The Ultimate Guide to Investing in Mobile NFT Games

The introduction of blockchain to gaming was a real game-changer. Gamers now get paid for their time spent gaming, so much so, these days gaming could be considered an investment. This is why our article today will be focused on giving you the ultimate guide to investing in mobile NFT games.

Every tip, strategy, and technique I will share in this article is something you can begin to do right now from the comfort of your phone. I’ll also be giving you a list of all my favorite mobile NFT games to start making some cool cash right now.

How It All Started

Axie infinity kicked off the NFT gaming craze with gamers initially earning up to $50 daily from gaming. Although this may have slowed down a bit, it’s very obvious that we are just in the overture of the gaming revolution.  

The impact of the pandemic cost a lot of people their jobs having to stay home during the lockdowns that followed. Play-to-earn games created the perfect opportunity to survive, especially in developing countries. 

It’s little wonder this form of gaming has received a lot of attention in low-income countries such as the Philippines and Africa. In these regions, many people have taken up NFT gaming as a full-time occupation. And why not? These games have earned many of these players an income far higher than what they receive from their 9 – 5 jobs.

The NFT Gaming Industry Is Burgeoning

NFT gaming is a rapidly expanding market as a lot of gaming platforms continue to adopt the game-changing blockchain technology. NFT gaming received a lot of traction in 2021 as the number of wallets linked to gaming activities spiked in Q3 from 29,563 in the first week of the year to 754,000. A whopping 2,453% increase! 

Also, according to DappRadar, games accounted for over half of blockchain wallet activity in the third quarter of 2021. In October of the same year, gaming crossed 1 million daily unique active wallets on average for the first time. 

Axie Infinity accounted for $2.08 billion which was 90% of the total trading volume in the third quarter of 2021. The trading volume of blockchain games also grew quarter over quarter, and in the third quarter of 2021 by 762% to $2.23 billion.

These numbers are probably causing your head to spin. Well, that’s because the NFT gaming industry is going crazy right now and you can cash in on this boom.

The NFT gaming market, though in its initial stages, is a potential goldmine that no gamer should sleep on. Even non-gamers are cashing into this growing market and are making a fortune by doing so. 

The adoption rate of NFT gaming is growing fast. And it is also possible that in the future, maybe when the metaverse comes to full fruition, some gamers will live in games and make a living from them. I know it sounds a little futuristic and extreme, but who thought we would ever earn living playing games for fun?

Mobile NFT Games Are Fast Becoming All the Rage 

NFT gaming started with games on PC but developers are moving towards creating mobile versions of NFT games. This migration will make NFT games accessible to the huge market of mobile phone users. And it makes sense because everyone has a phone.

Games like Axie infinity, which is the most popular NFT game, now have both Android and iOS versions. And these mobile versions have received massive adoption.

So, with the development of mobile NFT games, the number of gamers will undoubtedly soar. This, therefore, means that the industry will grow and become even more lucrative. As I said in the beginning, we are still in the very early phase of the NFT gaming boom. I hope you’re beginning to see why.

But Wait… What Are NFT Games and How Do They Work?

NFT games are also known as play-to-earn games. You can also refer to them as GameFi if you want. As you can probably tell, the word “GameFi” comes from a union of the words “gaming” and “finance.” It’s just like we have DeFi for decentralized finance. 

GameFi is the product of the marriage between traditional gaming and blockchain-powered financialization. In traditional gaming, assets and points collected in-game are stored within the game itself. This means that they can be lost when the game is shut down or the publisher goes bust.

GameFi, on the other hand, offers independence and ownership of in-game assets to the gamer. It also presents an opportunity to make money through gaming.

We Should All Be Thankful for Blockchain

The introduction of blockchain makes GameFi decentralized such that assets acquired in-game are owned by the gamer independent of the publisher or any organization. Therefore, in-game assets owned in NFT play-to-earn games cannot be lost. This feature democratizes gaming and places power in the hand of the gamer.

Blockchain technology also makes these games transparent. All in-game purchases are recorded in the digital ledger and open for everyone in the game. There is no room for shady manipulations with this technology, which establishes trust among the players.

Another feature that blockchain technology confers on these games is security. With NFT games, the risk of losing data is minimal, thanks to blockchain. The complete data of the game is stored on the digital ledger in a way that it cannot be tampered with, manipulated, or deleted even if the game stops abruptly.

Now, Let’s Talk Money

NFT Gaming tokenizes several aspects of games, converting them to digital assets that can either be traded in exchanges or in-game. In the past, these assets were accumulated for fun and bragging rights in gaming communities, which was cool but wasn’t money. I mean, bragging rights are great and all, but wouldn’t you rather all your bragging rights could be converted to dollars?

Unfortunately, the tokenized aspects of games sometimes serve as an entry barrier for beginners. The gamer may be required to purchase some in-game assets before being eligible to play the game or earn from it.

How to Invest in Mobile NFT Games

You Can Be a Gamer But You Can Also Be a Non-Gamer

Investing in NFT gaming can be in three forms. 

The first is as a gamer which is the category under which the majority of investors in GameFi fall. They simply play to earn tokens and acquire digital assets. 

Secondly, you can invest as a non-gaming investor. Some NFT game tokens can be bought on exchanges. This allows them to be held, swapped, traded, or sold for profit.

Third, you can invest as a collector. You can buy NFTs generated in-game that are traded on exchanges to build a collection. This collection can be held for the long run, sold, or rented out to gamers who cannot meet the games’ entry requirements.

Got the Resources? Consider Being a Manager

The entry requirement for some games is expensive. For example, Axie Infinity requires beginners to purchase three NFTs and the cost can be as high as $500 – $1000. The good news, though, is that Axie infinity and some games now offer scholarships for beginners on their platform. 

In Axie Infinity, a manager (a player with more than enough Axies) gets a scholar (a beginner who can’t afford an Axie team) to play the game for him using their Axies. The SLP (Smooth Love Potion – the native token of the game) earned by the scholar is then split between the manager and the scholar depending on the agreement. 

So, an investor who has no time can accumulate Axies and have some scholars play for him while he earns more SLP without spending a minute gaming.

Not Enough Resources? Join a Guild and Become a Scholar

A beginner who cannot afford the entry requirements can consider joining a guild gaming platform. 

In video games, a guild or clan is an organized group of players that play together regularly in one or more multiplayer games. These gaming guilds offer services that range from training gamers to hosting or taking part in gaming competitions to renting NFTs and digital assets to gamers. 

Some guild gaming platforms have the vision of building an economy around gaming tokens. Others want to help gamers from parts of the world hit by unemployment due to the COVID pandemic.

The top guild gaming platforms people can join right now and start earning money are;

• Yield Guild Games
• Good Games Guild
• GuildFi
• Earnathon.

You Can Stake NFTs Too

Staking in NFT gaming is another way gamers can earn more profits and rewards from gaming. NFT staking is a little more long-term, though, but it is highly rewarding. You can stake any kind of in-game asset including avatars, skins, weapons, coins, and more. Staking is similar to earning interest of your investment.

Some games have these staking mechanisms built into them. But for some other games, staking would have to be done on an external platform. The NFT remains in the staking pool and generates profit for the gamer depending on how long the gamer desires to leave it. Profits gained from staking depend on the rarity and the value of the NFT.

A non-gaming investor in NFT games can also buy gaming NFTs on exchanges and stake them for long-term profit. This way the investor can profit from the NFT gaming market without having to play.

Top Five Mobile NFT Games for the Highest Profits

NFT games started as desktop-compatible games. However, developers are now making them available in mobile versions for the vast population of mobile gamers. As a gamer interested in playing to earn, here are five mobile NFT games to look out for. 

Axie Infinity

This is an Ethereum-based game that involves collecting, training, and battling monsters in PvP or PvE mode. Players earn Infinity shards (AXS) and Smooth Love Potion (SLP) in the process. These can then be sold for ETH on the Axie Infinity marketplace. 

The game requires players to have at least three Axies to participate. Players who cannot afford the three Axies have the option of a scholarship.

Farmers World

Farmers World is built on the WAX blockchain. Players build farms with various tools and resources and engage in farming activities. The players earn by harvesting their farms and battling other farmers while they wait for the harvest.

Reward Hunters

Reward Hunters has several features;

• The open world
• The medieval setting
• A battle royale mode
• Multiple avatars

Players participate in 1v1 battles or an eight-person game, in which the last person standing wins. The game rewards players in Binance coin (BNB). And players need to acquire RHT tokens to participate.

Plant Vs Undead

Plant versus Undead’s core gameplay looks like Plants vs Zombies. It is a multiplayer tower defense game that allows players to own their plants as NFTs. I listed this because it is a free-to-play game and has no entry requirement.  

Monsta Infinite

This is a monster-based game that involves the monstas battling one another. Each monsta has six card skills, two attack cards, and two defense cards in the game. The game requires players to have three monstas to participate.

Wrapping Up

Mobile NFT gaming presents many earning opportunities for the vast population of mobile gamers. The beauty of the industry is that you don’t have to be a gamer to profit from this multi-billion dollar industry. 

So, the ball is in your court right now. With everything you now know about investing in mobile NFT games, what’s your next play going to be?