There has long been an idea around games and a play-to-earn scheme but, until recently, it was something that just wasn’t able to take off. While the gaming industry had been trying to pursue this model, the stumbling block was the fact that there was no way of implementing this. That all changed with the advent of non-fungible tokens (NFTs) and cryptocurrencies. While crypto gaming is still relatively new, it’s also hugely popular. We’re going to explore just what it’s all about and how you can get involved.
What is crypto gaming?
The concept of crypto gaming is relatively simple. It’s all about playing games where crypto is used as an in-game currency. Some of the most popular crypto gaming tokens used in these games include the likes of:
- Decentraland
- Axie Infinity
- The Sandbox
- Enjin Coin
These tokens each have their own values, supply levels, and market caps. The potential profitability that exists is all down to the choice of crypto game and the platform that it operates on.
The rise of crypto casinos
When it comes to crypto games, there is a variety of these that have been designed purely with the purpose of utilizing crypto and NFTs. These include titles such as:
- Pegaxy
- Battle Infinity
- Plant vs. Undead
- Gods Unchained
However, alongside these types of games, there are also online casinos that have tapped into the popularity of crypto. That means that players are now able to play top slot titles using crypto as a form of payment. By looking at SpinBit you get a better sense of just how many crypto casino games there are. This is a site that allows you to really appreciate just how popular crypto casino games are. It’s not just slots that can be played with crypto here. You’ll also from classic casino games to live dealer ones.
How to get involved with crypto gaming
If crypto gaming is something that you’d like to explore and maybe give a go, the first thing that you’ll need is a crypto wallet. This is somewhere that you can hold cryptos and is required to make deposits as well as somewhere that you can hold your winnings. With this in place, you then need to decide the types of games that you want to play:
Free-to-Play
These are games that, as the name suggests, are free to get involved with. There is no cost to get playing, but you still have the chance to earn crypto coins as you play.
Pay-to-play
These games require you to have crypto to start with so that you can pay to start playing. You will find that these games tend to be more profitable than the free-to-play alternatives.
Final thoughts
Crypto gaming may well be new, but it is something that’s hugely popular. While the range of games is already impressive, there is no doubt that this is something that’s set to increase even more.
