What are games involving NFTs known as?

NFTs (Non-Fungible Tokens) have been gaining popularity in recent years, especially with the rise of blockchain technology. One area where NFTs are being used extensively is in gaming. In this article, we will explore some of the most popular games involving NFTs.

1. Cryptokitties

Cryptokitties is one of the first and most popular games involving NFTs. The game allows players to breed and collect unique digital cats that are stored on the Ethereum blockchain. These cats have their own unique DNA, which determines their appearance and abilities. Cryptokitties has become so popular that it has led to massive price increases for some of the rarest cats, with one cat selling for over $300,000 in 2018.

2. Axie Infinity

Axie Infinity is a blockchain-based game where players collect and battle creatures called Axies. These creatures are stored as NFTs on the Ethereum blockchain, and players can buy, sell, and trade them like any other cryptocurrency. The game has become incredibly popular in recent years, with its player base growing exponentially.

3. Decentraland

Decentraland is a decentralized virtual world that allows users to create, experience, and monetize content and applications. The platform uses NFTs to store and manage virtual assets, including land, buildings, and items. Users can buy and sell these NFTs on the open market, creating a unique economy within the virtual world.

4. Rarible

What are games involving NFTs known as?

Rarible is a decentralized marketplace for buying, selling, and trading NFTs. The platform allows artists to mint and sell their own digital art as NFTs, giving them a new way to monetize their work. Rarible has become incredibly popular in recent years, with artists from around the world using the platform to sell their digital art to collectors and enthusiasts.

5. NBA Top Shot

NBA Top Shot is an NFT marketplace that allows fans to buy and sell officially licensed collectibles featuring some of the biggest names in basketball. The platform uses blockchain technology to ensure authenticity and rarity, and has become incredibly popular among basketball fans.

In conclusion, games involving NFTs have become increasingly popular in recent years. These games allow players to collect, trade, and monetize unique digital assets, creating a new economy within the gaming industry. Whether you are an artist, collector, or just someone who enjoys playing games, there is likely an NFT-based game out there for you to explore.