Crypto Gaming: What It Is and How It Works [Top 25 Games]
Crypto Gaming Tokens are tied to games that use blockchains and cryptocurrencies to integrate new ways of playing and, in many cases, even make money through "play to earn." A recently born reality, it already has dozens of very interesting protocols to offer, both for gamers and for those who want to speculate on cryptocurrencies.
We have created a guide that indicates the most promising protocols for crypto gaming, selecting both those who have already achieved success and those we believe will soon reach it.
What is crypto gaming?
Crypto Gaming is a set of tokens and blockchain protocols that integrate video games, NFT gaming exchange systems, and other types of features related to the video-gaming world. There are different forms, with different systems of operation and equally different systems of possible earnings, both for investors and for players.
They are one of the most important innovations of recent months—another niche within the altcoin sector that, with some protocols, has already registered a very important growth in terms of users and also in the value of connected tokens.
Play to Earn: What is it and how does it work?
Play to Earn is the most interesting system among those integrated into crypto gaming protocols. We are literally playing to earn, which makes the playful aspect potentially very profitable.
Characters
The most classic system of play-to-earn is the non-fungible token (NFT). There are games like Axie Infinity that, for example, allow you to pair your monsters to create new ones that can then be resold on the marketplace. Taking into account the fact that several characters are often required to play, the market for games in which many users want to participate is thriving, with prices often rising.
Game items
Other protocols allow you to earn from in-game items and objects that can be used by characters or for construction. These items can either be created by users or collected in the metaverse. Here too, the protocol makes a difference.
Digital real estate
Many of the metaverse-based games also have digital plots of land. The best-known examples are Axie Infinity, which recently sold millionaire lands, but there are also Decentraland and The Sandbox. It is a highly speculative sector, which however also intersects with the need on the part of large companies to equip themselves with representative spaces.
What is a gaming token?
In this category, there can be different types of gaming tokens because the cryptocurrencies that are associated with the games can perform different functions.
For governance
Several games have decentralised management and allow token holders, like any type of decentralised protocol, to vote on future protocol developments. In this case, buying the token means becoming a de facto shareholder of the game, even if the mechanisms are different from those of the stock exchange.
Internal currency
Other tokens are used as internal currency to access services or purchase game items or land. It is a case that is becoming more and more common, especially for games that are associated with the latest generation of blockchains. However, most of the common stocks refer, at least for now, to Ethereum.
Secondary tokens
Many games also offer a metaverse feature that allows players to access other tokens. Think of The Sandbox's $ LAND, which grants access to a certain digital plot of land, or even $ SLP, which instead is the token necessary for certain game procedures in Axie Infinity. These tokens can also be considered gaming tokens and are marketed in the same way as the others.
Best 15 Crypto Gaming 2022 to Invest in
We have developed a list of the best 15 crypto gaming tokens to invest in 2022, starting with the most popular tokens and then moving on to what is offered by decidedly more niche projects. There will be something for everyone, both for those who want to invest in the short term and for those looking for something with a broader horizon.
Axie Infinity
Axie Infinity is a Play to Earn protocol that closely resembles Pokémon. We are in fact in a virtual world where we can grow and fight (and reproduce) monsters that have different characteristics from each other.
Axie Infinity runs on the Ethereum protocol, which has at least partially slowed its expansion in recent times, given the very high commissions that unfortunately circulate on that network. Despite this, the onslaught of investors and simple players continued, who thanks to a very profitable Play to Earn protocol in some cases made it a full-time job. Although it has already reached very attractive price levels, it could grow further.
Decentraland
Decentraland and its flagship cryptocurrency $ MANA is the best known protocol in the metaverse realm - and one that has been around the longest. An already fully functional project, in which we can participate without spending anything through our web browser. In addition, the Decentraland metaverse already hosts many commercial activities, such as the Amnesia in Ibiza, together with Atari's Casino with disco and Sotheby's auctions for Bansky's paintings. A protocol already in an advanced stage of market penetration.
It was also Decentraland who led the way during the recent boom in the sector, also thanks to Facebook's announcement of the transition to a metaverse system, which triggered the rush of many investors towards protocols that are already available and functioning. It is by far one of the strongest protocols both technologically and commercially.
The Sandbox
The Sandbox is another protocol of great commercial depth, which already has on its side a large partenre of companies of great importance that have taken citizenship. The most recent case is that of Adidas, although not the only one. A project that reminds many of an evolved version of Minecraft with an advanced real estate economy and advanced features for construction and routine.
In fact, the protocol was launched in 2011 - although it is relatively recently that we can use it with the more advanced features that set it apart from other blockchain gaming protocols.
$ SAND is a pure utility token, which is used for several features within the game and also to facilitate transactions. As the attention and use of this gaming system grows, the value of $ SAND also grows, even if this is largely attributable, again, to speculative movements.
Enjin Coin
$ ENJ is a well -rounded gaming token - since it was born as the soul of a project that offers support to the gaming world in general, creating and sustaining communities and offering tools to content creators as well. This is also a very advanced system, which has had an exponential growth that has led it to grow significantly on the market as well.
Enjin Coin is the engine of this system - which continues to expand also with the introduction of a project for metaverse, also connected to NFT and the world of Polkadot, through the rental of a parachain. It will be called Efinity - and even if it has its own token, it will always be the parent company that will have to refer to.
Binemon
Already from the name it is easy to understand how in reality it is, in the case of Binemon, a project that would like to follow the success of Pokémon. The first peculiarity of this gaming token is that its framework runs on DRKChain, which is a private chain. It is a universe that is less talked about, but still very much alive - and which sees the participation of thousands of users every day.
Various assets revolve around this game, such as $ DRK which is the cryptocurrency of the entire chain and also the BIN token, which is instead in BEP20 mode. A game that promised a lot and then struggled to take off. However, never say never: the backfire of the whole sector could also give a boost to the world of Binemon - to make it reach the goals that the project had set itself and that instead it had to postpone for the moment.
Cryptoblades
Cryptoblades is one of the most interesting (and least known to non-specialists) games taking place on the blockchain. All this despite being in bull run for some time now and following the fate of all the other major projects in the sector. The technology chosen is the Binance Smart Chain, for a game that makes extensive use of NFT.
The marketplace is already very active - for an ecosystem that overall is, at least in our opinion, as robust as it is solid for possible future development. Also good is the program that will lead him to periodically add new features, thus allowing him to always remain relevant. However, we are in the field of Web Games, in RPG style, where the maximum of paid fun consists in creating your own game items and then reselling them.
Metawars
Another multiplayer game with a decidedly oriented towards role-playing games, with a particular eye to the economy that the ecosystem supports. Metawars is already well known and has also earned the pages of Forbes. A great hype - although there is still a long way to go at the end of development and only a little market is moving in terms of NFT.
Although it tends to follow the movement of other gaming tokens , the fact that the game is still under development is not rewarding its growth. The interesting strategy could be, for MetaWars, in the medium and long term. That is to buy now that the hype is still reduced and then capitalize when the game has reached its peak of development. What are we investing in? On the development team's ability to deliver on their promises.
Splinterlands
Still a protocol that closely resembles something already seen, in the sense that it closely resembles, at least in the basic mechanics, Hearthstone of the much more popular Blizzard. A clever idea, which combines the randomness of the boosters we also know with Magic with other interesting Play to Earn game mechanics. A project that, at least in our opinion, should grow in a much more concrete way when it makes its debut with a wider audience.
There are also many private investments , for a game that records all types of transactions on the highly decentralized Hive blockchain and thus with the guarantee that the gaming assets are always in the hands of their respective owners. As for the token, it will be used as a participation token in the DAO via Binance's BSC. A governance token whose value will also grow in relation to how interesting it will become to direct the evolution of the project. With SPS players will also be able to vote on tournament dates, rule changes and even DEC tokenomics.
Vulcan Forged
Recently listed on Binance - it is linked to a development studio that has already presented two games: Vulcan Verse and Berserk. $ PYR is the governance and utility token for the entire platform, which also allows you to buy game NFTs, as well as participate in staking and receive rewards.
Another good example of what can be done in the world of blockchain-related games, with a style, at least in the case of this study, reminiscent of several successful games via Smartphone App. That is, games that are more usable in the short term - except for Vulcan Verse, which has already arrived in beta and which in all likelihood will be the subject of important hype in a few weeks.
Gods Unchained
Another very popular project based on playing cards that reminds a little of what has been done in the last 20 years at least by Magic: the Gathering. However, we can access in free to play mode and not spend anything, with $ GODS which is the ERC 20 token that is also used for the governance of the protocol.
Gods Unchained aims very high - because the goal would be to be able to offer an alternative and competitive experience with Hearthstone and other games of this type, which have become very popular online in recent years. Ambitious goal?
Yes, but $ GODS seems to have gotten off to a good start.
MyNeresteAlice
A game that is among the pioneers of crypto-gaming and which, at least in our opinion, will continue to be relevant even now that the competitors have actually become many - and the sector also sees the arrival of economically and technologically more structured realities. $ ALICE is a solid token, tied to this - in our opinion splendid - game, which we invite everyone to continue to follow.
The Animal Crossing style could decree the success of this protocol, which is developed by Antler Interactive and which in all likelihood will continue to live towards a VR experience, given that the development house specialises in this type of activity. It is a builder game, a very interesting formula and which has already had enormous success in the gaming sector outside the blockchain.
Illuvium
Another game that sees the hype grow to the stars waiting for a public beta that will finally allow many fans to get their hands on this title. Expectation that, at least looking at the trailers, is more than justified. The detractors of $ ILV point to this lack, but everything suggests that the first quarter of 2022 will be the right one to overcome the impasse.
Illuvium is a huge 3D world that will also include the great theme of 2021 , or the battles between minions that have already made the fortune of protocols such as Axie Infinity. A game that is undoubtedly one of the most anticipated of 2022 and which, if it were to meet expectations, could spike the price of its reference token.
Yield Guild Games
$ YGG should be an old acquaintance for Cryptocurrency readers - since we've been talking about it for a while and we've seen its potential. The token refers to a DAO with a very important goal - to become the largest decentralized gaming marketplace in the world.
The way in which revenues will be generated is interesting , because the system is based on revenue obtained from the rental of game items by the guilds, which then pay part of the loot to the company. A complex economic system that combines Play to Earn with first-rate gaming experiences.
Alien Worlds
A token that was characterised by a flat calm after the announcement of its creation. We are also talking about a metaverse , with a built-in DeFi system and a game with a space setting and that focuses on card mechanics. With the token you can also vote for the management of the DAO and $ TLM also acts as an internal currency in the game, to buy packs or to stake.
The game is already well advanced on its roadmap, even if the token continues to be decidedly volatile, which could scare investors who believe that the world of blockchain games is always a safe bet even in the short term. For us, at least in financial terms, a very interesting prospect token.
AaveGotchi
Tamagotchi, DeFi and the crypto world in one of the most original and interesting formulations in the history of the blockchain. AaveGotchi has been a pioneer in this sector - and continues to be, despite the important expansion of the sector, one of the most interesting in the world of play to earn.
NFTs based on DeFi and which are directly connected to AAVE . They can also be used as collateral to earn rewards , for a game whose primary goal is to bring DeFi themes to the general public. For now it has been a great success. Ethereum fees, once the switch to PoS has taken place, should no longer be a problem for the natural development of this game.
UFO gaming
UFO Gaming is a decentralized gaming platform that combines the metaverse with DeFi and NFTs to create games such as Super Galactic. UFO Gaming (UFO) is available on the following exchanges: Kucoin, Gate.io
10 more interesting crypto gaming that can explode in the future! TOP List 10
There are also 10 other crypto gaming tokens that deserve our mention, despite the fact that in most cases they are protocols in the making and that have yet to prove a lot to the market and to the players.
Where to buy Crypto Token Gaming?
Where can we buy Crypto Token Gaming? We are spoiled for choice, since now all the main protocols are also listed by large intermediaries and brokers. Not all of them, as we have seen on our list. Alternatively, we can resort to exchanges that generally offer more substantial lists of emerging gaming tokens.
DISCOVER ALL THE PLATFORMS
ETORO - click here
eToro is a complete broker in CFD and DMA, which also offers access to 40+ cryptocurrencies - also selected from different gaming realities. One of the best options we have available when we want to trade crypto gaming, since it offers a proprietary platform via the web with all the necessary and useful tools to do short-term analysis.
In addition it also offers the CopyTrader - a system to copy the best investors or spy on them in their market moves - and also the CopyPortfolios, which are useful for those who want to invest in a single stock that is however representative of the sector. Everything offered by eToro can be tested with a 100% free virtual account, which offers us $ 100,000 of virtual capital to do all the texts we need.
CAPITAL.COM
Capital.com is also a great broker for those who want to trade crypto-games. With 235+ cryptocurrencies on the list, this broker is one of the most well-stocked in the entire panorama. The offer is also excellent on a technical level, because we have both the WebTrader accessible via browser, and MetaTrader 4 and TradingView. Another Capital.com exclusive service is artificial intelligence - an algorithmic analysis service that no other broker in the world can offer.
Here, too, we have a virtual account with unlimited capital, excellent for testing any type of strategy relating to the world of gaming cryptocurrencies - and also for investing in the other cryptocurrencies offered by the group.
Crypto.com is in all likelihood the best of the exchanges that also deal with Crypto Gaming, as it offers the largest assortment of cryptocurrencies including emerging ones on the list. A complete exchange, easy to use, with reduced and controlled commissions and with a constantly updated price list.
Excellent services for passive income, such as staking and supercharger, both advanced systems to make the most of the cryptocurrencies we have purchased. Crypto.com offers a free account with a $ 25 sign-up bonus, in the exchange's own cryptocurrency, Crypto.com Coin $ CRO.
Binance is the exchange with the highest trading volumes in the world. These volumes are also due to a certain attention to what is happening in the gaming sector and emerging tokens in this sector, which are generally listed on this exchange with a certain reactivity.
The interface is good, which also includes part of the TradingView tools - solid instead the management of our capital, despite being the most fluid, legally speaking, of the exchanges Opening an account with Binance is a quick and painless procedure - and within a few minutes we will be ready to buy the best crypto gaming tokens that we have analyzed on this page.
Coinbase also offers access to a good list of gaming cryptocurrencies - but generally focusing more on structured projects that have important commercial realities behind them. However, it remains an excellent intermediary for buying and selling tokens. Through the internal exchange we have a greater number of tokens available than those present in direct access - with some savings also on the commissions that are applied.
Coinbase also offers an Earn program through which we can earn cryptocurrencies for free by answering quizzes and questions. The Coinbase account is free and allows you to operate in a few minutes, after recognising our personal details.
How to choose the best Play to Earn game? Parameters to consider
There are several parameters we used to put together our list of blockchain-related Play to Earn games. These are parameters that relate to different aspects, in addition to the traditional hype that is surrounding this type of projects.
Users
Like it or not are the most important aspect of the success of a Play to Earn protocol . Both those who are already within the protocol, play and spend, and those who instead would like to enter.
Cost
When a protocol manages to attract users even with a very high barrier of entry - think of Axie Infinity - we can be relatively certain of the fact that we have a Play to Earn in front of us that, at least for the moment, is having success.
Target price and future prospects
Also in terms of development and renewal. There is no reason to think that blockchain games will not follow the same parable as the world of classic video games very closely . Who will update, who will answer users' questions also in terms of new features, will have a better chance to grow.
Hype
That is the attention that is being generated around a protocol or a game . Some of the ones we 've mentioned in this guide are still in alpha , with a couple that haven't even seen the light yet. A good team behind, even for marketing, is essential.
Playing to earn: does it work?
Yes , there are tens of thousands of people (and case studies easily available on Youtube such as on Maury 's channel ) who are dedicated to games of this type and have made it a profession. However, there are some mythological aspects to dispel, because even if cultivating your own Axies or making game items might seem more fun than a classic job, it is still stressful and tiring.
The competition is getting higher and higher
Play to Earn is also attracting the attention of population groups that are traditionally not targeted for this type of activity. The more people who dedicate themselves professionally to play to earn, the more reasonable it is to expect a reduction in income.
However, you have to choose the right game
We are still in the embryonic stage for this way of dealing with games and blockchains. Many of the protocols that are very fashionable today will no longer exist tomorrow. If we are investing time and capital, it will be appropriate to pay close attention to where, when and why we are investing our most important resource, which is time.
How long could this " work " last?
Forever. It will seem a strong opinion but we do not believe that Play to Earn systems via cryptocurrencies are destined to disappear. Quite the contrary: we believe that there will be important developments for this sector. Evolutions that will allow you to have more fun and possibly more profitable games.
What we believe cannot last forever is the boom that this sector has been experiencing in recent months, made up of explosive and lunar growths for practically any project that is available. There will be a selection, probably even a ferocious one, which is what we have tried to do in the course of our in-depth study.
Crypto Gaming: Forum & News
Here we gather some additional sources to learn about Crypto Gaming and to follow very closely what is happening in this specific sector.
It remains a great place to find out about what is being discussed in the US regarding blockchain and even gaming. A source to always consult to stay updated on the sector.
There are several accounts to follow in this respect. @GoGalaGames from $ GALA keeps us updated on its protocol, as does @decentraland for $ MANA and @TheSandboxGame for $ SAND. Our official Twitter account also often deals with blockchain gaming.
We are still in the embryonic stage for this way of dealing with games and blockchains. Many of the protocols that are very fashionable today will no longer exist tomorrow. If we are investing time and capital, it will be appropriate to pay close attention to where, when and why we are investing our most important resource, which is time.
The Verge
An online magazine of relatively bleeding edge technology. If a blockchain game ends up being analysed by this publication, it means that it has now become mainstream. Following The Verge can be an excellent window on the world of technology even on blockchain gaming.
Opinions and final thoughts on Crypto Gaming
Crypto Gaming is a sector still in its infancy, which still needs some time to reach full maturity. There are several pioneering products that are proving that yes, it is possible to operate this way and that it is possible to create added value using the blockchain.
Play to Earn systems are also an interesting novelty, both for those who actually want to make money by playing, and for those looking for a good speculative cryptocurrency. Overall the liveliest sector of the crypto sector today - to be followed absolutely even if we are not very interested in the world of games.
FAQ - Crypto Games: Common Questions and Answers
What are Crypto Games?
They are games that use cryptocurrencies and blockchains as integral elements of development. The blockchain - we explain it in our in-depth analysis - can be integrated in various titles.
What does Play to Earn mean?
Literally playing to make money - and it's a ubiquitous feature in blockchain gaming protocols. Gaming operations make it possible to obtain items or NFTs which then have an interesting market value.
Is it worth investing in this type of project?
Many of these have already had a major market boom - but leading analysts agree that this is one of the fastest growing sectors in the future in the blockchain world.
What are the most important crypto games today?
Axie Infinity leads the way, followed by Decentraland $ MANA and The Sandbox $ SAND. However, there will also be room for several emerging realities that we have reported in our guide.
What are the best intermediaries to invest in crypto games?
On the broker side we have eToro and Capital.com, while as far as exchanges are concerned, the most provided are certainly Crypto.com , together with Binance and Coinbase.
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