Games have evolved thanks to the development of blockchain technology. Nowadays, it is possible to earn money while playing video games as gamers have ownership of in-game assets that can be turned into real money. This can be done through blockchain and NFT marketplaces where players can buy and sell NFT or exchange them for crypto. 

The amount of money you can earn through these NFT games is not limited, it all depends on the value of the in-game currency, the value of the NFTs, the time you invest in NFT collection, and the methods you use. 

In this article, you will learn the different ways you can earn money while playing play-to-earn NFT games as well as some of the requirements you must follow in order to start earning while playing games. It must be said that not all the games might require the same. But, you must have some knowledge of the things you might face when creating your account in one of the NFT games of your choice. 

Is it possible to earn money with NFT games?

As NFT games are relatively new in the gaming market, it is normal to question if earning money while playing games is legit. You could be an expert game player or a beginner, either way, there are numerous opportunities to start earning money from the different NFT games and platforms. 

The popularity of blockchain-based games lies precisely in the monetary component that they involve. But, there are different ways players can earn money such as the following: 

Play to earn

The most basic and important way to earn money through play-to-earn games is to start playing. You must be aware that choosing a game that aligns with your interests and which offers different types of compensation (Non-fungible tokens, tokens, participation in exclusive events, etc.) is vital to earning as much money as it can be earned. At the end of the day, if it is a game you genuinely enjoy, you will automatically invest more time in playing, gain more crypto tokens and rewards and have fun while doing so. 

Tournaments

Once you are confident in your skills playing the NFT games of your choice, you can start thinking about being part of in-game tournaments. Not all NFT games offer this option, but if they do, it is a great opportunity for you to join, have fun demonstrating your gaming tactics, and enjoy the prizes and rewards that these tournaments offer to their winners. 

Yield Farming

Playing is an excellent part of earning money on these NFT games but not the only monetary opportunity. There is also yield farming. This is about staking NFTs, meaning locking them up as a stake in a Defi Trading platform in exchange for rewards. This allows to create liquidity and utility for NFTs. 

Make money with NFT games: Requirements to play NFT games

We have covered some ways to earn money playing NFT games. However, there are also some requirements that you must take into consideration if you want to start making money through these exciting and profitable games. 

Virtual wallet

One of the first things you must do is get and set up a crypto wallet. This is necessary to buy cryptocurrency or store NFTs. Additionally, some games might require a virtual wallet even while creating an account. At the end of the day, these wallets are the ones that will allow in-game transactions and hold your digital assets. Some virtual wallets that you can consider obtaining are MetaMak, Fortmatic, and Portis. 

Choose the game 

As mentioned before, choosing a game that you like is important. There are tons of play-to-earn games to choose from. However, you must choose depending on your interests and the in-game currency that the game offers. 

For instance, in G4AL we have our game Elemental Raiders made for gamers that love turn-based PvP battles, tournaments, and competition! Gamers can collect, upgrade and trade NFTs inside the game or battle their way to the top of the league and gain rewards. 

If you consider yourself more of a creative and adventurous gamer, we also have the game Millionaire Wars where you can find rare gems in exotic locations inside the game. Once you find them, you can make your own designs crafting NFT jewels that can be collected and traded afterwards in the NFT marketplaces. 

Obtain the crypto or NFTs required for the game

Some NFT games you can start playing for free while others might require some investment to start playing. If you want to play a game that requires such investment, you must purchase the NFT required to play and get started. For instance, a game might state that the required NFT is ETH, therefore you must go to the cryptocurrency exchange and obtain it.

¿Do you want to start making money with NFT games? In G4AL we have thrilling and fun games you can use to start earning. Check out our games and check out our G4AL Broker, a highly secure multi-currency cloud where you can sell, buy and trade NFTs and tokens.