Fabo Joseph
3 min readApr 15, 2022

--

How does nft relate to gaming and how can one benefit from it?

NFTs? I guess y’all have heard about it. Maybe on tv, newspapers, or from friends. Sounds like a nice prospect, huh? Well this Article circles around nfts and how it relates to gaming

Firstly what are NFTs?
NFTs simply means non-fungible tokens, They are a non-interchangeable unit of data stored on a blockchain, a form of digital ledger, that can be sold and traded. NFT varies, they may be associated with digital files such as photos, videos, and audio.

How does NFT relate to gaming?
NFT gaming is fast growing, most recently developers has found way to infuse NFTs into gaming. According to research, Sales of NFTs, or non-fungible tokens, has risen from under $100 million in 2020 to $25 billion in 2021. NFT gaming is here to stay and NFT games are one area that funds gamers now.

How does one earn from NFTgaming?
Picture this, you’re playing a game on the internet, and rather than being a bit(or more than a bit) bothered that you could be doing something more productive, you’re not. Here’s why you’re not bothered; you’re earning as you play.
Today, I introduce you to the coolest way to earn money on the internet, ChainPet!!
ChainPet involves two things I know we both love: Earning and Gaming.

ChainPet — what it is:
ChainPet is a P2E gaming platform that allows gamers to earn coins. These coins can be converted to ChainPet($CPET) tokens. The coins are earned either while playing game or by daily rewards
$CPET is the official token of the Chainpet eco-system, which exists on the Binance smart chain, with a total supply of 100,000,000,000 $cpet. The tokens are listed on coin market cap and coin gecko and can be traded on pancakeswap, currently!!!

How Can I earn from ChainPet Already?
I guess you’d still thinking “I can I earn from all this?”. No panic, that exactly what I’m about to tell you.
So there are three awesome ways of earning from ChainPet. They include:
i. Mining by pledging $cpet tokens
ii. In-game Assets
iii. Receiving daily rewards

Mining by pledging $cpet token
Mining $CPET token on the chainpet eco-system, can be done either by providing liquidity(farming) or pledge NFT-mining. In farming, some amount of your $CPET token are locked to provide liquidity so you earn percentages of transactions provided by your liquidity. At any time, You could withdraw you $cpet token you initially put together with its profit. This way you can’t lose.

In-game Assets
You could also pledge in-game assets, known as Elves. The elves assets posses a certain ability known as mining power. Different elves characters(which are in reality NFTs, as they are on the blockchain), possess different mining strengths denoted in the game as mining power. The mining power gives its owner the ability to pledge them, to earn $cpet token. To mine, a pool of 8 elves has to be pledged. Different user can contribute for this cause and $cpet token distributed according to mining power of the elves.

Receiving daily rewards
ChainPet ecosystem also offers daily rewards to gamers which could be converted to $CPET token. It can acquired everyday!!

You have access to the internet and you’re a gamer? What are you waiting for? Hurry now and join ChainPet.

Offlicial links

https://web.chainpet.com/

https://twitter.com/chainpet?s=21

--

--