To understand which NFT games without investments are the most promising, you need to start with the basics. NFT stands for “non-fungible token”. This is the name of a cryptocurrency that cannot be equivalently replaced. That is, it exists in a single copy, so its value is higher than that of conventional cryptocurrencies. However, the value of an NFT is determined not only by its uniqueness. The value of an irreplaceable coin depends on the market conditions and external factors.
For example, if we are talking about the art of a digital artist, the work of one of the leaders of the trend (Beeple) will cost several orders of magnitude higher than a token issued by a little-known author. When it comes to virtual land (also presented in the NFT format), a “bare” square in Decentraland costs several times less than a built-up one. Especially if the latter has a popular gaming location or GUCCI gallery.
NFT games with and without investments appeared because irreplaceable tokens began to gain popularity. And also because the concept of the Metaverse (which appeared long before Mark Zuckerberg renamed Facebook Meta) began to develop. Today, the Metaverse covers all areas of digital reality, from finance to art. And NFTs play an important role in these industries.
The thing is that NFTs are based on smart contracts. According to such a contract, certain actions are carried out only if the conditions agreed upon by the parties are fulfilled. For example, a buyer receives an object only after transferring money to the seller. And vice versa, the seller receives funds only after the object is transferred to the buyer. A smart contract is executed once and cannot be influenced from the outside. This eliminates the possibility of fraud and ensures that only one user – the owner of the smart contract – has the right to own the object at one time.
What do NFT games for phone and computer have to do with it? The point is that games have a lot of variable parameters. For example, character properties, equipment items, items with temporary effects, pets. All this can be represented in the form of NFTs. And then exchanged and sold with the conversion of cryptocurrency revenue into fiat.