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NFT Projects Like SaveThePandas are Changing the Gaming Economy

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NFT Projects Like SaveThePandas are Changing the Gaming Economy

December 01
23:30 2021
NFTs are increasingly gaining traction among gamers in games like Axie Infinity and SaveThePandas.

Are you curious about Blockchains, NFTs, and their applications in gaming? Blockchain-based games reward gamers with cryptocurrencies for playing. Such games have digital assets, such as props or real estate, called NFTs. Any NFT can be traded in the in-game economy. An example of a successful Blockchain game can be Axie Infinity. It has millions of players, some of you may know about it or may have played it.

There’s nothing like the hype the latest NFT projects in the market have created. By the time you try to figure out one NFT project, there is already another one in the works. But don’t worry, we are here to update you about the NFTs and their use case in gaming.

Non-fungible simply means a unique and non-interchangeable unit of data stored on digital Blockchain. NFTs are mostly a part of the Ethereum blockchain. Ethereum is a cryptocurrency, like bitcoin or dogecoin, but its blockchain also supports these NFTs, which store extra information that makes them work differently from, say, an ETH coin. It can be associated with easily-reproducible items such as photos, videos, audio, and other types of digital files as unique items, and use blockchain technology to give the NFTs public proof of ownership.

The rising acceptance of NFTs since the remarkable virtual kittens’ frenzy of 2017 has carved up an effective sector in the internet gaming industry. NFT games built on a blockchain enable users to buy in-game items in the form of NFTs. This buying and selling on a decentralized network are called Defi in collaboration with smart contracts that enable automated agreement terms between buyers and sellers.

NFTs may be anything – railroads, automobiles, characters, costumes, and so on. Users in-game reality or simulation games can buy virtual land, construct properties and manage companies, and socialize via avatars.

Unique things that can be marketed and purchased are of high interest in gaming. Their scarcity has a direct impact on their value, and gamers are already accustomed to the concept of worthy digital objects. Microtransactions and in-game shopping have given rise to a multibillion-dollar gaming sector that might benefit from NFTs and blockchain technology.

At Save The Pandas, we have actively built blockchain technology into our NFT project. It’s as unique as it sounds! It starts with 1900 Panda NFTs, the same amount as the number of Pandas in the world currently. Here, all you need to do is increase the number of Pandas in the multiverse and try to expand and reclaim destroyed lands, and of course, play for survival. Sounds interesting right?

What’s more? We will donate 25% of our mint profit to organizations that actively work on saving the Pandas and other endangered animals around the world. Minting is to start on Dec 14th and it’s expected to sell out within minutes: https://savethepandas.io/

The thing about traditional gaming is that it becomes redundant over time. But with NFTs you have access to your characters and purchases even when the game shuts down.

Media Contact
Company Name: SaveThePandas
Contact Person: Harsh Shukla
Email: Send Email
Country: United States
Website: https://savethepandas.io/