Play-to-earn (P2E) games give players the opportunity to earn tokens through in-game achievements. Learn how to make money playing crypto games.
Crypto projects in games are different because they provide the opportunity to potentially make money through various advantages, such as having full control over your assets, clear conditions, and safeguards against cyber attacks. This has attracted the attention of traders and an increasing number of ordinary people who are starting to become interested in crypto gaming, especially when there is an opportunity to win.
Advantages and Disadvantages of cryptocurrency games:
Like any other form of digital entertainment, non-fungible token (NFT) entertainment has its own advantages and disadvantages. Some of the positive aspects include:
|No guaranteed profits
|Difficulty in cashing out
|Overwhelming choices for new players
- Decentralization. Smart contracts in cryptocurrency-based games contribute to decentralization, giving players more control and generating greater interest.
- Transparency. The use of smart contracts reduces the risk of fraud.
- Variety. There is a wide range of genres available in the crypto gaming industry, including arcades, racing, strategy, etc., catering to various preferences.
- Income opportunities. Players can convert in-game assets into fiat money or cryptocurrency, allowing them to earn money even without initial investments.
However, there are also some disadvantages to consider:
- No guaranteed profits. Cryptocurrencies are known for their high volatility, offering the potential for significant profits, but also the risk of substantial losses. It is essential to evaluate the risks before investing.
- Difficulty withdrawing money. Due to variable liquidity, some digital currencies may not be supported on popular exchanges, which could lead to withdrawal complications.
For traders new to blockchain games, navigating the wide range of options can be overwhelming. Below we provide a detailed analysis of the six best crypto games to make money. These NFT games are compatible with both phones and computers.
The most popular games to earn cryptocurrencies:
The Meme Kombat platform emerged as a notable addition to the market in September, drawing attention to its integrated features. Its popularity is due to the unique ability of users to participate in exciting virtual battles and earn cryptocurrency at the same time. In particular, pre-sales of the platform have been impressive, generating more than $63,000 in investments in a relatively short time since its launch.
The crypto gaming platform works through two main mechanisms: betting and staking. By betting, users can pool their cryptocurrency holdings and earn interest, even during the pre-sale phase of the asset, providing a means of long-term income generation. On the betting side, users can bet on the outcome of virtual battles against others or against the computer.
Every project starts with an idea: an incredible photo, video or impactful event. Inspired by a challenge from hedge fund Melvin Capital’s WallStreetBets group in 2021, which caused GameStop stock to surge, Wall Street Memes envisioned the WSM token.
WSM’s MemeCoin aims to offer a different perspective of the market, derived from this momentous event.
Transparency and honesty during pre-sales is the main focus of the company. Project Tokonomics supports this spirit. All 2 billion coins issued by WSM are available for purchase. Half of these tokens are currently accessible during the pre-sale, while the remaining assets will be allocated to listings (20%) and reward participants (30%).
Additionally, Wall Street Memes hosted an airdrop where five participants had the chance to win $50,000 in meme coins.
Alien Worlds is a decentralized universe that simulates economic interactions and rivalries between players. The basic concept involves sharing specialized knowledge with Earthlings.
This knowledge allows players to explore various planets and engage in mineral extraction. The game revolves around the Trillium (TLM) competition needed to govern independent planetary organizations known as planetary DAOs. Players also unlock additional game features.
Within the Alien Worlds platform, players can earn NFTs for mining TLM, participating in battles, and completing in-game missions. Users can strategize by purchasing, holding, or spending NFT commodities depending on the chosen approach.
The game universe consists of separate planets, each governed by its own decentralized organization. Planetary plots and individual NFTs have unique features, such as cryptocurrency amounts and mining speeds. Players can use these plots in a variety of ways, while game tokens play an important role in obtaining game items and completing tasks.
Currently, Axie Infinity Project has one of the largest fanbases and is the most played game. Interestingly, most of his fans are in Asian countries.
The goal of the game is to raise NFT animals called Axi. Each Axie has its own unique genetic code, making them unique. Interestingly, when inbreeding occurs, the offspring inherit certain traits, both positive and negative. The resulting creatures can be traded directly on the in-game market. The more distinctive features an Axie has, the rarer and more valuable it is considered.
To start the game, players must purchase at least three axes. These creatures are used for breeding, player versus player battles, completing game tasks, and adventures. Surprisingly, this option is part of the NFT games available for Android users.
Players manage a virtual farm as their “home base”, where they can raise and upgrade their axes. By improving their pets’ combat skills, players can produce more impressive offspring, increasing their value for potential sale.
The main objective is to collect cards, which players can acquire by winning battles or purchasing them from other players.
In tournaments, players try to reduce their opponent’s life points to zero in order to win. Winning battles earns experience points, which help you level up. Advancing to higher levels gives players new cards to add to their collection. These individual cards can be traded in the game’s internal market, where GODS, the game’s native tokens, are used for transactions. The ultimate goal of the competition is to achieve as many victories as possible and collect the entire collection of cards.
Let’s compare this project with traditional card games. NFTs act as protection against changes that developers may make, commonly known as nerfs. The use of the Ethereum blockchain prevents depreciation of card parameters.
After registration, new players gain access to the Starter Deck, allowing them to participate in tournaments immediately. It is important to note that each player is provided with a different set. As players gain experience, they can also acquire virtual collectibles.
Sorare is a football-based gaming project built on the Ethereum blockchain. Players create unique teams and collect cards that can be traded between users. All transactions are recorded on the blockchain. In-game rewards are earned based on progress, victories and mission completion.
With over 600,000 registered users, Sorare stands out as one of the most popular NFT games.
TOP BLOCKCHAIN GAME BY 24H INCOMING TOKEN TRANSFERS FROM UAW