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How to Earn Money in NFTs: What are the Highest Earning “Play to Earn” Games in 2023?

NFTs

NFTs (Non-Fungible Tokens) are tokens that represent ownership of virtual assets, such as collectible digital cards, profiles and characters in online games or real-world assets. The value of an NFT is determined by the demand for the underlying asset, which can range from cryptocurrencies like Ethereum to real estate or fine art. As more users buy into NFTs and more developers create games around them, there’s a growing need for ways to earn money with these types of tokens. That’s why we decided to take a look at some of the highest earning “play to earn” games in 2023.

Cryptocars 

Cryptocars is a blockchain-based platform that is designed to combine the fun of collecting and trading cars with the potential for earning rewards. Cryptocars is built on Ethereum, allowing users to buy and sell cars with cryptocurrency. It also features a play-to-earn mechanic, where players can earn rewards by playing the game and trading their cars. The rewards earned through playing games or trading cars can be used to purchase new cars or can be cashed out in the form of cryptocurrency.

Etherima

Etherima is a trading card game that features collectible digital cards. Users collect cards and compete against other players by trading funds with other users. The trading card game has a native ERC20 NFT token. The game is an example of a “play to earn” game. Players earn tokens by playing. The game makes money by charging users for trading services. There are more than 200,000 users and the most popular game is played by more than 7,000 users daily. The game is also growing in popularity in Europe and Asia. This is a game that is based around the trading of digital collectible cards. If you have ever had an interest in trading cards or wanted to learn a bit more about the digital world, this game would be a good choice for you. The developers of Etherima claim to have built the platform to be easy for users to get started with, without being complicated. There are no complicated terms to understand or endless invoices to create.

Game of Thrones Ascent

The trading card game Game of Thrones Ascent features collectible digital cards based on the popular TV series. Players trade their cards with other players to defeat their opponents. The trading card game is built on the Ethereum blockchain. As such, the game uses the ERC20 NFT token. There are two modes in the game. Players can either play for a “standard ascent” where each card is worth 0.1 ETH or “jackpot ascent” where the cards are worth 10 times as much. As with most trading card games, users can win prizes like stickers, wallpapers, and avatars by winning games. But users can also win NFTs by collecting specific cards that can be traded with other users.

Evertoon

Evertoon is a free-to-play cartoon game that features cartoon characters based on popular films and TV shows. The game has two modes. The first mode lets players create their own cartoon characters and earn money by creating short films featuring the characters. The films are then rated by other users and the highest-rated films earn money. The second mode in the game is a “play to earn” game. Players can choose to “follow” cartoon characters and earn money by watching other user-created films. Every day, there are more than 500,000 people playing the game on their mobile phone or tablet. The game is also available on Facebook and YouTube. The game has more than 10 million registered users.

Fortnite Battle Royale

Fortnite Battle Royale is a multiplayer action game that features collectable digital cards. In the game, players have to collect items, battle against other players and level up their avatars by completing tasks. The Fortnite Battle Royale game mode features the ERC721 NFT token. Players can collect NFTs by opening special in-game items like the Fortnite Battle Royale “BERRY” backpack or the Fortnite Battle Royale “FLARETTE” backpack. The items in the game are “Epic,” which is the game’s in-game currency. But the items can also be traded and sold on the in-game marketplace. All the transactions with the game’s “Epic” tokens can be tracked on the blockchain, which means that the developers can receive real-time data on what items have been sold and who bought them.

Hedera Hashgraph

Helder is a decentralized platform for creating, buying and selling NFTs. It is built on the Ethereum blockchain and uses the ERC20 NFT token. Users use the Hedera Hashgraph platform to create tokens that represent anything from equity to collectable digital cards and “curated consortia.” The Hedera Hashgraph platform is available via a “cloud” cryptocurrency that can be purchased using real money. Users create tokens and register them on the blockchain. The tokens can then be used to create and manage different types of assets. These assets can include equity, ownership of collectable digital cards, or smart contracts that store information.

Decent.bet

Decent.bet is a decentralised sports betting platform that uses the ERC721 NFT token. The platform uses smart contracts to store betting data and manage provably fair sports bets. Users create bets and transfer tokens on the blockchain. Betting data is stored in the smart contract, creating a provably fair system. The Decent.bet platform functions like a “decentralised sportsbook.” Users create accounts and create bets using a virtual currency called “SportStars.” SportStars can be exchanged for other virtual currencies or used to play games and win prizes. The Decent.bet platform has been live since 2017 and has been used by more than 300,000 users.

Skinz Token

Skinz is a blockchain-based digital collectable game that uses the ERC721 NFT token. The game uses the STORZ virtual collectable token. The game is available for both mobile phones and PCs. It has been operational since 2015 and has more than 15 million registered users. Users create “collectables” by purchasing them with STORZ tokens. These collectables can represent everything from virtual cards to real-world items. The tokens give users control over their collectables. This control can be used to sell the collectable on the virtual marketplace or transfer ownership to another user. There are more than 350,000 users who have created collectables and more than 1 million users who have purchased collectables.

Conclusion

The rise of blockchain technologies has opened up a world of possibilities for consumers and businesses alike. These technologies promise to facilitate decentralized transactions, remove third-party intermediaries and bring greater transparency to the world economy. However, the potential uses of blockchain technology are not restricted to just financial services. Gaming is also poised to benefit from the advent of blockchain technology. This article has highlighted some of the most promising blockchain games to keep an eye on.