NFT games have become more and more numerous to such an extent that it is now complex to know which projects can be promising or not. Nevertheless, some warning signs do not lie in estimating the potential of a future NFT game.
Even though it's a relatively young niche with a lot of projects having a short lifespan, there are certain indicators that can help you determine whether the project will be profitable or not. So here are some things to keep in mind when looking for the future NFT game.
Understand how NFT games work
Before looking for a promising project, it is important to understand the workings behind such games in order to be able to identify their strengths and weaknesses. NFT games are thus based on blockchain technology and are called Play to Earn (P2E). That is, players usually own whatever they get in-game in the form of NFTs which they can then resell, hence the “play to win” principle.
It can be the purchase of a virtual land, a piece of equipment, a hero, a pet, or more. Everything can be in the form of an NFT allowing later to generate money by reselling it.
So this kind of game generates money via NFTs and also most of the time a cryptocurrency is associated with the game. Thus, depending on its popularity, its course will be more or less important. This, therefore, offers a relatively advanced economic ecosystem that can generate benefits for all participants.
Define your criteria for choosing a promising project
A promising project in the world of NFT games is not much the same depending on your goals. For example, if it's just a question of profitability, then even if such a game only came to work for a few weeks, but you realize a nice profit, it can be considered promising.
Therefore, you must first define if your only objective is to find an NFT game that will be profitable at some point or if you rather want something in the long term. As this environment is relatively young, the projects on average have a short lifespan.
Of course, beyond the lifespan, you must also be able to estimate the reality of the project and that it does not die even before its launch or worse that it is not a scam. This is why there are a few indicators that can help you form your own opinion, which we will detail immediately.
The team in charge of the project
The first point is to be able to decide whether or not you can trust the team that offers this new NFT game. Whether it's based on their speech, past experiences, or even their ambitions, you need to be able to gauge whether they are realistic about their game and whether their words make sense to you or not.
Of course, in such a young environment, it is difficult to know all the actors and determine whether they already have a reliable reputation or not. However, a team that will be more interested in developing their game without necessarily thinking only of the economic model, can potentially suggest that money is not their only goal.
In the same way, a project worthy of its name will always have a well-defined roadmap as well as objectives to follow during the months to come. Therefore, analyze in detail what they offer and if they stick to their objectives fully.
In addition, there are organizations responsible for verifying the validity of a project and whether it is functional. If such an organization has already verified the NFT game you are interested in, this is an additional guarantee. Just like an NFT game that will have many partners will inspire more trust.
Community enthusiasm
Another good method to know if a project will be popular and therefore potentially profitable is to analyze the enthusiasm of the community. As a general rule, an NFT game that makes noise, that causes waiting, will technically attract more players and thus be more profitable.
Social networks, in particular Twitter or Discord, are good indicators for exchanging with individuals who have a common interest in this or that NFT game while forming your own opinion based on the comments you can read there.
In addition, an NFT game that wants to develop will logically always have a presence on the networks in order to strengthen its image there. As a result, the more official accounts have subscribers, the more people there are interested in the project from near or far and therefore it can be promising.
An example with Battle Infinity
Here is to finish the example of the moment with Battle Infinity. It's an NFT game that could become number 1 this year. It is a fantasy league in the Metaverse where players form a team that will compete against other players. It is possible to improve your heroes with equipment in the form of NFTs directly in-game.
Although not everything is known about Battle Infinity yet, it is currently in presale with its IBAT token and raised over 4400 BNB or more than $1 million in less than two weeks. This definitely attests to my interest in this project.
NFT games: how to recognize a promising project?
As a bonus, the Indian development team has many partners, communicates regularly via Twitter, and at least one organization responsible for checking the status of the project has attested that everything seems to be in order. This is a guarantee of confidence to avoid any scam that a project just wants to generate money and then disappear.
Therefore, on paper, Battle Infinity seems like a promising project, and why not the NFT game of the year. Of course, now, it's up to you to define if you consider it good to give your confidence to this game or if it's not enough. After all, Battle Infinity is due out normally by the end of the year and the pre-sale lasts another 78 days, enough time to think more.
There are few NFT games that have a long shelf life currently, as it is still a very young niche. Still, Axie Infinity, the NFT game of 2021, continues to endure even though there have been ups and downs.
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