A comprehensive introduction to crypto games

Crypto games come in a variety of shapes and sizes. To give you the best experience, most blockchain games merge video games with blockchain technology, cryptocurrencies, and decentralized finance.

These crypto games are frequently modelled after popular games from the regular gaming sector.
Furthermore, the introduction of play-to-earn (P2E) crypto games and metaverse gaming platforms is one of the crypto gaming industry’s major achievements. We may expect the crypto games business to gain broad adoption sooner rather than later. Once game developers and hosting sites overcome legal and regulatory challenges. Consulting an experienced video game lawyer is essential..

We will introduce you to everything crypto games have to offer, how to use them, and the technology behind them. Hopefully, you will find this article helpful and maybe it will inspire you to check out some of the crypto games yourself.

What are crypto games?

Traditional games are centralized, which implies that all objects and experience (XP) earned in one game cannot be transferred to another. By incorporating blockchain technology into crypto games, this is no longer the case. Players may now transfer their awards and equipment between cryptocurrency gaming sites.

Crypto games, in general, are video games that include one or more components of blockchain technology and cryptocurrency. However, the blockchain isn’t used in every aspect of these games.

Several crypto games make use of the same consoles and servers as traditional games. However, blockchain is critical in the development of in-game economies based on cryptocurrencies, non-fungible tokens (NFTs), in-game assets, and decentralized finance aspects (DeFi).

The player experience

Players can also make money by participating in crypto games. This is known as a play-to-earn approach, and it allows gamers to make money in a variety of ways. Take, for example, Axie Infinity. Axies are characters that users can purchase, level up, and then sell for a higher price. Players can also compete with their Axies for SLP and AXS, Ethereum-based crypto gaming tokens.

This adds a whole new dimension to the industry: the possibility of earning cryptocurrency while playing games. Three out of four gamers said they wanted they could utilize their currency on other platforms, according to Worldwide Asset Exchange.

In addition, gamers can use NFTs on the blockchain to physically possess in-game assets. This creates irreversible, verifiable, transparent, and immutable ownership records. Many crypto and blockchain games also feature a play-to-earn (P2E) paradigm, which rewards players for their time and talent with money incentives.

Additionally, native tokens are frequently used in play-to-earn crypto games to reward players for completing challenges, quests, and battles. You can read more about these crypto games at Moralis Academy.

How to start playing a GameFi game?

Now that you have learned a bit more about what play-to-earn and crypto games are, you might want to know more about how to start playing. Don’t you worry, we are going to give you a little guide on how to start playing. Let’s take a look at it.

1. Find a crypto wallet

Your wallet will store your crypto and NFTs, as well as allow you to conduct other digital transactions. So, this wallet will be your digital storage place. It can’t just be any wallet because there are many different types and not all of them operate with every crypto ecosystem and blockchain.

This implies you should double-check compatibility before attempting to put one up. For example, the Ethereum protocol was used to create the blockchain game Axie Infinity, therefore you’ll need an Ethereum-compatible wallet like MetaMask to play. Make sure you double-check this before you open a wallet.

2. Fund your digital wallet

Users will need to fund their wallets to engage significantly in games that do not allow players to grind out their first few units of digital currency through play. The specific cryptocurrency will vary every game, and you may have to go through a few hoops to obtain the token you require. This means that you might need Ethereum to engage with one game, and Tether to start playing another game.

To begin duelling in the GameFi game or crypto games like Cryptoblades, for example, you’ll need to deposit SKILL, the game’s cryptocurrency, into your MetaMask wallet. However, to obtain SKILL, you must first obtain Binance Coin (BNB) and then trade it. While funding your wallet won’t always be difficult, it’s crucial to be aware that the procedure can be perplexing. Again, make sure you double-check which currency the game is using before you try to fund your wallet.

3. Buy the first item

While you can download GameFi games or crypto games for free, you won’t be able to play most of them until you make a purchase. Your first purchase will usually be a character or an upgrade in the world you are playing in. Sometimes these goods can be quite costly, so you can take a look around in the store before you decide.

To enter the universe of Axie Infinity, for example, you’ll need to purchase three NFTs, which will set you back roughly $600, even if you choose one of the cheaper options. As you may understand these games can be quite costly, so you must make sure that this is something you want to pursue. It is equally important that you are aware of your spending. Don’t spend more money than you can afford, ever. Otherwise, just have fun with these new and incredible games.