Not to Lose Cryptos in Blockchain Games

Not to Lose Cryptos in Blockchain Games

Play To Earn Games | 08 May 2024 12:18 UTC

Blockchain games, while relatively new in the gaming industry, have already shown potential for innovation and disruption. However, due to their youth, these games also come with certain risks and challenges, such as potential loopholes and security vulnerabilities that can lead to gamers losing their assets. As with any new technology, the future of blockchain games is uncertain, but it is an exciting area to watch as it continues to evolve.

To ensure safety and security while playing blockchain games, it is important to stay vigilant and educated about potential risks and hazards. This includes being aware of common pitfalls such as human error, scams, and market volatility. By taking the necessary precautions and doing proper research, players can minimize their chances of losing assets and have a more enjoyable gaming experience. It's important to note that investing in cryptocurrency or blockchain games may be a high-risk activity, and it's essential to always consult a financial advisor before investing.

When it comes to playing blockchain or NFT (non-fungible token) games, it's important to take certain precautions to ensure a safe and secure experience.

To help gamers protect themselves, we have compiled a list of red flags to watch out for before investing time or money in a blockchain game:

  1. Lack of transparency: Be wary of games that are not transparent about their development team or project goals.
  2. No clear roadmap: A clear roadmap of the game's development plans and milestones can give you an idea of its future potential.
  3. No security measures: Make sure the game has implemented necessary security measures to protect player assets and information.
  4. No community: A strong and active community can be a good indicator of a game's popularity and potential.
  5. No smart contract audit: Games built on blockchain technology should have their smart contracts audited by a reputable firm to ensure their security and integrity.

By keeping these red flags in mind and doing your own research, you can make more informed decisions and have a more enjoyable gaming experience.

Staying safe and secure while playing blockchain or NFT games is crucial, but it's not always easy.

To help gamers protect themselves, we have identified some common mistakes that players make, and what they can do instead:

  1. Not reading the game's terms and conditions: Before playing a blockchain game, make sure to read and understand the game's terms and conditions, including any fees or charges.
  2. Not keeping your private keys safe: Never share your private keys with anyone, and always store them in a secure location.
  3. Not researching the game's team and project: Before investing time or money in a game, research the game's development team and project goals.
  4. Not understanding the game's mechanics: Make sure you understand the game's mechanics and how it works before playing.
  5. Not monitoring the game's development: Keep an eye on the game's development and community to stay informed about any updates or changes.

By avoiding these common mistakes and following the best practices, you can minimize the risk of losing assets and have a more enjoyable gaming experience.

Invest Time in Research, But What Should You Look For in Blockchain Games? 

One of the most important things a gamer can do to stay safe and secure while playing blockchain or NFT games is to conduct thorough research before investing any money. This includes researching the game or project's development team, their goals, and the overall transparency of the project.

One way to research a game or project is to visit its website and check if the team and their backgrounds are clearly visible. You can also check their LinkedIn profiles and other social media channels to verify their identities and learn more about their experience and qualifications. Additionally, it's a good idea to check the age of their social media accounts, as this can give you an idea of how long they've been active in the industry.

Another important step is to check if the game or project has a clear roadmap, and if the game has a smart contract audit from reputable firms. A community that is active and engaged is also a good sign of a game's popularity and potential.

By conducting thorough research and being aware of red flags, gamers can minimize the risk of losing assets and have a more enjoyable gaming experience.

In addition to conducting thorough research on the development team and project goals, it's also important to check for reviews of the game or project. If a game has mostly negative reviews, it may be best to stay away.

Another useful tip is to check the game's Twitter account and activity level. If the account has very few followers and little activity, it could be a sign of a potential scam or "rug pull" (when a project suddenly disappears with investors' money).

Joining the game's Discord community can also be a great way to gain insights into the project and get a sense of the community's overall sentiment. This can give you an idea of the project's popularity and potential, as well as help you identify any red flags or concerns.

It's also important to keep in mind that the market for blockchain games and NFTs is highly speculative, and you should always consult a financial advisor before investing. It's essential to be aware of the risks and potential pitfalls and to invest only what you can afford to lose.

Read between the lines, check regulations, and read the white paper

When considering investing in a blockchain game or NFT project, it's important to go beyond guesswork and take a closer look at the project's terms and regulations. This includes reading through the fine print and making sure that the project is transparent and user-focused, rather than solely focused on the company's interests.

One of the best ways to learn about a blockchain game or project is through its whitepaper or litepaper. These documents provide detailed information about the project's goals, mechanics, and development plans, as well as its potential risks and challenges. It's important to take the time to read these papers carefully and understand the project's vision and potential.

Additionally, you can check if the project has a clear roadmap, a strong community and if the smart contract is audited by reputable firms. It's important to keep in mind that the market for blockchain games and NFTs is highly speculative, and you should always consult a financial advisor before investing. It's essential to be aware of the risks and potential pitfalls and to invest only what you can afford to lose.

The crypto market is known for its volatility, and this applies to blockchain games and NFTs as well. To minimize the risk of losing assets, it's important to keep an eye on the market trends and make timely decisions. One way to do this is to stay informed about the parent company's recent developments, such as new investments, funding rounds, collaborations, and partnerships.

It's also important to remember that diversifying your investments is key to managing risk. Instead of putting all your eggs in one basket, consider spreading your investment across multiple games and projects. This can help lower the risk factor and increase the chances of a successful outcome.

Additionally, it's crucial to keep an eye on the game's community, the number of active players, and the game's development. A strong and active community is a good indicator of a game's popularity and potential, and a game that is still in development may come with higher risk.

As with any investment, it's essential to consult a financial advisor before investing in blockchain games or NFTs. It's important to be aware of the risks and potential pitfalls and to invest only what you can afford to lose.

crypto, blockchain game, nft game,
Mirandus AAA Blockchain Game

Crypto Games Will Not Bring You Riches

Entering into the world of blockchain games and NFTs with the expectation of getting rich quickly is not a realistic approach. These types of investments, like any other investments, come with risks and potential for loss. Additionally, it's important to be cautious of false advertisements or hype generated by word of mouth, and not make investment decisions based on emotions.

It's worth noting that blockchain games and NFTs can be a fun and engaging way to earn some extra money, especially in the short term. However, you should not expect to become a millionaire overnight. These types of investments are more appropriate for those looking for long-term gains and willing to accept the risks and volatility of the crypto market.

First, select free-to-play games

If you're new to the world of blockchain games and NFTs, it's a good idea to start with free-to-play games to test the waters and see if it's something you enjoy. Free-to-play games allow you to get a feel for the mechanics and gameplay without the risk of losing any money.

The "play-to-earn" model, where players can earn in-game assets or cryptocurrency by playing the game, is becoming increasingly popular in the blockchain gaming industry. Some of the biggest names in the industry are now rolling out free-to-play games that allow players to earn assets or cryptocurrency without any upfront investment.

It's worth noting that, not all free-to-play games are created equal and that some may still require in-game purchases or microtransactions. However, it's still a great way to learn about the blockchain gaming industry and see if it's something you're interested in without any financial commitment.

Final Word

Blockchain games are still in the early stages of evolution in terms of gameplay, security, and earning potential. However, there are several highly-anticipated AAA blockchain games set to be released in the next year or two, developed by some of the top names in the industry. This means that the fun element of blockchain games is becoming more prominent, making it more accessible to a wider audience.

If you are not yet confident about investing in blockchain games, it's a good idea to wait for the right opportunity to enter the market. You can keep an eye on new games and developments in the industry by visiting websites that specialize in blockchain games or following the latest news and trends in the crypto and gaming world.

Our website offers detailed game reviews, which can help you get a better understanding of the games, their mechanics, and their earning potential. You can also find hundreds of games on our website, which can help you find the right game for you. Keep visiting us for more information and updates on the latest blockchain games and developments in the industry.

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Metaverser - Game Review

Metaverser - Game Review

Welcome to Metaverser, the premier virtual shared space for socializing, gaming, and more. As the only multi-platform metaverse in the web 3.0, Metaverser is accessible from any device with an internet connection, making it easy for users to join in the fun from anywhere. Metaverser is the only blockchain game that doesn't sell NFTs and only players can bring the NFTs to life by the free-to-play in order to use them for more income inside the game or sell them to the other players on the marketplace. This makes the Metaverser the only game that you can genuinely make money compared to the other metaverses. Metaversers native token is $MTVT, and is listed on LBank, Pancakeswap and Bitmart. Metaverser is included in very few blockchain games that have implemented the rent-to-play concept. You can see the players renting out the NFTs. This mechanism can help the users that don't have a lot of time to play, and they can securely rent their NFTs for a limited time and a price of their choice, which can help them in earning as well. Here's where you can find how much our players have earned $BABA in the game. And here's where you can see the NFTs that the players have made and have sold on the Marketplace. Other than users completing challenges and earning an income inside the game, you can win prizes through our weekly Skate park and zombie house challenges as well, with various prizes.

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Brave Frontier Heroes - Game Review

Brave Frontier Heroes - Game Review

Brave Frontier Heroes BFH is the ultimate crossover experience, combining the gameplay of the extremely successful mobile game Brave Frontier with the economy of the number one blockchain game My Crypto Heroes. BFH offers players the best of both worlds, with the exciting gameplay of Brave Frontier and the unique economic opportunities of My Crypto Heroes. Optimized for search engines, Brave Frontier Heroes BFH is the go-to destination for fans of both Brave Frontier and My Crypto Heroes.

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Farming Tales - Game Review

Farming Tales - Game Review

Farming Tales is a groundbreaking game that merges non-fungible tokens (NFTs) and agriculture, introducing a play-to-earn farming simulator. The game aims to address the challenges faced by small farmers and entrepreneurs during the Covid-19 pandemic. Players are immersed in a virtual world where they own and manage their own farms in New Waxchester County. By utilizing NFTs, players can improve and develop their farms using different assets. The crops and products harvested can be sold as raw materials or transformed into high-value goods, which can then be sold in the town shops of New Waxchester. Farming Tales revolutionizes gaming by combining real-world farming elements with the potential for earning rewards through gameplay.

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Deadrop: Free To Play NFT Shooter - Game Review

Deadrop: Free To Play NFT Shooter - Game Review

"Deaddrop" is a newly released free-to-play AAA vertical extraction shooter (VES) that incorporates non-fungible tokens (NFTs) to elevate the online multiplayer gaming experience. Developed by Midnight Society, a game studio founded by the well-known YouTuber and content creator Dr. Disrespect (Herschel "Guy" Beahm IV), the game has garnered rapid popularity due to its unique take on the battle royale genre. Released on July 30, 2022, "Deaddrop" offers fast-paced, competitive gameplay reminiscent of titles like Call of Duty, making it suitable for players of all skill levels. One notable addition to Midnight Society's offerings is the "Founders Pass," which includes unique NFTs that grant access to special in-game content. These NFTs serve as a token of appreciation from game developers to loyal players, providing them with a sense of ownership within the game. The gameplay in "Deaddrop" not only delivers excitement but also boasts impressive graphics and intense gameplay mechanics. Its distinct vertical extraction shooter concept sets it apart from conventional battle royale games, offering players a fresh and thrilling gaming experience. The game's storyline is set in a future world ravaged by climate wars, where city-states have emerged as dominant governing entities. These city-states rely on towering Refiner States to extract toxins from the atmosphere, and they sustain themselves by trading a valuable substance known as "Space Dust." Gangs and factions battle for control of these Refiner States, each vying for authority over the resources and tools within these towering structures. Players have the option to align with either the Skins and Syns or the Cleaners in this power struggle, adding depth to the game's narrative. Moreover, "Deaddrop" introduces NFTs and Trading Access Passes, offering early adopters and dedicated community members exclusive access to these limited NFT passes. The NFT technology is designed to be user-friendly, with affordable base prices. Owning an access pass grants players Variant-only benefits, elevating their status within the Midnight Society community and across the studio's games. Additionally, access pass holders can choose to trade or sell their passes in open NFT marketplaces after a 30-day holding period. In summary, "Deaddrop" is an innovative addition to the gaming world, blending competitive gameplay with NFTs to provide a unique and engaging experience. Created by Dr. Disrespect Beahm and the talented Midnight Society team, the game has garnered positive feedback from the gaming community. Whether you are a seasoned gamer or new to the world of NFTs, "Deaddrop" promises something for everyone, with its high-quality gameplay and multiplayer features making it a must-try for fans of action-packed, competitive games.

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Meda Wars - Game Review

Meda Wars - Game Review

Meda Wars is the highly anticipated sequel to the popular Meda Shooter game, developed by the same team that brought you the original. This turn-based action-adventure game combines elements of strategy and fun to create a unique gaming experience. Whether you're a fan of the original Meda Shooter or new to the series, Meda Wars has something to offer for players of all skill levels. So why wait? Start playing and strategizing today with Meda Wars! Meda Wars picks up where the story of Meda Shooter left off, diving deeper into the ongoing conflict between the two factions of CryptoMeda. This NFT game, which uses the Polygon Network for its blockchain functions, allows players to explore the complex world and story of Meda Wars in a way that is both engaging and interactive. Whether you're a fan of the original game or new to the series, Meda Wars offers a rich and immersive gaming experience that will keep you coming back for more. Meda Wars Storyline: In the world of Meda Wars, two factions – the Goliaths and the Renegades – are locked in a fierce struggle for power and resources. The Goliaths are a communist group that believes in equally sharing loot and wealth among all members. They adhere to strict rules and regulations in order to maintain unity and prevent greed from tearing them apart. Gameplay: Just like Meda Shooter, the players can choose from two different factions – the Goliaths and the Renegades. Once a side is chosen, the players can participate in the war to attack and conquer new lands and areas. After winning a battle the players will be able to get some MedaGas which is necessary for the utility transactions of the game. MedaGas can also be bought with TECH tokens and it is used only in the game. Using MedaGas, players can participate in the PvE battles to win more MedaGas and TECH tokens, the latter of which is tradeable on crypto exchanges. Finally, each player will require two weapons to participate in the battle depending on the traits and abilities of the players. Tokenomics: TECH is the in-game token same as the Meda Shooter game, giving the coin more stability and value in the market. MedaGas is a utility token of the game while TECH is the governance token.

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Heroes of the Land - Game Review

Heroes of the Land - Game Review

Heroes of The Land stands as an MMO strategy game, introducing a captivating free-to-earn gaming experience that operates on the Blockchain with P2E and PvP modes. Heroes of the Land brings a new concept of earning called free-to-earn in blockchain WEB3 NFT gaming circles. Developed by the Vietnamese game developing company called Heroesoft. The developers claim that the game is a pioneer in the new free-to-earn gaming concept and it is going to be the next generation gaming metaverse which is going to be decentralized. With a focus on quality and long-term investment, it aims to bridge the gap between NFT games and true gamers. Heroesoft is known for more than a hundred mobile game titles but this is going to be the first blockchain game by the company.

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Cryowar - Game Review

Cryowar - Game Review

CRYOWAR is an exciting NFT game built on the Solana network using Unreal Engine. It combines real-time multiplayer PVP arenas with blockchain features like DAO voting, NFTs, and decentralized finance (DeFi). CRYOWAR is an exciting PVP arena NFT game for multiple players that runs on the Solana network and is powered by Unreal Engine. In the huge Sci-Fi-Medieval game world, players fight fierce battles in many different realms. Also, CRYOWAR is a test of skill in which players compete for resources, territories, and the right to rule the whole world. The journey gives one-of-a-kind chances to defend one's realm and earn big rewards at the same time. The leaderboards will only be ruled by the most powerful players. CRYOWAR is currently being made for PC, iOS, and Android, so that it can be played with other people on all three platforms.

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Mines of Dalarnia - Game Review

Mines of Dalarnia - Game Review

Mines of Dalarnia is a 2D action-adventure game that uses DAR as its token. Players can harvest, use a variety of in-game rewards. All assets are NFTs. Players can harvest and use a variety of in-game rewards to improve their skills and gear as they advance through Dalarnia's universe in pursuit of unique relics and treasures.

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Play To Earn Games: Best Blockchain Game List For NFTs and Crypto

Play-to-Earn Game List
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