nft games free to play

The Essential Things To Consider When Building An NFT Launchpad Platform

The Essential Things To Consider When Building An NFT Launchpad Platform

NFT creators were becoming discouraged due to the inability to mine their projects until competent developers created NFT launchpads to save the day. A few years ago, NFT projects were skyrocketing in prices as sales were consistently increasing. 

At a point that seemed its peak, NFT sales soared by 85 percent, allowing creators to amass a whooping sum of $290 million. That was 2020. Before June 2021, the sales have increased beyond $2.60 billion. The good news kept spreading as NFT trades steadily generated higher income for NFT creators and developers.

Related: The 8 Simple Steps To Mint Your Token on NFT Launchpads

However, the high sales volume started attracting many potential creators and users, which increased traffic on the Ethereum blockchain. Consequently, the high influx of developers and investors caused gas prices to soar, making NFT mining ridiculously expensive. The effects mainly fell on creators reducing the ability to create more NFT projects. Click here to get about the best financial benefits of NFT launchpads you need to know.

The creation of NFT launchpads came with the long-awaited solution enabling creators to raise funds and market their various NFT projects. Since the fantastic revelation was announced, NFT creators have reached lofty heights and earned more profits. 

The Essential Things To Consider When Building An NFT Launchpad Platform

Are you also interested in owning an NFT platform? It is not impossible. You can build a less sophisticated NFT Launchpad that creates a fair trade atmosphere for developers and investors. Yes, you can build an NFT launchpad that works. However, you must ask a few questions when making your NFT Launchpad get the best results. 

How does the NFT platform work?

NFT Launchpad allows develop0ers to create and launch NFT projects of different categories. This platform will enable creators to raise funds to launch and market their projects quickly. Of course, NFT launchpads are similar to their IDO counterparts, but NFT developers exceptionally design the former.

Does an NFT Launchpad have any business advantage?

As you might have also deduced, NFT launchpads help NFT creators to build and launch several impressive NFT projects quickly without the difficulty of funds. In other words, users can use NFT launchpads to develop a unique portfolio and establish an active business community that increases returns and reduces transaction costs on NFT trades. 

Meanwhile, NFT launchpads are not only for creating NFT projects; there are many other NFT-related exploits you can do with each tool on the platform. You can customize your NFT Launchpad to provide more business benefits. They include:

  • Global presence 

NFT launchpads create a global village where creators and investors can relate on business terms. How does it feel to know you can showcase your business to your target audience worldwide on just a platform? That’s what NFT creators get on launchpads. As a creator, NFT Launchpad helps you get your projects to your audience wherever they are in the world. 

The Essential Things To Consider When Building An NFT Launchpad Platform
  • Readily available liquidity for minted NFTs

As NFT projects get more attention from investors, the community grows wider, thereby making the platform more traffic. It doesn’t end there; the platform records more NFT trades, making liquidity more readily available for newly minted NFTs.

  • Royalty  

NFT creators give users loyalty rewards to appreciate consistent patronage, which helps build a solid legacy with NFT lau8nchpad.

  • Development of native tokens 

You can uniquely design an NFT Launchpad to allow creators to develop a native token for the community. This feature serves two benefits: it enables creators to raise more funds and provides users with staking reward benefits. 

What makes successful NFT launchpads?

Before you take the plunge and start developing your NFT Launchpad, you must ask about some essential touchups that make the most of the top launchpads successful. Here are some of the most common attributes of a typical fruitful NFT launchpad.

  • Staking 

A productive NFT launchpad allows its token holders to stake their tokens and join the NFT sales on the network. When participants stake tokens, they get attractive staking rewards and stay motivated.

  • Deflationary NFTs

You can widen your horizon by creating a deflationary NFT launchpad. This feature helps you make an even distribution of NFTs. Meanwhile, the problem of distribution has been an issue in the blockchain space. Deflationary NFT platforms solve the problem.

The Essential Things To Consider When Building An NFT Launchpad Platform
  • Vaults of the NFT

NFTs vaults give users peace of mind, guaranteeing maximum security for their NFT. Knowing that your digital property is safe and secured encourages you to invest more and relax for your business to mature and yield.

  • Swaps of NFTs

This feature helps users to deposit their NFTs on the platform and get ERC20 or BEP20 token derivatives which are tradable on diverse DEXs.

  • Cross-chain 

Not every NFT or token can cross-chain. Does that sound disheartening? Of course, it does. And that’s one of the most severe difficulties in the blockchain community. However, with the creation of cross-chain NFT launchpad space, users can now get NFTs at the lowest price possible. This benefit allows users to transfer tokens to diverse blockchains, which helps them save a considerable amount of money on gas costs. If you plan to build an NFT launchpad, enable the cross-chain feature for more productivity. 

What are the fundraising opportunities users can get from an NFT launchpad provide? 

There are some essentials if you are wondering about the fundraising opportunities you can input in your platform development. 

  • NFT initial Public Offering (IPO)

Only native token holders with a particular NFT project have exclusive access to NFT sales. As an NFT creator, you can choose a lottery method, a guarantee allocation system, or a first-come; first, serve technique.

  • Initial Coin Offering (ICO)

The NFT launchpad can create native tokens for NFT developers. The platform can then retain an Initial coin offering to sell the tokens, which creators can use to develop the launchpad community.  

In Conclusion

You can create a productive NFT launchpad with little effort. But you need to work hand in hand with developers who understand how NFT platforms work. An expert launchpad developer will assist you in building your launchpad website or application that controls the minting, marketing, and entire production process. 

Considering the risks of nft games free to play

Considering the risks of nft games free to play

NFTs, or non fungible tokens, were all the rage in 2021, with NFTs ranging from famous internet memes to the source code of the World Wide Web fetching millions of dollars. NFT games have been there since the launch of CryptoKitties in 2017, but their adoption in the mainstream gaming business has been a contentious issue. While big game creators have indicated interest in cryptocurrency and nft games free to play, numerous players have raised fears that the introduction of NFTs may result in the commercialization of gaming time.

NFT games now provide NFT virtual game territory, NFT game characters, virtual game add-ons such as NFT character skins, and even the opportunity to appear in the game as an NPC. The value of these nft games free to play, on the other hand, is only as high as the game’s popularity and durability. NFTs are seen by some as little more than novelty features introduced to popular NFT games in order for publishers and developers to generate more money by selling gamers exclusivity and game ownership.

Despite the fact that numerous NFT games producers have assured players that their game is backed by low-energy blockchain technologies, many have questioned the necessity for an environmentally hazardous technology, particularly when it offered no actual value to the game.

Last week, Peter Molyneux, the creator of the god game genre — in which players are in charge of a large-scale game with autonomous characters to protect and influence — and developers 22cans Studio announced that they were working on the first ever Blockchain Business Sim called Legacy. In Legacy, players must create products and buildings from thousands of available parts in the game. “It’s all in your hands now. Every industry, every worker, every decoration, every road, every home… You are the one who created and cared for them all. It’s a universe where every choice you make has an impact on the game you’re playing “In a blog post, the creators said.

Players must acquire virtual game land using NFTs in order to form their own in-game blockchain ‘business organization.’ Players who own a business association will get access to ‘Legacy Keys,’ which may be leased to those who wish to launch their own in-game enterprises, thereby turning them into in-game business partners. They will share a percentage of their earned ‘LegacyCoin’ with the player as part of their agreement.

LegacyCoin is a new Ethereum-based cryptocurrency that may be used to buy Legacy Keys for lending and trading in the game economy, as well as to buy unique game item NFTs. It may be obtained via a variety of competitive events in where players’ “design talents and town management will be put to the test against other players for leaderboard positions and large rewards.”

Despite the fact that the game isn’t due out until 2022, Rock Paper Shotgun says that developer 22cans has already sold NFTs of virtual land valued about £40 million for actual money in less than a week. “All of the ‘Land’ plots sold thus far have sold for more than 14,000 Ethereum, or roughly £40.5 million in actual money. The most costly was a London plot, which sold for the equivalent of almost £670,000 in a limited edition of one at Ancient (artificial) rarity “According to the article.

Considering the risks of nft games free to play

Players that buy this virtual land become virtual landlords, seeking to recoup their investment via in-game business relationships with other players. “The potential to profit from ‘LegacyCoin’ is predicated on both the game being launched in 2022 as planned, and on people actually purchasing and playing it,” according to the paper.

Given what occurred with Evolved Apes, an NFT-based fighting game, this prerequisite is critical when investing in NFT games. As NFTs, the game gave players a selection of 10,000 distinct game characters or apes who would be “locked within a lawless area, struggling for life, only the strongest ape would win,” according to the game’s description.

However, less than a week after the project’s announcement, the developer identified only as Evil Ape fled, taking with him the funds earned during the NFT auction as well as the project’s official Twitter account and website. The funds were expected to go toward the game’s development and marketing. According to Vice, Evil Ape syphoned 798 ether ($2.7 million) from the project’s money in various transactions, leaving evidence on the blockchain.

Choose NFT games that include a play-to-earn feature.

As previously stated, not all NFT games follow the same set of rules and mechanics. Make sure you pick a play-to-earn model while playing the NFT games.

You may choose from a variety of NFT games, including the well-known Axie Infinity, Gods Unchained, Sorare fantasy football, and any other NFT game. These are the finest options you have if you want to generate money from a game.

Learn about the game’s mechanics and market requirements.

The amount of money or NFT you want to earn is determined by how other players value and earn cryptocurrencies in the game.

If you can guarantee that, you can generate money on your own by selling or exchanging products at a market or an auction house.

Considering the risks of nft games free to play

Recognize the Sources of Value

You must understand where the value originates from in order to ensure that you can earn anything from the game you choose.

The value is determined by the token’s collectability or its in-game usage. As a result, you may make educated guesses based on such information.

Take care not to lose money or NFTs.

Even if you’re playing this game to make money or NFTs, you might still lose money. Keep an eye out for it.

Do not be concerned if you lose your money throughout the game. It doesn’t always imply you’re being conned.

Money fluctuates due to market factors, but the value of NFTs is determined by the value that individuals put on them.

Apart from that, if we’re talking about NFT games, you should be cautious and safeguard them as much as possible. Because the value of NFT games is really high.

Conclusion

This post has now provided you with the solution to the question of how to play NFT games. Even so, you should study the game’s rules or mechanics before playing it to avoid any unpleasant surprises. Have fun with the game.

Heard about these NFT games

Heard about these NFT games

NFT games enable you to earn cryptocurrency as a reward. You’ll also have the opportunity to gain one-of-a-kind digital objects with in-game worth, such as those associated with characters, apparel, and even land plots.

We’ll go through some of the top NFT games on the market today, as well as provide you a fast outline on how to get started with your own non-fungible token quest. We’ll also look at the most anticipated new NFT games for later this year.

A Closer Examine of the Best Earn-to-Play Games

When looking for the top NFT games on the market, you need first make sure that you’ll love playing the game like the six dragons, bomb crypto and others. Then see what in-game awards are available and how much NFT you may earn. Some even provide the NFT as a freebie.

The finest NFT games for 2022 are reviewed in the categories below.

Overall, Lucky Block is the best NFT game for 2022.

When it comes to the finest NFT games for 2022, Lucky Block is on top. The Lucky Block platform, which offers daily prize drawings enabled by a simple smartphone app, is one of the most eagerly awaited in the larger crypto sector. The Binance Smart Chain (BSC) hosts this decentralized crypto prize draw platform, guaranteeing that awards are dispersed fairly and openly.

Users may buy tickets to the daily prize drawings using the Lucky Block app, with the jackpot pool being supported by ticket income and the transactional tax embedded into each sale of LBLOCK – Lucky Block’s native token. The Chainlink VRF service is used to choose winners at random, guaranteeing that Lucky Block complies with all regulatory standards.

Not only will Lucky Block provide daily jackpots, but by buying a Lucky Block NFT, you may also win two jackpots each day. These NFTs serve as lifelong entries into special NFT prize drawings, with a potential payment of $10,000 on average. Interestingly, all NFT holders will be placed into a one-time $1 million prize draw, with a second draw taking place after all NFTs have been sold, with the winner receiving a brand new Lamborghini.

The charity foundations of the Lucky Block platform, as indicated by recurring contributions, are an important element of the platform. A total of 10% of each daily jackpot will be given to good causes, with Lucky Block players deciding which charity will get the winnings. Users will be able to vote on four causes, with 70% of the vote going to the winner and 10% going to each of the other three.

The prize drawings for Lucky Block will begin on May 15th, and the platform’s Telegram channel is already buzzing with excitement. Because of this, as well as the other features mentioned, Lucky Block is without a doubt our top selection for the greatest NFT games.

Heard about these NFT games

Silks – The Most Popular NFT Game with Exciting P2E Features

Silks is another choice when it comes to the best NFT games coming out this year. Silks is a new metaverse project that includes a variety of fascinating play-to-earn (P2E) gaming elements. The Silks metaverse, on the other hand, is fueled by the actual world of thoroughbred horse racing, making it one of the greatest NFT horse racing projects in existence.

This strategy is the foundation for how Silks players may profit from their in-game exploits. Players in the Silks metaverse may own racehorses (dubbed Silks horses) that are modeled after real-world racehorses. This relationship is made possible by relying on publicly available information about the horse’s pedigree, racing record, and development history.

Silks users will be rewarded when their digital horse’s equivalent wins a race in the real world, according to the Silks whitepaper. The $STT, Silks’ native transactional token, will be used to pay out these benefits. Players will be able to earn money via the breeding process and Silks’ revolutionary staking system in addition to racing incentives.

Silks horses (along with plots of virtual land) are organized as NFTs in this new NFT initiative, which allows for trade and speculating. This method enables users to use $STT to purchase and sell certain in-game products on the Silks marketplace. Finally, community members will be able to earn incentives via the mining process included into Silks’ Proof-of-Stake (PoS) consensus mechanism, guaranteeing that there are various ways to profit from this fascinating initiative.

GRD (Females, Robots, Dragons) is a premium fantasy and sci-fi NFT card collection on the Ethereum blockchain, comprising of 9,000 NFTs of 15 distinct characters (5 girls, 5 robots, 5 dragons).

Their artists have worked on World of Women NFTs, Star Wars NFTs, Hearthstone trade cards, and a variety of other projects.

Heard about these NFT games

The GRD NFT collection is divided into two series: 3,000 NFTs that can be purchased for 0.07 ETH (0.06 for early purchasers) and 6,000 vaulted cards. These may be purchased using $DUST utility tokens or won as a Loyalty Reward for buying a GRD NFT from the main sale while holding an Ether Card Founder NFT.

The GRD NFT drop also contains a collection card game in which players must collect four different categories of cards – common, uncommon, epic, and legendary – in order to complete a whole book (with all 15 different characters) and be eligible for incredible rewards.

Prize pools for the GRD collectable card game will also comprise 20% of total sales and 25% of royalties, with a maximum redemption of 3.5 ETH per book.

Galaxis utility qualities are included on the first 3,000 NFT cards, allowing the possessor to claim different products and/or perks. Physical redeemables, signatures, and virtual interactions with the artists are examples of utilities.

Girls, Robots, and Dragons NFTs are also dust proofed, which means you’ll get DUST tokens for the same amount as the NFT.

Decentraland is a fun metaverse NFT game with a lot of potential.

Decentraland is another great NFT game to play in 2022. Insofar as Decentraland is an NFT and metaverse inventor, this platform delivers the best of both worlds. Decentraland asks you to build a customized avatar that you may edit in its most basic form.

Your avatar will then join the virtual realm of Decentraland, where you may explore and interact with other players. Decentraland is notable for enabling users to purchase virtual land parcels that may later be used to construct real properties. As a result, this real estate is represented by an NFT token, which may subsequently be traded on the open market.

You may earn a number of NFTs in addition to land and real estate holdings, allowing you to customize your Decentraland game experience. Every NFT sold in the Decentraland ecosystem is paid for using MANA, the platform’s native coin.

With a debit/credit card or an e-wallet, you may acquire MANA tokens from the SEC-regulated eToro for only $10 per transaction in under five minutes.

Decentraland, being one of the leading NFT gaming platforms, consistently releases fascinating new NFT games, so there’s always something new to try.