In recent years, play-to-earn (P2E) games have gone mainstream, attracting a solid base of fans and investors alike. Blockchain gaming offers a chance to earn cash while doing the leisure activity you enjoy the most, so you can diversify your income-bringing activities in the most exciting way. Players are rewarded with cryptocurrency that can be cashed out for real-world currency, meaning you can make real money from your gaming exploits in the crypto space. The rules are clear, the authority is decentralized, and the rewards are lucrative. However, you need an initial investment to get started because not all P2E crypto games are free.
P2E Crypto Games: Are They Worth Your Time?
Cryptocurrency offers an opportunity to take advantage of the growth in the gaming industry. Most P2E games offer money that can be used to purchase in-game items, but some developers use cryptocurrency to reward players. For example, players in Axie Infinity earn AXS coins that can be traded for digital assets like Bitcoin (look online to check the Bitcoin price) or swapped for fiat money. Several other games offer crypto rewards, giving players coins after they complete levels that unlock every hour. The most obvious way to get involved in blockchain gaming is to invest time into playing and earning cryptocurrency.
A Few Best P2E Crypto Games
Nearly every NFT project that comes out these days has a P2E game allowing players to monetize their in-game achievements. You, too, can achieve your goal of attaining financial independence because P2E crypto games make it easier to earn passive income. Let’s take a look at some of the best games to invest in 2023.
After successfully raising $15 million in just a couple of weeks and breaking all presale records, the TamaDoge team has gone from strength to strength. It’s recently launched Super Doge, a desktop-optimized game that allows you to collect points towards a pool of Dogecoins. The more time and effort you put into the game, the more you’ll earn. Super Doge is much like Super Mario Bros, the only difference being that it’s powered by crypto. If you’d like to play the game, you must acquire the Tamadoge (TAMA) token. With time, the P2E opportunities will expand to include AR experiences, so you can play in the Tamaverse, which consists of pets in the form of mintable and tradable NFTs.
The Sandbox is a multiplayer metaverse game running on Ethereum where you can buy digital plots of land and create experiences on top of them. Simply put, you can purchase land and sell it at reasonable times (or rent it out). The game is complete with characters, events, buildings, art, and resources – it’s up to you to determine the interactions within the world. Besides the LAND token, the Sandbox has two critical enablers of the metaverse: SAND tokens and NFTs. You’ll be happy to know that you can exchange the LAND token for a different cryptocurrency at major exchange platforms, provided you have a MetaMask wallet.
Gala Games: Town Star
Gala Games is a P2E gaming platform that compensates players with digital assets for their achievements, proving an impetus to do more than simply complete the game. You can accomplish missions or use NFTs to earn TOWN coins; the top-ranked users are granted $GALA cryptocurrency that can be sold to free up cash when the time is right. The Gala platform serves as a medium of exchange, which means that token holders can pay for items and transfer funds from one person to another within the ecosystem. Town Star is a relaxing but strategic farming game, and many fans associate its complexity with depth.
Illuvium is one of the most renowned NFT open-world adventure games that employ a P2E mechanism. It was developed on the Ethereum blockchain by a DAO called the Illuvium DAO and offers next-level gameplay experiences to users with zero gas fees. In the game, you search for native creatures called Illuvials, each having cool/interesting superpowers and hybrid synergies – you can either collect them or use the Illuvials to battle other players. Since Illuvials are represented as NFTs on the blockchain, winning battles against other players brings Ether. You can level up your Illuvials to unlock their full power and create the perfect team.
Pegaxy, or the Pegasus Galaxy, is a racing game with mythological horses where points are only awarded for the top 3 places. Each race features randomized elemental variables, such as water, wind, speed, fire, and more, so you have minimal control over the game. Through renting and purchasing, you get hold of PEGA NFTs and coins, so you’re emotionally and financially invested in the game. The Pega’s performance is determined by speed, strength, lightning, wind, and fire; it’s available at the Pegaxy marketplace, where you can purchase with USD. If you’re among the first to finish the race, you’ll be rewarded money in the form of Vigorus (VIS). Remember, the amount of VIS awarded for races might fluctuate.
Even if individuals have been earning money from playing video games for some time now, the emergence of blockchain technology has revolutionized the field, eliminating chances of fraud, corruption, and hacks that were possible in traditional games. Anyone from anywhere can earn a living by doing what they like. Not only do P2E crypto games offer an incredible experience, but they also offer players the opportunity to interact with one another, so it doesn’t come as a surprise that more and more people are becoming active gamers. Figure out what games you’d like to play and create a crypto wallet.
At times, P2E crypto games can become expensive, so players aggregate in guilds, working together to share profits. Smart contracts are used to automate complex multiparty transactions. Yield Guild Games is a good example of a P2E gaming guild – it includes Star Atlas, Axie Infinity, Guild of Guardians, and The Sandbox. The usual split is around 10% to the guild, 20% to the manager, and 70% to the players.