GameFi

The Very Best Play-To-Earn Games To Invest In This Year

The most lucrative crypto gaming platforms using a Play-to-Earn (P2E) system typically provide impressive returns for those who jumped in earliest. Even though this industry is still in its infancy, there has been remarkable growth, and it has the potential to continue to expand. 

Many patrons dived right into the top GameFi cryptocurrency games during the intense crypto boom of 2021 and benefitted from it. But, despite what some critics claim, it’s not too late! This year will welcome the launch of numerous fresh projects to invest in as the industry pushes the boundaries of what’s possible in GameFi. 

The five top-rated Play-to-Earn crypto games can record increases of 10-100x, so here is a summary of the best Play-to-Earn crypto games to buy as of now in 2023: 

  • PlanetIX (IXT)
  • Illuvium (ILV)
  • The Sandbox (SAND)
  • Decentraland (MANA)
  • Axie Infinity (AXS)


PlanetIX (IXT)

A unique project that has been fostered for the last couple of years, slowly building a player base, is now touted as one of the top GameFi NFT-based platforms. PlanetIX fosters sustainability through its metaverse designed on our planet, earth. The game’s basic design aims for users to gather land and territories recognized as PIX (NFTs) and obtain the game’s currency, which is the IX Token (IXT).

The PlanetIX universe contains 1.6 billion PIX, giving the project ample space to grow and expand as the number of active gamers increases. The rapid rate at which the game’s player base is growing is staggering. PIX is recognizable by size and location, with some rarer than others. 

PlanetIX players can invest their IXT in acquiring PIX on the PlanetIX marketplace and other selected decentralized exchanges (DEXs). As players increase the size of their in-game estate, they can form partnerships and friendships with fellow PlanetIX residents. The focus on cooperation and building relationships is in keeping with the focus on conservation, which the planet promotes. 

Illuvium (ILV)

Illuvium is a great choice for the avid play-to-earn crypto gamer. This platform places gamers in a unique virtual realm offering authentic visuals. Players adventure in outer space, hovering through the universe, collecting objects, and completing quests to earn currency.

The collectibles in Illuvium are Non-Fungible Tokens (NFTs). They can enhance characters as gamers make their way through the game or are offered to other players in a peer-to-peer marketplace. In Illuvium, in-game characters go at each other, carry out quests, and collect ILV tokens as an accolade for progressing through the storyline.

Illuvium is managed by the players, giving customers the right to vote on game governance with ILV tokens. The decentralized autonomous organization (DAO) utilized by Illuvium is geared toward managing the platform’s administration. Each token owner has a stake in how the game is run and any future changes. 

The Sandbox (SAND)

The Sandbox is currently one of the leading crypto games in the play-to-earn sector. It is a blockchain gaming universe where users can bring ideas to life, own, trade, and earn from virtual experiences. The extensive metaverse provides a developer toolset that permits anyone to construct in-game items and even entire games, represented as non-fungible tokens and advertised on the marketplace.

The token SAND powers the gaming metaverse of blockchain. The system allows inventors to monetize their ingenuity and uniqueness without requiring third-party sites or centralized authority. With The Sandbox’s user-generated gaming locations, engineers can create entire game universes and capitalize on the all-inclusive toolset and partnerships provided by the platform.

Everybody, from participants to originators of the content, can identify potential fresh interactions with one another through unparalleled opportunities available in The Sandbox. Each game in The Sandbox gets an entire unique rulebook. Many titles can comprise P2E operations that allow gamers to earn a passive digital cash flow as they entertain themselves.

Decentraland (MANA)

Decentraland is another one of the leading play-to-earn crypto games. It is a digital world that allows users to buy plots of land and develop virtual constructions like houses, businesses, games, and boundless virtual universes. Anyone can delve into the Decentraland reality, profiting from unique meet-up areas and varied ways to get cryptocurrency prizes.

Decentraland’s digital currency, MANA, is used for all transactions within the Decentraland platform. All land parcels are issued as one-of-a-kind tokens (NFTs), and users can purchase and sell in-game customizable goods such as avatars, skins, and garments. Every product is interchanged through the peer-to-peer marketplace.

Decentraland has recently gained notoriety through its breakthrough 3D realm operated by shared ledger technology.  With the gift of absolute ownership granted to users to establish the online realm, Decentraland has become an expansive virtual reality filled with a plenteous supply of activities for participants to indulge in.

Axie Infinity (AXS)

Axie Infinity is a gaming platform that offers individuals another route to communicate with the blockchain and earn currency with real-world value in the process. Crypto enthusiasts can explore the universe, accumulate NFTs with real monetary worth, and acquire AXS tokens to advance through the game.

Axie Infinity showcases Axies, virtual entities that gamers can assemble, go to war with, and strengthen to perform missions and, ultimately, earn AXS. Players have full authority over their Axies since each creature is created as digital property, meaning Axies cannot be duplicated or controlled by anybody other than the owners.

Boasting a mixture of card-collecting games and RPG video games, Axie Infinity offers users a thrilling way to delve into the blockchain. Harmonized with private in-game items and inclusive earn returns, this has made Axie Infinity one of the most admired blockchain gaming metaverses within Web3.

Play-to-Earn, game economies, and more in the GameFi Bytes Conference

GameFi is an acronym that stands for Gaming and Finance. It is a financial system that allows users to earn money by playing video games. While most play-to-earn companies stress the “game,” the most important feature of GameFi is “money.” Since 2020, the blockchain gaming business has grown by 2000%. But, following the 2022 crypto bear market, it’s worth considering what’s next for GameFi and how to bring the “fun” back into GameFi. This is precisely the subject of the next conference GameFi Bytes.

GameFi Bytes is the fourth in the series of virtual conferences dubbed Initialize Metaverse. The event is organized by Blockchained India and will be held on October 14, 2022, from 5:00 to 6:30 pm IST. 

Event Link: https://www.airmeet.com/e/ff317910-42f0-11ed-b5b4-c1b4b5269a48 

Plan for the event

5:00 pm – 5:10 pm: Welcome Session

The first session (5:10 pm IST to 5:50 pm) consists of a panel discussion on ‘Where to next, GameFi?’

In this, speakers will explore if the growth in play to earn will spill over to sectors outside Web3.

The distinguished panel consists of the following:

1. Sheryl Varghese, Co-Founder & CMO, CropBytes

2. Erman Tjiputra, Founder & CEO, Aioz Network

3. Paurav Joshi, Co-Founder, KridaFans

4. HarishKarthik Gunalan, Co-Founder, Coinfantasy

The next session (from 5:50 pm IST to 6:20 pm IST) focuses on ‘Is there game in GameFi? 

Speculation has recently been more important in crypto games than narratives, high-quality materials, or gameplay. The second session will look into whether crypto games are about having fun or speculating.

The conversation will be led by industry leaders, including:

1. RageFan CEO Satheesh Ananthasubramanian

2. Akshay Khandelwal, Bowled.io Founder

The panel discussion will be moderated by Akshay Aggarwal, Venture Partner at Draper Dragon and President of Blockchained India.

This will be followed by a networking session in which attendees can discuss the following topics in general:

1. How is the gaming business migrating to the blockchain, and why is now the time to investigate the limitless potential of blockchain-based gaming?

2. India is the world leader in P2E, but will it be able to keep its throne?

3. P2E’s Future

Watch the live stream at  https://www.airmeet.com/e/ff317910-42f0-11ed-b5b4-c1b4b5269a48

About Blockchained India

Blockchained India is the largest and oldest crypto network working towards adopting and promoting Web 3.0 in India. One of the ways they achieve this is by organizing free knowledge-sharing sessions to educate the community about the potential of blockchain technology, NFTs, DeFi, GameFi, etc. Blockchained India has been hosting several meetups as a part of Initialize Metaverse. It is here with its next meetup on the agenda- GameFi Bytes.

Play-to-Earn games: How Blockchain is building Game Economies

The predominant form of gaming in the past decade was Free to play. The model involves free giving away the gaming experience while monetising on in-app purchases. However, it lacked transparency and gradually became adversarial to single players by favouring larger accounts. 

Then came the “Pay2Win” games setting, where wealthy players or “whales” have a definite edge by purchasing their way to better equipment and a quicker growth rate. Due to their inability or unwillingness to pay for such luxury, most small players are disadvantaged. They must work hard for weeks or months to obtain the same gear for free.

Furthermore, the gaming industry worked in silos. Players spend money on virtual goods that they don’t actually possess and frequently aren’t able to exchange for cash. For a few months, players like one game in particular, but ultimately they get bored and switch to another. They won’t be able to sell the rare products they worked so hard for months to obtain when that moment comes. They are practically dead assets since they are trapped in the walled garden of that game.

Key takeaways:

Play-to-Earn(P2E) prioritises player engagement above financial gain. P2E is based on three fundamental ideas:

  • They are giving talented players opportunities to earn as a reward for their game engagement typically in the form of open market dynamic in-game currency.
  • Improved control over digital assets. Players control their assets, which they may trade and earn money.
  • Participatory and open in-game economy. Creating different experiences on top of the game’s primary experience is permitted and encouraged by game creators.

Transitioning to blockchain-based gaming

In the past, no development company had the resources to create a robust market replete with an in-game currency and open standards for game content. Blockchains, however, provide game makers access to economic building elements. With technology, developers may introduce a token within an hour or designate some game components as nonfungible tokens (NFTs). With no additional production costs, this allows consumers strong property rights and the freedom to export their characters and assets from the games to third-party marketplaces or even other games.

Play-to-earn as a source of income

According to Playtoearn.net, over 800 blockchain-based video games let you receive prizes in the form of cryptocurrencies or NFTs. More than 200 of them are live. The majority launched recently, with the top P2E game, Axie Infinity, debuting in March 2018. Since then, its value has risen to $3 billion.

Axie Infinity helped thousands of gamers in the Philippines, and other developing nations cope with job losses during the COVID-19 pandemic. The key to its success lay in granting its players solid property rights. In-game items could be removed by players and traded on external marketplaces like OpenSea. As a result, a tsunami of economic activity both within and outside the game was released.

Leah Callon-Butler, a blockchain consultant, based in the Philippines, observed that the epidemic provided the ideal setting for this game to draw players from all walks of life.

She added that they might play a nice game at home while being safe from the virus and making money off it.

In addition to offering a new way for consumers to make money by playing video games, “play-to-earn” also upends the cryptocurrency market by allowing investors to invest in a different sector and for crypto holders to get a dividend. It’s establishing a three-way economy of wealth creation while also making it easier to enter the cryptocurrency space.

Rent-to-earn

So you don’t want to play the game? You can still earn passive income from P2E by owning NFTs and renting them to guilds. This trend is relatively new to the NFT industry, but it has received much attention. Although not many guilds provide this service, it will surely become famous, just like P2E.

Blockchain-based games making a splash

Having discussed the OG of blockchain gaming – Axie Infinity, these are a few other blockchain games to check out. 

  • Cryptokitties: It is the first game built on the blockchain. The game focuses on gathering, breeding, and selling virtual cats. Every cat is an NFT, a unique blend of “cattributes,” status, generation, and other factors. These cats, which are controlled by 12 separate genetic cattributes, are collected and bred by players. Fancy, special edition and exclusive kitties don’t follow those rules and have rare attributes.
  • Decentraland: Decentraland may be a suitable game for you if you appreciate playing open-world games where your avatars may interact, purchase land, and construct custom stuff on it, but you also like the concept of genuinely owning, purchasing, and selling such assets as NFTs. In this metaverse-style game, LAND owners may do anything they want with their property. They can vote on district-level governance issues to help shape the community’s future.

Gods Unchained: Players in Gods Unchained begin with a deck of fantasy cards and can then engage in multiplayer competitive gaming. Players get cards, FLUX, the game’s money, and an upgrade token.

Polygame – The future of Gaming, NFT, and Fan Tokens

There is no doubt that the NFT and gaming industry are two of the most rapidly developing avenues in the blockchain space because of their reliability and mass adoption among the massive community of gamers and creators. Among this growing craze, there has been active participation from several blockchain projects with unique utility. 

One of the projects that can potentially change the future of gaming, NFT, and fan tokens is Polygame. Polygame is a mobile game streaming, NFT, and fan token exchange provider that operates through its three pillars. 

The Immersive Polygame Ecosystem

Polygame allows gamers to create and trade NFTs and fan tokens while interacting with creators and fans in real-time. The ecosystem is fueled by the PGEM token that allows users to donate, subscribe to streams of their favorite gamers, get exclusive discounts, participate in and host tournaments, purchase in-app stickers and gifts, and get exclusive access to NFTs. 

The Polygame IDO for $PGEM is already live on DaoStarter and the whitelisting has been closed. Here are the details for the IDO. 

Sale Date – 6th – 8th April

Pool Allocation – $50,000

Currency –  $USDT

Min Investment – $100 

Max Investment – $4,000

IDO Price – $0.1

Sale Network – BSC Network

Token Network – Polygon Network

The PGEM token plays a crucial role in the development of the Polygame ecosystem and has robust utility. It helps to incentivize engagement, promote ecosystem growth and facilitate Fan Token offerings. 

Apart from the PGEM token, Polygame Ecosystem relies on these three products;

Polygame Streaming

While several phones can download pre-recorded videos, Polygame enables streaming of these videos in real-time with a twist of cryptocurrencies and NFTs. 

Fan Tokens

Fan tokens are a type of cryptocurrency that is unique to the brand, player or community and will enable community participation.

Polygame NFTs

NFTs are all the hype right now, and Polygame allows users to become a part of the NFT gaming industry with their unique NFTs. 

While Fan Tokens and Polygame NFTs will be launched soon, Polygame streaming is already live. Users can watch their favorite gamers play games such as FreeFire, PUBG Mobile, Valorant, Tactics, Teamfight, and Wild Rift in real-time. 

Polgame has been moving up the ladder and has been making several strategic partnerships with interesting projects such as 5ire Capital and SupraOracles. 

To learn more about Polygame and become a part of its growing ecosystem, visit https://polygame.io/