Crypto gaming industry is worth billions of dollars. Earn by playing games in 2022 is expected to thrive. Does it require your investment? Yes and No.
Crypto games concept is simple – players acquire a Non-Fungible Token and earn cryptocurrency. Money can be earned in different ways due to the variety of the play to earn games. Mostly it comes in two shapes: by minting other NFTs and then selling them or by “doing something” in the crypto game that rewards you with cryptocurrency coins. It can be farming resources, racing horses, battling with other players, or even exploring space. It sounds fun, right?
Play to earn crypto games and how it works
Most of the crypto games allow you to buy NTFs or rent them from the owners. Both ways you earn when playing a game but earnings are much bigger when you actually own your NFT. Yet a lot of games have a great scholarship program that allows you to earn without any investment. It only requires having a crypto wallet
Investing in crypto games
If you want to invest in the crypto game and multiply the earnings you have to be very careful. The price of a token can be extremely volatile. Before investing, players should read the white paper which tops the research list and explore the scale of audience, social media presence, team members, etc. We are not financial advisers and suggest you to do your own research and due diligence. But we can speak from our experience and suggest two possible strategies – Quick ROI and Steady Income.
A steady earnings investment strategy implies choosing the best crypto game project that will make players earn over a long period of time. There are not many crypto games that can provide steady income. In fact, in the previous year, we can name only one – Axie Infinity. In 2022, as the crypto gaming industry evolves, it is expected to be several projects even better than Axie Infinity. So we write about the best crypto games and the best upcoming crypto games in 2022, in this article.
Best play to earn strategy
Opposite to Quick ROI strategy players that use the steady earnings strategy choose not to sell assets in the early period and, instead, hold tokens for at least 2 months. By that period of time players can multiply the initial investment by two, three even 10 times regardless of the more or less successful start of the crypto game. Practically, growth potential is unlimited. After successful initial earnings, players cash in about 50% of the profit. So players don’t sell NFTs and they can continue to earn by playing games. And most crypto games don’t require much engagement in the game.
Most of the play to earn crypto games allows ROI in a month or even faster if the price of a token increase. It’s important to invest in the early phase of the crypto game. When the games advance it is likely that the price of the token is going to increase. That makes the ROI period prolonged and earnings reduced.
What does it mean?
It means that you can invest in most of play to earn NFT games in the early phase and return your investment with some profit fast – in 30 days or even less.
