All investment/financial opinions expressed by NFTevening.com are not recommendations.
This article is educational material.
As always, make your own research prior to making any kind of investment.
Many experts are expecting Play to Earn games to dominate Web3 this summer. Memecoin season seems to be trending down, NFT volume is dwindling, and market participants are looking for the next big thing. Which projects are best positioned to take advantage?
Play to Earn games already have a surprising amount of daily active users. Here is a list of the top ten Play to Earn games by active players.
Alien Worlds is free to play and runs on the WAX blockchain. Launched in late 2020, it’s one of the earliest play-to-earn games still running today. Players can mine land plots to earn Trillium, the game’s native token. Additionally, players can produce passive income by owning the land plots themselves represented by NFTs.
Pixels is a pixelated farm game on Polygon. Players can earn $BERRY by planting seeds, harvesting crops, and tending to digital farms. It is free to play, but buying the NFT version of farms in the game allows for additional, more passive income.
Iskra is more of a gaming platform than just one game. It offers various tools to help developers connect with consumers, a decentralized exchange, and wallet services. So far, it has one out of six planned games ready to play. This game, Three Kingdoms Multiverse, has been downloaded over 10,000 times and allows participants to earn various tokens and NFTs.
Spinterlands runs on the Hive blockchain and offers a low (but not free) entry price of $10 to play. It is an auto-battler card game in which the cards can be traded as NFTs. Splinterlands features a robust ecosystem with tournaments, leaderboards, and various recurring challenges to help keep its player base engaged.
Farmers World is a decentralized farming game that runs on the WAX blockchain. Unlike other P2E games, Farmers World requires a minimum of $500 to get started. It is a relatively complex game with dozens of digital assets available and various approaches available to players.
Superwalk is a “move to earn” game that rewards users with the $GRND token for walking or running. It’s free to get started earning $GRND by downloading the Superwalk app. Later on, players can use $GRND to purchase digital sneakers that gamify the experience and even earn physical sneakers from Kream.
Upland is a free-to-play city-building game available on iOS, Android, and the Web. Players can earn $UPX by owning properties in Upland. After that, they can customize buildings and even open metaverse stores.
Planet IX is a multiplayer game on Polygon. It’s a story-based game about repairing a devastated world. Players stake NFTs to rebuild Planet IX, and in the process, earn passive income.
Perhaps the best-known Play to Earn game ever, Axie Infinity continues to be popular today. The game focuses on breeding and battling cartoon animals called Axies. Players earn by completing daily challenges, owning land, and battling with NFTs. The game was a huge success story in the 2021 bull market and looks to repeat that success in the next cycle.
SecondLive is a “create-to-earn open Metaverse where web3 inhabitants gather…to facilitate self-expression,
unleash creativity and build a dreaming parallel universe.” It runs on the Binance Smart Chain and rewards participants for going to virtual concerts, events, etc.
Gaming seems like the perfect use case for NFT technology. The idea of owning digital assets is nothing new for gamers. Rare skins and in-game items already sell for large amounts of money in PC and console games, after all. Finally, it seems exceedingly likely that NFTs will unlock the full potential for gamers to finally own their hard-earned digital assets.
All investment/financial opinions expressed by NFTevening.com are not recommendations.
This article is educational material.
As always, make your own research prior to making any kind of investment.
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