The popularity of play-to-earn (P2E) games has exploded over recent years, driven by the emergence of blockchain technology. P2E gaming allows players to earn rewards for their skill and expertise rather than paying for in-game purchases, making it a low barrier to entry yet highly profitable area. Let’s look at some of the most famous P2E games in the market today and how they could evolve going forward.
Axie infinity : Axie Infinity, a blockchain-based game where players can purchase cute monsters (called Axies) and use them to battle other players, has started to capture the attention of the media. The winners of these battles are given $SLP (Axie tokens), which can be used on the Axie Infinity Marketplace or exchanged into FIAT currency. In-game items, such as Axies and plots of virtual land, are structured as NFTs, allowing them to be freely traded on the marketplace. Given the development team’s support from major players in the crypto space, Axie Infinity looks likely to continue its expansion in the months ahead.
Decentraland : Decentraland is an Ethereum-based decentralized virtual world where users can create, experience and monetize content and applications. Users can purchase plots of virtual land which are represented as non-fungible tokens. By owning land, players have the opportunity to monetize their in-world exploits through advertising and content curation. Users can also create ‘Scenes’, enabling pathways for limitless creative expression.
Silks : Silks is a unique NFT blockchain-based game. It offers a “derivative gaming” experience where players can monetize their in-game exploits through a one-to-one link to the real world of thoroughbred horse racing. Players purchase digital Silks Avatars and Silks Horses which are derivatives of real horses. This link is achieved by using massive decentralized datasets that track information on the lineage, training progress, and racing productivity of real thoroughbred horses. By linking the physical and virtual worlds together, Silks enables skillful players to earn rewards through gameplay that’s tied to real-world data and performance.
Players can earn rewards when the real-world counterparts of their Silks Horses win a race. Prizes are distributed in $STT – Silks’ fungible transactional token. Players can also earn rewards through staking, or by retired racehorses producing offspring. You can trade and speculate on these horses in the secondary market, made operational using the $STT token.
Gods Unchained : Gods Unchained is a poker-style competitive trading card game based on blockchain technology. It allows users to trade, sell, and buy digital cards in an auction house – like traditional physical trading card games – with $GODS acting as the main form of currency. Gods Unchained lets players build their own decks, then battle against other players or even AI opponents.
Battle of guardians : Battle of Guardians is an exciting battle arena (P2E) game hosted on the Solana blockchain. The game has been developed in Unreal Engine, providing a rich user experience where players can choose characters and battle other players in real-time. All players start at the same point, incentivizing knowledge and skilled gameplay.
Sandbox : The Sandbox is a virtual world where players control digital avatars and can create 3D objects that can later be animated and restructured as NFTs. Through the use of VoxEdit, The Sandbox’s native world builder, users are able to create in-game items for sale in return for $SAND – the metaverse’s native token. This ERC-20 token can then be used to customize avatars, play games, and purchase other in-game items. Players can even buy plots of virtual land;z<which can be used to build properties or rented to other users.
NFTs have become increasingly popular in the recent months and will likely continue to dominate the NFE market. However, there are many other lesser-known NFT platforms that have recently launched or are on their way. This article has discussed several projects within the growing P2E space that have exceptional potential in the weeks ahead. Given their inventive gameplay features and substantial user bases, we’ll likely see these platforms continue to evolve in conjunction with the broader market.
Sources :
The Best Play-to-Earn Games for NFT and Crypto Lovers
7 of the Best Play-To-Earn Crypto Games in 2022
The 5 Best Play To Earn Crypto Games 2022
Play-to-Earn (P2E) Games: Top Games Right Now and Upcoming Games