A game token is an internal currency, a coin that players receive as a reward. Example: tokens can be received for completing a task, passing a level, or winning a battle. These tokens can be exchanged for other cryptocurrencies or directly exchanged for real money on an exchange.
NFT is a non fungible token used to obtain ownership of unique digital products. NFT itself is an indivisible unique identifier, an encrypted and secure form of digital currency. NFT tokens can be cards, artifacts, skills, and lands in meta universes.
A cryptocurrency wallet is a program that allows you to make cryptocurrency transactions, check your balance.
Blockchain is a blockchain of cryptocurrency transfers, a technology for recording distributed storage of information. Blockchain involves copying and synchronizing a database across multiple computers. All transactions are grouped into blocks, combined into chains, and linked together.
Cryptocurrency exchange is an exchange where you can trade cryptocurrency, exchange game tokens for other cryptocurrency, look for suitable pairs for withdrawal. To withdraw money in fiat from the exchange, you need to use a cryptoexchanger.
An exchanger is a service that allows you to exchange cryptocurrency for any other currency and withdraw to a card or e-wallet.
Aggregators are sites that collect exchangers, their characteristics, reviews. An example of a popular aggregator is Bestchange.
Types of nft games
Cryptocurrency games are categorized into genres and types:
- meta universes – these are worlds in which the player can create a character, buy land, a house, get a pet. For example, Decentraland;
- fighting, battle – the main goal of such games is to win in battles and tournaments. Example: Cryptoblades;
- card games, collectible – in such games you need to collect certain game items or creatures in the form of cards. The one who collects more cards and better quality cards wins. An example is Axie Infinity;
- Strategies – games based on strategic thinking. Example – Star Atlas;
- puzzles – games that involve the development of logical and analytical thinking. Example – RetroCade;
- arcade games – games in which you need to make quick actions to achieve success or overcome obstacles. Example – Alien Run.