After art, movie posters and 3D statues of celebrities went the NFT way, ‘play-to-earn’ NFT games are the new talk of the crypto town. Two experts explain the fundamentals of NFT gaming and tell us whether the fast-expanding base of Indian gamers is ready for it
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Non-fungible token (NFT) marketplaces are increasingly changing the way creative assets including art, media and entertainment can be auctioned or traded on a digital platform. With a bid to diversify the NFT ecosystem, companies are now exploring play-to-earn games, which are gradually piquing the interest of Indian gamers and crypto experts. In addition to Facebook, Microsoft, Roblox, Tencent, Epic Games and Animoca Brands are some of the many companies that are already exploring the NFT gaming space.