Your Next 250X Return May be in Web3 Gaming, Here’s Why:

$1000 invested into popular web3 game Axie Infinity on New Year’s Day 2021 would have been $296,249 just 10 months later! Axie was the first web3 game to reach mainstream success as hundreds of thousands of players were earning enough money to quit their jobs to play full time.

It wasn’t just a fluke. $1K invested in metaverse game The Sandbox on January 1st, 2021 would have hit $221K in value mid November later that year. It’s clear that web3 gaming is the future. Games built on the blockchain can provide transparency and asset ownership to players as well as income from playing the game by being able to buy, sell, and trade your characters or other earning mechanics that are continually being introduced. However these first versions of web3 games have proven unsustainable. Poorly planned tokenomics with inflationary tokens have tanked prices by 90%.

So what’s next and is it too late to find the next 250X gaming return? There’s a new movement called “play-to-own” that is a more sustainable, gameplayfirst model where companies focus primarily on providing value to the player, versus the player extracting value from the ecosystem.

Games like Honeyland (https:// honey.land) are pioneering the play-to-own movement, creating innovative earning mechanics with a completely sustainable economy while following traditional gaming principles of creating an insanely fun and profitable game. And the potential is HUGE. Think about a Candy Crush or Farmville where the players can earn actual money.

They’re the first web3 game to build their economy on a single token with a fixed supply, which means as more players come in, the value of the token goes up, instead of down.

We’ve seen 250x returns on boring games that lack sustainability, who knows how high the next games could go.

With companies like Honeyland building the future of web3, it could be that the next 250X is hidden in plain sight, wrapped in a fun mobile game played by millions of users around the world.

Scan the QR code below to learn more about Honeyland and the future of web3 gaming.

So where do you start? That depends on what you value the most. Ask yourself, do you have something you want to catalog and or sell? Maybe you just want to collect a favorite NFL star trading card. Whatever the reason for wanting to start your NFT journey, there is a marketplace to meet your needs.

By now you should already have access to a Metamask wallet. If not - from a chrome browser on your computer, download the (metamask.com) extension - follow the online instruction, and do as most of us in crypto do, and save your seed phrases, which is like a fixed password to regain access to your special Metamask wallet, in a laminated paper stashed away in a safe. If not, remember to practice security, and never store seed phrases anywhere digital. If you still don’t know where to start let’s look at LooksRare.org. Here you can browse collections of different NFTs that are just art, or NFTs with utility, like characters in games. Art is very subjective - so something that may have value to you may not have value to someone else. If you’re looking at NFTs as an investment vehicle, please consult a financial advisor, but know this: Just like any volatile asset, price points can be manipulated, and inflated. There are many tools used to analyze the performance of an NFT collection. Websites like Nansen. ai and Dune.com, are some of the most widely used analytical tools for NFT collections and marketplace research.

Now having a Metamask wallet set up, you will have to fund the wallet. Since we are starting on LooksRare.org, you would have to transfer ETH (Ethereum) to the wallet. You can refer back to Crypto Magazine issue 1 page 26 on how to exchange dollars/fiat to crypto. Once your Metamask wallet is funded with ETH, you can proceed on to connect the wallet to LooksRare.org (green connect button on the top right

Once your Metamask wallet is funded with ETH, you can proceed on to connect the wallet to LooksRare. org (green connect button on the top right of the screen). On the top left, there is a search bar where you can search for a specific collection, or you can browse.

of the screen). On the top left, there is a search bar where you can search for a specific collection, or you can browse. Once you have the NFT you are wanting to purchase, it’s as easy as selecting it, then hit buy now or make an auction offer and wait to see if the owner accepts the offer. If you hit buy now - just follow the instructions from the menu. Congratulations, you are now an NFT owner. It’s industry recommended that if you value your crypto or NFT, you place the asset in a hardware wallet to store them securely offline.

Interest in selling the NFT just takes decisions on when, and how much, to sell it for. Or accept the offer if there is one place on the asset. Luckily, that research can be done using online tools like Dune.com and Nansen.ai. To sell your NFT on LooksRare.org you would hit the same place where you hit the connect dial on the top right of the page. That will bring up your wallet and you would select the “My Items” tab. Select the NFT you are wanting to sell by clicking anywhere on the NFT. As long as you hold your NFT in your online wallet, it will be viewable to everyone, and they are able to place an offer. If you happen to get an offer in the price range of which you are willing to part with your

NFT asset, you can select the offer tab and accept the offer. Once this is accepted it cannot be reversed so be careful.

If you are interested in selling the NFT, then from the “My Items” section back when you selected your wallet, you would select the sell button in the middle of the page. You can do a fixed price only at this time. Here you would select the time frame, select desired price, and hit sell.

Select the NFT you are wanting to sell by clicking anywhere on the NFT. As long as you hold your NFT in your online wallet, it will be viewable to everyone, and they are able to place an offer

Congratulations, if you have decided to join the NFT community by owning your very first NFT. The NFT journey is an artistic, and collectible way to approach crypto. Whether it’s for investments, or just because you want to own a piece of cataloged history, you have a growing, open sea (pun intended), on which blockchain technology you want to start, or continue your NFT journey. Happy Sailing.