Play-to-earn crypto games use blockchain technology and allow players to generate crypto rewards for their skill and effort. They allow players to enjoy them in terms of gameplay, such as conducting battles, breeding their in-game characters, completing quests, or other tasks.
This article features the top 5 play-to-earn crypto tokens that might rise in the future.
The Sandbox
The Sandbox is a blockchain-based game that lets users build, craft, and survive in its blocky metaverse. Users can buy SAND in-game currency tokens to build a house or a castle or to go on quests to earn more tokens.
An artist can create useful assets with the platform’s tool VoxEdit. However, The Sandbox doesn’t allow just about everyone to upload NFTs on its marketplace. You need to apply to its creators’ fund with a portfolio to boost your chances of selection.
Another way to earn in the Sandbox is to purchase land to rent or create experiences (e.g., games). The game maker needs no coding skills to design games. Afterward, as per The Sandbox, you can levy a fee for that experience that other players will pay.
SAND is a governance token supporting staking and can be purchased/sold on many exchanges. Investing in SAND now could be wise as it is one of the 5 play-to-earn crypto tokens that might rise in the future.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Decentraland
Decentraland (MANA) calls itself a virtual reality platform powered by the Ethereum network allowing users to create experiences and monetize the applications and contents. It was launched in 2017 with a $24 million initial coin offering (ICO).
Over time users have created various experiences on the parcels of LAND available. The experiences range from interactive games, virtual interactions and sprawling 3D scenes. The network has two play-to-earn crypto tokens, LAND and MANA.
Decentraland also uses a decentralized autonomous organization (DAO) for governance decisions. The MANA coin holders control the way the Decentraland world works. The MANA coin gives governance rights to the holders, from voting on policy updates to deciding the types of content allowed within the metaverse and specifics of LAND auctions. In addition, users often generate income by selling and creating items on the Decentraland marketplace using MANA tokens.
For these reasons, MANA is one of the 5 play-to-earn crypto tokens that might rise in the future.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Gods Unchained
Gods Unchained is one of the gaming industry’s new forays into blockchain and cryptocurrency. It is a free-to-play online trading card game that relies on Ethereum and smart contracts. Gods Unchained features a couple of play-to earn-mechanics. The first comes from simply playing the game. With each Ranked match, players gain experience, which counts towards their account level. At every level up, players receive a Core card pack as a reward. Players also earn Flux while playing. Combine Duplicate Core cards with Flux and GODS token to craft a Meteorite level Core card, which can be sold to other players.
The second play-to-earn feature occurs on the weekends. Every weekend, Gods Unchained hosts an in-game tournament. Players earn prizes based on the number of matches they win from their first 25 games played. Rewards include packs from the Core Set and the latest expansion set. Also, Mythic level players who finish with one of the top 10 overall rankings receive additional prize packs at the end of the weekend.
Gods Unchained game and the GODS token have gained immense popularity over the last few months. The game is on many players’ radars, which is why this play-to-earn crypto token might rise in the future.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Axie Infinity
Axie Infinity is a digital pet universe and player-owned economy consisting of a breeding game, a battle game, and a land-based Clash of Clans-style game. It has gone viral on social media groups. However, the game’s consistent, unifying thread is the Axie, an NFT character that is used across games and can be traded on secondary marketplaces.
Axies are the digital creatures that roam the universe. They can breed and pass down their unique traits. Notably, each Axie can only breed up to seven times before they go sterile. This strategy ensures that there are never too many similar versions of these digital assets.
Players earn SLP tokens by winning battles in the Axie Infinity game, and they use a combination of SLP and the AXS governance token for breeding new Axies. Thanks to the team’s persistence, hard work, innovation, and unwavering commitment to their mission, Axie Infinity’s SLP is one of the 5 play-to-earn crypto tokens that might rise in the future.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Illuvium
Illuvium is an upcoming fantasy role-playing game developed on the Ethereum blockchain by a decentralized autonomous organization (DAO) called the Illuvium DAO. In the game, players are immersed in a 3D open world to explore and capture deity-like beasts called Illuvials. Players use the Illuvials they have gathered to battle other players to win ether (ETH).
ILV is the main governance token of the network. Token holders gain access to the network’s voting rights. Notably, ILV is an ERC20 token that lives on the Ethereum blockchain. It can be used for direct player-to-player transactions and for buying and selling Illuviuls. The success of ILV could translate into the adoption of play-to-earn blockchain-based mechanics across far more of the gaming landscape. This is why we recommend investing in this play-to-earn crypto token that might rise in the future.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Bottom Line
The cryptocurrency gaming industry is worth billions of dollars due to blockchain technology enabling genuine, real-world trading of non-fungible tokens (NFTs). We hope this list of the top 5 play-to-earn crypto tokens that might rise in the future helps you make an informed investment decision.
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