All PLAY and no Work!

By Henry-Vito | Retire with Crypto | 24 Oct 2021


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Did you know that it is actually possible to get paid just to play games on the internet?

Yes! It’s true!

What are crypto games?

Crypto gaming is a form of gaming where players can own assets in the game. These assets can then be exchanged for a game token or for a crypto currency. These tokens or crypto currencies can then in turn be exchanged for “real” money, Dollars, Euros etc. In short, crypto games are made by a game developer using a complete or partial blockchain system to store information about game assets which are then owned by the players. Crypto gaming gives digital assets real-life value. As a player you own all the assets you accumulate while playing the game. If you decide to stop playing, you can trade, sell or keep your assets

.

How do they work?

Crypto games makes it possible for players to “farm” or collect crypto and tokens which can be sold for real money. The more you play, the more you can earn. It is quite possible to fund your retirement just by playing games!

But how safe is my money and my digital assets? This is where the terms PoW and PoS come in. POW stands for Proof of Work – Basically what it means is that each transaction has to be validated on the blockchain. To break the system will require huge computational power which is extremely expensive and thus not financially viable for the bad boys.

PoS – Proof of Stake fulfills a similar function but instead of computational power, any prospective baddy will have to acquire a huge amount of whatever token is involved in order to break the system and once again making it not financially viable.

All this just boils down to the fact that whatever money you invest in a crypto game remains safe as long as you keep your crypto wallet secured. Do not share any passwords or recovery phrases with ANYONE! Not even your mother! Trust me, I have lost a lot of money through this. There are some very bad and very clever people out there! Beware!

 

How is value created in a crypto game?

Value in a crypto game can be created in several ways but ultimately it depends on the integrity and commitment of the developer of the game. This is probably the most important aspect to consider before investing in any game. What you want to look for are developers with a clean track record that are not ashamed or scared to show their faces. Stay away from games where the developers are unknown or refuse to share personal details like names and addresses.

Getting back to the creation of value. Every crypto game is associated with either a specific crypto currency or in-game token or both. Crypto currencies are hugely depended on acceptance by as many people as possible. The more people invest in a crypto currency, the more valuable it gets. Crypto games that attract and maintain a lot of players can have a huge impact on the value of a crypto currency and likewise on any in-game token and increase the value tremendously.

Value is also created by the fact that players own any assets that they acquire either by buying them or through just playing the game. Normally these assets are not unique but are limited in number which causes their value to increase as time passes and more players join the game. These assets can only be traded or sold within the game.

Next there are NFT’s or Non Fungible Tokens. These are unique items and generally fetches a much higher price than normal game assets. These NFT’s are collectable and can usually be traded or sold anywhere.

 

Ways to earn money from crypto games

There are several ways to earn money from crypto games and the developers of these games are coming up with new ways to earn regularly. Let’s look at some of them:

Game activities – Most games require you to complete certain tasks or activities. By completing these, the player is rewarded in some way. The rewards could be game assets, tokens, increased production or any number of other things. All of these rewards amount to more value and therefore more money for the player.

Collecting NFT's - Play to earn NFT games makes it possible for players to collect , breed and trade these tokens which can be extremely profitable.

Trading – Any decent crypto game will have a market where players can buy or sell game assets. This creates an opportunity for those people who like the challenge and excitement of trading to earn additional income.

Referrals – As more people join a particular game, the assets and the crypto currency associated with the game gains more value. It is therefore very important for a game to have a referral system in place that rewards players for inviting more people to join. Developers normally offer incentives like game assets; tokens etc. to players for any successful referrals and these can be very lucrative.

Appreciation in value – The better the game, and the more stable its economy, the more players it will attract and keep. This can have a HUGE effect on the value of the assets in the game as well as on its associated crypto currency. Some of these games have seen the value of its currency jump by hundreds of percentage points in a very short time. The sooner you get in, the better!

 

What’s the easiest way to get started with crypto gaming?

First of all – Do your homework - Look for a game that has:

  • a strong development team
  • a strong foundation and sound economics
  • that has been going for a while
  • that offers a free play option so that you can familiarize yourself with its workings
  • that requires a minimal investment to start
  • that promotes unlimited growth for all players

Actually, I have done all the homework for you already. As far as I know there is only one game on the internet right now that complies with all the above requirements: CropBytes

CropBytes is by far one of the best play to earn games in 2021

CropBytes  Launched in 2018 as a fairly ordinary farming game it has undergone continuous development to the point where it is now in a position to become one of the biggest games in crypto. Whether you just want to farm, trade on the market, compete with other players, CropBytes has it all.

The best part is that they are in the process of launching their own token which will be tradable with other crypto currencies.

This game is poised to become very valuable over the next couple of months.

So don’t miss out!

How do I get started with CropBytes?

 

1) Click this invite link and complete the registration:

https://cropbytes.com/invite/15CF72

 

2) Download the game using one of these links:

Play store: https://play.google.com/store/apps/details?id=com.Hyfll.FarmingGame&hl=en

App store: https://apps.apple.com/us/app/cropbytes-farm/id1441553490?ls=1

You are all set to go!

 

To learn more about CropBytes you can check out their blog here: https://www.cropbytes.com/

You can also join their social media sites here:

Telegram Channel: https://t.me/ccropbytes  

Telegram Community: https://t.me/cropbytes  

Facebook: https://www.facebook.com/cropbytes/  

Twitter: https://twitter.com/CropBytes  

Instagram: https://www.instagram.co0/cropbytes_crypto_game/  

YouTube: https://www.youtube.com/CropBytes  

 

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Retire with Crypto
Retire with Crypto

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