how to buy nfts in crypto games |

How to Buy and Sell NFTS in Crypto Games

How to buy NFTs in crypto games: Setup a wallet on MetaMask Fund your MetaMask Wallet with cryptocurrency Fund your...

By | 05/15/2022 9:01AM

How to Buy and Sell NFTS in Crypto Games

How to buy NFTs in crypto games:

  1. Setup a wallet on MetaMask
  2. Fund your MetaMask Wallet with cryptocurrency
  3. Fund your MetaMask Wallet with native tokens
  4. Register for NFT Sales
  5. Purchase the NFTs using native tokens

Non-fungible tokens (NFTs) are exploding in popularity — and NFT crypto games are taking them to the next level.

Gone are the days when players buy character equipment and decals that add no real value to their gaming experience and virtually create money sinkholes. Now, players could actually own valuable in-game items through NFTS, all with the help of the blockchain.

Want to know how to get in on this action? Here’s how to buy NFTs in crypto games:

Why Should I Invest In In-Game NFTs?

The simple answer is that it gives you a chance to make money. It’s another way that GameFi incorporates financial models into their model, allowing their players to recoup their investment. As the game and their NFTs popularity rise, the economic potential could rise too.

Players not only have personal ownership of their NFT in-game items but also have the option of using them to generate rewards (typically in the form of cryptocurrency). This can be done by trading items on the marketplace or using them to progress through trials and levels.

That said, not all crypto games have the same systems for their NFTs. For this guide, we will be using Imperium Empires’ system as an example.

What Is Imperium Empires?

Building on the Avalanche Blockchain, Imperium Empires is the world’s first AAA GameFi 2.0 space metaverse, built by an accomplished team of experts — key players from groups like Animoca Brands, Uber, and Tencent. This crypto game integrates an innovative concept of “DeFi 2.0” into its economy and NFT drops, embedding deflationary tokenomics deeply in its game design.

Funded by the Avalanche Foundation and top-tier venture capitalists like Three Arrows Capital, Imperium Empires starts a new era of GameFi 2.0 — and the best part is, it’s still in development! So it’s the perfect time to invest in the growing hype, and take part in their upcoming NFT sales.

To help you get started, here’s how to set up and register your account:

Setup A Wallet On MetaMask

First, you need a crypto wallet.

  1. Go to MetaMask’s official site, and install MetaMask as a browser extension (compatible with Chrome, Brave, Firefox, and Edge browsers).
  2. Then, log into or create your MetaMask account.
  3. After logging in, click the “Networks” button at the top of the menu.
  4. Select the “Add Network” option.
  5. Fill in the Avalanche Network information below, and click “Save.”
    • Network Name: Avalanche Network
    • New RPC URL: https://api.avax.network/ext/bc/C/rpc
      Chain ID: 43114
    • Currency Symbol: AVAX
    • Block Explorer URL: https://snowtrace.io/

Doing this will give you a MetaMask wallet that can use the Avalanche C-Chain Network.

Fund Your MetaMask Wallet With Cryptocurrency

Fund Your MetaMask Wallet With Cryptocurrency

To use your MetaMask wallet for transactions on Avalanche’s C-Chain, you need to fund your wallet with AVAX. This is because you need at least 0.1 of AVAX to pay for transaction fees (a.k.a. gas prices).

To participate in Imperium Empires’ NFT sales in the future, you may need to fund more AVAX to fund multiple transactions, and swap into our native token IME (more on that later).

You can fund your MetaMask wallet in two ways:
Withdraw AVAX from a coin exchange (CEX)

  1. You can do this on multiple exchanges, such as Coinbase, Binance, FTX, Gate.io, and more.
  2. Purchase some AVAX on your preferred exchange, and withdraw them to your MetaMask wallet address. You can copy your address by clicking it on the MetaMask menu.
  3. Always double check if you’re moving your AVAX to the right wallet address — make sure it’s the Avalanche C-Chain address and not the X-Chain. Otherwise, you may accidentally lose your transferred AVAX.

Bridge ETH or USDC (or similar tokens) from the Ethereum Mainnet.

Note that this method is only usable if you already have existing funds on MetaMask on the Ethereum Mainnet.

  1. Go to this site.
  2. Log in and connect your MetaMask wallet.
  3. Select your preferred coin on Ethereum Mainnet
  4. Select “Transfer.”

Fund Your MetaMask Wallet With Native Tokens

To participate in any crypto game NFT sale, you’ll have to have their native tokens in your MetaMask wallet. For Imperium Empires, our token is called “IME,” which you would have to have ready in your Avalanche C-Chain Wallet.

There are two ways to get IME.

Swap on Trader Joe, a decentralized crypto exchange (DEX)

  1. Go to the Trading page of Trader Joe, and connect your MetaMask wallet.
  2. Search IME on the Trading page, or go directly to it by pasting our token address: 0xF891214fdcF9cDaa5fdC42369eE4F27F226AdaD6.
  3. Once you have selected our token, input how much you want to trade.
  4. Press “Swap,” and wait for a confirmation window to pop up.
  5. Check if your trading details are correct.
  6. Press “Confirm Swap” to proceed with the transaction.
  7. A popup will then appear on your MetaMask asking for confirmation to Swap. Your estimated gas fees will also be included. Press “Confirm” to proceed.
  8. The transaction will be sent to the Avalanche C-Chain Blockchain and will be irreversible.
  9. Once the transaction is complete, you will see a “Transaction Submitted” pop-up, and your trade should be completed.
  10. See this guide for any questions you may have.

CEX: Buy on Bybit, MEXC, or Binance

IME is listed on several exchanges. If you already have accounts on them, you can directly buy our native token and then withdraw it to your Avalanche C-Chain wallet on MetaMask.

  1. Login to your CEX account (Bybit, MEXC, or Binance).
  2. Go to IME/USDT trading pair page to buy IME.
  3. After buying the desired amount, go to your wallet. There should be an “Asset” or “Withdraw” option on this page.
  4. Select your IME and proceed with the withdrawing process.
  5. Select Avalanche C-Chain and input your MetaMask C-Chain wallet address.
  6. Enter how much IME you want to transfer, and press “Submit.”
  7. Always check if you’re entering your Avalanche C-Chain address, otherwise, you may lose your IME.

Register For NFT Sales

Register For NFT Sales
Freelance creative designers working on desk using digital graphic tablet and drawing with pen in modern home office.

Once you have your funds, you can register for an NFT Sale.

  1. Go to our NFT Sale Website — this was for the Imperium Empires’ Genesis NFT Sale
  2. Press “Login” at the top right corner.
  3. Press “Create an account” on the login page.
  4. Setup your Email and Password. If you have a Referral Code, you can input it here.
  5. After filling out and submitting your form, a confirmation email will be sent to your given email address.
  6. After confirming your account and logging in for the first time, you can connect your Avalanche C-Chain MetaMask wallet.
  7. Bind the wallet with your account.

Make sure the connected wallet is the one you want to use for our Genesis NFT Sale. Once you connect your wallet to the account, It cannot be changed. Once your Avalanche C-Chain wallet is connected to an existing account, it cannot be connected to another account.

Purchase The NFTs Using Native Tokens

  1. Go to the “Minting” tab on the top-right corner of our website.
  2. Select the NFTs you want to purchase.
  3. You can check the details of the ship NFT, including stats, supply, skills, price, and more before purchasing.
  4. At the bottom right corner of the page, input the amount of the selected NFT you want to purchase.
  5. Press “Buy.” Note that there is a maximum purchase limit for each of our NFTs.
  6. A MetaMask pop-up will appear asking for confirmation. This will show the transaction amount, including estimated gas fees.
  7. Press “Confirm” to proceed with the transaction.
  8. The transaction will be sent to the Avalanche C-Chain to process, which is irreversible.
  9. After the transaction is confirmed on the C-Chain, go to your Inventory page.
  10. Your purchased NFTs should show up. You can also check the unique stats and skills that have been assigned to your NFTs.

Our initial sales were first come, first served — no whitelist or KYC required. However, our upcoming sales follow a different arrangement to make the buying process smoother for our players. Read more about it here.

Depending on protocol traffic, your transaction may take a while to process. If you have received confirmation, and your purchased spaceships do not show up on your inventory page within 1 hour, contact our community managers with your transaction ID.

What NFTs Can I Buy In Imperium Empires?

Imperium Empires plans on offering many kinds of NFTs to players, including spaceships, land, characters, and stargates, among others. At the time of writing this article, we have completed our first spaceship NFT sale — the Genesis NFT Sale — and are planning on offering more batches in the coming weeks.

Our NFT spaceships are the prime asset within our game’s metaverse — each ship model is made for a specific team function and type of mission, and thus offers different stats, strengths, and capabilities. Players can customize their NFT spaceships with various components, such as weapon rigs, cloaking tech, and mining lasers to increase their chances of success for specific missions.

Our Genesis NFT Sales consisted of two batches, which included four spaceship models: the Galaxy Scootie, Strekzans, Augear, and Aurostar. Our NFTs can be traded on our official NFT marketplace, which is yet to launch (check our roadmap for more details).

Each of our NFT spaceships can have one unique skill, randomly assigned at the time of minting. One unique skill is the “Genesis Warp,” which is a limited-edition skill only available for the spaceship models in the Genesis NFT Sale.

While our Genesis NFT Sale has concluded, don’t worry — we’re still planning to release more models in the coming months. Be sure to follow our newsletter and official Twitter, and join our Discord and Telegram to stay updated!

Key Takeaway

Knowing how to buy NFTs in crypto games and where to use or sell them puts power into your hands — you will be able to use them to either generate rewards and gain new assets in-game or trade them for a profit.