Bybit: How much can you earn monthly income from NFT games?

Bybit

How much can you earn per month if you start playing NFT games? This article will explain how you can make money. This is the most popular content among NFTs. What is the monthly income of users who actually play NFT games? Some people seem to be thinking about quitting their company jobs.

What is an NFT game?

NFT games are games developed based on virtual currency blockchain technology. Games have become as popular as art in the NFT genre, as they allow you to earn virtual currency just by playing games, so many people are starting to play games. NFT games have the following characteristics, so we will introduce information on them. The current game is recommended because it is relatively easy to earn profits among the many NFTs.

Earn money just by playing games

NFT games allow you to earn money just by playing the game. There is a system that allows you to convert items created or acquired in the game into virtual currency. Depending on the game you play, you may be able to obtain “tokens” that you can sell as a reward if you leave a good result.

Create your own items

NFT games have the ability to create unique items in the game. If this is a consumer game, the available characters and items are already set in the game and cannot be created by yourself. Therefore, this point can be said to be the biggest advantage of NFT games.

Difficult to falsify data

By using blockchain technology for development, NFT games are designed to prevent fraud due to data falsification. Cheating is a common occurrence in online games and consumer games. However, NFT has the advantage of being able to prevent that.

Monthly income of NFT game How much can you earn?

Based on the information that Japanese gamers are currently posting on SNS, the average monthly income seems to be around 50,000 yen to 150,000 yen. Of course, the difficulty level at which you can earn money varies depending on the game, so it really depends on the game. In exceptional cases, there are users who earn around 1 million yen or 2 million yen per month. However, this would be a minority. Companies are also starting to get involved. Games that can be played and played all the time, and that allow for new growth as you continue, are easier to recover profits from.

monthly income depends on the person

The monthly income from NFT games varies considerably depending on the person. The amount of time you play the game, the amount of money you invest in the game, the difficulty of the game, and even the number of people playing the game play a huge role. It is a good idea to start with a small initial investment, try to make progress, and then increase the capital depending on the situation. There are many cases of investing too much and failed, so be careful if you are new.

The higher the initial cost, the higher the profit

The higher the initial cost, the higher the monthly income of NFT games. The risk is big, but the return is also big, so the monthly income will increase. People with more money tend to make more money.

Unstable monthly income

In NFT games, the monthly income changes greatly. This depends on the skill of the player’s game. In a short period of time, the value may rise sharply, or conversely, the value may fall sharply. Furthermore, as the number of new entrants increases, there are cases where income decreases, so monthly income tends to be unstable.

timing to enter

In NFT games, the difficulty level changes depending on the timing of entry. Early entrants often get high-value items easily. As the number of participants increases, the overall difficulty increases.

Depends on the virtual currency market

The profitability of NFT games is strongly influenced by trends in the cryptocurrency market. Virtual currencies such as Ethereum are used in many NFT games, but the market for virtual currencies has extremely high liquidity. As a result, there is a sudden surge or a crash, so income is easy to fluctuate.

Bybit’s NFT Marketplace

Bybit has an NFT marketplace. Once you open an account, you can actually enter and trade, so let’s give it a try. Nowadays, major companies are also entering the market for profit, so the demand is increasing. If you are interested, try playing different games on different platforms. Nowadays, advertisements are increasing on YouTube and official websites, so you can get a feel for the atmosphere just by looking at the data on a smartphone app.

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