For the first time in history, players can turn their digital experience into real-world tradable assets. New blockchain games based on the Play-to-Earn business model made this dream real, creating never before seen opportunities to generate passive income.

NFT gaming is revolutionizing the gaming world, as many users found out that games are not only about fun pastimes but also a way to earn a living or a part of it, at least. Users in NFT games are rewarded with cryptocurrency for gaming activity or task fulfillment.

Let's look at traditional play-to-win online games. First, gamers had to buy a subscription. Then, they are offered to purchase in-game items that give them an advantage over other gamers. 

NFT gaming is organized in a different way. Gamers need to buy an NFT to enter the gaming space. After that, users can start to earn rewards by accomplishing gaming tasks. Users are allowed not only to buy but also to sell their in-game items to other users. Thus, unlike previous online games, the NFT gaming space offers users complete control over in-game items. 

Such a business model called Play-to-Earn attracted gamers all over the world, especially from regions with developing economies that suffered a lot from pandemic consequences. 

The Imminent Boom In NFT Gaming

The NFT gaming sector has seen an unprecedented injection of capital from retail investors and institutions as it has become a significant catalyst for the "gig economy." NFT games receive as much as $250 million from special funds created with the sole purpose of investing in blockchain-based game studios, such as Gala Games, Sky Mavis, Mythical Games, and Animoca Brands.

The latter reached a staggering $5 billion valuation at its latest investment round. Conversely, it is possible to visualize its impressive growth by using Axie Infinity, one of the most popular GameFi protocols in NFT gaming, as a proxy for the sector.

Data from Token Terminal indicates that Axie Infinity has seen its cumulative total revenue skyrocket from less than $2,100 on February 13th, 2021, to almost $1.3 billion on February 12th, 2022. The metric boomed despite the dropped its native token value.

Big Players Come Into The Picture

Axie Infinity could be just the first of the NFT game and GameFi projects to experience such a boom. 2022 will see the deployment of several projects in the sector, and many with plans to integrate with the Metaverse.

Both these trends, NFT and the Metaverse have attracted the attention of big corporations since Facebook rebranded as Meta and claimed the digital world it's their next frontier. Microsoft, Disney, and other significant companies followed, announcing their own plans to develop the Metaverse.

In an interview with the New York Times, former Disney CEO Bob Iger talked about the potential of NFTs to disrupt the entertainment industry and create new use cases for the benefit of corporations and users. In that sense, Iger highlighted the relevance that the digital world has acquired and how it will continue to become important. He added:

"We forget, in our generation, that things don't have to be physical. They can be digital, and they have meaning to people. And as long as that meaning can be essentially substantiated in a blockchain, I think you're going to see an explosion of things being created, traded, and collected in NFTs. When you think about all the copyright and trademarks, characters Disney has, and the NFT possibilities, they're extraordinary."

In the GameFi space, the excitement has been equal or greater as EA, Ubisoft, Nintendo, GSC Games, SEGA, and many more entered the space. These gaming studios are set to improve the overall gaming experience and onboard millions of new users into NFT gaming.

How NFT Gaming Guilds Are Changing The Game

In this rapidly evolving sector, game guilds provide users with financial or educational support, making NFT games and GameFi much more accessible and profitable. 

Projects such as Meta DAO Guild are entering the picture to allow every user, no matter their resources, to benefit from the GameFi model. It enables users to lend and borrow NFTs for games such as Axie Infinity via their MetaRent feature, giving them access to scholarships so players can get into a game without paying initial fees. 

In addition, owners can exchange gaming NFTs, and there is a DAO Launchpad in development to fund GameFi projects.

Meta DAO Guild was created to fill in these blind spots in the GameFi sector as it offers players and investors a chance to lease their NFTs to trained professionals, obtain early access to top games while they are in their Alpha and Beta stages, including access to private token sales with discounts for early birds, and leverage strategies to monetize their assets, interacting with a community to exchange assets. 

If there were a time to be bullish on NFT games and the GameFi model, data would suggest no better time than today. The sector is nascent, and the interest from users and institutions seems far from having reached its peak.