Blockchain India Gaming (BIG) is a community gaming guild formed by the core members of Axie Infinity India. It aims to provide inexpensive access to gaming NFTs for gamers and also to build a community around artists, streamers, game enthusiasts and contributors in the metaverse.
A Blockchain Game is a video game that has some type of blockchain technology integrated into its game. This can be a cryptocurrency or non-fungible tokens (NFTs).
Blockchain India Gaming (BIG) is a community gaming guild formed by the core members of Axie Infinity India. It aims to provide inexpensive access to gaming NFTs for gamers and also to build a community around artists, streamers, game enthusiasts and contributors in the metaverse.
A Blockchain Game is a video game that has some type of blockchain technology integrated into its game. This can be a cryptocurrency or non-fungible tokens (NFTs).
NFT stands for Non-Fungible Token. A Non-Fungible Token can be used to represent ownership of unique digital items. Each token has individual attributes. This makes it possible to tokenize game items and enable real world value economies. Game items can be freely bought, sold and traded on NFT marketplaces outside of the game or peer-to-peer in exchange for cryptocurrencies.
A cryptocurrency is a type of currency which uses digital files as money. Usually, the files are created using the same ways as cryptography (the science of hiding information). Digital signatures can be used to keep the transactions safe, and let other people check that the transactions are real.
Play-to-earn games combine the fun of video games with the opportunity to earn real rewards for your time. The Play-to-Earn business model is the latest development in the games industry. It’s a business model that embraces the concept of an open economy and provides financial benefits to all players who add value by contributing to the game world.
A play and earn game can have many tokens associated with it. It can either have a governance token or a utility token or both.
Crypto Game is a video game that uses cryptocurrency. NFT Game is a video game that uses NFTs. Blockchain Game is a superordinate term that describes a video game that uses at least one of the two.
The metaverse is essentially a merging of virtual, augmented, and physical reality, and blurs the line between your interactions online and in real life. But broken down more simply, it's a handful of platforms like the Sandbox, Mirandus, and Decentraland on which people can interact in different ways
The cryptocurrencies earned from a blockchain based game can have other utilities to it other than just cashing out. However, on cashing out the amount of fiat currency obtained might vary due to fluctuations in the crypto market. Earnings therefore depends upon the market and game you are playing.
Scholarship model refers to the loaning of gaming NFTs by the owners to the players. The tokens earned by playing are then distributed between the owner and the players. Owners could be individuals or an entity like gaming guilds.
24x7
Feel free to contact us!
Send us your query anytime!