Saturday, July 20, 2024
Evina 110o x 220
DigitalSelect1100x220
MT2.1100x220
WT24ConnectingVAS1100x220

Can you play and earn money from crypto games on mobile?

Find a job you love, and you’ll never work a day. Now, imagine if your job was to play games. Aside from being an alpha or a beta tester, you can play crypto games on your phone, and, hopefully, earn some side cash. Blockchain technology decentralizes control one person can have inside one system, distributing it equally amongst players and creators. This means the cryptocurrency you earn in one game is universal and is usable in other games. The only choice you have to make is finding the right game for you!

Here are the different types of crypto games you can play on your phone:

1. The P2E model

Various crypto mobile games have adopted the P2E (play-to-earn) model, where your in-game actions create crypto tokens and currency by extension, which you can trade with other players or turn into money. Crypto Planet is a game where you mine asteroids in space for a chance to find crypto tokens, which convert to Ethereum or Bitcoin.

Another good example is if you’ve played Candy Crush on your phone, then Crypto Pop is the crypto game equivalent. In the game, you pop the bubbles to get some cryptos, and the system uses Coinbase to pay you out, which is one of the safest and most trusted crypto exchanges available. These, and others, are available on your mobile, so you can play them any time you wish.

2. Crypto gambling games

As we’ve mentioned before, blockchain technology is behind the numerous benefits in the crypto industry. The topic of online gambling is always associated with fairness, where players fear they’ll get cheated on by digital algorithms. But when gambling systems and online casinos use blockchain technology, such risks disappear. Because betting records are within an open blockchain, all the info is clear and public.

That way, the chance of manipulating the results of bets is gone from the casino’s end. Taking a look at comprehensive reviews of the best bitcoin casinos will let you safely bet with Bitcoin and other dominant cryptocurrencies. Mobile devices are fully supported, both Android and iOS, so you can use them at your convenience. Of course, it’s not a guaranteed way to earn crypto from your phone and still carries the same risks as gambling with fiat currencies. However, crypto gambling games tend to offer higher RTP (return to player) rates than traditional online casinos, and they also generally come with higher bonuses for new players. This gives you more chances to win without having to spend more.

3. NFT games

One downside of traditional games is that everything you earn inside them is localized and not tradeable between platforms. Various skins, items, and avatars only have value in your local gaming ecosystem. But in NFT games, you create universal value with non-fungible tokens (NFTs), where you become the complete owner of such an item. NFT games use a blockchain network framework for storing your in-game tokens, and because you are the owner of what you get from playing, you can trade it outside of the game.

In open NFT marketplaces, your tokens are tradeable for cryptocurrencies, regular, fiat currencies, and other NFT tokens. Such a crypto gaming model saves you from in-game thefts as well, which can occur in regular games without the blockchain tech. If you’ve ever played or heard about Clash of Clans, League of Kingdoms is the equivalent, where you can claim digital ownership over your desired NFTs and get a $LOKA utility trading token.

4. dApp games

Blockchain technology also enables decentralized applications or dApps. Such apps run on several connected systems instead of one localized one, and they rely on secure networks backed by their users. All of this means that there is no third-party authority to interfere, and Decentraland is a good example of a mobile game of this type. It allows you to create a dApp of your own if you wish. In Decentraland, you can buy its MANA cryptocurrency to trade for plots of land in the form of NFTs.

Decentraland uses the Ethereum blockchain, and players can also sell clothes, accessories and land to other players via the marketplace. Already we can see a combination of different technologies used in various games combined in one example. The versatility and principles of blockchain tech are the base of all good examples of mobile games.

Conclusion

Long gone are the days when you could solely use dedicated mining rigs to obtain cryptocurrencies. The industry has evolved to the point of allowing different ways for a greater number of users to make digital currency. The decentralization of the digital market means anyone with a mobile phone can get started, and, not to mention, it’s fun!

All the platforms and methods above have established themselves as potential ways so far, but the industry is ever-growing, and nobody knows what exciting invocations are coming. The only certainty is that they will be available from your mobile phone.

Subscribe to our newsletter

To be updated with all the latest news, offers and special announcements.

CFM600x500
MobileArts600x500
MT2.600x500
Evina 900x750