NFTs, or non-fungible tokens, have taken the world by storm in recent years. They are unique digital assets that can represent anything from art to music to virtual real estate. However, one of the most popular uses for NFTs has been in gaming. Here, we take a look at the history of NFT games, from the early days of CryptoKitties to the more recent virtual world of Decentraland.
Launched in 2017, CryptoKitties was one of the first NFT games to gain widespread attention. The game allowed players to buy, sell, and breed unique digital cats on the Ethereum blockchain. Each cat was represented by an NFT, making them one-of-a-kind and highly sought after by collectors.
CryptoKitties quickly became a sensation, with some cats selling for thousands of dollars. However, the game’s success also highlighted some of the scalability issues of the Ethereum blockchain, as the game’s popularity led to network congestion and high transaction fees.
Axie Infinity is another NFT game that has gained a large following in recent years. The game is a play-to-earn game where players can earn cryptocurrency by battling with and breeding digital creatures called Axies. Each Axie is represented by an NFT, making them unique and valuable.
Axie Infinity has become particularly popular in countries like the Philippines and Venezuela, where players can earn a living wage by playing the game. The game’s success has also led to the creation of a vibrant community of players and developers, with the game’s creators recently raising $152 million in a funding round.
The Sandbox is a virtual world where players can buy, sell, and build on virtual land using NFTs. The game’s creators have partnered with various brands and IP holders, such as Atari and The Walking Dead, to create unique experiences within the game world.
The Sandbox has not yet been fully released, but it has already generated a lot of interest and excitement among gamers and investors. The game’s creators have raised over $60 million in funding, and the virtual land within the game has sold for millions of dollars.
Decentraland is another virtual world that uses NFTs to represent virtual land and other assets. Players can buy and sell virtual real estate, create and attend events, and even build games within the world.
What sets Decentraland apart from other virtual worlds is its decentralized nature. The game is built on the Ethereum blockchain, meaning that players have full ownership and control over their assets within the world. This has led to a vibrant community of developers and creators, who are constantly pushing the boundaries of what is possible within the game.
NFT games have come a long way since the early days of CryptoKitties. Today, there are a wide variety of games that use NFTs to create unique and valuable digital assets. These games have not only created new opportunities for players to earn cryptocurrency, but they have also created new communities of gamers and developers who are pushing the boundaries of what is possible within the world of gaming. As NFTs continue to grow in popularity, we can expect to see even more innovative and exciting NFT games in the years to come.