The primary purpose of playing online games is to bring entertainment. It’s an enjoyable way to pass the time and even bond with your friends who are away from you.
Playing online games also enhances your problem-solving skills, makes you more perceptive and alert, improves your intuitive abilities, and even hones your leadership capabilities.
Out of all the benefits that playing online games delivers, perhaps the most surprising of them all is that it can be a source of income. That’s why a growing number of people are now looking into ways how to monetize their gaming habits. One popular way is to find online pokies that payout, giving players the opportunity to earn real money while enjoying their favorite games.”
Looking to make money through online games as well? Here are a few ideas on how you can do so.
One of the most straightforward ways to make money from online games is through play-to-earn (P2E) gaming. Also known as blockchain games, P2E is a concept that gives players opportunities to earn in-game assets that they can exchange for real-world money.
These assets come in various forms and use blockchain technologies such as cryptocurrencies and non-fungible tokens (NFTs). Given this condition, you will need to create a crypto wallet for most play-to-earn games.
That means you’ll also have to learn how to manage bitcoin accounts or handle transactions involving NFTs and other forms of cryptocurrency.
If you’re hesitant to go the cryptocurrency route, you can opt for games that only require you to create or connect a digital wallet like PayPal. This gives you the freedom to choose which withdrawal and payment method you want.
However, make sure to be cautious of the P2E games you want to get into. Some of them pose as innocent programs only to be discovered as tools to scam or gather your private information. Make sure that you do your research and only play games that have been proven to be legitimate.
Sell Gaming Accounts and Virtual Items
Another way for you to earn from online gaming is by selling accounts and virtual items. Many online games either require you to create an account or give you the option to do so to save your progress.
The more you play the game, the higher your gaming account level and the greater your in-game inventory will be — both of which are incredibly enticing to many players to the point that they are willing to pay good money for them.
The monetary value of high-level game accounts and virtual items, especially rare ones, comes from the benefits they give to players. For instance, having a gaming profile with a high ranking saves players the effort of playing for hours and hours just to enter high Elo lobbies or get into exciting levels.
The same idea is applied to buying virtual items; they no longer have to play the entire game to get these objects — thereby saving them time and energy. So, instead of deleting your high-level accounts or giving away your prized loot, consider selling them to interested players.
Keep in mind that some online games have strict rules about selling and buying players’ accounts. It can lead to the profile getting suspended or banned. Make sure that you do more research on this to determine which games allow for such transactions and which ones don’t.
Start a Livestreaming Channel
Livestreaming games is not an entirely new concept, given that this form of content creation has been around for more than a decade. However, it gained traction at the height of the COVID-19 pandemic when people looked for new ways to entertain themselves or make a living while in isolation.
This sudden boom launched the streaming industry to new heights and is expected to reach a valuation of $7.2 billion by 2032. Livestreaming has since become a new way to earn money while enjoying your favorite online games.
There are a few ways to get income from streaming:
- Viewer donations
- Paid subscriptions or memberships to your streaming channel
- Brand and sponsorship deals
- Running short advertisements during your streams
- Selling merchandise
Ensuring your success in this industry requires one of two things: great gaming skills (to attract fellow players) and an entertaining persona (to pull in casual viewers). Having both of these attributes gives you an additional advantage since you can draw in both gamers and casual viewers.
Create a Gaming YouTube Channel
If you like the idea of content creation but are not ready for the pressure of livestreaming, perhaps creating gaming content for YouTube might be the right opportunity for you.
This niche allows you to post virtually any gaming-related content — whether it’s your Valorant gameplay, your opinion of the best esports games to try, a walkthrough for Left 4 Dead, or even a guide for playing blackjack. It’s free real estate as long as you abide by the platform’s community guidelines.
A great advantage of video content creation is that it gives you full authority over what the content should be and how it will be shown. It even allows you to cut out mistakes that would otherwise earn ire or scrutiny from the audience.
The best part of this is that it can serve as a passive income. That’s because you can still get revenue from your videos and ad plays as long as someone watches your YouTube content.
Earning extra income is a great motivation why you should play online games, and the list above provides you with excellent examples to do so. From P2E gaming and account selling to livestreaming and content creation, there are many ways in which you can make a living out of online games while still enjoying them.