Wolf Game is now one of the hottest Play-to-Earn (P2E) NFT games in the market. This 100% on-chain game has generated in-game sales of more than 21k ETH, and counting. In-game assets are generally traded on OpenSea, including the cutest sheep and wolves collection. Gary Vee also sounded impressed as he dropped a subtle tweet regarding Wolf Game out of the blues.
The game mechanics is not new by any measure and is fairly simple to grasp. One of the attractive elements is the passive gaming component, unlike Axie Infinity where players need to grind for a couple of hours every day to earn the rewards. The whitepaper is also easily accessible for people that would like to dive deeper.
How to play Wolf Game?
This NFT mania is built on the Ethereum blockchain, and every single transaction will be recorded on-chain. Therefore, players need to have a MetaMask account and an OpenSea account. You will need to load up on ETH as well since every transaction will cost you those notorious gas fees.
Before jumping into the game, head over to OpenSea to purchase some sheep, or wolves if you want a head start. After that, you should be good to go. In the game, your sheep will reward you with $WOOL tokens. The tokens allow you to mint new sheep or wolf NFTs, which generate more $WOOL, and the cycle repeats. Users can opt to cash out by swapping $WOOL on Uniswap or selling their NFTs on OpenSea.
As with every investment, there are inherent risks. For instance, wolves can steal other users’ sheep and $WOOL, but if most of the assets are staked, the wolves will be less than useless. Also, if many players opt to sell their $WOOL, the value might tank. Therefore, remember to do your due diligence before stepping into the barn.
All investment/financial opinions expressed by NFTevening.com are not recommendations.
This article is educational material.
As always, make your own research prior to making any kind of investment.
