that gamers get the complete game for free. However, game companies get revenue via advertisements and microtransactions. It’s rather aggravating to see an advertisement flash up every ten seconds. Learn more about EA drops microtransactions.

To entice players to spend money, some game developers balance gameplay in favor of features that need microtransactions, such as goods with enhanced stats. This is referred to as “pay-to-win,” and it is infuriating for players who do not choose to or cannot afford to spend their hard-earned money on improving their in-game character quicker. That is why NFT games like Starcraft and League of Legends have formed the backbone of the eSports sector, since they are really a contest of talent, with the winner being the best player.

3. Establishing a Career in the Gaming Industry

It’s challenging for the typical player to establish a viable profession in gaming. If you’re really talented at a game, you may pursue professional status and join an esports team. However, only a select few achieve professional success, and a professional’s career is often brief.

Gamers may also try creating video on sites like as YouTube, Bilibili, or Twitch in order to make subscription fees or get sponsorship partnerships. However, you’ll need to begin promoting yourself and often “whale” on NFT games in order to cover all of the information. Additionally, it takes time to develop an audience before achieving success.

Finally, apart from these gaming economic strategies, players are mostly at the mercy of game publishers nowadays. While players may have paid for in-game skins, characters, and stuff, the game publisher maintains them all and may simply choose to remove them or even ban / terminate your account. Additionally, game publishers have strict restrictions on how in-game characters and objects may be traded, since they want the largest number of players to purchase their NFT games or pay for stuff.

This is why NFT games will change the gaming industry forever

So, what are play-to-earn non-financial-transaction NFT games?

Play-to-earn is precisely what the name implies – you play a game in order to earn money, in this instance, cryptocurrency. This adds another layer of complexity to video NFT games, shifting the emphasis away from pay-to-play or pay-to-win and toward play-to-earn.

NFTs (non-fungible tokens) are digital tokens that are one-of-a-kind. They denote ownership of Internet-related objects such as art, music, and memes. Characters, skins, weapons, and other in-game things may all be considered NFTs in the gaming environment.

Thus, play-to-earn NFT games enable players to earn money while maintaining total ownership of their characters and in-game assets.

How can play-to-earn NFT games address the gaming industry’s current issues?

The P2E model resolves some of the current concerns with conventional gaming, since the game itself is often “free,” and earning and spending money requires skill. The more skilful you get, the more crypto you earn to spend on character upgrades. While there will always be whales, you may now compete using the cryptocurrency you earned by playing the game.

P2E NFT games provide players with a new revenue source if they are not interested in becoming a dedicated eSports gamer or broadcaster. You may need to make an initial commitment, but if you play consistently, you will earn it back and more. This is especially effective in poor nations, where the profits on P2E NFT games far exceed the minimum wage. Are you not convinced? A 22-year-old man used the money he earned playing Axie Infinity to purchase two properties. This is a game-changer (pun intended) in and of itself!

Additionally, NFTs resolve the ownership issue. Because the majority of P2E NFT games are entirely decentralized, no one may terminate your account. You may trade, sell, or even lend your character to other players in a P2E game in return for cryptocurrency. This increases the in-game cryptocurrency’s value exponentially, since it is required for every transaction. The greatest aspect is that gamers can immediately sell in-game bitcoin for cash, generating additional revenue from P2E NFT games. Click here to get about blockchain & cryptocurrency laws and regulations.

What is required for play-to-earn NFT games to become popular?

P2E NFT games need more time to build. At the moment, there are certain restrictions.

The most evident disadvantage is the complexity of installation. It’s simple to create a profile for a play-to-earn game. However, the difficult aspect is creating your cryptocurrency wallet. To get started, you may need to purchase some ETH or an in-game persona, which comes with significant gas costs. As a result, the NFT games remain relatively inaccessible to the typical player who has never dabbled with crypto.

Reasons why playing Axie Infinity is good for your brain.

Reasons why playing Axie Infinity is good for your brain.

We all love to play games. But we get some things from playing games that are good for the brain. Honestly, one might not know that there’s a way the brain is gaining more strength as we engage in playing games. I wonder why some parents restrict their kids from playing games. That’s, by the way. Playing games has a way of adding or contributing to the development of our brain. Some build-ups come with playing video games. I have seen the impact of playing video games in my life. So, I had to look deeply into it, and I concluded by saying, “every individual needs to be exposed to games that are educative.” Please keep following.

Generally, the game has a way of assisting the brain. I wonder why people think games are only meant for fun and earning a reward, best nft games like Axie Infinity is a game that is attached with tips that one can convert to real money. Apart from that, there are other benefits of playing Axie Infinity. Do you know that playing Axie Infinity is good for your brain? Of course, it is. So, I want to urge you to pay rapt attention to this write-up.

This article aims at informing those that think playing Axie Infinity is only about having fun and getting rewards that one can exchange for money. If you feel you are not interested in playing Axie Infinity because you already have some game that rewards you, you should think about the fact that you need this game to develop your brain. Virtually all games require concentration and attentiveness skills to achieve unquestionable success. But what you will derive from playing Axie Infinity is beyond fun and making money. This write-up focuses on Axie Infinity because I have seen some people who claim that there’s nothing much in playing this game except having fun and generating cryptocurrencies. So, I am here to show you the reasons why everyone must pay attention to this fantastic game.

With that said, here are the benefits of playing Axie Infinity to the brain;

  1. Memory: There’s no way to play games without focusing on strategies to win. The essence of playing the game is to be a winner. So, your focus on playing Axie Infinity will cause you to put your total concentration on it if you want to win. This point is not limited to Axie Infinity. If you’re going to win any game, you need to put aside or shun every distraction. By so doing, your brain is on the verge of development. If you are suffering from short-term memory and you’ve been looking for a way out, then you need to consider playing this unique game. There’s an assurance that if you spend much time Playing Axie Infinity, there will be a shift from your short-term memory to long-term memory.
  1. Spatial visualization: Playing video games has a way of improving your spatial memory. A study carried out by American Psychological Association in 2013 shows that playing video games enhances the way we think about objects in different dimensions. Gamers are healthier at judging distances between objects or psychologically revolving objects to imagine how they fit into a space.
  1. Problem-solving: One of the benefits of playing the game to the brain is the ability to solve problems. Games are always coded, and one has to think and look for a way to be the director for real. If you want to be relevant in playing Axie Infinity, you must strategically battle with other players. Trust me; if you have played some video games, you will see how your problem-solving ability increases. And as time goes on, you will begin to see the reflection of the problem-solving skills generated from playing games in your day-to-day activities. 
  1. Decision making: Generally, video games will improve your decision-making skills. Playing Axie Infinity will help you make decisions within the twinkle of an eye. There are times you need to make decisions very quickly while playing games. Therefore, you will have to stay calm and alert because once you fail to make a decision when necessary, you may have to suffer for it. The result might be that one is out of the game or has to start all over again. So, psychologically, the efforts you put in when you need to proceed to another stage while playing games will help you treat your day-to-day activities. When matters arise, your brain will quickly process them and look for a way out. 
  2. Mood: If you are looking for what to do to have great fun that will make you feel relaxed and unwind, you need to consider playing Axie Infinity. A game like Axie Infinity is complex and immersive. Therefore, it can be therapeutic. When you are bored, and life seems to be somehow to you, playing games is a perfect way of redirecting your brain to see another aspect of life. Hence, playing games can change your mood by shifting your brain to something more attractive. Also checkout why its hard for some people to play Axie Infinity on hobbigames.com/reasons-why-people-find-it-so-hard-to-play-axie-infinity
  1. Social skills: Some people think that playing games can make one have poor social skills or isolation, while others see playing video games as a way of improving one’s social ability. Of course, they are all speaking based on their ideologies. However, I want to chip in that spending all precious time playing video games can bring negative social impacts while moderate video games can improve one’s social ability and anxiety. 

Final words

Dear reader, I hope you have seen something profound here. Axie Infinity is more than having fun and getting a reward. It has a way of sharpening and improving one’s brain. Finally, I want to assure you that I’m always open to receiving and answering questions regarding this topic. Don’t hesitate to drop your question in the comment box if there is any—your opinion counts as well as your feedback.    

Reasons why people find it so hard to play Axie Infinity

Reasons why people find it so hard to play Axie Infinity

Hi there, I thought of something, and I feel like sharing it with you. I was thinking about the benefits of playing Axie Infinity, and I wondered why this unique game hasn’t made itself known to people in the world. I mean, the uniqueness in playing Axie Infinity should have been in the heart of the world to the extent that every adult must play this game on their mobile phones and get some rewards. Also, with the amount of money that I have made via playing this game, I am waiting to hear a massive turnaround from people in different places. Of course, I understand the fact that some areas have not heard about Axie Infinity.

On the other hand, some countries have heard about Axie Infinity. They have seen and heard people’s testimonies regarding this unique game, yet people still find it so hard to play this game successfully. At first, I thought of writing an article about playing Axie Infinity. I mean, I should provide a complete guide on what people should know about Axie Infinity. I took that step. I wrote articles on how Axie Infinity works. In fact, I pushed those write-ups on search engines. Then, I compared the rate at which those articles fly on search engines to the rate at which people are playing Axie Infinity. Then, I noticed that it didn’t tally at all. By now, I was hoping to see people flourishing in these play to earn games

The goal is to help the world. There are countless countries where their citizens are suffering from poverty. If this unique game can make its way to those countries, people will live a good and balanced life. 

So, I sat down and thought about some reasons why people find it so hard to play Axie Infinity. Trust me; I came out with something powerful and instructive. The fact remains that people are aware of this unique game. Some have played, and they lose money because they did not carefully pay attention to the game. 

Therefore, here are the reasons why some people neglected playing Axie Infinity;

  1. Psychological reasons: Winning a game begins from one’s mentality. If you want to play a game successfully, you must be sound psychologically. You must note that having a winning mentality carries the more significant percentage of one’s possibilities of winning that game. One can invest for real in Axie Infinity without having a winning mentality. So those who have tried playing this game and lost, stop playing. Therefore, let me quickly chip in this that if you want to play this game successfully, you must develop a winning mentality even before playing. If not, one might end up spending money and getting nothing as a reward. Click here to get more about players and planners psychology.
  1. Procrastinating: With the information some people have gathered about this game, they can’t give you a tangible reason if you ask them what they are waiting for. They just love postponing the day they will create their account and start playing. I want to urge you to rise and do the needful. I mean, do it now. Will you come out of procrastination today? You still have the chance to improve your status by playing this NFT game. If you continue to procrastinate, you will see many people leaving you behind.
  1. Some concentrated so much on the fun: Axie Infinity is a game that comes with so much fun. I noticed that some people failed because they focused too much on the fun. By so doing, they fail to follow the due process of getting a reward. In fact, I heard about a man that was losing the game, and he was carried away with the fun. Then, he later found out that he had lost some money. There’s a way the fun can push one out of concentration. I am not saying it is terrible for one to have fun. After all, it’s a game, and it must be full of pleasures. But one must make up one’s mind to compete according to the game’s rules if, honestly, one wants to get a reward. So, one of the reasons why people find it so hard to play this game is because they have lost some money the first time they played. And this is because they were carried away with the fun that comes with Axie Infinity. 
  2. Some still don’t believe it’s real: I noticed that some people are yet to believe that those rewards can be converted to real cash. And I don’t blame them. They have seen some fake write-ups about this game. Honestly, some writers have written some baseless facts about this game. Also, they have written some things that are not traceable. If what has discouraged you from playing this game is that you still don’t believe it is accurate, I am assuring you that you won’t regret trying this game. I have come across people with this issue. 

I understand that it’s normal for you to think that way. Remember, this write-up is meant for you. Dear reader, please rise and do the needful.

  1. Some did not know they could play this game on their mobile phone: Which mobile phone are you using? Is it an android phone or iPhone? You can play this unique game on both android phones and iPhones. All you need to do is search online for information on getting started. Trust me; you can make something tangible in playing Axie Infinity with that android phone that is with you. I have written some articles on how to start playing this game on mobile phones.

Final words

The above-listed reasons are why this unique game has not been known globally. Let me say it like this, do you fall into any of the above-listed reasons? If yes, I want you to reread this article and see the way out. Nothing should stop you from investing in playing this game. The reward is accurate, and it can be exchanged for real money. Finally, please feel free to drop your question in the comment box if you have any.