If you’ve been following us recently you’ll know we’ve started to get involved in the play-to-earn gaming revolution.
Whilst this isn’t strictly in the “betting category,” we do occasionally like to venture into other fields like forex, crypto and passive income. Anything really that can make an extra bit of income on the side!
So our first foray in the play-to-earn field was Sorare, the fantasy football game that runs on the blockchain. If you’ve been following our journey you’ll have seen it’s been going very well with lots of rewards won.
Our next sortie into the realm of play-to-earn games then is a fun little simulation game called Town Star from Gala Games.
We’ve written a full guide here on what Town Star is all about and how you can earn from it, but basically it’s a lot like Farmville. You run a small town and have to build it up from scratch by farming goods and then selling them.
In order to earn tokens on it (which you can then sell on exchanges like Coinbase), you have to buy NFTs – or non-fungible tokens. These are the farming/industrial items like wheat storage, water fountains, solar panels and so on. Then you have to complete a daily challenge in the game to earn your tokens.
Another way to earn Town Coin is to finish high up on the leaderboard, although that is very tough so for most people the focus will be on earning the daily Town Coin.
We’ve recently joined the game and will be documenting our journey here, just as we have been doing with Sorare.
So far we have one NFT placed in the game, earning 14 of the game’s tokens, called Town Coin, per day.
At today’s prices of $1.23 per Town Coin, that’s $17 per day in earnings, for just a small amount of time playing the game each day. Some people are already earning over $100 per day from the game.
There is also the potential to move up the levels and be able to place more NFTs in the game, thus earning more Town Coin.
Plus of course the value of Town Coin could go up as well – although it could also go down so you do have to accept the fluctuations in the price of the token and not expect it will necessarily go up.
If more people join the game though, in theory it should drive more adoption of the token.
Just to note that the cheapest NFTs that pay out Town Coin are currently priced at around $730. So at current prices it would take approximately 54 days to earn back the cost of the NFT.
That presumes Town Coin stays at its current price of course, but it gives you a ball park idea of the payback time anyway. You also will own the NFT and they are generally going up in price all the time.
Please note there are a very limited supply of the NFTs though and they are selling out fast. All of the NFT info is covered in our guide so we recommend you read that first before buying any of them.
In any event, given the potential here and the fact it’s quite a fun game to play, we are looking forward to running this review and will update our progress here as usual.