5 Reasons to Onboard with NFT Games in 2022

Ever since the first wave of NFT popularity with collectibles like CryptoPunks and CryptoKitties, you must have seen thousands of crypto projects flourishing on the market in the past five years. In 2020, interest for NFT reached a market bull cycle as cryptocurrency soared in value. The NFT trading volume hit $17.6 billion last year, spiked an increase of 21,000% from 2020. Whether you are a crypto investor or a game enthusiast, here are 5 reasons you shouldn't miss engaging in NFT games in 2022.

1. Functional Use in Web3:

In traditional gaming, players spend their time and sometimes capital in exchange for entertainment. Players in blockchain game economies have the opportunity to generate revenue, innovate, create, and have a true stake in the game world. In other words, owning game NFTs puts more influence into the hands of the gamers who, arguably, make a game valuable in the first place.

2. Benefit from Monetization Model:

Since play-to-earn has been brought into concern in the past two years, this unique in-game economy was introduced to a larger player base. Thus accelerating the maturity of game currencies and their tokenomics. Play-to-earn fundamentally changes the distribution of economic power among different stakeholders in the gaming ecosystem.

3. Engage the Metaverse Ecosystem:

Metaverse projects today aim to develop architecture, engage users with transmedia stories and build virtual world platforms. NFT games provide a comprehensive infrastructure for users to integrate and vest their NFT assets in the context of the metaverse, and for users to experience the complex content of the metaverse through the medium of games.

4. Rarity of In-Game Property:

Like any NFT, the in-game asset is at its owner’s stake and should only belong to the player himself. These items and properties generally have randomized characteristics, with higher scarcity and more valuable ownership to players.

5. Growing Segment of NFT Game Market:

Core NFT gaming totaled $2.7 billion in volume in 2021, about 13% of total NFT volume. The $2.7 billion in core volume is just 1.5% of the broader $177.8 billion gaming industry, implying a huge TAM (Total Addressable Market).

ABOUT US

Power Dungeon is an on-chain role-playing game project based on NFT assets that allows players to complete maze escapes and gain earnings. Players shall experience various gameplay such as stitching dungeon maps, building dungeon territories, getting over various obstacles, and crafting unique equipment in a non-closed dungeon environment setting. All community content can be initiated and constructed by players in the future. We look forward to enhancing community ownership and participation, while enabling players to interact directly from different web3 projects.

Official Website ✔️ http://powerdungeon.xyz

Twitter✔️ https://twitter.com/PowerDungeon

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Telegram✔️ http://t.me/PowerDungeon