Scholarships are revenue-sharing programs that allow players to borrow or rent NFTs, so they can play the game without having to spend any money. Any resulting in-game rewards are shared between the player and the owner of the NFT. Some scholarship programs provide additional benefits such as training and mentorship to help players improve their skills, in-house tournaments, and upgrade incentives.

A guild is a community of players who regularly play together and collaborate for mutual benefit.

PlayersGuild is a gaming guild that coordinates players around the world to earn crypto-based rewards in play-to-earn games. It also invests in NFTs, such as in-game assets and virtual land, and makes them available for guild members to borrow and earn income through play-to-earn.

An NFT is a unique, immutable, and verifiable representation of a physical or digital item on a blockchain. This technology allows important concepts of physical ownership, such as provenance and authentication, to be transferred digitally. In video games, NFTs also open up the potential for in-game assets to be interoperable with a range of different games and platforms.

In NFT games, in-game assets are wholly owned by the players—not the game’s developer. These gaming-based NFTs may include characters, plots of virtual land, weapons, and so on. They can be used inside blockchain games to earn yield in the form of tokens or other rewards, which can be used in-game or traded on an open market for other cryptocurrencies or fiat money.