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Cryptocurrencies have found their way into a range of modern industries, with gaming often proving to be the most dynamic among them. Crypto gaming entails ownership of in-game assets by earning crypto rewards that also have value in the real world. Players can earn these rewards by completing tasks or simply moving through the stages of a crypto game.
Crypto games also make it possible for microtransactions using crypto to be completed within games, making withdrawals easier and eliminating the need for traditional payment methods. If this piques your interest, below are some other ways you can start earning crypto through gaming.
In gaming, these NFTs are usually represented as skins, characters, virtual real estate, and in-game items. These are unique digital assets that provide players with real-world ownership of in-game assets.
However, players cannot exchange these on a one-on-one basis like with cryptocurrencies. Instead, players earn by selling, buying, or trading their NFTs on different marketplaces or by staking them.
While both allow you to earn using crypto payments, crypto casinos should generally be differentiated from crypto games. In casinos, players can earn crypto by signing up for and enjoying a variety of gambling games such as baccarat, roulette, and blackjack - but only if they win the game.
However, in a casino, Bitcoin payments provide added advantages. These include enhanced anonymity, faster transactions, and better security because of crypto transactions underlying blockchain technology.
Online crypto platforms have made it easy to access traditional casino games from the comfort of your home. They allow players to both earn and make deposits using popular cryptos. While famous tokens like Bitcoin and Ether are most widely used, newer forms of crypto have also been added to these online casinos — allowing a wider range of crypto users to use these platforms.
Both mobile and browser games have designed specific play-to-earn (P2E) games that allow players to earn crypto rewards. Players are rewarded in cryptocurrency or assets within the game that can be traded for crypto. Some of the most common crypto games like these include Axie Infinity, which has been resurgent in 2024.
These events are another way players can earn crypto by competing against each other and playing games. Some tournaments are simple casual competitions while others can be more complex, professional eSports events.
You can find gaming tournaments on official game websites, crypto gaming platforms, and the websites of eSports organizations. Some platforms such as Enjin or Gala Games, host their own gaming tournaments and provide players with information on how to participate. To ensure that you earn, you need to have both skill and strategy to find success in the game you choose to play.
Streaming and content creation are other ways to earn crypto via gaming. Streaming services like Twitch and YouTube are the two most used platforms for earning from content creation.
Using Twitch allows creators to earn money through ad revenue, donations, and subscriptions.
With an added feature, streamers can receive crypto tips and donations from viewers. YouTube offers both pre-recorded and live streaming where gamers can monetize their YouTube Channels by using super chats during live streams, channel memberships, and ad revenue. Additionally, cryptocurrency has also been used as a form of payment by some creators for the sale of their merchandise or donations.
Gaming guilds and communities are organized groups of players who enhance their gaming experience by playing together in the crypto gaming industry. These are often focused on specific games or genres that allow for collaboration among players and sharing of resources. Players can earn cryptocurrencies by playing blockchain games.
Disclaimer
The information on Coinsniper is user-generated and not verified. Coinsniper does not provide financial advice or facilitate transactions.
Also note that the cryptocurrencies listed on this website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments.
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