Play-to-earn crypto games have gained immense popularity over the past several years for various reasons. People enjoy playing online games, and you can earn money by doing so is quite appealing to most. Although learning to play one of these games may be difficult, it is worthwhile to make an effort. You will find that most of them are incredibly engaging for players and could be extremely lucrative. The players may be rewarded with cash or non-fungible tokens, or they could trade tokens with one another. In addition, many businessmen can earn smart revenue from this opportunity by creating their own gaming platform with the assistance of the Play To Earn Platform development company.
What Are Cryptocurrency Play to Earn Games?
These unusual games have native tokens supporting game economies. You can purchase, sell, trade, and play with this in-game currency. However, some games are premium and require an upfront fee, while others can be played for free.
Notably, most of these games are in their early stages of development, especially compared to the graphics of normally top-tier PlayStation and Xbox products. Therefore, you are a few years premature in anticipation of a visually appealing crypto game. However, if you focus on economics, the rewards may be sufficient to keep you hooked.
How to Verify a Play-to-Earn Game
This is a brand-new era. Therefore, bad projects are attempting to steal, and it is essential to verify their credibility before investing. Tokenomics should be examined first. What is the total supply of tokens, the release schedule, the incentive to hold or stake, additional use cases, etc.?An infinite token supply may not be desirable, to begin with. Moreover, staking and holding must be profitable for individuals to remain involved.
However, there is no set formula to predict the future of a game. But avoid making large first investments, and never risk more than you can afford to lose. Cryptocurrency is one of the riskiest investments ever seen. Therefore, conduct a thorough background investigation if the stakes are big enough.
Which Are The Greatest Games For Earning Cryptocurrency?
The most profitable crypto games are those that meet all of your requirements. For most of them, playing is about more than just having fun. They require the player to be inventive, committed to the task, or willing to design new models and avatars. If you begin playing one of these games, you may be attracted by the games’ simplicity and realism and the variety of possibilities they provide.
1. Axie Infinity
2. The Sandbox
5. Blankos Block Party
6. Thetan Arena
As with any other situation, you must be prepared for various options and circumstances when playing crypto games. While some are popular, using the most appealing aspects and classic games as a foundation, the others are pay-to-play and worthy of your time and effort.
1. Axie Infinity
Axie Infinity is the most popular P2E cryptocurrency game, as it continually makes headlines for generating household income in some weaker nations (read the Philippines, Venezuela, etc.). The game requires three Axies (in-game creatures), which can be purchased via the game’s market. Alternatively, you can purchase Axies eggs from the Axies laboratory and wait for them to hatch. Additionally, you can breed Axies eggs to make baby Axies and sell them on the market.
These NFT Axies are intended to battle other Axies in the trio to acquire the native token, Axie Infinity Shards (AXS). This is the governance token, which is also redeemable for cash. Additionally, they can be staked to gain crypto staking incentives.
SLP (Smooth Love Potions) is an additional in-game ERC-20 token used for breeding Axies. Similar to AXS, SLP can be exchanged for fiat currency on reputable crypto exchanges. The game also mentions the future implementation of a no-upfront-investment paradigm with restricted income possibilities.
2. The Sandbox
There are various methods to gain in the Sandbox. Artists, game developers, and landowners can earn SAND, its metaverse coin.
Using the platform’s VoxEdit tool, an artist can produce valuable assets. However, not everyone is permitted to post NFTs to The Sandbox’s marketplace. You must submit a portfolio with your application to the fund’s creators to increase your chances of being chosen.
You can also earn in the Sandbox by purchasing land for rent or creating experiences (ex., games). The game designer does not require coding abilities to create games. According to The Sandbox, you can charge other gamers a price for that experience. This is immediately quite ambitious. Because metaverses are akin to games, you will theoretically charge people to play a game within a game.
Buying land in the metaverse and selling it at advantageous times or renting it out is a more sustainable approach to gaining money. This metaverse requires a real-world viewpoint to make (or lose) money. SAND is a governance token supporting staking and tradable on major exchange systems.
Pegaxy is a horse racing game with a play-to-earn feature. You purchase or hire a pega to race, with the best three finishers receiving incentives in the game’s virtual currency, VIS. However, you currently have little influence on the actual racing.
As a Pega owner, your responsibilities are limited to confirming the track aspects, picking specific Pega, and selecting suitable equipment. In contrast to normal games, there is no human intervention in racing. Pegas are available for purchase at the Pegaxy marketplace using USDT.
Moreover, Pegas is created by breeding. By their bloodlines, these offspring are prepared to breed or compete at the specified age. Additionally, you can combine two Pegas into a single Pegas to win greater VIS awards. Nonetheless, breeding and fusion cost VIS and PGX (governance token). Pegas are utilized for racing, sale, and rental income. In addition, improved gaming controls that will make the race skill-based are in the works.
Decentraland is a leading metaverse that provides its users with considerable income opportunities. The initial method of earning in every metaverse is to purchase land. After significant appreciation, the asset might be lent out or sold.
The alternative, which is more intriguing and difficult, is to create events or games and charge the audience. Many entrepreneurs also reap the same benefits By developing Decentraland Clone to earn money by charging commissions from their users. Similar to Sandbox, there is a free-to-use internal tool for creating experiences. However, there is a catch: the publishing requires a plot of land, which must be purchased using MANA, its native token.
The third way to earn money is to provide your services to a landowner, just as we do in this mortal world. Decentraland is a computer-generated simulation of the actual world with comparable employment and income options.
5. Blankos Block Party
Blankos Block Party is a celebration involving the small, toy-like blankos. In this play-to-earn cryptocurrency game, collecting blankos, leveling up, and selling them for a profit are the key ways to earn money. The value of a blanko is determined by its features and rarity. The least expensive is available for as little as $10, while the most expensive is priced at $5 million.
However, it is typical for most blankos to cost thousands of dollars.
You will also construct parties for other players to get rewards in future releases. Even though this game is still in beta, it features daily quests as an additional earning potential.
6. Thetan Arena
Thetan Arena is a free, play-to-earn cryptocurrency game. You receive three complimentary characters to advance in the game and acquire the native currency, Thetan Coin (THC). These are required to unlock the advanced characters, which can also be purchased directly from the market. Advanced characters are the game’s true stars. These evolve, can be sold as non-fungible tokens, and can participate in special events.
THG (Thetan Gem) is a utility and governance token that supports the economics of the game. In addition, the THG token can be staked to earn staking incentives. The game also supports renting premium heroes and exchanging awards as additional active means of earning through gameplay.
It would not be incorrect to suggest that play-to-earn crypto games are the next big thing in the gaming industry. And it’s much better to earn a substantial sum while having fun. However, you should be wary of games that need early investments due to the volatility of cryptocurrencies.
Aside from that, we have numerous articles for gamers. For instance, there are games for relieving stress, survival and adventure series for the Nintendo Switch, and free games on the Epic game shop.