GameFi is one of the hottest new trends to emerge from the crypto industry, combining decentralized finance (DeFi) and non-fungible tokens (NFTs) with blockchain-based online games. Unlike many traditional online games, which operate on a “pay-to-win” model and allow players to purchase upgrades in order to gain an advantage over others, GameFi introduces a “play-to-earn” model. This concept involves giving players financial incentives to play and progress through games. In some cases, this has allowed gamers to earn a full-time income by doing so.
All objects in these types of games are expressed as NFTs – digital tokens used to prove ownership of scarce intangible items. Think of things like plots of land, avatars, costumes, weapons, and gold bars. Once players find and accrue these items through gameplay, many have the option to trade these with others in digital marketplaces for different NFTs or sell them in exchange for cryptocurrency.
For players looking to get involved in these blockchain-based games and start earning cryptocurrency and NFTs, here is another potential project is NFTanks.
NFTanks is a skill-based play-to-earn game built on the Binance Smart Chain blockchain. NFTanks is built around the philosophy that players should own in-game assets and be rewarded for their engagement.
Token Tanks is a digital militarized universe where players build, arm, battle, and trade Tanks, 3333 unique state-of-the-art digital military vehicles( DogeTankers) built to battle and earn cryptocurrency.
Interactive play to earn Game - If you are a gamer, you have the opportunity to make money while having fun and competing. If you are not a gamer, you can trade the game’s NFT assets in order to profit. The play-to-earn movement is an emerging phenomenon in gaming, wherein players' NFT games collect rewards within the game that can later be converted to real cash. Though this form of cryptocurrency has been around for a few years, it reached new heights during the coronavirus disease 2019 (COVID-19) pandemic, with ensuing lockdowns rendering millions jobless and open to earning money through gaming.
Farming and staking utilities - DeFi is finally coming to the blockchain gaming space, which is good news for the pro gaming geeks! Now you can show your gaming skills, collect rewards as NFTs, and then stake those rewards within the gaming platform to earn yields. The blockchain-based gaming platforms are now using NFT gamification with Yield Farming to maximize the rewards for the players and keep them hooked.
NFT Marketplace for the platform - The increased adoption of NFTs since the notable virtual kittens’ craze of 2017 has opened the online gaming market to a profitable frontier. NFTs games are blockchain games that allow users to purchase in-game items as collectibles to be used as weapons for completing tasks or to be sold to other users within the game and on other NFT marketplaces. With NFTs, games are not only exciting but also potentially rewarding. 3333 unique NFTs generated from 230 hand-drawn features. 5% of tokens will be distributed free of charge among all holders of the unique NFT collection. Owners will have access to all the benefits of the game, bonuses, and gifts.
Game modes of NFTank Game
PvE Mode - This is basically a training mode where new users or mature players can sharper their skills before jumping into the actual game and competing with other players for rewards.
PvP Mode - With a reward for winning in battle in NTS tokens. Each player can block a certain number of NTS tokens to receive a prize for winning. The loser is left with nothing. Each player must lock a fixed/certain amount of NTS tokens to receive.
Team battle - Team battle on a large 2v2 or 4v4 player map with a reward for the winning side. Players will be able to collect and upgrade various DogeTankers in order to earn NTS tokens.
Tokonomics
NTS is the native token of the NFTanks ecosystem built on the Binance Smart Chain that works as a backbone of the platform. NTS can be used to purchase the NFT, upgrade the gameplay, and can be utilized as staking, farming, and player's rewards on the platform.
Roadmap
Conclusion
The worlds of crypto and video games are fast colliding. The combination, dubbed "play-to-earn" and more broadly part of the decentralization movement known as "web3," could result in a whole new generation of gaming experiences with real-world economies and new player incentives. This, in turn, could radically upend traditional business models in the game industry.
For More Information
Website : https://nftanks.app/
Telegram : https://t.me/nftankss
Discord : https://discord.gg/z2ZuHJbzgW
Twitter : https://twitter.com/NFTanks_Game
Author : harum93
BSC address : 0xAcd9BF8EC3E202833891c38a595Ea0568aE034f7
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