Tournaments are vital for NFT-based games because they aid in the transition from traditional games to NFT-based games. Anyone with a passing interest in blockchain has almost certainly heard about NFT gaming. Non-fungible token (NFT) is an abbreviation for “Non-fungible token”. It represents assets on blockchains. They have become popular vehicles for people to sell assets and collectables in recent years. In fact, some NFTs sell for thousands of dollars.
NFTs have also become a standard in the gaming sector, with a slew of NFT-based games hitting the market. The general premise of these games is for players to use NFT characters in one-on-one tournaments. They can also earn NFTs after completing gaming tasks. The notion of what may be done with NFTs in gaming has changed over time. Team tournaments in the NFT sector are becoming more prevalent.
What are NFTs?
NFT stand for Non-fungible token. As the name, Non-fungible suggests that it is rare and unique and can’t be replaced by something else. It is like a patent or copyright. NFTs can be anything like digital art, in-game unique characters and even an autographed tweet by the founder of Twitter.
Most NFTs are a part of the Ethereum blockchain. Ethereum, like bitcoin, is a cryptocurrency, but its blockchain also enables these NFTs, which hold additional information that allows them to function differently from, say, an ETH coin. Notably, other blockchains can implement their forms of NFTs.
Want to know more about NFTs, check out: NFTs – New Assets for New Investors
NFT Gaming Team Tournaments
As much as single-player games are popular worldwide, multiplayer games are equally popular among gamers. This is because they build a feeling of community among players who team up to win tournaments by sharing talents and in-game resources.
Multiplayer games, such as Minecraft and Apex Legends, have become some of the most popular in the world as a result. Those with an interest in NFT-based gaming will not be ignored. As the genre has grown in popularity, several NFT-focused games have been developed to provide multiplayer competitions and alternatives.
Take, for example, Sushiverse. Sushiverse is a gaming NFT initiative that intends to create an immersive and industry-leading experience for its community of NFT holders in the areas of art, gaming, commerce, and culture, providing ultimate social, economic, and cultural value to each holder. It is an Ethereum-based game with virtual sushi characters that players may employ to win tasks.
Sushiverse has added a multiplayer component after releasing single-player functions the previous year. This new multiplayer option is available to all users, and those that participate will also be eligible to compete in SushiVerse’s Battle of Sushitopia event. The event will take place from December 16th through December 22nd, 2021. The competition reward is $27,000, which is part of a pool that divides among the members of the winning team.
When players enter the virtual dojo, they get a random partnership with others rather than joining teams on their own. During these games, the team with the most kills wins the round, and it uses three distinct mechas. Holders of Legendary Sushi, on the other hand, get access to a stronger Mecha as well as the ability to view their Sushis when piloting their mechas. It shares the money among the players at the end of the competition, depending on how many victories they can obtain.
Why are tournaments important in NFT games?
Tournaments are vital for NFT-based games because they aid in the transition from traditional games to NFT-based games. Most gamers are already participating in tournaments and multiplayer games using existing products, and if NFT-based games are to compete, they have to provide similar choices.
These contests and multiplayer games also reach out to the small but close-knit group of blockchain aficionados. The business has progressed as far as it has because of the community, and tournaments that award prizes are merely another method to cater to and reward them.
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