Have you ever wondered what you can achieve by focusing on what you love the most? Whether you’re a casual gamer whose method of deciding when to play is a lot more spontaneous or a dedicated enthusiast who constantly seeks out the latest and greatest technology, you can transform your passion into cash. It requires an investment of time, and overall, it can supplement your income. Some video games reward players for completing certain objectives with assets that have real-world monetary value. Clothing, armor, weapons, pets, and other upgrades and special units can be sold for in-game currencies or traded with other players.
In play-to-earn (P2E) games, you can win NFTs, the floor prices of which are dictated by the time and effort required to level up. Once sold and the transaction complete, you can request to withdraw the funds to a currency of your choice, so don’t waste any more time and get in on the action. If you’re playing Ethereum-based games, you’ll want to purchase Ethereum with bank transfer and connect your wallet to the dApps of smart contracts. The games themselves are free to download, but you may be required to purchase characters, card decks, tokens, or upgrades.
Earning While You Play Is No Longer A Fantasy, But A Thrilling Reality
The financial services sector isn’t the only one that blockchain technology has impacted. Blockchain is revolutionizing the world of gaming, allowing transparency, security, and user engagement and guaranteeing real ownership of digital products, which gives players the power to freely trade and take control of their hard-earned rewards. By bringing together cryptocurrencies, NFTs, and DeFi, P2E games make it possible for players to acquire tangible assets that exist outside the digital spectrum. The point is that, as you play the game, you can either amass cryptocurrency or NFTs, which can be sold for a profit.
Any web-based game that allows players to sell the items they earn or purchase within an in-game marketplace for money can be considered play-to-earn. Depending on the level of decentralization, you can take on a leadership or governance role, which means you have a say in the development and management of the game you play. Players are the core values in the game universe. The advantages of playing are there’s no way to remove/counterfeit/destroy any items collected, the cryptocurrency can be sent or received without the need for an intermediary, and should the game experience issues with the software, you won’t lose everything you’ve accumulated.
So, What’s The Most Profitable P2E Game? Let’s See, Shall We?
Now that you’ve got an idea of how P2E gams work, you can start looking for one to sign up for so you can make passive income. There are countless games available on the market and many more in development, so you’re spoilt by choice – don’t jump in with both feet before you know the facts. Understand how the rewards will be paid out, what it takes to convert your in-game coins or tokens to other cryptocurrencies, and whether gaming is pleasurable. Without further ado, here are some examples of profitable P2E games:
Axie Infinity
Axie Infinity combines the elements of Pokémon and Tamagotchi in the sense that it makes it possible for players to amass, breed, and fight creatures referred to as Axies, which are basically small animals with unique characteristics that mark their cost, rarity, and tradability.
Each Axie has dynamic features that can be altered through items developed with the ERC-732 standard. Two Axies can be joined together to form a new one. Players can earn tokens called Smooth Love Potions (SLPs) that can be sold on the marketplace as NFTs to other players. To earn one, you must complete daily quests, fight other players in the Arena, or battle in the Adventure mode.
Star Atlas
Star Atlas has a rigid UCG design, as developers are responsible for releasing recipes to build innovative technology. The goal isn’t to reward and protect creativity with IP protection mechanisms but to create a competitive advantage in the game. The action of the game occurs in the year 2620, with territorial pursuit, crazy weapons, and space crafts; within the virtual world, high-ranking officials bring an important consideration to the management of territory and deep space navigation. Player status is represented by the POLIS token, which offers gamers the ability to influence the political landscape. The Star Atlas DAO offers opportunities for idle staking in safe zones.
The Sandbox
The Sandbox is a Minecraft-like game that has endless progression, which means it’s not limited to one type of gameplay – the gameplay is determined by users and content creators on different pieces of the map. You can design and build a one-of-a-kind world, characters, and gameplay mechanics.
The Sandbox is technically free to play, yet different plots on different lands can have different pricing mechanisms. Transactions are priced in SAND, which can be used to acquire virtual land or reward creators for their contributions; the company holds SAND for six or twelve months before reselling it to the market. If there’s too much SAND available, it increases the price of other assets.
Illuvium
And finally, Illuvium is an open-world fantasy game with a Pokémon-style of catching monsters and nursing them back to health. Players can stake their tokenized assets and earn NFTs, which can be sold, used to battle other players, or earn Ethereum. The first part of the map is free to access, but higher levels require ownership of NFTs or other assets. You can collect and personalize Illuvials, which have a class and affinity, and even mix Illuvials to produce new ones. The Ranked Area has standardized creature stats to even the odds and prioritizes skill, while the Leviathan Area encourages players with high bankrolls to take advantage of their expensive creatures.
Conclusion
When you’re just starting out, it’s a good idea to acknowledge what you’re aiming for and how much time it’ll take you to reach those rewards. Some games will provide payouts for smaller tasks, while others demand more play for bigger rewards.