Play-to-earn blockchain gaming platforms are one of the most popular means to earn in the crypto world. But there’s more to these platforms, they also offer their users a rich gaming experience. By playing, users are rewarded with cryptocurrencies which they can either trade or sell. And with the entry of metaverse, the race is on for the best gaming platform with a play-to-earn model. Although most would involve investing, some are free to play. Let’s take a look at the most profitable and exciting play-to-earn gaming platforms today. Let’s begin our roundup.
The Pokemon-inspired blockchain gaming platform holds the record as the top play-to-earn gaming platform today. According to a report by Covalent in December 2021, the platform’s active users have already reached more than 2 million. To set up an account, users need to buy an Axie team comprised of three monster pets which cost between $200 to $500. Players can earn SLP (Smooth Love Potion) by participating in adventures and arena battles with other players. But with the game’s new update, the adventure has been abolished by the Axie core team. This aims to make the SLP (Smooth Love Potion) token scarce in order to counter its declining value. It also aims to improve the game’s performance and return of being able to challenge your friends in a duel.
AXS (Axie Infinity) is the gaming platform’s governance token. Another way of earning in the platform is breeding Axie monsters. Users can also breed their monster pets using both cryptocurrencies: AXS (Axie Infinity) and SLP (Smooth Love Potion). Check the sample guide we previously published if you plan to breed an Axie. The newly bred Axie monsters can be sold on the NFT marketplace.
A play-to-earn game that combines blockchain technology, DeFi, and NFTs in a 3D metaverse. The SAND token is the platforms native token with three functions:
- Buy and sell items
- Governance (use to vote for the development platform’s ecosystem )
Players need to purchase digital plots of lands – known as LAND – in the Sandbox metaverse. The cheapest price of LAND is around 3.7 ETH or $9,819.80 with ETH (ethereum) current value at $2,654 as of writing. Developers build their virtual experiences on these digital lands which are then shared with individuals in the platform. In order to participate in these virtual experiences, users need to pay with SAND. Users who staked their SAND tokens are also eligible to assist in the platform’s governance.
Users can earn by completing tasks or playing RPGs and adventure games created by users within Sandbox. With the game’s rising popularity, it is more likely to grow like other leading games today like The Sims, Minecraft, or Roblox.
A collectible card game where players create a deck of cards and use them to compete with other players. They can choose one of the six God and 30 card decks to engage in a battle which can be bought on the platform’s website with ETH (Ethereum). Users can have 2 copies of the same card. Card packs are categorized into 4 types:
- Rare Card Pack $2.49
- Epic Card Pack $6.99
- Legendary Card Pack $24.99
- Shiny Legendary Pack $149.99
In each level, players can earn 22 core packs, two epic packs, and one legendary pack. These digital cards can be also be traded or won. The platform utilizes a rank system to ensure that players with the same level will be pegged against each other. Users can use GODS, the platform’s native token when trading these digital cards in the marketplace. Winners in tournaments will receive GODS as a reward which they can either sell in crypto exchanges or use to buy other cards.
A blockchain-powered NFT RPG game launched on Binance Smart Chain and created by award-winning video-game developer, Riveted Games. To participate, users need to buy SKILL tokens. The minimum recommended amount needed to play is 10 SKILL or $69.9 as per the token’s current value as of writing. Using the platform, users can engage in a battle and earn SKILL tokens. They can use extra characters, unique weapons, and retool them to boost their total power. They can also use their tokens to gamble with other players on the platform. Characters and items can be monetized and be sold in exchange for SKILL tokens and be traded to crypto exchanges.
A blockchain-based metaverse where players can play to earn NFTs built on the WAX blockchain. It currently runs on the dual networks: Ethereum and Binance Smart Chain. The game is centered on planets that players can colonize. These planets can be joined together to form a federation for joint explorations in the virtual universe. Players get the opportunity to mine the token TLM (Alien World), the platform’s token through battling with other explorers and earning commission from their virtual real estate. TLM token can be used to participate in the “Planetary DAO” and also to conquer other planets. Landowners receive commissions from miners which in return pay 20% of the amount mined items. You play Alien Worlds for free but you will only have a shovel to start playing but you can still travel to different planets to mine “Trillium”. If you are fortunate enough, you can even find a rare NFT.
NFT gaming platforms powered by blockchain despite one of the most lucrative investments in the crypto market today are still no match to other gaming platforms outside the crypto space. It definitely needs a lot of improvement to give a rich gaming experience to attract more players to these gaming platforms.