Question 1

What are NFT games?

Accepted Answer

NFT games are video games that use non-fungible tokens (NFTs) to represent in-game items, characters, and other assets. These NFTs can be bought, sold, and traded on blockchain marketplaces, allowing players to own and profit from their in-game assets.

Question 2

What is Axie Infinity?

Accepted Answer

Axie Infinity is an NFT game inspired by Pokemon. Players collect and breed digital creatures called Axies, then use them to battle other players in a turn-based strategy game. Axies can be bought, sold, and traded on blockchain marketplaces, and players can earn real-world income by playing the game.

Question 3

How do I get started with Axie Infinity in Australia?

Accepted Answer

To get started with Axie Infinity in Australia, you'll need to create an account on the game's website, then purchase or rent some Axies using cryptocurrency. You can then start playing the game and earning real-world income by winning battles and completing quests.

Question 4

What are Decentraland and The Sandbox?

Accepted Answer

Decentraland and The Sandbox are virtual reality platforms built on blockchain technology. In these platforms, players can create and customize their own virtual spaces using NFTs, then explore and interact with other players' spaces. NFTs can be bought, sold, and traded on blockchain marketplaces, allowing players to own and profit from their virtual assets.

Question 5

What are NFT battle games?

Accepted Answer

NFT battle games are video games that use non-fungible tokens (NFTs) to represent digital pets or characters that players can raise, train, and battle against other players' pets or characters. These NFTs can be bought, sold, and traded on blockchain marketplaces, allowing players to own and profit from their in-game assets.

Question 6

What are the risks and challenges associated with investing in NFT games?

Accepted Answer

Investing in NFT games can be risky, as the value of NFTs can be volatile and dependent on the popularity of the game. Additionally, the regulatory landscape for NFTs is still evolving, and there is the potential for scams or fraudulent activity in the market. It's important to do your own research and carefully consider the risks before investing in NFT games.

NFT

From CryptoKitties to Axie Infinity: 3 Coolest NFT Games in Australia