NFT Games India: The New Way To Make A Living
Game companies in India have started exploring ways to incorporate non-fungible tokens (NFTs) into games and e-sports (esports) and also develop new games that will run on blockchains, to take advantage of the mass movement around crypto and NFTs.
NFT games in India allow players to be rewarded with cryptocurrencies for playing, while NFTs are also used to purchase digital items and real estate. An example of a successful NFT game in India is Axie Infinity, which has millions of players around the world. booming metaverse and NFT world.
ESports and NFT games in India have seen tremendous growth, especially after the pandemic. Coupled with the high penetration of mobile phones and cheap data rates, India is fast becoming the world’s largest gaming market. With the Web3 game-to-win paradigm, where gamers can monetize their time and in-game achievements, GameFi and NFT games in India are expected to grow many times over in the coming years. India’s online gaming industry is expected to grow at a compound annual growth rate of 40% to reach US $ 2.8 billion by 2022, from US $ 1.1 billion in 2019, according to a recent report by 2021 from Deloitte.
Top three NFT games in India:
Axie Infinity is an NFT-based online video game created by Sky Mavis in Vietnam, which operates Ethereum based cryptocurrencies AXS and SLP. Players buy, breed, and pit monsters called Axies against each other to earn In-Game Currency (SLP)
Sorare is a non-football fantasy game. Players can play standard fantasy soccer games or play Sorare, where you can win prizes by beating other managers. You will have the opportunity to create and manage your own virtual team of digital playing cards NFTs. The cards are legally licensed and personify an actual football player for the season.
Gods Unchained is a free to play game that incorporates NFT components into a traditional card trading game. Players buy cards from other players or cards can be obtained by winning PVP (player versus player) matches. The quality of the cards and the playing ability of the players often determine the winner. In this game, the focus is more on skill and strategy.
So how can you get started?
Players can start by collecting or purchasing in-game assets for their favorite NFT games in India or by joining a guild. A guild is a group of cryptocurrency players and investors who come together, invest in the NFTs needed to play the NFT game, and loan players to start playing NFT games. One of the fastest growing guilds operating today is CGU (Crypto Gaming United). The people selected to play are called scholars. To date, CGU has more than 5,800 academics. Researchers earn real rewards in cryptocurrency which they can then turn into fiat money, making NFT scholarships and games in India a new, innovative and fair way to make a living.