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NFT Games India: The New Way to Earn Money

Updated on: 09 December,2021 11:09 PM IST  |  Mumbai
BrandMedia | brandmedia@mid-day.com

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NFT Games India: The New Way to Earn Money

NFT Games India

As gaming has grown to become a US$300 billion global industry, playing your favourite games has become more than a popular leisure activity. More and more people are earning significant revenues from what was once considered a hobby at best, in some perceptions, a waste of time. The rise of play-to-earn gaming, which integrates cryptocurrency and blockchain dynamics, provides a way to make money with NFT games in India - some earning enough to live on. 


Here are some ways you can earn:


  1. Play and Earn!


The first one is obvious: start playing your favourite blockchain games, have fun, and earn some of the in-game crypto tokens they offer along the way! The emphasis here is on having fun - making money with NFT games in India is a bonus! Games like Axie Infinity allow you to play adventures and battle in the arena to earn the in-game token SLP. The tokens can then be converted to other cryptocurrencies or even into the local fiat currency.

 

  1. Tournaments 

Once you have gained a good level of skill in the right game, you can start hunting around for competitions and tournaments, which offer prizes beyond the tokens you’ll earn by playing the game on your own. There are also routine in-game tournaments, battles and competitions, and you may be able to gain access to more lucrative opportunities once you’ve reached a certain level. 

 

  1. Develop Character Assets

Or borrow better ones. Depending on the game, the longer you spend playing and the more you develop your character, the greater your earning opportunities become. For example, more experienced characters may be able to engage in higher-stakes battles. Of course, this process takes time. Fortunately, there is a fast track. You can start earning with NFT games in India immediately by borrowing NFTs from other users in return for a proportion of the income you generate by using them – something known as a ‘scholarship’. Guild Initiatives like Crypto Gaming United enable gamers to find the best games, and make money with NFT games. In exchange for helping players get started, the guilds will split a percentage of the in-game tokens. There are opportunities for earnings beyond the games themselves here, too, as various activities that further the community (such as streaming and coaching) will earn bonuses. 

 

  1. Yield Farming 

Play-to-earn games aren’t just about playing. An additional opportunity to make money with NFT games is to put your funds to work with integrated DeFi yield farming systems. 

 

While these are some of the most popular ways to make money from blockchain games in India, there are others. NFT games in India are the way of the future. These games offer players increased control of the in-game assets they work for, as well as the opportunity to make a living earning cryptocurrency and NFTs while playing.

 

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