How do NFT games work?

CryptoKitties, which had a valuation of 20 million with huge trading volumes a few years back, now seemed to have been buried right under the plethora of NFT games that have hit the market. Its daily volume is currently as low as 100 transactions, and you might wonder if this would be the destiny of the NFT games that are currently enjoying their spotlight.

We don’t think so, and here is why ― NFT games have become a source of income for many. Who in their childhood or teenage years hasn’t had their mum or family members say gaming would take them nowhere, and that they should concentrate on studies? Well, guess what? These are the same gamers who had the last laugh.

The incorporation of NFTs into gaming has led to the ‘play-to-earn model’, which excites gamers. What makes a business model successful is to cater to a huge target audience. One need not be a professional gamer to play and earn through NFT games.

The NFT games are such that any average Joe can benefit from playing. This opens up the target audience to almost the entire population, making NFTs an attractive integration to the gaming industry. Another successful business model factor is the ability for the business to provide value to users in more than just one way.

Apart from the gaming industry, do you know that NFTs have already waltzed into the fashion industry too!