Sorare is an NFT video game that allows users to buy and sell NFTs as well as pit them against opponents in a variety of modes.

What is nft video game. NFT is an abbreviation for Non-Fungible Token. Crypto Gaming vs NFT Gaming. Crypto gaming and NFT gaming are two different segments as the first is more focused on spending cryptocurrencies to earn and transact with other players while NFT gaming is focused on using native currencies for generating and collecting unique NFTs that can be used in-game for special actions or held and sold later on.

It was created by Pixowl and bought by Animoca in 2018. These digital assets are often unique. Yet how can video games make use of NFT.

There are many attempts to define them on the internet but in essence that is a fancy name for a digital certificatethat provides proof that you own a digital asset. Some of these games reward players in cryptocurrency while others enable players to collect in-game NFTs that can then be sold for a. Its first commercial use was a video game CryptoKitties that allows the players to buy collect and sell virtual kitties.

They are bought and sold online routinely with cryptocurrency and they frequently encode with the same underlying software as numerous cryptos. The fact that these assets are rare or unique gives them value for some interested parties. In the blockchain world NFTs are cryptographic assets that represent a unique or rare digital or real item.

Hes since explained in an announcement post which you can read below that itll be a video game console that plays classic-style games in the vein of Pacman or Asteroid with NFTs acting. NFT Games are blockchain-based games that have tokenized in-game assets allowing players to collect them as non-fungible tokens NFTs. It seems like collectible games are the perfect environment for NFT.

For others looking to buy in it comes with a hefty price tag of over 600. Supdrive an NFT video game project is led by Dom Hofmann the co-creator of Vine a popular short video sharing app that was shut down in 2017. Twitter user jacksondame shared more on the microblogging site about what it looks like.