Are NFT games also another way to gamble your money?

[JohnBitCo]

It's not too risky depending the game. If it's a well developed game which people also play for fun and because the game is good the risk is lower. But if the game is just like a common site where players click few times a day to collect daily income then the risk is much higher. It's like low and high risk bets. Between both options I think it's better to invest in the first category, because they tend to last longer and make more success on long run.

Most of NFT games are built for their user ecosystem and not for players risk their money. so yes nft are less risk than gambling . the concept is play to earn. and of course capital is needed to start because basically this is a financial investment in a gaming system. maybe there is an NFT that provides gambling features like that. but what is popular today in NFT games are offers more user play to earn.

You need to be careful because although they say the concept is play to earn, most of these *games* don't have any real gameplay. As I said, you just click in a common site few times a day to collect your daily income and that is a big red flag, since ponzi schemes can use this same concept: high earnings promises, poor developed site claiming to be a game, constant appeal to bring more players to the platform...
I think legit NFT games are actually a minority right now and even by investing on the legit ones you are risking your money, so it's a kind of gambling anyway.

NFT games can give you big return if you are able to choose between the good and the bad. Because of the recent trend of NFT games, there are many fake games in the market which are made to get money from you and have no future. You should not invest in these types of games and only look to invest in games which are legit and have good feedback from the players.

[maju69]

It will be dependent on how a user see and choose to use NFT. And I am glad to know that we are one on the thought that it is an actual game that is fun, flexible, and can be profitable as well for the players of the game.

One of the Games I'm trying to work on is quite fun, and before launch we've done some mining using the NFT, we can sell it as well we can hire it to generate GFT Tokens. The more rare it will guarantee the price. Maybe that's my thinking where NFT is more about development which can't be called gambling.

If you want to try it then you can learn about NFT https://github.com/GameFantasyDev/StarLinkBetaTest/blob/main/GameGuide-EN.md

[pawanjain]

If you look at it from that perspective then everything is pretty much a gamble.
For example : You invest in any particular coin then you are taking the risk and hoping for it to increase in price over the years.

NFT doesn't have anything to do with gambling itself and it's just a way of representing a particular thing.
And yes, NFTs can also be gambled because when you buy it you are putting your money at risk and hoping that someone else would buy it from you at a higher price.
That's ofcourse if you are buying to make a profit out of it and not just to showcase.

[KTChampions]

NFT games can give you big return if you are able to choose between the good and the bad. Because of the recent trend of NFT games, there are many fake games in the market which are made to get money from you and have no future. You should not invest in these types of games and only look to invest in games which are legit and have good feedback from the players.

Good advice! Like selling on highs, buy on low  In fact, it is quite difficult to understand which project is serious and will arouse public interest and which is a dummy, especially at an early stage. And after it is already clear that the project is working and it is promising, it is too late to make investments, since the prices are already high. By the way, maybe you can advise projects that would be worth paying attention to?

[finaleshot2016]

NFT and play to earn are considered gambling they are in the market and because they are in the market they are considered investment and investment in Cryptocurrency is considered gambling, that is why we have this saying only invest what you can afford to lose, I invested in 3 NFT and waiting for their development I know it's gambling and I take the risk just like I do when playing in a gambling site.

I also invested in an NFT game called MIST, which is an MMORPG game, and I believe it will be successful soon because it is a popular game type. It's also an investment, and I'd like to risk a tiny portion of my funds on it because it's still in development and has the potential to grow in the future. I'm hoping that this game will provide me with a quick return on investment, allowing me to reap the benefits of being an early investor in an NFT game.

[KTChampions]

I also invested in an NFT game called MIST, which is an MMORPG game, and I believe it will be successful soon because it is a popular game type. It's also an investment, and I'd like to risk a tiny portion of my funds on it because it's still in development and has the potential to grow in the future. I'm hoping that this game will provide me with a quick return on investment, allowing me to reap the benefits of being an early investor in an NFT game.

Have you participated in ICO? I looked at the distribution of the project tokens here and it does not seem optimistic to me in terms of price growth  https://coinmarketcap.com/currencies/mist/ico/ - The overwhelming majority of tokens are controlled by the project team and early investors; this does not cause a desire to invest in the project.

[CryptoG99]

Getting an NFT is like getting any other asset, just because it is digital doesn't make it any different.
Your asset is worth whatever someone else is willing to pay for it.
I like to use Colosseum Cards as a current example. In this upcoming NFT game you can get Football players as NFTs and use them within the game. No difference the collecting and trading magic or baseball cards back in the day. The only difference with Colosseum Cards, since they are digital, they can be traded worldwide, used in the utility of the "game" and also you as the original opener of the NFT card can get passive income when those cards are ever traded again.

[Dedewahyu]

I always do research in making decisions, for me not all NFT games are bad, one of which Project Itam with its Middleware will launch the Lime Odissey M game, an MMORPG game based on play to earn, and this game can be played for free. there is no difference all players can get the playtoearn, every NFT that is obtained from the game, can be staked to get LimeM coins. for ROI problems, I think this game will quickly achieve ROI.

[Pelana vreo]

I have 2 NFT game characters, and currently in Demo version but in the next 3 weeks the game will be released, this project has a NFT trading platform, so I bought it and yes, it seems when the number of demand is increasing and the number of game characters is limited then the price will go up, it's like trading in general, but NFT has value good artistic and digital art.
Etna.network have a great idea for #P2E games and I'm planning to do some more research on a new project that has a gaming platform.

[andireynold98]

Getting an NFT is like getting any other asset, just because it is digital doesn't make it any different.
Your asset is worth whatever someone else is willing to pay for it.
I like to use Colosseum Cards as a current example. In this upcoming NFT game you can get Football players as NFTs and use them within the game. No difference the collecting and trading magic or baseball cards back in the day. The only difference with Colosseum Cards, since they are digital, they can be traded worldwide, used in the utility of the "game" and also you as the original opener of the NFT card can get passive income when those cards are ever traded again.

Yes really love Colosseum Cars with their football players as NFT. Also that i heard they will release for a whole sports in the future, so this is really huge for those sport fans. I do really basketball rather than football so yeah, i will looking forward to Colosseum Card as well. Also with their feature that we can make a dream team for sure that i really love it

[carlisle1]

I always do research in making decisions, for me not all NFT games are bad, one of which Project Itam with its Middleware will launch the Lime Odissey M game, an MMORPG game based on play to earn, and this game can be played for free. there is no difference all players can get the playtoearn, every NFT that is obtained from the game, can be staked to get LimeM coins. for ROI problems, I think this game will quickly achieve ROI.

just make to do your research whatever NFT project you support as long as you do your job
it lessen the chance of making mistake in choosing the right one for you.

Play to earn still hot and lots of new projects are showing up from time to time.

Sorting and picking the best one always rely with your own decision after working with your study.

You are risking money how good the project might it be but with high confidence the chance to earn is very possible after.

[South Park]

I will have to check the game but if you are using money and there is an element of chance there that is completely outside of your control then we could say that you are gambling, after all if we took out the name of the game and people were trying to guess what kind of game you were describing many people would have guessed poker as it is a game of skill in which probabilities still play a huge factor, and it seems this game could be under the same classification as poker.

Seen lots of people just dive in just because of the hype on where they do end up on playing games directly without even trying to look on whose the team behind or the developer.Did see some rug pull projects which is really sad into those who do lost up big or tons of money when the owner had ran off all of those investments.

This is one of the risk when you do deal into something not just on NFT games but also with other forms of investment as well here on crypto market.Gambling on the essence that you are risking your
money but at least you could really make out some advantage if you had done your assignment.

Unfortunately this is something that is happening a lot recently, I know that scams have always existed in this market as there is simply too much money and a lot of people give their money to projects that anyone will describe as a scam from the get go, however the NFT craze we are going through is completely crazy and quite honestly I do not see this improving any time soon as people want to get rich fast even if they have to risk losing all their capital in the process, which most of the time they do.

[Mariaverde]

Getting an NFT is like getting any other asset, just because it is digital doesn't make it any different.
Your asset is worth whatever someone else is willing to pay for it.
I like to use Colosseum Cards as a current example. In this upcoming NFT game you can get Football players as NFTs and use them within the game. No difference the collecting and trading magic or baseball cards back in the day. The only difference with Colosseum Cards, since they are digital, they can be traded worldwide, used in the utility of the "game" and also you as the original opener of the NFT card can get passive income when those cards are ever traded again.

I found that project and I think is really awesome and fun. You can earn passive income when your cards are traded.

[Chathusand]

I don't believe they're all of them; most of them include some sort of strategy, which eliminates the possibility that NFT games are a form of gambling. Consider Axie Infinity: it's a skill-based game with a chance element in the form of cards, critical hits, and opponent skill, but it's not gambling.

[the ghabbar]

Right now there are huge lists of them where you have a choice on whether you buy tokens on their early pre-sales or invest in the game hoping that you will get your ROI as fast as possible but there is no assurance about it. Is this gamble its true sense it has just some part where you need to take the risk but not that low odds where you can get your capital back?


Just like this one - Where the Initial investment is 10$ but if you are lucky enough you can get it after 15 days or a month of continue playing. Of course, you will have an option to further invest in the game where you accelerate the return of your capital but more risk and you need to spend additional money for it.

Splinterlands



Number two is somewhat risky where right now you need to have 4 characters and a weapon to start to play the game which is approximately $100 to start to play and the risk right now is quite high because the price of their token is falling from $120+ to $32+ where lots of people are complaining because they bought their characters and weapons when the price was high. With the current price, their investment capital will return after 5-6 months of continue playing or less than that if the price will recover but no assurance.



Number Three is the NFT game called MyDefipet where in most cases people invested where the price was quite high and the game hasn't started their play to earn mode yet. This last one is the riskiest of them all since there was no way for you to get your capital back if you already bought their NFTs inside the game. all you have to do is wait and somehow trust their developer's statements.





These are just a few lists of the NFT games that I know, I just wanted to know if this kinda makes sense to invest in this game whereas you can see, people who invested late are now suffering and
can't stop thinking if they get back their investment.

That's why it is necessary to add weapons and characters that have been used to increase the chances of playing, the greater your chances of winning in this game, expertise is also needed in playing it, so it can be added with additions to existing weapons, whatever you play. will be driven to win, the risk will still be there from the gambling or betting you make, whatever it is you also need to be aware of it and must be able to reduce the risk.

[chichigirl]

Right now there are huge lists of them where you have a choice on whether you buy tokens on their early pre-sales or invest in the game hoping that you will get your ROI as fast as possible but there is no assurance about it. Is this gamble its true sense it has just some part where you need to take the risk but not that low odds where you can get your capital back?


Just like this one - Where the Initial investment is 10$ but if you are lucky enough you can get it after 15 days or a month of continue playing. Of course, you will have an option to further invest in the game where you accelerate the return of your capital but more risk and you need to spend additional money for it.

Splinterlands



Number two is somewhat risky where right now you need to have 4 characters and a weapon to start to play the game which is approximately $100 to start to play and the risk right now is quite high because the price of their token is falling from $120+ to $32+ where lots of people are complaining because they bought their characters and weapons when the price was high. With the current price, their investment capital will return after 5-6 months of continue playing or less than that if the price will recover but no assurance.



Number Three is the NFT game called MyDefipet where in most cases people invested where the price was quite high and the game hasn't started their play to earn mode yet. This last one is the riskiest of them all since there was no way for you to get your capital back if you already bought their NFTs inside the game. all you have to do is wait and somehow trust their developer's statements.





These are just a few lists of the NFT games that I know, I just wanted to know if this kinda makes sense to invest in this game whereas you can see, people who invested late are now suffering and
can't stop thinking if they get back their investment.

I don't think so the investing with NFT games is really good but still hoping that it is real and hoping that my investment with it may gain someday since i already take some risk and inveat with some NFT games.

[leea-1334]

I don't believe they're all of them; most of them include some sort of strategy, which eliminates the possibility that NFT games are a form of gambling. Consider Axie Infinity: it's a skill-based game with a chance element in the form of cards, critical hits, and opponent skill, but it's not gambling.

Skill-based at first maybe,,, but like most games like nowadays the grinder will always win. Spend more time (or more money) and you get more cards, more skills,,, and are always stronger than the guy who only logs in once per day.

If this is not gambling, that is, putting in your time in the hopes of gaining that <1% super rare skill on a loot box, I do not know what is 

[dhemasm]

but like most games like nowadays the grinder will always win. Spend more time (or more money) and you get more cards, more skills,,, and are always stronger than the guy who only logs in once per day.

Nope, After playing some popular NFT games out there (Axie, Dragonary, Cryptozoon), People who spend more money will get always stronger and get more stuff comparing to people who grind, It was because we are limited by energy or anything like that to doing some stuff on the game so the people who spend more will always get stronger, Even like that there are some good games like MIR4 that basically give you chance to competing with other people that paying more money, we are still on early phase of NFT games and we will see some good games in the future for sure like Iluvium for example.

[kramchers]

Right now there are huge lists of them where you have a choice on whether you buy tokens on their early pre-sales or invest in the game hoping that you will get your ROI as fast as possible but there is no assurance about it. Is this gamble its true sense it has just some part where you need to take the risk but not that low odds where you can get your capital back?


Just like this one - Where the Initial investment is 10$ but if you are lucky enough you can get it after 15 days or a month of continue playing. Of course, you will have an option to further invest in the game where you accelerate the return of your capital but more risk and you need to spend additional money for it.

Splinterlands



Number two is somewhat risky where right now you need to have 4 characters and a weapon to start to play the game which is approximately $100 to start to play and the risk right now is quite high because the price of their token is falling from $120+ to $32+ where lots of people are complaining because they bought their characters and weapons when the price was high. With the current price, their investment capital will return after 5-6 months of continue playing or less than that if the price will recover but no assurance.



Number Three is the NFT game called MyDefipet where in most cases people invested where the price was quite high and the game hasn't started their play to earn mode yet. This last one is the riskiest of them all since there was no way for you to get your capital back if you already bought their NFTs inside the game. all you have to do is wait and somehow trust their developer's statements.





These are just a few lists of the NFT games that I know, I just wanted to know if this kinda makes sense to invest in this game whereas you can see, people who invested late are now suffering and
can't stop thinking if they get back their investment.

I am all familiar with them, until now Dpet and CB(cryptoblade) is in the stage developing and yet there are so many community bought their tokens in the market.  After cryptoblade started there are so many NFT arise that copied the style or system of it, where the majority of them ended up in a short period of time only and a lot of investors lose their assets in the end. Even in Dpet, a lot of investors, bought this coin and yet no PVP or PVE. In short, both are just a piece of shit.  Sorry for the term.

[leea-1334]

but like most games like nowadays the grinder will always win. Spend more time (or more money) and you get more cards, more skills,,, and are always stronger than the guy who only logs in once per day.

Nope, After playing some popular NFT games out there (Axie, Dragonary, Cryptozoon), People who spend more money will get always stronger and get more stuff comparing to people who grind, It was because we are limited by energy or anything like that to doing some stuff on the game so the people who spend more will always get stronger, Even like that there are some good games like MIR4 that basically give you chance to competing with other people that paying more money, we are still on early phase of NFT games and we will see some good games in the future for sure like Iluvium for example.

Yes,,, that is what I said though if you look again at my response

The spender will always win (I said grinder but I meant either you grind money or you grind time). All of these fake games claim to be skill based and then they sell powerful items that grinders never can catch up with.

So if NFT games do not fix this broken thing,,, then the whole idea is still pointless.