Blockchain is not only about being a great decentralized platform for having serious business and money issues, it’s sometimes even about having some fun but, of course, beneficially. So, is it really possible to earn some money while playing a game? That’s exactly what we are going to reveal here!
What is crypto gaming?
Many years ago you played games just to have fun and relax, all those old but good games were called play-to-play ones, in the new century, we have something called play-to-earn games. What’s behind the concept itself? Just money you can get while having some fun — ether you sell in-game items or complete another task or level. The algorithms are just a piece of cake — you download a game, play it, overcome some tasks within the game, mint your own in-game items, and gain rewards or NFTs. Most of the blockchain gaming platforms have their own tokens you can use for different purposes: from upgrading your in-game components (weapons, armors, shields, stuff like that) to the opportunity of swapping them to fiat money or traditional cryptocurrency, at least.
Top 5 gaming tokens
(at the moment of writing)
There is a great choice of in-game cryptos, but you need to check the following list out, as they are at the top at the moment of writing. To double-check the information, go to CoinMarketCap and find the best gaming tokens to consider as investments.
- Axie Infinity (AXS)
The network became extremely popular during the pandemic when people started looking for new sources of investing their money.
Getting involved could be pretty costly, though, as you need to have two wallets and an amount of Ethereum (ETH) to buy your first Axies. The platform charges a 4,25 % fee for buying and selling Axie NFTs, and for breeding the creatures within the game.
- The Sandbox (SAND)
It was created to facilitate transactions that are part of a game, such as buying equipment, customizing your avatar, playing the games, purchasing ASSETS, a token created by players who build user-generated content, and LANDS digital real estate represented by NFT, or staking to get more SAND tokens.
- Decentraland (MANA)
It’s a token that powers Decentraland’s world and aims to be used for buying virtual land and various in-world goods and services. It’s a standard ERC20 token you can buy and sell for fiat or digital currency. MANA empowers a gamer not only to buy in-game stuff but also to vote.
- Enjin Coin (ENJ)
The token was created to make it easier to manage NFTs for people and brands. Enjin has its own wallet where you can store and trade your items. It helps users connect to different games, use their items there, sell their digital items for ENJ, and trade coins outside the ecosystem.
- WAX (WAXP)
This is another purpose-built token with trading, staking, rewarding, and voting functions. The system has its own cloud wallet that claims to be extremely easy to use. Users also get Staking Rewards once they stake their tokens and then use them to vote. A user must vote every week to benefit from holding WAX tokens and get a reward.
Top 5 crypto games
Here’s number 1 among other blockchain-based games that allow you not only to play but even earn. The platform has its own token, and it’s an NFT - based game where you can trade your Axie pets and land where they live, as they are tokenized. It runs on Ethereum-based cryptocurrency AXS and SLP, they owe the most expensive collection of NFTs.
You need to buy at least three Axie monsters to start and battle with other creatures for getting experience points (EXP). You should raise, breed, and sell your Axie creature if you want, but the price depends on its uniqueness.
Axie Infinity created the whole ecosystem that grows day by day, promising users a beneficial gaming experience.
The game wants you to create 3D worlds using special built-in tools, create NFTs, and earn SAND tokens for buying LAND, the platform’s digital real estate and equipment. The game is getting more and more popular, especially after Snoop Dogg and Deadmau5 bought some virtual estate there. The game runs on an Ethereum-based blockchain and is tied to the Metaverse.
The platform includes three integrated products — Voxel Editor, Marketplace, and Game Maker. The first one is for editing 3D models and NFT creating, where you can make a human, an animal, tools, and anything you need to play. You can sell your in-game items as NFTs in the Sandbox’s Marketplace. The second is for you to upload and sell your NFTs. The last one is for building fantastic 3D games using tools that simplify the whole process and give the green light to your imagination.
If you are seeking classics and are a devoted fan of Minecraft, there is good news for you. One of the most popular gaming cryptos, Enjin could be earned while playing Minecraft tanks to Enjincraft, the official mod plugin for the game.
It seems Minecraft is ideally crafted for a blockchain, as it has craft
mechanics, a system with resources, and team cooperation.
Enjincraft plugin allows Minecraft’s users to use the Enjin ecosystem and be rewarded with ENJ or trade with each other.
It’s a decentralized game based on the Ethereum blockchain, and it’s a virtual reality (VR) game. You get some LAND, which is an NFT that you can use in different ways — buy, build and sell digital real estate, artworks, NFTs, digital tourism, etc. You can purchase LAND with Decentraland’s native token called MANA.
Create worlds, mint items, do tasks, get rewarded with NFTs, and collect them for selling now or in the future. The game is super simple to follow, and everything you need is just to get a wallet and sign up to start earning cryptos.
That’s an exciting game where you are in the future ruined by pandemic, governed by Bitcoin miners, the population is looking for new resources to survive. The mechanism is relatively easy — just choose a location to mine NFTs. By the way, you can start mining for free. Another point to consider is that WAX blockchain runs on Proof-of-Stake (PoS) system that means that you don’t pay any fees for transactions within the game.
They say play-to-earn is our future, and it feels right. People are looking for new ways to earn money and save time, even when they play and are supposed to have fun. Almost everything is monetized nowadays, and crypto gaming isn’t an exception.
These new gaming platforms and ecosystems create a space to grow and develop for those who want to get profit by dealing with business online and keeping up with the times and modern technology.