The gaming industry has seen a boom in play-to-earn cryptocurrency games over the past year. P2E games are now gaining a lot of attention and offer the opportunity to make a profit while gaming. Let’s look at the potential of this trend.
What is Play-to-Earn Crypto Gaming?
A play-to-earn cryptocurrency game’s core principle is easy to understand: players participate in the blockchain-based game in order to receive rewards in NFTs or crypto currencies. After that, players can make money selling NFTs in-game or by receiving cryptocurrency prizes. Both of these can be exchanged for fiat currency.
Play-to-earn games offer more chances to earn in-game assets, and increase the assets’ value. As more people join the game and create an in-game marketplace, the game’s value will increase.
A player must have the ability to plan and be talented in order to earn real money. It is obvious that users who are more skilled will have more assets than those with less talent. All players, no matter how good or poor, can have fun.
This article will cover some of the most popular Play-to-Earn titles on the market such as Axie Infinity and Plant vs. Undead. Chainplay has more information about these crypto games.
Axie Infinity
Axie infinity is one the most well-known Play-to-Earn games in the industry. It’s often featured in headlines because it gives monthly earnings in some the poorest countries in the world (e.g., Venezuela, the Philippines, etc.). ).
Three Axies are required to be purchased from the market. Axies lab eggs can also be purchased and hatched to become Axies. You can also breed eggs with Axies in order to make new Axies that are tradeable and profitable.
Plant vs. Undead
Plant VS Undead, a multiplayer tower defense video game, is about a world that has been hit by a meteorite and where undead animals are trying to kill the mother trees. The flora, however, has grown and is fully equipped to fight the enemies.
The native token is called PVU and is kept on BNB. Light Energy (LE), however, can be used interchangeably. As you play the game you will accumulate Light Energy. You can also buy PVU with real cash and trade it for LE.
Plant vs. Undead’s greatest advantage is that you don’t have to invest anything to participate. Every participant begins with some assets free of charge, such as mother trees or non-NFT plants.
The Sandbox
There are many ways to make money in the Sandbox. SAND is the metaverse money. You can earn it by becoming an artist or game developer, landowner, or landowner.
VoxEdit allows artists to create valuable elements. The Sandbox doesn’t allow anyone to send NFTs on its marketplace. You must submit a portfolio for the fund’s creators to increase your chance of being selected.
You can also make money in the Sandbox by buying land to rent out or build activities (ex. games). The game designer doesn’t need to know any programming skills in order to create games. The Sandbox suggests that you might charge a small fee to provide additional gaming experience for other gamers.
SAND, a token of governance, allows you to negotiate and can be purchased/sold on major exchanges.
Pegaxy
Pegaxy, a game that is based on horse racing, allows players to make money while they play. You can hire or buy a pega to race for prizes in VIS, their in game money. Your assets and you cannot influence the race.
As the owner of Pega, your job is to confirm the track aspects, pick certain Pega and select the appropriate gear. The race is completely random and does not require any human intervention, unlike traditional games.
Decentraland
Decentraland is a top-ranked gold mine metaverse. You will have a lot to make with it. A metaverse cliche is the first way to make money: buy land, and when its real estate value rises, you can either sell it or lend it out, just as in real life. A second, more difficult approach is to create events or games and charge gamers.
The Sandbox also offers a free tool that can be used to create experiences. Publishing, however, requires the purchase of a plot with MANA, the local symbol.
Blankos Block Party
Blankos Block Party is about having fun playing with small, toy-like blankos. This crypto game’s main earning activity involves collecting blankos and upgrading their levels. Then, you can sell them to earn in-game currency.
To determine its value, the key index is the feature and rarity a blanko has. The lowest priced blankos are available for $10 while the most expensive ones cost $5 million. In order to win prizes in future releases, you’ll be creating groups that other players can join. As an additional earning opportunity, this game is currently in beta.
Thetan Arena
Thetan Arena is free to use. You can play game . Three characters will be provided to you as freebies that will allow you to participate in the game. You’ll also receive the in-game cryptocurrency, Thetan Coin (THC). These characters are required to unlock the higher level characters. They can also be bought directly from the market.
The main deal is the game’s principal characters. These characters can be developed, exchanged for NFTs and can participate in special events. THG (Thetan Gems) are used to power the game’s economy. They serve as a utility token and token of governance. Another way to earn on this platform is to stake THG for rewards.
Conclusion
It wouldn’t be wrong to suggest that playing crypto games to earn money could become the next big thing in the gaming industry. What’s more, you can have fun while making a decent living. You should avoid games that require deposits in the early stages of cryptocurrency transactions.
