We have seen crypto scam projects pulled from the grave. These would leave investors out of pocket while the teams behind the games came out on top. Rug pulls were unfortunately a common occurrence. This has created room for fraudulent behavior. Until 2023, we have seen little legislation in Web3. Investors pumped large amounts of money into tournaments, taking them global and inviting new audiences to witness them. 2022 was the year that esports became a huge thing for crypto games. Games based on crypto are definitely legit. Game developers are able to build their Web3 game projects on different blockchains. Again, they can be sold for money, similar to crypto.

NFTs in crypto games are acquired through crypto airdrops, the secondary market, or by playing the game. They can be used to enhance the gameplay or bring real-world value and use. NFTs also play a big part in crypto games. After this, players can sell the tokens, swap them, or use them within the game. The main model that drives web3 games is “Play-To-Earn” (P2Eto Having this integrated into a game allows gamers to earn cryptocurrency whilst playing. Play to earn crypto games play similarly to the games we have all grown up playing. We have also seen crypto games make it onto consoles, with the likes of Microsoft and Sony now jumping onto the blockchain. Like normal digital games, crypto games are available on multiple platforms. Games based on crypto may seem daunting at first, but the fundamentals that drive them are fairly similar to traditional gaming. The first step is to understand what crypto games actually are.

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