![]() ![]() ![]() On the launch of this RPG game, it included a free auction allowing players to sell or buy an item for the in-game currency, which in turn could be bought for real money through micro-transactions. The idea of NFT games was born in 2012 with the release of Diablo III. This rules out the possibility of fraud and guarantees that only one user, the owner of the smart contract, holds the title to an item. A smart contract is executed simultaneously and cannot be influenced from the outside. And the other way around, a seller receives money only after he transfers the item to the buyer. For example, a buyer receives an item only after he/she transfers money to the seller. ![]() ![]() Under such a contract, specific actions are taken only when the conditions specified by the parties are performed. The thing is that NFTs are based on smart contracts. The Metaverse now covers all areas of digital reality: from finance to art, with NFTs playing an important role in these areas. Likewise, when we look at virtual land, which is also represented by NFTs, an ‘empty’ square in Decentraland costs much less than a developed one, especially with a gaming location or a GUCCI gallery.įree-to-play play-to-earn NFT games emerged because non-fungible tokens started to gain popularity, and also due to the development of the Metaverse concept, which appeared long before Mark Zuckerberg renamed Facebook into Meta. For example, if we talk about digital art, the works of a popular digital artist (for example Beeple) will be worth much more than an NFT associated with an artwork of a lesser known artist. ![]()
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