Popularity of NFTs and video games, what expectations will they have for the future

Jessus Zambrano, Marketing manager at Micropets, gave an interview to talk about the crucial moment that Blockchain technology industries are facing

During this week, the portal Unocero published an interview with the Marketing Manager LATAM of Micropets, which addressed the possible future and development of the gaming sector with the arrival of Blockchain and NFT technology.

For those who are immersed in the world of cryptocurrencies, it is no surprise that the topic is constantly evolving and that today’s trends will not be tomorrow’s trends.

As of today, NFT games that have a play-to-earn model are at the forefront. For those who don’t know, NFT games with the Play-to-earn model fulfill the dream of many, to earn money by playing video games.

Earlier this year, Reddit co-founder Alexis Ohanian mentioned that in the next five years approximately 90% of users would not be motivated to play games that do not allow them to earn money.

During the interview, Zambrano mentioned that NFTs were at an all-time high «Users within these forms of gaming can casually play the games they love for fun while earning passive income and having fun.»

«NFT technology, also known as P2E (play to earn), offers a unique gaming model and financial framework that focuses on rewarding players with cryptocurrencies or non-fungible tokens just for playing. Thanks to this the number of users/players looking to play to win has increased exponentially.»

Likewise, he stressed that the gaming industry is in an adoption phase with respect to blockchain technology and NFTs, so its use could be expected to grow favorably in the future.

About NFT games

An NFT game is a video game that is hosted on the blockchain and allows you to buy and sell items within it. These come to compete with traditional games, where items cannot be sold, legally, for real money.

Due to this very important quality, their popularity is booming, as they provide the possibility of obtaining large profits in cryptocurrencies that can then be sold in dollars, in exchange for significant doses of time and effort.

This model of playing to win could be imposed in the coming years in the large video game industry, which is a sector that only in the year 2021 will generate more than 175 billion dollars.

The emblematic case of this type of game is Axie Infinity, a game developed by the Sky Mavis studio, which has grown a lot in recent months and which until a few months ago had more than 360,000 simultaneous players in its platform.

That is why to date the growth of these play-to-win technologies is very remarkable, seeing how large companies are making inroads and investing large amounts of money in what is considered the future of video games, NFTs, blochckain and cryptocurrencies.