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Play to earn crypto games are the hottest trend, powering a few to earn significant amounts.
Lets take a look inside to see whats really possible.
What are Play to Earn Crypto Games?
These unique games have native tokens supporting game economies.
You buy, trade, sell, and play with these in-game currencies.
So youre a few years early if expecting a good-looking crypto game.
But keep the focus on the economics, and the rewards can be enough to keep you hooked.
How to Verify a P2E game?
This is an entirely new era.
The first thing to check is Tokenomics.
An unlimited token supply may not be a good thing to start with.
Moreover, staking and holding need to be rewarding to keep people invested.
However, there is no fixed recipe to judge a games future.
The game requires three Axies (in-game creatures) that you’re free to purchase from their marketplace.
Alternatively, you might buy eggs from the Axies labs and wait for them to turn into Axies.
This is the governance token that you could also exchange for real cash.
Besides, one can stake them to earn crypto staking rewards.
As with AXS, you’re free to exchange SLP for fiat currencies on notablecrypto exchange platforms.
The game also states the introduction of a no-upfront-investment model in the future with limited earning potential.
The Sandbox
The Sandboxhas multiple ways to earn.
An artist can create useful assets with the platforms tool VoxEdit.
However, The Sandbox doesnt allow just about everyone to upload NFTs on its marketplace.
you oughta apply to its creators fund with a portfolio to boost your chances of selection.
The game maker needs no coding skills to design games.
Straightaway, this is very ambitious.
Overall, this is a metaverse needing real-life perspective to make (or lose) money.
Finally, SAND is a governance token supporting staking and can be purchased/sold at major exchange platforms.
Pegaxy
Pegaxyis a play-to-earn horse racing game.
However, as of now, you exercise minimal control over the actual racing.
The racing is random without any human control, unlike the conventional games.
Pegas are available at Pegaxy marketplace, which it’s possible for you to purchase with USDT.
Moreover, there is breeding to create little Pegas.
These offsprings get ready to breed or race in the stipulated time as per their bloodline.
In addition, it’s possible for you to fuse two Pegas into one to earn higher VIS rewards.
However, breeding and fusion cost you in VIS and PGX (governance token).
Earning is supported by racing, selling, and renting Pegas.
And the staking is in the works, along with better gaming controls thatll make the race skill-based.
Decentraland
Decentralandis a top metaverse with ample earning potential for its users.
The first way to earn is a cliche for all metaversesbuy land.
Subsequently, you could lend it or sell it after substantial appreciation.
The other more interesting (and challenging) way is to organize events or games and charge the audience.
Somewhere in 2021, Decentral Games was hiring for its Tominoya Casino.
They ended up hiring 20 part-timers and one full-time manager to initiate the metaverse casino.
The registration fee is $500 per item (not per NFT).
Finally, you could list your wearables on the marketplace to earn.
Conclusively, Decentraland is a computer-made real-life mimic with similar job prospects and earning opportunities.
Blankos Block Party
Blankos Block Partyis about partying with the little toy-looking blankos.
The value of a blanko depends upon the attributes and the rarity.
However, its common to see most blankos priced at thousands of dollars.
Youll also be building parties for other players to receive rewards in future updates.
Though still in beta, this game also has daily quests as an additional earning opportunity.
Thetan Arena
Thetan Arenais a free to play and play to earn crypto game.
The advanced characters are the real deal of the game.
Those evolve, can be traded as NFTs, and are allowed to participate in the special events.
THG (Thetan Gem) is the utility and governance token supporting the in-game economy.
In addition, you’ve got the option to stake the THG token to gain staking rewards.
Finally, you could convert THC through a crypto exchange into fiat currency.
CryptoKitties
Cryptokittiesis where you deal with kitties on blockchain.
it’s possible for you to buy one from a friend or breed if you already have a pair.
Every Cryptokitty has unique attributes which separate it from the rest.
These special cats are limited to 50,000, which adds to the scarcity and the monetary value.
There are many details one should check in the FAQ section.
Put simply; you need two cats to breed another one.
And interestingly, every kitty can be a mother (dame) or father (sire).
Each breeding event adds to the cooldown period, which makes the new ones attractive to acquire.
Every exchange and breeding is a blockchain event on Ethereum for added legitimacy and incurs fees.
Additionally, CryptoKitty has introduced KittyVerse, where cats compete, participate in cat fights, etc.
CryptoKitty can be played on Chrome or Firefox, with a native tool in the works.
Metaverses, in simplest form, are games.
This game is powered by the Solana blockchain, so you need its wallet to pay transaction fees.
In addition, it supports USDC or ATLAS tokens to make purchases.
Governing decisions are taken by the Star Atlas DAO, which is like most other decentralized organizations.
This works by staking POLIS tokens in exchange for the voting power to influence Star Atlas development.
The Six Dragons
The Six Dragonscall itself the worlds first blockchain open-world RPG.
The blockchain side of things is powered by Ethereum to manage transactions and Enjin to handle NFT trading.
The Six Dragons are underpinned by its DAO to take governance calls to support future development.
Ethormons 2D (Ethermon classic) gameplay revolves around the PvP battles, which puts the fierce creaturesMonsto work.
They come with unique rarities and are the backbone of Ethermons tokenomics.
Winning PvP battles upgrade your Mons and award EMON tokens and NFTs.
Its Decentraland version (3D) is primarily P2E, offering unique quests, crafting, etc.
This also makes it a one-of-a-kind collaboration, where one fully-fledged blockchain game is happening in a metaverse.
However, now, the earning potential is chiefly limited to its Classic mode.
Ethermons is powered by Ethereum and Polygon web link.
The best part of Ethermons is the minimum requirement of just an Ethereum wallet and no initial purchase.
First, you want to connect to an appropriate wallet (Metamask, etc.).
Subsequently, one can click download only to be greeted by a paywall.
Looking at the overall gameplay, its tough not to recommend Phantom Galaxies.
Past the initial purchase, its as simple as living and doing the daily chores.
This gives you awards that can be exchanged with items to use on your lands.
The target audience is players looking for casual gaming with blockchain, know-how to participate in this real-life simulation.
The in-game economy is kept live with trading land pieces beside ready-built houses, animals, plants, etc.
Besides, one can allow rentals and impose visitor fees on their properties, opening more ways to monetize.
And whats better, if you could make a good amount while entertaining yourself.