5 Best Play-to-Earn Cryptocurrencies To Buy For Long-Term Returns August 2022

Last Updated August 17th 2022
6 Min Read

Invest in the best Play-to-earn these tokens and generate good returns over the long run. 

Blockchain-based games or Play-to-earn (P2E) games have become a significant part of all the metaverse. The idea of earning currency that possesses real-world value along with having fun is alluring for several investors. If you are looking for cryptos that help you secure a wealthy fortune, here are the 5 best play-to-earn cryptocurrencies to buy for long-term returns in August 2022. 

 

Tamadoge (TAMA)

TAMA has become one of the best play-to-earn gaming cryptos to buy for long-term returns in 2022. 

Tamadoge has become one of the most popular upcoming NFT projects aiming to bridge the gap by blending meme coin, play-to-earn, NFT, and metaverse concepts. Unlike DOGE, Tamadoge has more long-term relevance and growth potential than any of its predecessors.

Tamadoge is an innovative decentralized project with exciting web 3.0 functions on gaming platforms. Its native play-to-earn token, TAMA, is a good buy for long-term returns in August as the play-to-earn opportunities will expand to incorporate augmented reality experiences shortly. The success of the platform will eventually lead to a higher demand for the token, pushing its price higher. The team has always been active in implementing new coalitions to secure its long-term future. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Decentraland (MANA)

Decentraland is the largest play-to-earn token that seems to be a good buy now for future returns. 

Decentraland offers a unique infrastructure to support a shared virtual world, where users can seamlessly create, experience, and monetize content and applications. MANA was also trapped in the prolonged bear market the market experienced since November. But soon, the token started to gain more attention, and its price rose by February 2022 when JP Morgan opened a lounge in Decentraland and became the first lender to arrive in the metaverse. It also hosted Metaverse fashion week in March, the world’s biggest digital fashion show, garnering the attention of numerous investors.

MANA is a strong pick for long-term returns as it essentially deviated from mere finance gaming and positioned itself as an important part of the crypto scene. Considering its utilities and bullish outlook Decentraland could be a worthy addition to the list of the 5 best play-to-earn cryptos to buy for long-term returns in August 2022. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Axie Infinity (AXS)

Axie Infinity has the potential to create long-term value with all the ongoing developments in its network. 

Axie infinity has entirely disrupted the online gaming industry for good. It is a trade-and-battle play-to-earn game based on “Axies” or Ethereum-minted NFTs that players. By creating an innovative and immersive virtual platform that offers values in the form of entertainment and investment opportunities, AXS positioned itself as one of the best play-to-earn cryptos in the market. 

Axie Infinity boasts over 2.7 million daily active users. The network managed to hold on to almost 800,000 daily players, even amidst the 2022 bear market. The game has become highly lucrative and popular across seas, fueling a digital economy based on crypto assets even in the Philippines and Vietnam.

Experts believe in the long-term potential of AXS and predict that the price could reach over $55 in a year, making this the right time to buy the token when it's trading at $17.83. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

The Sandbox (SAND)

The Sandbox is one of the best 3D virtual reality crypto games with a unique gameplay concept.

The Sandbox has gained huge attention thanks to its unique combination of creativity, strategy, and survival skills, which encourages players to participate on the platform actively. The proposed goal of this unique play-to-earn crypto is to lower the barrier of entry to the metaverse industry, even for non-tech savvy players. 

SAND could be the best play-to-earn crypto to buy for long-term returns in August 2022, as brands and celebrities like Adidas and Snoop Dogg have already started creating assets on the platform. The partnership with World of Women NFT is another factor that added fuel to its popularity in the market. Increased adoption in the coming years would significantly push the price and value of SAND to new all-time highs. 

Thanks to its revolutionary technologies and the team’s eagerness to innovate consistently, SAND is one of the top P2E crypto projects with a high potential for long-term returns. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

STEPN (GMT)

STEPN is the first NFT project that creates the move-to-earn concept, making it a valuable addition to your watchlist. 

Innovation has always grabbed the attention of investors in the blockchain sphere. STEPN is such a unique project, described as a lifestyle app with social finance (socialFi) and play-to-earn (gameFi) elements. The mobile app allows users to earn in-game currencies by walking, jogging, or running. 

GMT, the utility token of the STEPN platform, soared to its all-time high of $4.11 on 28 April 2022 as the platform started onboarding more users and the hype ballooned. Although GMT was trapped in the crypto market whirlwinds, the price is recovering slowly now, with STEPN launching its decentralized exchange on Solana. DOOAR, the decentralized exchange, aims to introduce new revenue streams. 

Nevertheless, this unique move-to-earn crypto reminded investors that investing in new crypto projects could be their golden ticket to gaining long-term returns with relatively small capital. Moreover, predictions say that the GMT token has the potential to hit a price of $4.04 in the future if developments continue, making it a good and affordable buy now. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

The Bottomline

The gaming industry has moved on from pay-to-play and free-to-play and has advanced significantly to play-to-earn crypto games. If you are looking for innovative projects with high growth potential, these 5 best play-to-earn cryptos could be a good buy for long-term returns in 2022.

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