The gaming industry is growing with the development of technology. It is now a multi-billion dollar industry globally. Now, block chain technology is present in the gaming sector. Block chain technology is an additional monetization route for video games. Now, players can enjoy play-to-earn games to make money. Players earn crypto currencies and NFTs by playing online video games. Also, the players have complete control over the digital assets they earn through their participation in these games. It is the reason many people are showing interest in block chain games. Earlier, people could not convert their in-game assets like skins, avatars, abilities, and more into actual money.
But, now players can turn their in-game assets into non-fungible tokens. An NFT is a division of data stored on a block chain that can be sold and traded. Nowadays, the value of NFTs is increasing. The play-to-earn games use the block chain networks like Ethereal, Solana, Cosmos, etc. Also, NFT gaming is building wealth for many people as well. Decentralized finance is also present in the gaming sector. Also, DeFi has shifted to the NFT market after other digital assets. Now, people can also lend or stake the NFTs to earn rewards. In this article, you can check details for the NFT yield farming ecosystem for gaming:
NFT Yield Farming In Gaming
Decentralized finance is an emerging financial technology that doesn’t rely on mediators like banks. They use smart contracts on a blockchain network. It is the reason many people are investing in cryptocurrencies and NFTs. DeFi also has many benefits over centralized finance. Yield farming also happens for lending or staking cryptocurrency to get rewards. Yield farming is also present in the gaming sector. Nowadays, yield farming also happens for in-game assets like NFTs for play-to-earn games. NFT farming is a fresh concept that embraces utilizing NFTs as a stake for value. Now, people can stake their various NFTs to earn tokens.
NFT yield farming is the best way to increase the rewards of the participants and keep them hooked in play-to-earn games. For example Axie Infinity players win SLP tokens to trade for money or create new NFTs. Now, players can also give these NFTs to other players on rent. After that, they can earn rewards by doing this thing. Due to NFT yield farming, gamers got a new way to make more money. Now, the borrowing of NFTs is possible for the new gamers. Also, gaming guilds are helping many players to get required in-game assets to enter the P2E games.
Best NFT Yield Farming Ecosystem
Nowadays, you can find many DeFi platforms that deal in NFT yield farming for play-to-earn games. But finding the best one to earn NFTs is not easy. So, we want to tell you about the platform named 99Starz. They allow players to enter an NFT Yield Ecosystem. They want the global players to enjoy play-to-earn games without any issue. 99Starz promotes the play-to-earn game model through guilds creation and NFT renting. They want players to enter the gaming metaverse and earn by playing blockchain games. Many players have to purchase some NFTs as it is necessary to enter some games. So, this is the barrier for most gamers as they can’t afford expensive NFTs.
So, 99Starz provides NFTs to the players on rent. Also, you can join the community members of 99Starz to create a guild to maximize the rewards through play-to-earn games. The guild creates a powerful NFT Yield system and shares gaming rewards after winning the play-to-earn games. 99Starz have their utility token named STZ token. This token is for sharing rewards, leasing assets from the 99Starz NFT vault, or learning through the 99Starz academy. Also, the STZ token has a fixed supply of 99 million coins. 99Starz creates an NFT yield farming ecosystem for games like DeltaTime, Sorare, Axie Infinity, RevvRacing, and more.
Guilds Creation Through 99Starz
There are many play-to-earn video games available by which you can make good money. But, there’s one barrier for many players to play these P2E games. You have to buy expensive NFTs to play them. If you do not have much money and want to play blockchain games, you can join a guild. Nowadays, gaming guilds help other players to enter play-to-earn video games and earn valuable NFTs. In return, they take some share from the rewards. 99Starz helps the users to enter the guild of professional players who know everything about play-to-earn games.
The NFT Yield Ecosystem of 99Starz includes masters, captains, players, NFT assets, and play-to-earn games. Users can join the guilds through the STZ token. Players will also get the game knowledge from masters. So, join 99Starz to enter the gaming metaverse without any problem and maximize your earnings.
NFT Renting Through 99Starz
Nowadays, players need necessary assets to join blockchain games. In a play-to-earn game like Axie Infinity, users need at least three NFTs to begin their journey. Many players cannot afford the assets like NFTs, and they want to enter the play-to-earn games. Now, people can use or experience NFTs for a limited time by renting them. If you lack financial resources, you can use the NFT lending and borrowing process. The asset holders get the chance to earn revenue by lending their NFTs.
Platforms like 99Starz are providing play-to-earn NFTs to the players on rent. You can use STZ token to rent an NFT from the 99Starz. They have a multi-million dollar NFT vault. Here, you will get NFTs for the games like DeltaTime, Sorare, Axie Infinity, RevvRacing, and more. 99Starz is helping many new players by lowering the entry barriers of play-to-earn games. So, you can also rent NFTs from 99Starz.
So, the NFT yield farming ecosystem is best for the players who want necessary in-game assets for the play-to-earn games. Players get the NFTs on rent, and also they can join gaming guilds to maximize their rewards. So, enter into an NFT yield farming ecosystem and learn from the experts regarding play-to-earn games.