NFTs are at their peak today. Among their many uses, in-game NFTs are one of the most popular tools. Different industries, including gaming, music, sports and more, use NFTs for a wide variety of purposes. NFTs can potentially change how users interact with each other inside or outside the game world. Let’s find out how the best projects in the blockchain industry are leveraging NFTs and more about the Nine Chronicles NFT project.
How does the gaming industry use NFTs?
NFTs for gaming have several uses. First, they help establish ownership of in-game assets. This could be a sword a player has crafted, a character they’ve created, or even an artifact found while playing. The NFTs are stored on the blockchain and are immutable, and players can sell or transfer them.
In other words, in a traditional game, when a game is closed, the players will lose everything they have earned. But that doesn’t happen here. Instead, the game-based NFTs are part of the blockchain, so players will have access to the NFTs they own, regardless of the status of the game.
And because these in-game assets are stored on the blockchain, it’s also easier to measure and prove their authenticity and rarity. Of course, rare NFTs attract a higher price than common ones.
Finally, the decentralized games that work with NFTs are interoperable. In traditional games, in-game purchases can only be used in that specific game. But in case of decentralized games, the assets of one game can be used in other games.
Decentralized platforms using NFTs
The blockchain industry has many platforms and games that use NFTs for multiple purposes in addition to in-game assets. While there are many platforms that leverage NFTs and their capabilities, three notable organizations are using NFTs across their platforms: Sandbox, Decentraland, and Silks. Sandbox is a decentralized metaverse space where people can buy land, create and buy buildings and more. The collectable NFTs in the Sandbox area are called ASSETS which are used for in-game activities. Users can either obtain these assets from the metaverse or create them with the VoxEdit tool. Along the same lines, there is Decentraland, which is also a metaverse space that allows people to interact with elements in the game.
Finally, there is Silks, a play-to-earn metaverse game that has a rich world of virtual assets, all of which can be turned into NFTs. The player avatars and the horses players use to play are both NFTs. They are tradable and transferable on the blockchain.
Nine Chronicles and the NFT project “D:CC”
Nine Chronicles has recently launched its NFT project, De:Centralized Cat (D:CC). These PFPs are more than just profile pictures unique to each player and give them an alternate identity in the multiverse ruled by the one true Cosmic Cat God Greit. In addition, each NFT grants its holders exclusive in-game benefits and tools.
These NFTs are designed by Sangmi Seon (Caesty), an Art Director and NFT Creative Director with over a decade of experience in game art and design at top game companies including Nexon and Capcom.
Nine Chronicles has recently announced its NFT minting date as September 21st. With this, they will gain access to rewards, benefits and unique elements in the game. In total, there are 3,000 NFTs to be minted. Of these, 2,800 will go to the players accepted into the Pionyan programs. In addition, 200 will be awarded to the team.
All NFT owners automatically become members of D:CC. In addition to the in-game benefits, NFT ownership also gives owners governance rights, which they can use to vote on future decisions.