How to Earn in Web3 Games: 8 Ways to Make Money
8 - 9 minutes
The world of gaming is undergoing a shift with the rise of Web3 technologies, blending entertainment with the ability to earn real value. Web3 gaming empowers players to break free from the limitations of traditional games, offering new opportunities where your in-game achievements can translate into real-world rewards. At the heart of this revolution is blockchain technology, enabling true ownership of digital assets and creating decentralized economies. No longer are your rewards and collectibles confined to a single game – now, they are yours to trade, sell, or leverage in entirely new ways. Let’s explore the many avenues for earning in Web3 gaming!
Earning in Web3 Gaming#Copy URL to this article section
Web3 gaming is revolutionizing the way players interact with their favorite games, introducing opportunities to earn real value while enjoying immersive gameplay. Unlike traditional games where rewards are locked within the ecosystem, Web3 games leverage blockchain technology to provide true ownership of in-game assets, enabling players to trade, sell, or stake their rewards for tangible benefits.
Whether you're a casual gamer or a seasoned pro, Web3 games offer numerous pathways to turn your time and skills into rewards. From playing with tokens and NFTs to staking assets and trading on open marketplaces, the earning potential is vast and varied. Let’s dive into the top ways to start earning in Web3 gaming, beginning with one of the most popular methods.
Play-to-Earn (P2E) and Play-to-Airdrop (P2A) Models#Copy URL to this article section
Overview
Play-to-Earn (P2E) and Play-to-Airdrop (P2A) are among the most accessible ways to earn in Web3 gaming, especially for free-to-play players. With these models, players are rewarded simply for engaging with the game, completing tasks, or leveling up their characters. These rewards often come in the form of in-game tokens or NFTs, which hold real-world value and can be traded on marketplaces.
While P2E focuses on consistent token earnings, many new games are pivoting towards the P2A model. This approach emphasizes rewarding players with exclusive token or NFT airdrops based on achievements, engagement, or active participation in special events.
Ready to earn while you play?
How to Earn
Play Regularly: Complete in-game missions, battles, or daily tasks to earn tokens.
Engage in Events: Participate in time-limited challenges or special events for higher rewards.
Character Progression: Advance your in-game progress to unlock valuable items or NFTs.
Examples
RavenQuest: Earn $QUEST tokens simply by playing the game and completing tasks.
Guild of Guardians: Mint characters into NFTs that can be sold or traded.
Pirate Nation: Collect Seasonal Booty Points, which are exchanged for tokens at the end of the season.
Both P2E and P2A models provide an excellent starting point for anyone looking to earn in Web3 gaming, especially those who want to dive in without upfront investments.
Learn more about RavenQuest, Guild of Guardians, and Pirate Nation on Beamhub.
Joining Tournaments#Copy URL to this article section
Overview
Competitive tournaments in Web3 gaming are redefining the esports scene by offering players the chance to earn substantial rewards through skill and strategy. While the rise of Play-to-Airdrop models has shifted the focus for many games, some Web3 titles still host regular tournaments, often funded by the community or developers. These events feature prize pools that include high-value tokens, NFTs, and other exclusive in-game rewards.
These tournaments cater to both individual players and teams, making them an exciting way for competitive gamers to showcase their skills and earn real-world value.
Witness epic battles in the world of Parallel
How to Earn
Participate in Scheduled Tournaments: Register for tournaments and compete for tokens, NFTs, and valuable prizes.
Collaborate with Teams: Team-based events allow players to strategize and collaborate to maximize their chances of winning.
Focus on Leaderboards: Climbing leaderboards in these events often results in the most substantial rewards.
Examples
Parallel: Join strategy-focused tournaments where you can win in-game rewards and tokens.
Illuvium: Compete in PvP esports events with substantial token rewards and rare assets.
Web3 gaming tournaments are perfect for competitive players seeking thrilling gameplay and meaningful earning opportunities. Whether you're playing solo or as part of a team, these events allow you to showcase your skills and secure tangible rewards.
Streaming or Creating Content#Copy URL to this article section
Overview
Web3 gaming communities thrive on engaging and informative content, making it a prime opportunity for players to share their experiences while earning rewards. Whether you’re streaming gameplay or creating guides, there’s a growing demand for resources that help players succeed in Web3 games. With platforms like Twitch, Twitter and YouTube, you can connect with audiences, grow a following, and monetize your efforts through ads, sponsorships, or donations.
Many Web3 studios are also actively seeking content creators to promote their games, offering additional earning potential through collaborations and partnerships.
ProfPanda dives into The Wildlands of Faenora
How to Earn
Streaming: Broadcast your gameplay on platforms like Twitch or YouTube to attract viewers and earn through ad revenue, sponsorships, and tips.
Creating Guides: Write in-depth tutorials or record walkthroughs that help players navigate Web3 games. Monetize your content through website traffic or video views.
Community Partnerships: Collaborate with game studios to create promotional content and earn rewards or sponsorship deals.
Examples
Twitch Streams: Stream Web3 games like Off The Grid and Shatterline, showcasing your strategies and engaging with a live audience.
YouTube Tutorials or Twitter Content: Create beginner-friendly guides for games like Forgotten Runiverse.
Collaborations with Studios: Partner with Web3 studios looking to expand their player base by creating promotional videos or social media content.
Streaming and content creation not only allow you to showcase your skills but also connect with a growing Web3 gaming community while earning from your passion.
Explore more about Off The Grid, Shatterline, and Forgotten Runiverse on Beamhub.
Guild Membership#Copy URL to this article section
Overview
Guilds in Web3 games bring players together to pool resources, share profits, and tackle challenges as a collective. These communities are especially beneficial for players who may not have access to expensive in-game assets like rare NFTs or high-tier characters. By joining a guild, players can leverage shared resources to participate in earning activities, enhance gameplay, and maximize rewards.
Guilds often focus on building strong, cooperative ecosystems, enabling players to grow together while fostering collaboration and strategy.
Win big in the Castile Giveaway!
How to Earn
Access Shared Assets: Utilize guild-owned NFTs or characters to participate in earning opportunities without needing to make large upfront investments.
Collective Earnings: Share in profits generated from guild activities such as tournaments, quests, or resource farming.
Collaborative Progression: Work with guild members to conquer challenges that would be difficult to achieve solo, unlocking additional rewards.
Examples
Yield Guild Games: A prominent Web3 gaming guild offering members access to valuable NFTs and collective earning opportunities across multiple games.
Beam Gamers: A community of gamers hosting bi-weekly giveaways for their partnered games, rewarding the community with tokens, access codes, and in-game rewards.
Gaming Grid: A gaming guild providing members access to partnered games and offering exclusive rewards for active participation.
Joining a Web3 gaming guild is an excellent way to level up your earning potential while connecting with a supportive community. Whether you’re a beginner or an experienced player, guilds open doors to opportunities that might otherwise be out of reach.
Bug Bounties or Beta Testing Feedback#Copy URL to this article section
Overview
Bug bounties and beta testing feedback provide players with the opportunity to earn rewards by identifying bugs or offering valuable insights to improve Web3 games. This model allows developers to fine-tune their games before launch while rewarding players for their contributions.
While not as common as other methods, this approach is particularly beneficial for those who enjoy exploring game mechanics and providing detailed feedback. Smaller Web3 projects often rely on beta testers or dedicated community members to ensure the game’s quality, and some even compensate players for identifying critical bugs or offering suggestions for improvements.
Get ready to squash bugs and earn rewards!
How to Earn
Participate in Beta Tests: Join beta programs or early access phases to test new features and provide feedback.
Submit Bug Reports: Actively explore the game and report bugs or glitches through official channels.
Engage with the Community: Some games reward players who contribute valuable ideas or insights on community forums and Discord channels.
Examples
RavenQuest: Rewards testers who identify bugs during mobile stress tests with valuable in-game items or tokens.
Illuvium: Offers incentives for providing detailed feedback on game mechanics and balancing during beta phases.
Parallel: Compensates players for reporting exploits and contributing to game stability during testing periods.
Bug bounties and beta testing may not offer consistent earning opportunities, but they provide a meaningful way to support your favorite games while being rewarded for your efforts. For players passionate about shaping the future of Web3 gaming, this approach can be a fulfilling and rewarding experience.
Trading In-Game Asset or NFTs#Copy URL to this article section
Overview
NFTs have revolutionized asset ownership in Web3 gaming, representing everything from characters and skins to rare weapons and land. By trading NFTs on open marketplaces, players can turn their in-game achievements and collections into real-world profits. This method is ideal for skilled players or collectors who excel at acquiring rare items or identifying undervalued assets to flip for a profit.
Enhance your strategy with WAGMI Defense NFT cards!
How to Earn
Sell Rare Items: Acquire rare or upgraded NFTs through gameplay and sell them on marketplaces.
Flip Undervalued NFTs: Monitor marketplaces for underpriced NFTs to buy and resell at a higher value.
Participate in Events: Engage in events or challenges that grant exclusive NFTs with high demand.
Examples
WAGMI Defense: Trade powerful character cards and upgrade NFTs to maximize their market value.
Guild of Guardians: Mint and trade exclusive hero NFTs and in-game items earned through gameplay.
Big Time: Acquire and trade exclusive cosmetic NFTs and loot drops from dungeon battles.
By leveraging the power of NFTs, players can not only enhance their gaming experience but also create substantial earning opportunities, making trading one of the most lucrative ways to profit in Web3 gaming.
Discover more about WAGMI Defense, Guild of Guardians, and Big Time on Beamhub.
Asset Ownership and Rentals#Copy URL to this article section
Overview
Virtual land ownership is becoming a key aspect of Web3 gaming, offering players the chance to generate income by owning and utilizing in-game assets. These assets, often represented as NFTs, can include land plots, buildings, or other interactive spaces. Players can rent these assets to others or monetize them by creating engaging experiences, such as hosting events or charging fees for access.
Rent virtual land in the metaverse and bring your vision to life.
How to Earn
Rent Your Land: Lease your virtual property to other players for passive income.
Build Experiences: Develop interactive or entertaining activities on your land to charge fees.
Trade Assets: Buy undervalued assets and sell them as the game's ecosystem grows.
Examples
Heroes of Mavia: Own and rent out land plots for other players to build bases and earn rewards.
Decentraland: Purchase land to create and monetize custom experiences, from virtual shops to live events.
The Sandbox: Acquire land to host games, galleries, or social hubs and earn from visitor participation.
While asset ownership provides lucrative opportunities, it also comes with risks. Virtual land can be expensive, and its value often depends on the game's popularity and active player base.
Learn more about Heroes of Mavia, Decentraland, and The Sandbox on Beamhub.
Staking and Investing in Game Tokens#Copy URL to this article section
Overview
Staking and investing in game tokens are two popular methods for earning passive rewards in Web3 gaming. Staking involves locking your in-game tokens within the game’s ecosystem, earning interest, or other benefits as a reward for supporting the game’s growth.
On the other hand, investing in game tokens allows players to potentially profit from the game's success by purchasing tokens early and holding them as their value increases over time.
While staking provides a relatively low-risk opportunity for passive income, investing in tokens comes with higher financial risk. Token values can fluctuate based on the game’s performance and market trends, so conducting thorough research is essential before committing funds.
Stake your $WILD and earn impressive rewards!
How to Earn
Staking Tokens: Lock your in-game tokens for a set period to earn rewards like additional tokens, NFTs, or exclusive perks.
Investing Early: Buy game tokens during their early release stages and hold them as the game gains popularity and value increases.
Yield Farming: Some games offer additional token incentives through yield farming, where you stake your assets in liquidity pools to earn rewards.
Examples
Wilder World: Stake $WILD tokens to earn ecosystem revenue shares and gain voting rights within the metaverse.
Space Nation: Stake $CHR tokens to unlock exclusive crafting boosts and additional rewards within the game.
Blade of God X: Stake $BOGX tokens to receive in-game bonuses and participate in special seasonal events.
Staking and investing offer lucrative opportunities for those willing to support and engage with a game’s ecosystem, but they require careful consideration to mitigate risks and maximize returns.
Discover more about Wilder World, Space Nation, and Blade of God X on Beamhub.
Conclusion#Copy URL to this article section
Web3 gaming has revolutionized the traditional gaming landscape, introducing countless ways for players to earn while enjoying immersive experiences. From Play-to-Earn models and NFT trading to staking tokens and participating in competitive tournaments, the opportunities are vast and diverse. Whether you're a casual gamer or a seasoned strategist, there’s an earning path tailored to your skills and interests.
These innovative systems empower players with true ownership of in-game assets and decentralized economies, creating meaningful connections between gameplay and real-world value. As the Web3 gaming ecosystem continues to grow, the potential for earning will expand even further, driven by advancements in blockchain technology and AI-powered innovations.