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Browsing: NFT Games
What are NFT Games?
While the global gaming industry continues to grow across all markets, it remains structured in a way that primarily benefits game developers and perpetuates a one-directional flow of value where players spend money to unlock access to in-game assets and gameplay configurations. In contrast, blockchain-built games and decentralized applications (dApps) enable players to capture the utility and value of in-game purchases and asset acquisitions more effectively.
Blockchain technology in gaming is driven by non-fungible tokens (NFTs), digital assets that represent in-game content. These tokens are unique, rare, and indivisible, while the blockchain networks that underpin NFTs facilitate player ownership, provable scarcity, interoperability, and immutability. Together, these advantages have the potential to drive mainstream adoption and a far more equitable value model.
NFT Gaming Latest News
This integration will enable users to stake Polygon-based NFTs from three prominent platforms through Spielworks’s Wombat wallet, providing gamers with exciting new monetization opportunities.
Impact NFTs are a new type of social good utility NFTs integrated into the PlayMining platform.
It allows players to donate a portion of their crypto earnings from the P2E games to a predetermined charity or person in need, simply by using an Impact NFT in the game.
The game allows players to strategize, collect, trade and play with unique cricket-themed NFTs.
‘Lost Archive +’ is a deck-building, strategic placement board game that will launch in late May, with an NFT presale commencing in late April.
This integration will extend the utility of Alien Worlds’ NFTs in Wombat Dungeon Master, and will make Alien Worlds’ NFTs stakable for Mining Power and materials in Wombat Dungeon Master.
Players will receive P2E tokens when they inspect physical infrastructure in their towns, while also enjoying a fun video game.
By combining P&E gaming with social impact, DEA hopes to inspire players to make a positive difference in their communities.
Starting this month, DEA will continuously buy back $DEP worth up to 40% of DEA’s sales.