You Can Make Money With Crypto Gaming

December 21, 2021

Thanks to blockchain, players finally have ownership. Welcome to DeFi Gaming.

Image version
Text version

Your 12-year-old cousin is playing games.

You suddenly realize he made $18k last month.

What just happened?

Welcome to DeFi Gaming.

With centralized gaming, the company owned everything.

That rare weapon you found? It technically still belonged to the company.

Thanks to blockchain, players finally have ownership.

Items, characters, and even in-game currency belong to players in the form of NFTs and tokens.

They have monetary value and can even be sold in marketplaces like OpenSea and Uniswap.

This is the play-to-earn model. Where you can earn real money while playing.

Although this is lucrative, many of these games are not free to play. Games like Axie Infinity require you to purchase your NFT character in order to play. This fuels the play-to-earn model.

In the mobile app industry, gaming was at the frontier of innovation. Similarly, we are now seeing gaming spearhead the crypto industry.

There is so much more coming.

We only just scratched the surface.

Companies to Watch:

OpenSea: Marketplace to buy and sell NFTs.

GameFi Aggregator: Discover trending blockchain games.

Axie Infinity: First successful crypto game that popularized the play-to-earn model.

Yield Guild Games: Blockchain gaming guild for play-to-earn games. NFT lending to gamers.

Crypto Gaming United: Platform to lend NFTs to blockchain gamers.

Immutable X: Layer 2 blockchain infrastructure for gaming.

Wolf Game: DeFi game where NFTs earn rewards.

DeFi Kingdoms: DeFi game where NFTs are heroes.

Coin Hunt World: Similar to Pokemon Go but you catch cryptocurrency.

Gala Games: Platform that builds blockchain-powered games.

Kryptomon: NFT Game where Pokémon meets Cryptokitties and Tamagotchi

Step Hero: NFT fantasy-themed RPG game

Sources

https://cointelegraph.com/news/defi-gaming-a-catalyst-to-mainstream-adoption-of-decentralized-finance

https://kalkinemedia.com/news/cryptocurrency/what-are-defi-games-which-are-the-most-popular-defi-games

https://www.forbes.com/sites/tableau/2021/06/25/why-your-workforce-needs-data-literacy/?sh=7bb0e5144d0a

https://www.laptopmag.com/features/the-best-play-to-earn-crypto-game

https://www.coindesk.com/policy/2021/11/11/how-blockchain-technology-is-transforming-microtransactions-and-revitalizing-the-gaming-industry/

https://www.toptal.com/insights/future-of-work/blockchain-game

Community Highlight

Join the Smoothie Newsletter

This is a special newsletter. Every week, we deconstruct the best crypto trends and share those insights with you.

Thanks for subscribing

We will send you an email shortly
Oops! Something went wrong while submitting the form.