What are games involving NFTs known as?

As the world of gaming continues to evolve, non-fungible tokens (NFTs) have emerged as a new and exciting way to create, own, and trade unique digital assets within games. NFTs are essentially unique digital items that can be bought, sold, and traded on blockchain platforms.

These items can include anything from in-game currency and collectibles to virtual real estate and more.

1. Cryptokitties

Cryptokitties is a game created by Dapper Labs in 2017 that allows players to breed, buy, sell, and collect unique digital cats called “kitties.” Each kitty is represented by an NFT on the Ethereum blockchain, which means that it is completely unique and cannot be replicated. Players can use their kitties to create new offspring, or they can trade them with other players for various cryptocurrencies.

2. Axie Infinity

Axie Infinity is a turn-based strategy game set in a fantasy world where players collect, breed, and battle creatures called “axies.” Each axie is represented by an NFT on the Ethereum blockchain, which means that it is completely unique and cannot be replicated. Players can use their axies to create new offspring, or they can trade them with other players for various cryptocurrencies.

2. Axie Infinity

3. Decentraland

Decentraland is a virtual reality game set in a decentralized world where players can create, explore, and interact with unique digital assets represented by NFTs. These assets include everything from virtual real estate to wearable items and more. Players can use these assets to create their own unique experiences within the game, or they can trade them with other players for various cryptocurrencies.

4. Rarible

Rarible is an online marketplace where artists can mint and sell their own unique digital art as NFTs. These NFTs are stored on the Ethereum blockchain and are completely unique, meaning that they cannot be replicated. Artists can use Rarible to monetize their work and connect with fans who want to own and display their unique digital art.

5. NBA Top Shot

NBA Top Shot is a game created by Dapper Labs in partnership with the National Basketball Association (NBA) that allows players to collect, buy, sell, and trade unique moments from NBA games as NFTs. These moments include everything from dunks and blocks to assists and steals, and are represented by NFTs on the Ethereum blockchain. Players can use these NFTs to create their own unique collections, or they can trade them with other players for various cryptocurrencies.

In conclusion, games involving NFTs offer a new and exciting way for players to engage with unique digital assets within the gaming world. From collectibles and wearable items to virtual real estate and more, there are many different types of games that incorporate NFTs, each with its own unique features and mechanics. As the world of gaming continues to evolve, we can expect to see even more innovative uses for NFTs in the future.