How do NFT Games Work?
The workings of the Nft games
NFT games are a fast-growing area under the cryptocurrency umbrella that utilize NFTs as an integral part of their core gameplay and mechanics. But just how do they work? Follow along and you’ll be an NFT game whiz in no time!
At a technical level, blockchain NFT games use what are called smart contracts, autonomous (self-running) lines of code that provide various rules and functionalities for NFTs and cryptocurrency tokens. These smart contracts are what allow the NFTs to interact with the game properly and facilitate any kind of blockchain interactions to and from its platform, such as when buying, receiving, selling, or trading them.
Depending on the genre of NFT game and how it’s been developed, each will have different rules and gameplay elements for their respective NFTs. In some games, NFTs are purely cosmetic items such as clothing accessories or decorative pieces, while in others, NFTs may be playable characters or items that you need to purchase in order to play the game. Note that there are some NFT games that are completely free-to-play, however, they often require players to purchase an NFT before any real rewards can be earned.
The rewards from these NFT games are usually given for progressing through game levels or missions, gaining experience points, and/or winning matches against other players. They can be native in-game cryptocurrency tokens or even additional NFTs. Once obtained, they’re typically stored in your game account and can be transferred to your personal wallet address if desired.
Most NFT games have their own marketplace where NFTs from within that game can be traded, bought, and sold freely for cryptocurrency, usually in the game’s native token or the native token of the blockchain that the game is running on (i.e. ETH, BNB, or SOL). Alternatively, if the NFT’s protocol supports it, they can be bought and sold on a third-party NFT marketplace platform such as Opensea, Binance NFT, or MagicEden. As for rewarded native in-game crypto tokens, once transferred to a personal wallet, they can be swapped for other cryptos using a decentralized exchange (or DEX) like Uniswap or Pancakeswap and/or transferred to a supported centralized exchange (or CEX) such as Coinbase or Binance and converted into fiat money (dollars).
The workings of the Nft games with Full Details
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