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2022-06-06

Play-to-Earn Cryptocurrency Games

Gaming industry has evolved a lot, going from pay to play and free to play, to pay to earn crypto games. Digital currencies have become an important part of the gaming industry where you can now buy, trade and sell different cryptocurrencies.


How does it work?


Crypto games are still far away from good-looking, innovative games we are used to playing, yet they have the ability to keep you interested, focusing on economics and rewards.


As we said, crypto games are relatively new and bad graphics are not the only thing to worry about. As you can guess, there are plenty of scam projects, trying to steal your data and crypto. So before you dive in crypto gaming, do a good research of the legitimacy of the project.


Of course, when we are talking about crypto, we can never be sure about what the future holds. But as a common rule, you should always start investing small, and never invest more than you are willing to lose.


Here are some examples of play to earn crypto games, you can try


Axie Infinity


It is considered to be one of the best play-to-earn games, known for providing household income in countries like the Philippines, Venezuela and others.


The game requires Axies, the creatures you can buy from the game marketplace. You can also buy eggs and wait for them to turn into Axies. Furthermore, you can breed eggs, produce Axies and sell them afterwards.


The purpose of the game is the NFT Axies to fight other Axies and to earn the native token AXS or Axie Infinity Shards, which you can later exchange for fiat currencies.


At the game there is one more token - SLP or Smooth Love Potions, also used for breeding Axies.


The Sandbox


The Sandbox is another play-to-earn game, offering multiple ways to earn. You can be an artist, game maker or landowner, and you will earn the metaverse cryptocurrency SAND.


Well, to become an artist at the platform, you will need to apply with a portfolio. As we already said, you can also buy land to rent, where game makers can create experiences.


Another way to make money is to buy land and sell it at the right time.


Decentraland


Another well known metaverse with great potential is Decentraland. Similar to Sandbox, the first way to earn money here is to buy land you can later sell or lend. 


There is another, more interesting way to earn - to organize games or events and charge the audience.


Again, similar to the Sandbox, you can use a free tool to create experiences but as we already said, to create such experiences, you need to buy land with the native token - MANA. 


There is one more interesting way to make money in Decentraland. Just like in the physical world, there you can offer different types of services. 


We can look at Decentraland as a computer-made real-life game offering job prospects and different earning opportunities.


Thetan Arena


Another play-to-earn crypto game is Thetan Arena. It is free to play, you get three free characters to advance in the game and to accumulate the native token Thetan Coin (THC). With the coins, you can unlock the advanced characters.


THT is the token supporting the game economy, which you can later use to convert into fiat currency.


We can definitely say that play-to-earn cryptocurrency games is an interesting trend in the gaming industry. Great thing is that you can earn, while entertaining yourself. 


Of course, you should be careful when investing in crypto, and always be aware of the possible risks.


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