This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is NFT Worlds?

NFT Worlds (WRLD) is a play-to-earn gaming platform built on blockchain technology, allowing users to buy and create virtual worlds inspired by Minecraft. The platform uses the Ethereum blockchain and Polygon for faster transactions. Each world is a unique NFT with its own attributes, and users can earn the native WRLD token by participating in gameplay and selling items. The token can be used for in-game transactions and accessing exclusive experiences.

How is NFT Worlds used?

NFT Worlds (WRLD) is the native cryptocurrency of the NFT Worlds platform, a play-to-earn gaming metaverse built on Minecraft. The WRLD token serves several purposes within the ecosystem:

  1. In-Game Currency: WRLD tokens are the primary medium of exchange within NFT Worlds. They are used to access various content, rewards, and competitions created by world owners. Players need WRLD tokens to participate in these experiences.

  2. Play-to-Earn: Players can earn WRLD tokens by engaging in games and activities within the platform. World owners incentivize players by offering competitions, free-to-play games, and other rewards that can be redeemed for WRLD tokens.

  3. Player-to-Player Transactions: WRLD tokens can be used for transactions between players, facilitating the exchange of digital assets and services within the metaverse.

  1. Future Uses: The WRLD token is integrated into future use cases for the platform, benefiting the community and ecosystem. This includes promotional activities and competitions run by the NFT Worlds team.

In summary, the WRLD token is the central currency that drives the economy and interactions within the NFT Worlds platform, enabling players to access content, earn rewards, and engage in transactions.

How do I store NFT Worlds?

To store NFT Worlds (WRLD) tokens, you can use a combination of hardware and software wallets. Here are the steps:

  1. Hardware Wallet:

    • Purchase a cold storage hardware wallet, which is offline and not connected to the internet. This provides robust security against online threats.
    • Transfer your WRLD tokens to the hardware wallet for long-term storage.
  2. Software Wallet:

    • Set up a software wallet, which is a digital wallet or online platform. This is more convenient for active trading but less secure than hardware wallets.
    • Choose a reputable and secure software wallet that supports WRLD tokens. Ensure it has robust security features and a user-friendly interface.
  3. Interplanetary File System (IPFS):

  • Consider using IPFS, a decentralized protocol that spreads data across a computer network. This safeguards your NFT’s value and existence even if the platform where you bought or stored your NFTs shuts down.
  1. Security Tips:
    • Use strong passwords and enable multi-signature authentication.
    • Back up your wallet and keep your private keys safe.
    • Diversify your storage and keep firmware updated.
    • Avoid using public Wi-Fi and stay informed about scams.

By following these steps, you can securely store your NFT Worlds (WRLD) tokens.

How to buy NFT Worlds?

To buy NFT Worlds (WRLD) tokens, you can follow these steps:

  1. Choose a Centralized Exchange (CEX): Select a reliable and trustworthy crypto exchange that supports NFT Worlds (WRLD) purchases. Consider the ease of use, fee structure, and supported payment methods when choosing a crypto exchange.

  2. Create an Account: Enter the required information and set a secure password. Enable 2FA using Google Authenticator and other security settings to add an extra layer of security to your account.

  3. Verify Your Identity: Complete KYC verification, which may require information based on your nationality and region. This step is necessary to access more features and services on the platform.

  1. Add a Payment Method: Follow the instructions provided by the exchange to add a credit/debit card, bank account, or other supported payment method.

  2. Buy NFT Worlds (WRLD): You can now buy NFT Worlds (WRLD) using fiat currency if supported. Alternatively, you can do a crypto-to-crypto exchange by first purchasing a popular cryptocurrency like USDT and then exchanging it for NFT Worlds (WRLD).

Alternatively, you can use a decentralized exchange (DEX) like Uniswap, which supports buying and trading thousands of crypto trading pairs. To interact with a DEX, you will need to connect using a compatible wallet like MetaMask.

For a more detailed guide, you can refer to the step-by-step instructions provided by Binance, which includes setting up a Trust Wallet, buying ETH, and trading it for NFT Worlds (WRLD) on a DEX.

Discover
NFT Worlds
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

History of NFT Worlds

Discover
NFT Worlds
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

How NFT Worlds works

Discover
NFT Worlds
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

NFT Worlds's strengths

NFT Worlds's risks

Discover
NFT Worlds
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Did NFT Worlds raise funds?

Discover
NFT Worlds
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

NFT Worlds’s team

Whalee AI

The fundamental analysis assistant for crypto value investors.

Latest news

Want an analysis of this token? Tell us on Discord