Thanks to Web3 capabilities, game creators can now provide players with a more immersive experience than ever before. Players can possess in-game assets like skins, weapons, digital accessories, characters, and virtual land in the metaverse using Play-to-earn Games, commonly known simply as “crypto games,” and sell these digital assets to receive money benefits.
Gamers are compensated for their talents, and gaming firms are able to recruit additional players, thanks to the Play-to-earn model – it’s a win-win situation.
What are NFT play-to-earn games?
Blockchain-based play-to-earn NFT games pays players with digital assets like NFTs, character skins, or crypto. These can be obtained by completing levels, entering contests, or simply spending time playing the game. The assets of players can be used to obtain more prizes or sold on a digital marketplace.
Unlike typical video games, most play-to-earn games are decentralized, meaning that both the makers and the players have a say in how they are run. Players who participate in the in-game economy add value to the game for both other players and the creator.
The more you play, the more you earn, as the name says.
One thing to keep in mind is that while some NFT play-to-earn games, such as Splinterlands and Sandbox, are either free to play or charge a small cost, others, such as Axie Infinity, require you to purchase some assets in advance.
These assets are often utilized as in-game money or characters in various games. If you want to buy virtual land in Decentraland, for example, you’ll need MANA, the game’s official currency.
NFT games with the best play-to-earn potential
Decentraland is a user-created, totally decentralized, ever-evolving 3D virtual world. Players can buy land plots to turn into anything from a digital art gallery to sell NFTs to a medieval dungeon maze
Splinterland is a popular peer-to-peer collecting card game based on the HIVE blockchain, in which players battle monsters for rewards. Quests, ranked play, and tournaments are among the different types of games available.
Axie Infinity is an online video game in which players can use NFTs to purchase land, Pokémon-inspired monsters known as Axies, and other in-game stuff. Users can assemble an army of Axies and engage in turn-based combat with other players. Axies can also be bred, allowing players to create potentially stronger teams or even sell them. If your team wins, you’ll receive $SLP coins, which you may swap for fiat money on a cryptocurrency exchange.
Alien Worlds is the ideal P2E game for everyone who enjoys NFTs, outer space, and dystopia. Players travel in space, mining numerous planets for resources (NFTs), collecting Trilium (TLM), and completing tasks. In the game, there are over 2,000 digital land plots, and each player has their own plot in the form of an NFT.
Top Play To Earn Tokens by Market Cap
According to Coinmarketcap, the most popular crypto currencies and tokens for Play To Earn are:
- Decentraland – $1,881,108,014
- The Sandbox – $1,657,370,272
- Axie Infinity – $1,153,525,448
- Gala – $563,817,855
- WAX – $234,666,516
- Illuvium – $186,295,741
- XYO – $122,971,381