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Binance Academy
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What are NFT games and how do they work?
TL;DR - SUMMARY
NFTs are unique digital collectibles on a blockchain. This feature makes them ideal for use in games as character representations, consumables and other interchangeable objects.
NFT games have become popular in the Game-fi world as a way to generate income. You can sell your in-game NFTs to other collectors and players, and even earn tokens through play-to-earn models.
When moving your gaming NFTs, be sure to transfer them to a compatible wallet. Also, beware of common scams whenever you send an NFT to an NFT marketplace or another user. Finally, carefully read the rules of any NFT game you play to identify any potential for loss.
NFTs are unique digital collectibles on a blockchain. This feature makes them ideal for use in games as character representations, consumables and other interchangeable objects.
NFT games have become popular in the Game-fi world as a way to generate income. You can sell your in-game NFTs to other collectors and players, and even earn tokens through play-to-earn models.
When moving your gaming NFTs, be sure to transfer them to a compatible wallet. Also, beware of common scams whenever you send an NFT to an NFT marketplace or another user. Finally, carefully read the rules of any NFT game you play to identify any potential for loss.
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