NFT Gaming Is Transforming Online Gaming

Because many players recognized the industry’s potential, the NFT gaming industry saw revenues as high as $2.32B in the third quarter of 2021. According to another report, blockchain game companies generated more than $3.3B in 2021, up from negligible amounts the previous year.

The industry’s revenue potential for players is a key factor in the growing success of NFT gaming. Before these digital asset games were introduced, online video games had no monetary rewards. However, players have earned up to $1M per year since the NFT craze began in 2021, which is not the end of the crypto NFT games.

How Does It Work?

NFT games use the software as a Service (SaaS) behind the scenes to provide additional gameplay enhancements. How does it all work? In this article, we’ll explain how NFT crypto games are ushering in a new era of gaming and how SaaS technology is right for the environment.

“SaaS” refers to using software to automate and run various services. Consider programming a computer or device to perform a task you would otherwise have to do manually or mentally.

SaaS has many different uses in today’s technology. Siri and Slack are good examples of how software can provide specific services. Crypto gaming companies are also turning to SaaS to help develop cutting-edge NFT games, ushering in a new era of online gaming.

NFTs have given online gaming a new edge by supporting SaaS technology. Once a predictable industry with little room for change, it has become a playground for many opportunities.

Before the advent of NFT games, it was almost impossible for players to earn money directly by investing in games. The easiest way to make money while gaming is to stream on sites like Twitch or become a YouTube reviewer hoping to get sponsorships and referrals from fans.