The Rise of GameFi and NFT-Based Games
To the end of 2021 and the start of 2022, we saw the rise of NFTs and how they are revolutionizing the art and entertainment world. Many viewed this period as the bubble for NFTs, with the wider crypto market slumping and the prices of major NFT collections dropping considerably. Despite the price drop and domestic investors losing interest, we didn’t see Web3 developers and crypto enthusiasts pushing the industry forward.
From this came the birth of GameFi and the introduction of NFT-based games, allowing users to earn money for participating and performing on these games’ platforms. Leading projects like Axie Infinity and CryptoKitties quickly gained interest from the global crypto market, while smaller projects began to recruit development teams.
Today, we have cutting-edge projects like WAGMI Crypto Games, taking classic game concepts and adapting them to suit the modern player. Despite a wealth of exciting projects in the crypto gaming space, many of these platforms are still in the early stages and, in terms of pure gameplay, cannot be compared to the latest releases from PlayStation and Xbox.
GameFi lovers are attracted to the platforms because they offer a new angle for gamers; the ability to earn digital currency that has real-world value by playing a game. But how do you earn money through gaming?
How Do NFT Games Work?
Non-Fungible Token (NFT) games rely on a blend of customary gaming design and atypical gaming systems, commonly focused on blockchain. These games incorporate NFTs not just in their operations but also in their rules and gamer collaborations. To illustrate, the items you come across during the game can be NFTs that you can gather, and you may be capable of sharing NFTs with other players.
You can also detect Play-to-Earn (P2E) NFT games that permit users to earn digital currency by playing. In these cases, gamers are recompensed with tokens and can get even more the more they play. Nevertheless, most of these platforms require a chunk of capital at the entry point you must recover before making a profit.
WAGMI Defense
The first phase of WAGMI Games is a PVP tower defense platform on Android and iOS (desktop in future stage) platforms. Players will fight against one another using units representing the "NFTs" within the game. These NFT cards are collectible cards that can be procured from the "WAGMI Network." Every card will have a distinct measure of power and a differing cooldown period.
The game "WAGMI Defense" wants gamers to steadily destroy the rivals' essential bases by masterfully placing down traps, hostile actions, and preventive moves. People who win competitions in the game will be given WAGMI tokens. These tokens can be transferred to their blockchain wallet and saved or exchanged for other cryptocurrencies through exchanges that list WAGMI. There will also be leaderboards where greater gains will be registered, and players can track their progress.
Participants can try the game without paying, equipped with an "original collection" of cards. If a person wishes to attain a higher ranking and higher paying experience, they will have to order Non-Fungible Tokens from the "WAGMI Network," for which real digital money will be charged. We should mention that the token name for the WAGMI network is listed as Euphoria (WAGMI), so don’t be confused by this - we wish you the best of luck battling it out on WAGMI Defense.
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