Free AI web copilot to create summaries, insights and extended knowledge, download it at here

Abstract

chase or gain assets. However, third parties such as gaming studios or companies are the true owner of your assets.</p><h2 id="50bf">2 — You play games and earn money at the same time</h2><p id="17d6">Most NFT-based games use play to earn mechanics. The idea is simple. You buy some NFTs from the marketplace, and use them to play some games. From that point on, there are several options to earn money.</p><ul><li>As you make progress in the game, you can enhance your NFTs qualities and resell them at higher prices.</li><li>You will earn daily or weekly or monthly rewards based on your achievements in the game.</li><li>You can trade in-game assets with other players for profit.</li></ul><p id="39ac">In the classic gaming industry, the players were mostly consumers of the games. They did not have an active role in the economy.</p><h2 id="9d32">3 — NFT-based games are a real use case of the blockchain technology</h2><p id="9753">In 2009 the famous bitcoin whitepaper was published. Since then, the blockchain and cryptocurrencies started to evolve. During all this time, one of the most frequent questions is:</p><blockquote id="e506"><p>What is the real use case of the blockchain and cryptocurrencies?</p></blockquote><p id="5e20">General public, companies, and governments all time are questioning this technology, mainly because of almost non-existent regulation, market volatility, and lack of use cases.</p><p id="e031">In that sense, Non Fungible Tokens are a very good candidate for a promising use case.</p><ul><li>They give a sense of ownership of assets to the holders.</li><li>They eliminate lots of bureaucracy and paperwork for authorization, transfer of ownership, etc.</li><li>They have a real value connected to physical assets such as cars, and houses, or virtual ones such as digital assets (collectibles, artwork, etc.).</li></ul><p id="3161">More specifically in the case of gaming industries, NFTs added an additional interesting feature. Gamers are now able to collect NFTs and use them in the games as valuable and upgradable assets.</p><p id="e613">NFTs are a real use case of blockchain technology.</p><h2 id="3b4c">Final Thoughts</h2><p id="2fc3">We are still in the very early stages of blockchain and NFT adoption. There are many concerns and doubts about this new technology. The good news is that as move forward, many of these concerns are addressed. Adoption is also growing in an exponential way.</p><p id="1fc3">If you are interested in technology and innovation, you absolutely need to get some exposure in this area. In that sense, one of the best areas to enter right now is the NFT based games. In summary, here is why:</p><ul><li>NFTs are in rise and people are starting to understand the real value it offers.</li><li>Gaming industry is a very good match to decentralize things and incentive users to use the technology to earn passive income while they are playing.</li><li>By playing NFT games, you not only will have fun, but also will possess valuable digital assets.</li></ul><h2 id="61e4">Bonus: Example of NFT-based Games</h2><p id="5db4">In this post, I tried to explain why NFT-based games are a good choice for in

Options

vestment and learning. A logical next step for you is to find one of those games and start to explore the possibilities.</p><p id="562f">My favorite NFT game is called Sorare. It is an online game in which you can buy the collectible NFT cards of football players. Then, you can trade those cards for a profit, or use them in competitions to earn rewards.</p><p id="ceb0">Here are the major steps to start using Sorare:</p><ol><li>Make an account on <a href="https://medium.com/coinmonks/sorare.com/r/ehsan-y">Sorare</a>.</li><li>Make an account on <a href="https://www.soraredata.com/">SorareData</a>.</li><li>Use SorareData to find the high potential players.</li><li>Place your bid on auctions and hopefully win.</li><li>Find the right moment to sell your cards on the Sorare.</li><li>Enjoy your profits.</li></ol><div id="4815"><pre>🎁 <span class="hljs-keyword">If</span> you <span class="hljs-keyword">register</span> <span class="hljs-keyword">to</span> Sorare <span class="hljs-keyword">using</span> my referral link <span class="hljs-keyword">and</span> collect <span class="hljs-number">5</span> <span class="hljs-keyword">new</span> cards <span class="hljs-keyword">on</span> auction, both <span class="hljs-keyword">of</span> us win a free card. This <span class="hljs-keyword">is</span> a win-win game. That free card can worth hundreds <span class="hljs-keyword">of</span> dollars.</pre></div><p id="d827">In the following post, I explained with more details this process.</p><div id="005b" class="link-block"> <a href="https://readmedium.com/this-is-how-you-can-make-at-least-600-per-month-with-sorare-173b073bea6d"> <div> <div> <h2>This is How You Can Make (At Least) $600 Per Month With Sorare</h2> <div><h3>A detailed strategy for earning money using popular play-to-earn NFT Game.</h3></div> <div><p>medium.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/0*p0xNCjWPN7DSXsjS)"></div> </div> </div> </a> </div><p id="512e">And one final thing:</p><div id="9cdb"><pre>If you are interested <span class="hljs-keyword">in</span> reading <span class="hljs-keyword">my</span> similar posts <span class="hljs-keyword">in</span> <span class="hljs-keyword">the</span> future, please consider joining medium <span class="hljs-keyword">with</span> <span class="hljs-keyword">my</span> referral link. If you sign up using <span class="hljs-keyword">my</span> link, I’ll earn a small commission <span class="hljs-keyword">and</span> you will have unlimited access <span class="hljs-keyword">to</span> <span class="hljs-keyword">the</span> content <span class="hljs-keyword">from</span> all medium writers. That way, you will support <span class="hljs-keyword">me</span> <span class="hljs-keyword">and</span> your other favorite writers <span class="hljs-keyword">on</span> <span class="hljs-keyword">the</span> platform. Thanks.</pre></div><p id="6d30" type="7">New to trading? Try crypto trading bots or copy trading</p></article></body>

NFT-Based Games Will Make Millionaires

3 top reasons explained

NFT-based games are gaining popularity these days. It seems that games are one of the best use cases for non-fungible tokens.

Here are some facts about the gaming industry:

And you better need to know the following about NFTs and cryptocurrencies:

As you see, both Gaming and NFT markets are trending.

Many experts believe that NFT-based games are the next big thing in the blockchain space. Here is why.

1 — You own your in-game assets

As an NFT gamer, you basically own all the assets you collect in the games. This means that you can do whatever you want with those assets.

you can resell them for profit.
you can use them in other games.
you can keep them for a long time.

This is not possible with traditional games. In those games, you purchase or gain assets. However, third parties such as gaming studios or companies are the true owner of your assets.

2 — You play games and earn money at the same time

Most NFT-based games use play to earn mechanics. The idea is simple. You buy some NFTs from the marketplace, and use them to play some games. From that point on, there are several options to earn money.

As you make progress in the game, you can enhance your NFTs qualities and resell them at higher prices.
You will earn daily or weekly or monthly rewards based on your achievements in the game.
You can trade in-game assets with other players for profit.

In the classic gaming industry, the players were mostly consumers of the games. They did not have an active role in the economy.

3 — NFT-based games are a real use case of the blockchain technology

In 2009 the famous bitcoin whitepaper was published. Since then, the blockchain and cryptocurrencies started to evolve. During all this time, one of the most frequent questions is:

What is the real use case of the blockchain and cryptocurrencies?

General public, companies, and governments all time are questioning this technology, mainly because of almost non-existent regulation, market volatility, and lack of use cases.

In that sense, Non Fungible Tokens are a very good candidate for a promising use case.

They give a sense of ownership of assets to the holders.
They eliminate lots of bureaucracy and paperwork for authorization, transfer of ownership, etc.
They have a real value connected to physical assets such as cars, and houses, or virtual ones such as digital assets (collectibles, artwork, etc.).

More specifically in the case of gaming industries, NFTs added an additional interesting feature. Gamers are now able to collect NFTs and use them in the games as valuable and upgradable assets.

NFTs are a real use case of blockchain technology.

Final Thoughts

We are still in the very early stages of blockchain and NFT adoption. There are many concerns and doubts about this new technology. The good news is that as move forward, many of these concerns are addressed. Adoption is also growing in an exponential way.

If you are interested in technology and innovation, you absolutely need to get some exposure in this area. In that sense, one of the best areas to enter right now is the NFT based games. In summary, here is why:

NFTs are in rise and people are starting to understand the real value it offers.
Gaming industry is a very good match to decentralize things and incentive users to use the technology to earn passive income while they are playing.
By playing NFT games, you not only will have fun, but also will possess valuable digital assets.

Bonus: Example of NFT-based Games

In this post, I tried to explain why NFT-based games are a good choice for investment and learning. A logical next step for you is to find one of those games and start to explore the possibilities.

My favorite NFT game is called Sorare. It is an online game in which you can buy the collectible NFT cards of football players. Then, you can trade those cards for a profit, or use them in competitions to earn rewards.

Here are the major steps to start using Sorare:

Make an account on Sorare.
Make an account on SorareData.
Use SorareData to find the high potential players.
Place your bid on auctions and hopefully win.
Find the right moment to sell your cards on the Sorare.
Enjoy your profits.

🎁 If you register to Sorare using my referral link and collect 5 new cards on auction, both of us win a free card. This is a win-win game. That free card can worth hundreds of dollars.

In the following post, I explained with more details this process.

This is How You Can Make (At Least) $600 Per Month With Sorare

A detailed strategy for earning money using popular play-to-earn NFT Game.

medium.com

And one final thing:

If you are interested in reading my similar posts in the future, please consider joining medium with my referral link. If you sign up using my link, I’ll earn a small commission and you will have unlimited access to the content from all medium writers. That way, you will support me and your other favorite writers on the platform. Thanks.

New to trading? Try crypto trading bots or copy trading