Money Making Games

• Oyinpreye Leileituagha
• 5 Min Read
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A Beginner’S Guide To Making Money On Blockchain-Based Games In Nigeria

Blockchain technology has revolutionized many industries, and gaming is no exception. Blockchain-based games, also known as play-to-earn (P2E) games, have become a global phenomenon, offering players opportunities to earn real money or cryptocurrencies while enjoying immersive gameplay. For Nigerian gamers, these games provide a chance to make income, especially with the rise of Web3 technologies and digital currencies.

This guide will walk you through how to get started with blockchain-based games and maximize your earning potential.

What Are Blockchain-Based Games?

Blockchain-based games leverage blockchain technology to enable players to own, trade, and earn in-game assets. Unlike traditional video games, where items like skins or weapons are locked within the game’s ecosystem, blockchain games allow players to take full ownership of their assets.

These assets, often represented as non-fungible tokens (NFTs), can be bought, sold, or traded on various marketplaces. Additionally, some games reward players with cryptocurrencies, which can be converted to fiat currencies like naira.

Why Are Blockchain-Based Games Popular in Nigeria?

1. Income Opportunities: With rising unemployment and economic instability, blockchain games offer a potential source of income for many Nigerians.

2. Global Accessibility: All you need is a smartphone or PC and internet access to participate.

3. Crypto-Friendly Ecosystem: Nigeria is one of the leading countries in cryptocurrency adoption, making it easier for players to cash out their earnings.

4. Flexibility: Players can earn money while gaming at their convenience, making it ideal for students, part-time workers, and gaming enthusiasts.

How to Get Started with Blockchain-Based Games in Nigeria

Step 1: Learn the Basics of Blockchain and Cryptocurrency

Before diving into blockchain games, it’s crucial to understand the fundamentals:

• Blockchain: A decentralized ledger technology that powers cryptocurrencies and NFTs.

• Cryptocurrency: Digital currency (e.g., Bitcoin, Ethereum) used for transactions.

• Wallets: Digital tools like MetaMask or Trust Wallet that store your crypto and NFTs.

• NFTs: Unique digital assets that can represent items like characters, weapons, or virtual land in games.

Familiarize yourself with these concepts to navigate the ecosystem effectively.

Step 2: Choose the Right Blockchain Game

Not all blockchain games are the same. Some are more profitable and user-friendly than others. Here are popular categories and examples of games suitable for beginners:

1. Play-to-Earn (P2E) Games:

• Axie Infinity: A game where you battle creatures called Axies and earn Smooth Love Potion (SLP) tokens.

• Gods Unchained: A card trading game that rewards players with Ethereum-based tokens.

• The Sandbox: A virtual world where you can create and sell in-game experiences.

2. Metaverse Games:

• Decentraland: A virtual reality platform where you can buy and monetize virtual land.

• Upland: A property trading game based on real-world locations.

3. Mobile-Friendly Games:

• Splinterlands: A card game optimized for mobile devices.

• Binemon: A mobile NFT game featuring battles and virtual pet breeding.

Choose a game that aligns with your interests, budget, and device capabilities.

Step 3: Set Up a Crypto Wallet

To play blockchain-based games, you’ll need a crypto wallet. This wallet stores your digital assets and facilitates transactions.

• Recommended Wallets for Nigerians:

• MetaMask: Popular for Ethereum-based games.

• Trust Wallet: Easy to use and supports multiple blockchains.

• Binance Wallet: Ideal for games on the Binance Smart Chain.

Ensure you keep your wallet’s private keys and recovery phrases safe to avoid losing your assets.

Step 4: Acquire Cryptocurrency

Most blockchain games require a small initial investment to purchase NFTs or in-game tokens. Here’s how to get crypto:

• Crypto Exchanges: Use platforms like Binance, Luno, or Quidax to buy Ethereum, Bitcoin, or other relevant tokens.

• P2P Transactions: Peer-to-peer platforms allow you to buy crypto directly from other users using naira.

• Airdrops and Giveaways: Participate in free token giveaways to start without investment.

Step 5: Start Playing and Earning

Once you’ve set up your wallet and acquired the necessary tokens, you can start playing your chosen game. Earnings come in various forms:

• Cryptocurrency Rewards: Earn tokens for completing missions or winning battles.

• NFT Sales: Trade valuable in-game items for profit.

• Staking: Lock your tokens in the game to earn passive income.

Strategies for Maximizing Earnings in Blockchain Games

1. Invest Wisely: Start with low-cost games if you’re on a tight budget. Gradually scale up as you earn.

2. Research the Market: Monitor NFT and token prices to buy low and sell high.

3. Join Communities: Participate in Discord servers, Telegram groups, and Nigerian gaming forums to learn tips and strategies.

4. Focus on High-ROI Activities: Spend more time on tasks or missions that offer higher rewards.

5. Diversify: Play multiple games to spread your risk and increase earning opportunities.

Challenges Nigerian Gamers May Face

While blockchain games offer great potential, there are challenges to consider:

1. _High Start-Up Costs: Popular games like Axie Infinity require an initial investment to purchase NFTs.

2. Internet Access: Reliable and affordable internet is crucial for uninterrupted gameplay.

3. Volatility: Cryptocurrency and NFT prices can fluctuate, affecting your earnings.

4. Scams: Beware of fake games or phishing attacks targeting your wallet.

5. Regulatory Issues: Stay updated on Nigeria’s evolving cryptocurrency regulations.

How to Overcome These Challenges

• Start Small: Begin with free-to-play games or low-investment options.

• Invest in Quality Internet: Use internet service providers that offer stable and affordable plans.

• Verify Games: Research games thoroughly to ensure they are legitimate and secure.

• Use Secure Wallets: Protect your assets by enabling two-factor authentication (2FA) and keeping private keys offline.

• Stay Informed: Follow blockchain gaming news and trends to make informed decisions.

Success Stories of Nigerian Blockchain Gamers

Several Nigerians have already found success in blockchain gaming:

1. Femi Adesanya: A Lagos-based gamer who earned over $10,000 in a year by playing Axie Infinity and trading NFTs.

2. Chioma Umeh: A student who uses Splinterlands to pay her tuition fees by earning and selling in-game cards.

3. Adekunle Oyedeji: A content creator who monetized his gaming journey on YouTube and Twitch while earning from P2E games.

Tips for Beginners

1. Be Patient: Success in blockchain games takes time and effort.

2. Learn Constantly: Keep improving your gaming skills and understanding of the blockchain ecosystem.

3. Network: Connect with other Nigerian gamers for support and collaboration.

4. Reinvest Earnings: Use a portion of your profits to upgrade your assets or invest in better games.

5. Stay Safe: Avoid sharing your wallet details and always verify platforms before using them.

Conclusion

Blockchain-based games present an exciting opportunity for Nigerian gamers to earn money while doing what they love. With a solid understanding of blockchain technology, strategic gameplay, and consistent effort, you can turn gaming into a profitable venture.

As the e-sports and blockchain gaming industries continue to grow in Nigeria, early adopters have the chance to lead the way and inspire others. Start small, stay informed, and embrace the future of gaming!