Top 5 Blockchain Games to Play in 2023 | SimpleHold
Aug 24, 202213 min read
The days when games were considered a waste of time have long since sunk into oblivion. Today, the gaming industry is regarded as one of the most profitable industries in the world. But if previously only companies that produced games received profit, then with the introduction of blockchain, the situation has changed dramatically. Now players can not only spend their hard-earned money to buy game novelties, additions to them, battle passes, and other products that improve the gaming experience, but also earn money from games without being an esports player of some top organization.
Additionaly, blockchain games, or rather NFT technology, offer players full ownership of in-game items. This concept has become extremely popular, which is why the market has been flooded with hundreds of game projects. Today’s article will help you determine which are worth your attention.
Top 5 Blockchain Games For 2023
Lucky Block (LBLOCK)
Lucky Block gained some sufficient popularity among those who's into gambling and betting. Lucky Block is a decentralized token for online lottery games based on blockchain technology. The Lucky Block platform revolutionize the approach to the lottery, as all players have equal chances of winning.
The project uses new technologies built on the Binance Smart Chain to deliver fairness and transparency of the lotto draw process. How? It’s built on blockchain, meaning all transactions are transparent and available in public ledgers. That ensures that every player is in the same position as others. The platform is scam-free, and all winners are chosen by chance.
Lucky Block offers more than 2,700 slot games combined with classic casino options like poker and blackjack. All the games within the platform are created by the most experienced game providers, such as Pragmatic and, Spribe, Evolution, including Money Train 3.
If you fancy betting on World Cup, you also have access to hundreds of domestic and international sports leagues, such as the Premier League, NFL, and NBA. Even badminton and Kabbadi are in the game. If you're into electronic games, the eSports section offers plenty of choices, including Counter-Strike and League of Legends.
This approach to lottery games has created a wide, strong community around itself that inspired the creation of a collection of custom NFTs. The LBLOCK token is rather new on the market. The lottery prize pool is $5.5 million, and the market capitalization is currently at $530 million.
Axie Infinity (AXS)
Axie Infinity is still on hype among Play2earn games, so it's played by thousands of users and with a massive volume of asset transactions within it. Players have the possibility to get prizes and rewards while playing. Being an essential part of the crypto world and the Metaverse, Axie Infinity has several tokenized assets in its ecosystem. First, Axie Infinity's (AXS) governance asset is tradable only on major online platforms.
The universe has a Pokémon Go vibe where players unlock, improve and customize their creatures called Axies in many different ways. You can also collect resources and items to upgrade your land plots to train your Axies even more efficiently. Land plots also can be upgraded over time using resources and crafting elements you gain by playing. In addition, landowners could find AXS tokens on their plots of land or use Axies found within their land to explore the map and obtain other resources.
Axie Infinity players can get assets and tokens based on missions and objectives completed. The two assets are:
- AXS token (Axie Infinity Shard) acts as a governance asset, allowing the owners to vote on new upgrades and changes.
- SLP (Smooth Love Potion) token intended in this case as a real game.
The Sandbox is a virtual reality where players build, own, and monetize their gaming experiences within the Ethereum blockchain using SAND, the platform's utility token.
The idea is to offer an immersive virtual world for players to collaborate and create virtual worlds and games without central authorities. It's a disruption for well-known game makers like Minecraft and Roblox as Sandbox wants to give creators actual ownership of their creations as non-fungible tokens (NFTs) and reward their participation with a utility token (SAND).
SAND is an ERC-20 utility token built on the Ethereum blockchain that serves as the basis for in-sandbox transactions such as:
- Access to the Platform: Players spend SAND to play games, customize their avatar characters, and buy equipment. Creators spend SAND to gain land and by pledge. Land sales motivate land purchasing by SAND. An artist spends SAND to Upload assets to the marketplace and buy gems to set rarity and scarcity.
- Governance: The token allows holders to participate in governance Platform decisions using the DAO structure.
- Staking: SAND brings passive income on lands: you get even more SAND by staking the SAND. It's the only way to obtain valuable gems and catalysts.
- Fee Capture Model: 5% of all transactions in SAND tokens are allocated 50% to the staking pool as a reward for token holders that stake SAND tokens and 50% to the "Foundation."
GALA is an ERC-20 token, but there's also the Binance Smart Chain BEP20. GALA is used to pay for NFTs on their marketplace and as payment for the Founders Node licenses. GALA could also be used as payment for transactions on the Gala sidechain.
But Gala Games is about creating high-quality gaming. That's not for everyone to roll out any game creator to launch their prototype games on Gala's platform. This Gala's idea is based on the belief in achieving longevity in the blockchain gaming space.
The Gala Games network consists of player-run "Founder's nodes," its native token GALA, and a series of blockchain games.
Within the Gala Games ecosystem, players can submit their proposals on games, which are voted on by the community to decide if they should be funded and developed.
GALA serves several functions:
- Vote on key decisions that have an impact on the Gala Games network
- Rewards for node operators
- In-game rewards for players
- Payment for NFTs and items in the Gala Shop
- P2P payments
In 2022, Gala Games launched its own AI-powered digital pet NFT collection called Fuzzles. These Fuzzles are ERC-721 NFTs native to Ethereum and have a limited supply of 9,997.
Aside from being nice, each Fuzzle reacts and adapts to human speech to develop its own personality.
Star Atlas (ATLAS)
Star Atlas is a virtual gaming universe built on Solana and grounded in the year 2620. Three main camps control the universe: the human MUD Territory, the alien ONI Region, and the robotic Ustur Sector. These factions are struggling for resources, political domination, and territorial conquest. The players choose which gang they want to be in and grow in power to become of its influential members to affect the outcome of this endless war.
ATLAS tokens are rewarded to players for exploring the galaxy with ATLAS tokens, which they can use to buy in-game items such as weapons, ships, land, and mining equipment. These items, which are non-fungible tokens (NFTs) by nature, are a key aspect of the game, allowing players to take ownership of their own strategies and choose their own adventures.
The Bottom Line
According to the report, game platforms and their related utility tokens were in higher demand in the 2022 bear market than some DeFi coins. As a result, crypto VC investment stayed high in crypto games and reached $12 billion by the end of the year.