What makes Crypto Gaming Guilds unique?
Getting paid for playing video games is one of the dream jobs of most people nowadays. Thanks to the advances in technology, especially within the crypto gaming industry, this dream can turn into a reality. With the help of crypto gaming guilds, players have the opportunity to build a successful career in gaming.
Before you dive into this topic, you might prefer to Know the Major Benefits of Joining a Crypto Gaming Guild first, see this next article if you do.
What are crypto gaming guilds?
A crypto gaming guild is an easiest and most convenient way to start earning in your crypto gaming journey. It provides you with the initial assets required to play a game in exchange for a part of your earnings. Now, what are those initial assets and why do you need to have them to play the game?
Play It Forward DAO in collaboration with Railings University is a huge crypto gaming guild company that builds up the best gaming guild within the metaverse to make it more attainable. Play more blockchain games of different types! Get more rewards! Earn more with Play to earn games! Check out our website now! Send us a message through Discord and/or Telegram and follow our Social Media accounts.
NFTs in play-to-earn games
You probably already know that the games under crypto gaming guilds are called play-to-earn (P2E) games. These games use blockchain technology so you can receive payments from your gameplay, thus the term “play-to-earn”.
To enter a P2E game, you need to buy the required digital assets to play. These are typically in the form of non-fungible tokens (NFTs) that will represent a character, virtual land, or other in-game items.
The NFTs will become the starting point of your in-game journey. You will use these digital assets to play, win, and earn tokens or other rewards. These rewards will be under your ownership and it will be up to you whether you will trade or sell them in the marketplace.
However, NFT ownership has a limitation if you are a part of a crypto gamers guild.
NFTs in crypto gamers guilds
In crypto gamers guilds, NFTs are given to the players for free. However, this also means that you can’t trade the NFTs in the marketplace. All you can do is play and earn crypto tokens or rewards.
During payouts, the rewards will be collated and you will be paid a percentage of the total earnings. The percentage depends on the gamers guilds and the games they offer. Some guilds provide 50/50 sharing between them and the player. Other guilds have different payout percentages for each game they offer.
What makes crypto gaming guilds different?
Crypto gaming guilds and traditional gamers guilds are different. Traditional gamers guilds are limited only to a specific game. These guilds are mostly composed of gamers who are already familiar with the game. Typically, you won’t be able to join traditional gamers guilds if you are not familiar with or are not a current player of the game.
On the other hand, crypto gaming guilds offer different P2E games that players can choose from. They are platforms that support new players, even those who have no prior background in P2E games.
However, crypto gaming guilds do not accept just anyone. Each aspiring P2E player will undergo certain processes specific to the guild in order to qualify for the game they want to play. Once you pass the process, you might receive some training or be given an account to start playing right away.
Are there any downsides to crypto gaming guilds?
The success of crypto gaming guilds depends on the performance of the players since it is heavily dependent on the generated yields. Moreover, the crypto market is highly volatile so the value of the crypto tokens can change drastically, which can be a bit risky.
Another risk is the potential failure of play-to-earn games. Although P2E is currently on the rise, there are still a number of P2E projects that are unable to keep up with the unstable crypto-market, resulting in failure. This is why it is crucial for crypto gaming guilds to carefully assess the games they are partnering with to ensure the stability of the yields.
Top crypto gaming guilds
If you are a gamer who has spare time in playing P2E games, you should consider joining crypto gaming guilds. There is an increasing number of crypto gaming guilds, which can be a bit overwhelming to explore one by one. To help you out, here are the three best crypto gaming guilds you should opt joining into:
Railings University has over 3,000 gamers and is the first guild under Play It Forward DAO. Play It Forward DAO is a metaverse eco-system builder that has partnered with over 20 new and upcoming games. The guild currently has five active games available for aspiring P2E gamers. These games are Axie Infinity, MetaGear, Pegaxy, Cyball, and Blockchain Monster Hunt.
To join Railings University, you have to become a member of its Discord channel. From then, there will be moderators, admins, and fellow gamers who will assist you in the application and gaming process.
Aside from giving gamers a chance to play crypto games, Railings University also offers career growth opportunities to its members. Players with high potential are encouraged to become streamers, researchers, team leaders, and many other career paths.
Yield Guild Games
With a market worth of over $650 million, Yield Guild Games is by far the largest gaming guild. Its goal is to increase the number of crypto gamers to increase the liquidity of play-to-earn games. Over 4,700 gamers are currently members of the guild who either rent out the guild’s assets or generate a profit off of the guild’s assets.
Another guild that is worth joining is Merit Circle. Aspiring P2E gamers can play Axie Infinity, Star Atlas, Illuvium, and Hash Rush once they join the guild. Each game that the Merit Circle participates in has its own subDAO, which serves primarily as a repository for the content associated with that game.
Since Merit Circle uses the subDAO approach, other games will not be impacted in case the DAO is hacked. As a result, the guild will be able to maintain all of its earnings. Currently, Merit Circle has over 1,200 players in it.
Join Railings University today!
Are you interested in delving into the lucrative P2E industry? Find out more information on how you can become an RU gamer by joining our growing social media channels on Facebook, Twitter, YouTube, LinkedIn, and TikTok. Don’t forget to join Telegram and Discord so you can get updates and are able to ask questions 24/7. For more articles like this, check out our Medium page!
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