Crypto Gaming Tokens are linked to games that use blockchains and cryptocurrencies to integrate new ways of playing
- and in many cases even making money through Play to Earn. A reality recently born - but which already has dozens of very interesting protocols to offer, both for gamers and for those who want to speculate on cryptocurrencies.
We have created a guide that indicates the most promising protocols of crypto gaming, selecting both those who have already achieved success, and those we believe will soon reach it.
Introduction to Crypto Token Gaming :
What is a Crypto Gaming?
Crypto Gaming is the set of tokens and blockchain protocols that integrate video games, NFT gaming exchange systems, and other types of features related to the video-gaming world. There are different forms, with different systems of operation and with equally different systems of possible earnings, both for investors and for players.
They are one of the most important innovations of recent months - another niche within the altcoin sector which, with some protocols, has already registered a very important growth in terms of users and also in the value of connected tokens.
We have created a video course on Crypto Gaming, analyzing the general functioning, together with the functionality of the best protocols, with a guide also to the choice of the emerging ones. A course for those who prefer to watch and listen instead of reading.
Play to Earn: What is it and how does it work?
Play to Earn is the most interesting system among those integrated into Crypto Gaming protocols. We are playing to earn, making the playful aspect potentially very profitable.
Personages
The most classic system of Play to Earn is the NFT (Non-Fungible Token). There are games like Axie Infinity that, for example, allow you to mate your monsters to create new ones, which can then be resold on the marketplace. Taking into account the fact that several characters are often required to play, the market for games in which many users want to participate is thriving and with prices often rising.
Game items
Other protocols allow you to earn from game items, objects that can be used by characters or for constructions. These items can either be created by users or collected in the metaverse. Here too the difference is made by the protocol.
Digital real estate
Many of the metaverse-based games also have digital parcels of land. The best-known examples are Axie Infinity, which recently sold millionaire lands, but also Decentraland or The Sandbox. It is a highly speculative sector, which however also intersects with the need on the part of large companies to equip themselves with representative spaces.
What is a gaming token?
Also in this category, there can be different types of gaming tokens because the cryptocurrencies that are associated with the games can perform different functions.
For governance
Several games have decentralized management and allow token holders, like any type of decentralized protocol, to vote on future protocol developments. In this case, buying the tokens means becoming a de facto shareholder of the game, albeit with different mechanisms from those of the stock exchange.
Other tokens are used as an internal currency to access services or to also purchase game items or land. It is a case that is becoming more and more common, especially for games that are associated with the latest generation blockchains. However, most of the common stocks refer, at least for now, to Ethereum.
Secondary tokens
Many games also offer a metaverse feature the ability to access other tokens. Think of The Sandbox's $ LAND which guarantees access to a certain digital plot of land, or even $ SLP which is the token necessary for certain game procedures in Axie Infinity. These tokens can also be considered gaming tokens and are marketed in the same way as the others.
Best 15 Crypto Gaming 2022 to Invest in
We have developed a list of the best 15 crypto gaming tokens to invest in in 2022, starting with the most popular tokens and then moving on to what is offered by decidedly more niche projects. There will be something for everyone, both for those who want to invest in the short term and for those looking for something with a broader horizon.
Axie Infinity
Axie Infinity is a Play to Earn protocol that closely resembles Pokémon. We are in fact in a virtual world where we can grow and fight (and reproduce) monsters that have different characteristics from each other.
Axie Infinity runs on the Ethereum protocol, which has at least partially slowed its expansion in recent times, given the very high commissions that unfortunately circulate on that network. Despite this, the onslaught of investors and simple players continued, who thanks to a very profitable Play to Earn protocol in some cases made it a full-time job. Although it has already reached very attractive price levels, it could grow further.
Decentraland
Decentraland and its flagship cryptocurrency $ MANA is the best-known protocol in the metaverse realm - and one that has been around the longest. An already fully functional project, in which we can participate without spending anything through our web browser. In addition, the metaverse of Decentraland is already homes to many businesses, such as the ' Amnesia in Ibiza, along with the Casino with a disco of Atari and auctions at Sotheby's for paintings Banksy. A protocol already in an advanced stage of market penetration.
It was also Decentraland who led the way during the recent boom in the sector, also thanks to Facebook's announcement of the transition to a metaverse system, which triggered the rush of many investors towards protocols that are already available and functioning. It is by far one of the strongest protocols both technologically and commercially.
The Sandbox
The Sandbox is another protocol of great commercial depth, which already has on its side a large parterre of companies of great importance that have taken citizenship. The most recent case is that of Adidas, although not the only one. A project that reminds many of an evolved version of Minecraft with an advanced real estate economy and advanced features for construction and routine.
The protocolMeta wasMeta was launched in 2011 - although by relatively little that we can use with features more advanced that distinguish it from other gaming protocols blockchain.
$ SAND is a pure utility token, which is used for different functionalities within the game and also to facilitate transactions. As the attention and use of this gaming system grow, the value of $ SAND also increases, even if this is largely attributable, again, to speculative movements.
Enjin Coin
$ ENJ is a well-rounded gaming token - since it was born as the soul of a project that offers support to the world of gaming in general, creating and sustaining communities and also offering tools to content creators. This is also a very advanced system, which has had an exponential growth that has led it to grow significantly on the market as well.
Enjin Coin is the engine of this system - which continues to expand also with the introduction of a metaverse project, also connected to NFT and the world of Polkadot, through the rental of a para chain. It will be called Efinity - and even if it has its token, it will always be the parent company that will have to refer to.
Binemon
Already from the name, it is easy to understand how in reality it is, in the case of Binemon, a project that would like to follow the success of Pokémon. The first peculiarity of this gaming token is that its framework runs on DRKChain, which is a private chain. It is a universe that is less talked about but still very much alive - and one that sees the participation of thousands of users every day.
Various assets revolve around this game, such as $ DRK which is the cryptocurrency of the entire chain, and also the BIN token, which is instead in BEP20 mode. A game that promised a lot and then struggled to take off. However, never say never: the backfire of the whole sector could also give a boost to the world of Binemon - to make it reach the goals that the project had set itself and which instead it had to postpone for the moment.
Cryptoblades
Cryptoblades is one of the most interesting (and least known to non-specialists) games taking place on the blockchain. All this despite being in a bull run for some time now and following the fate of all the other major projects in the sector. The technology chosen is the Binance Smart Chain, for a game that makes extensive use of NFT and also of Play to Earn.
The marketplace is already very active - for an ecosystem that overall is, at least in our opinion, as robust as it is solid for possible future development. Also good is the program that will lead him to periodically add new features, thus allowing him to always remain relevant. We are however in the field of Web Games, RPG style, where the maximum of paid fun consists in creating your game items and then reselling them.
Metawars
Another multiplayer game and decidedly oriented towards role-playing games, with a particular eye to the economy that the ecosystem supports. Metawars is already well known and has also earned the pages of Forbes. A great hype - although there is still a long way to go to the end of the development and only a little market is moving in terms of NFT.
Although it tends to follow the movement of other gaming tokens, the fact that the game is still under development is not rewarding its growth. The interesting strategy could be, for MetaWars, in the medium and long term. That is to buy now that the hype is still reduced and then capitalize when the game has reached its peak of development. What are we investing in? On the development team's ability to deliver on their promises.
Splinterland
Still, a protocol that closely resembles something already seen, in the sense that it closely resembles, at least in the basic mechanics, Hearthstone of the much more popular Blizzard. A clever idea, which combines the randomness of the boosters we also know with Magic with other interesting Play to Earn game mechanics. A project that, at least in our opinion, should grow in a much more concrete way when it makes its debut with a wider audience.
There are also many private investments, for a game that records all types of transactions on the highly decentralized Hive blockchain and thus with the guarantee that the gaming assets are always in the hands of their respective owners. As for the token, it will be used as a token of participation in DAO by BSC of Binance. A governance token whose value will also grow about how interesting it will become to direct the evolution of the project. With the SPS, players will also be able to vote on tournament dates, rule changes, and even DEC tokenomics.
Vulcan Forged
Recently listed on Binance - it is linked to a development studio that has already presented two games: Vulcan Verse and Berserk. $ PYR is the governance and utility token for the entire platform, which also allows you to buy in-game NFTs, as well as participate in staking and receive rewards.
Another good example of what can be done in the world of blockchain-related games, with a style, at least in the case of this study, reminiscent of several successful games via Smartphone App. That is games that are more usable in the short term - except for Vulcan Verse, which has already arrived in beta and which in all likelihood will be the subject of important hype in a few weeks.
Gods Unchained
Another very popular project based on playing cards that reminds a little of what has been done in the last 20 years at least by Magic: the Gathering. However, we can access in free-to-play mode and not spend anything, with $ GODS which is the ERC 20 token that is also used for the governance of the protocol.
Gods Unchained aims very high - because the goal would be to be able to offer an alternative and competitive experience with Hearthstone and other games of this type, which have become very popular online in recent years. Ambitious goal? Yes, but $ GODS seems to have got off to a good start.
MyNeighborAlice
A game that is among the pioneers of crypto-gaming and which, at least in our opinion, will continue to be relevant even now that the competitors have become many - and the sector also sees the arrival of economically and technologically more structured realities. $ ALICE is a solid token, tied to this - in our opinion splendid - game, which we invite everyone to continue to follow.
The Animal Crossing style could decree the success of this protocol, which is developed by Antler Interactive and which in all likelihood will continue to live towards a VR experience, given that the development house specializes in this type of activity. It is a builder game, a very interesting formula and which has already had enormous success in the gaming sector outside the blockchain.
Illuvium
Another game that sees the hype skyrocket waiting for a public beta that will finally allow many fans to get their hands on this title. The expectation that at least looking at the trailers, is more than justified. Detractors of $ ILV point to this lack, but everything suggests that the first quarter of 2022 will be the right one to overcome the impasse.
Illuvium is a huge 3D world that will also include the great theme of 2021 or the battles between minions that have already made the fortune of protocols such as Axie Infinity. A game that is undoubtedly one of the most anticipated of 2022 and which, if it were to meet expectations, could spike the price of its reference token.
Yield Guild Games
$ YGG should be an old acquaintance for Cryptocurrency readers - since we've been talking about it for a while and we've seen its potential. The token refers to a DAO with a very important goal - to become the largest decentralized gaming marketplace in the world.
Interesting the way that will generate the revenue, because the system is based on revenue obtained from the rental of items from the game guilds, which then pay a share of the spoils at their own companies. A complex economic system, which combines Play to Earn with first-rate gaming experiences.
Alien Worlds
A token that was characterized by a flat calm after the announcement of its creation. We are also talking about a metaverse, with a built-in Defi system and a game with a space setting and that focuses on card mechanics. With the token, you can also vote for the management of the DAO and $ TLM also acts as an internal currency in the game, to buy packs or to stake.
The game is already well advanced on its roadmap, even if the token continues to be decidedly volatile, which could scare investors who believe that the world of blockchain games is always a safe bet even in the short term. For us, at least in financial terms, a very interesting prospect token.
AaveGotchi
Tamagotchi, Defi, and the crypto world in some of the most original and interesting formulations in the history of the blockchain. AaveGotchi has been a pioneer in this sector - and continues to be, despite the important expansion of the sector, one of the most interesting in the world of play to earn.
NFT is based on Defi and is connected directly to AAVE. They can also be used as collateral to earn rewards, for a game whose primary goal is to bring Defi themes to the general public. For now, it has been a great success. The committees of Ethereum once did the transition to PoS, should not be a problem for the natural development of this game.
10 more interesting crypto gaming that can explode in the future! TOP List 10
10 other crypto gaming tokens deserve our mention, even though in most cases they are protocols in the making and that has yet to prove a lot to the market and the players.
Dove comprare I Crypto Token Gaming?
Where can we buy Crypto Token Gaming? We are spoiled for choice since now all the main protocols are also listed by large intermediaries and brokers. Not all of them, as we have seen in our list. Alternatively, we can resort to exchanges that generally offer more substantial lists of emerging gaming tokens.
ETORO - GO HERE FOR THE SITE
eToro is a complete broker in CFD and DMA, which also offers access to 40+ cryptocurrencies - also selected from different gaming realities. One of the best options we have available when we want to trade crypto gaming since it offers a proprietary platform via the web with all the necessary and useful tools to do short-term analysis.
In addition, it also offers the CopyTrader - a system for copying the best investors or spying on them in their market moves - and also the CopyPortfolios, which are useful for those who want to invest in a single stock that is, however, representative of the sector. Everything offered by eToro can be tested with a 100% free virtual account, which offers us $ 100,000 of virtual capital to do all the tests we need.
Read also: eToro Opinions and Reviews
CAPITAL.COM - GO HERE FOR THE SITE
Even Capital.com is a great broker for anyone who wants to do trading on crypto-game. With 235+ cryptocurrencies on the list, this broker is one of the most well-stocked in the entire panorama. The offer is also excellent on a technical level because we have both the WebTrader accessible via a browser, and MetaTrader 4 and TradingView. Another Capital.com exclusive service is artificial intelligence - an algorithmic analysis service that no other broker in the world can offer.
Here, too, we have a virtual account with unlimited capital, excellent for testing any type of strategy relating to the world of gaming cryptocurrencies - and also for investing in the other cryptocurrencies offered by the group.
CRYPTO.COM - HERE THE SITE
Crypto.com is in all likelihood the best of the exchanges that also deal with Crypto Gaming, as it offers the largest assortment of cryptocurrencies including emerging ones on the list. A complete exchange, easy to use, with low and controlled commissions, and with a constantly updated price list.
Excellent services for passive income, such as staking and supercharger, are both advanced systems to make the most of the cryptocurrencies we have purchased. Crypto.com offers a free account with a $ 25 sign-up bonus, in the exchange's cryptocurrency, Crypto.com Coin $ CRO.
BINANCE - HERE THE SITE
Binance is the exchange with the highest trading volumes in the world. These volumes are also due to certain attention to what is happening in the gaming sector and emerging tokens in this sector, which are generally listed on this exchange with a certain reactivity.
The interface is good, which also includes part of the TradingView tools - solid instead of the management of our capital, despite being the most fluid, legally speaking, of the exchanges Opening an account with Binance is a quick and painless procedure - and within a few minutes, we will be ready to buy the best crypto gaming tokens that we have analyzed on this page.
COINBASE - HERE THE SITE
Even Coinbase offers access to a good list of criptovalute gaming - though focusing more generally on structured projects and have behind important commercial realities. However, it remains an excellent intermediary for buying and selling tokens. Through the internal exchange, we have a greater number of tokens available than those that are present in direct access - with some savings also on the commissions that are applied.
Coinbase also offers an Earn program through which we can earn free cryptocurrencies by answering quizzes and questions. The Coinbase account is free and allows you to operate in a few minutes, after recognizing our Several pioneering products are details.
How to choose the best Play to Earn game? Parameters to consider
There are several parameters we used to put together our list of blockchain-related Play to Earn games. These are parameters that relate to different aspects, in addition to the traditional hype that is surrounding this type of project.
Users
Like it or not are the most important aspect of the success of a Play to Earn protocol. Both those who are already within the protocol, play and spend, and those who instead would like to enter.
Cost
When a protocol manages to attract users even with a very high barrier of entry - think of Axie Infinity - we can be relatively certain of the fact that we have a Play to Earn in front of us that, at least for the moment, is having success.
Target price e prospettive future
Also in terms of development and renewal. There is no reason to think that blockchain games will not follow the same parable as the world of classic video games very closely. Who will update, who will answer users' questions also in terms of new features, will have a better chance to grow.
Hype
That is the attention that is being generated around a protocol or a game. Some of the ones we've mentioned in this guide are still in alpha, with a couple that hasn’t even seen the light yet. A good team behind us, even for marketing, is essential.
Playing to earn: does it work?
Yes, there are tens of thousands of people (and case studies easily available on Youtube such as on Maury's channel ) who dedicate themselves to games of this type and have made it a profession. However, there are some mythological aspects to dispel, because even if cultivating your own Axie or making game items might seem more fun than a classic job, it is still stressful and tiring.
The competition is getting higher and higher
The Play to Earn is attracting the attention even of the population that traditionally are not targets for this type of activity. The more people who play to earn professionally, the more reasonable it is to expect a reduction in income.
However, you have to choose the right game
We are still in the embryonic stage for this way of dealing with games and blockchains. Many of the protocols that are very fashionable today will no longer exist tomorrow. If we are investing time and capital, it will be appropriate to pay close attention to where, when, and why we are investing our most important resource, which is time.
How long could this " work " last?
Forever. It will seem a strong opinion but we do not believe that Play to Earn systems via cryptocurrencies are destined to disappear. Quite the contrary: we believe that there will be important developments for this sector. Evolutions that will allow you to have more fun and possibly more profitable games.
What we believe cannot last forever is the boom that this sector has been experiencing in recent months, made up of explosive and lunar growths for practically any project that is available. There will be a selection, probably even a ferocious one, which is what we have tried to do in the course of our in-depth study.
Crypto Gaming: Forum & News
We gather here some further sources to learn about Crypto Gaming and to follow very closely what is happening in this specific sector.
It remains a great place to find out about what is being discussed in the US on the subject of blockchain and even gaming. A source to always consult to stay updated on the sector.
There are several accounts to follow in this respect. @GoGalaGames from $ GALA keeps us up to date on its protocol, as does @decentraland for $ MANA and @TheSandboxGame for $ SAND. Even our official Twitter account often deals with gaming on blockchain.
The Verge
An online magazine of relatively bleeding edge technology. If a blockchain game ends up being analyzed by this publication, it means that it has now become mainstream. Following The Verge can be an excellent window into the world of technology even on blockchain gaming.
Crypto Gaming is a sector still in its infancy, which still needs some time to reach full maturity. Several pioneering products are proving that yes, it is possible to operate this way and that it is possible to create added value using the blockchain.
Play to Earn systems are also an interesting novelty, both for those who want to make money by playing and for those looking for a good speculative cryptocurrency. Overall the liveliest sector of the crypto sector today - to be followed even if we are not very interested in the world of games.
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