In recent months, the blockchain gaming industry has expanded. It’s trendy right now in 2022 – the number of blockchain games has doubled in the last year. During the year’s bull run, blockchain gaming businesses raised about $476 million in the first half of 2021. Interest in play-to-earn crypto games is expected to remain high until 2022.
1. Lucky Block (LBLOCK)
LBLOCK is a crypto gaming asset that facilitates Lucky Block blockchain transactions and is widely regarded as the year’s next big cryptocurrency. Because of its applicability in the gaming sector, the crypto asset is considered one of the greatest gaming cryptos to invest in.
Lucky Block is a Binance Smart Chain-based crypto asset that has taken use of the Binance Smart Chain’s cheap transaction costs to provide investors with more frictionless transaction operations. During tournaments or weekly competitions, Lucky Block was intended to increase transparency and establish trust among gamers.
With its marketing endeavours, Lucky Block is taking more steps toward increasing adoption. Dillian White, the heavyweight champion, was just added to the platform a few days before his fight with Tyson Fury. The fighter wore Lucky Block clothing throughout the match, which piqued the interest of spectators and supporters.
Lucky Block also announced that welterweight champion Florian Marku, a British boxer, has joined the platform as an official ambassador. By partnering with such well-known sportsmen in the sports world, LBLOCK is poised to see price increases as more people become interested in crypto.
With a market cap of $57 million, the crypto currency is presently trading at $0.0015. This is a remarkable achievement for a cryptocurrency that is only three months old.
2- Enjin (ENJ)
Enjin is pushing the crypto world forward into uncharted territory. They’re doing it utilising the ERC-1155 token standard, which is based on Ethereum. Developers acquire this blockchain-based gaming coin, which is then minted into blockchain gaming products, allowing gamers to earn $ENJ by purchasing gaming things and receiving them in games, rather than needing to buy them on cryptocurrency exchanges.
Enjin’s well-developed arsenal of development tools, which make it simple to produce tokens and integrate them into games and gaming platforms, is attracting an increasing number of game creators. Furthermore, the Enjin Marketplace allows users to safely exchange ERC-1155 digital assets, which are all backed by ENJ tokens.
3. Decentralization (MANA)
Decentraland is a virtual reality platform that allows artists and makers to collaborate while also sharing and monetizing their work. The platform was created for artists, entrepreneurs, and individuals seeking a creative outlet or a source of entertainment.
MANA is Decentraland’s native token. The crypto asset is used to facilitate platform transactions. The purchase of virtual real estate (LAND), voting on LAND policies, and collecting incentives are all examples of these transactions.
Decentraland is one of the most popular crypto gaming initiatives that uses the DAO for governance. The platform’s functionality, including LAND auctions and the types of material allowed in the metaverse, is controlled by MANA holders.
A series of events have taken place in the Decentraland metaverse, bringing together a number of gamers interested in learning how to best use the virtual reality platform. An increase in use cases always leads to higher adoption of gaming cryptos like MANA, which drives up their price.
4- TRON (TRX)
TRON is the native token of the Tron blockchain network, which combines scalability with developer-friendly tools and a thriving application environment. It’s no surprise that game creators choose TRX over other crypto currency.
At a modest cost, the Tron blockchain can process up to 2,000 transactions per second. This makes it an attractive platform for a wide range of decentralised apps, including gaming decentralised applications. It also makes TRON a highly sought-after game token.
Tron Arcade, a €250 million fund announced by the Tron Foundation in August 2021, will invest in play-to-earn game development initiatives over the next three years.
5- The Sandbox (SAND)
The Sandbox is a virtual gaming platform where anyone can join and play for prizes. The platform combines the advantages of both DAOs and NFTs to build a decentralised ecosystem for gamers.
The SAND platform aims to establish a creative play-to-earn approach that allows users to simultaneously design and play games.
Sandbox is gearing up for Season 3 of Alpha, which will include new methods to engage with NFTs and bring value to the space while also establishing an open metaverse.
SAND is currently trading around $2.10, a new support level in comparison to past price fluctuations. The market capitalization of the cryptocurrency is $2.4 billion, up 3.37 percent in the last 24 hours.
6- Axie Infinity (AXS)
Axie Infinity is one of the most innovative crypto game platforms. The platform is a player-owned and operated blockchain-based commerce and battling game.
Players can buy, collect, and exchange Axies in the crypto game. Axies come in a variety of shapes and sizes, with over 500 different body parts to choose from.
The gaming platform has introduced an early access Origin game, which allows players to play the game and submit comments to help develop it before it is officially released.
Axie is one of the first game-to-earn platforms (P2E). AXS tokens, worth $31.04 today, are given to gamers by the platform.
The market capitalization of Axie Infinity is $1.8 billion, indicating that company has a large number of investors. As more investors join the platform, AXS can achieve stability.
7. Gala Games (GALA)
Gala Games strives to provide players complete control over their games. The platform aims to introduce creative thinking into games by utilising blockchain technology. This is done so that users have complete control over their games and in-game assets.
NFT owners have a say in how the ecosystem is run. Gala Games has a wide selection of blockchain games that are both entertaining and educational.
Fuzzles, the world’s first “alive” NFT series, has been launched on the platform. The Fuzzles NFT collection has 9,997 friendly Fuzzles with “flesh and blood bodies” but a computerised AI-powered brain. Since April 27th, 2022, the NFT series has been accessible, and each Fuzzle Pod is worth 0.5 ETH.
GALA is Gala Games’ native cryptocurrency. With a market valuation of $960 million, the gaming crypto now trades at $0.138.
The crypto asset has been on a downward trajectory for the last few weeks, following market trends. This does, however, provide a chance for low-cost investors to purchase GALA, one of the best gaming cryptos accessible.
Crypto gaming coins were created to make in-game objects more accessible, as well as to permit faster transactions and a safe method of delivering awards. LBLOCK, MANA, and SAND are some of the greatest gaming cryptos to satisfy this demand.
These crypto assets have seen significant price fluctuations in the crypto world since their inception, with LBLOCK leading the group. LBLOCK gave its investors a 65x return on investment in the first month after debut, a high ROI for new gaming tokens. The cryptocurrency is focused on delivering more value to investors, with its first prize draw scheduled for mid-May 2022.
Most of these crypto assets may be purchased on a safe and reasonable site like eToro. The platform’s Copy Trader feature offers investors a lucrative earning possibility. With a modest minimum investment, investors can purchase cryptocurrency at cheap fees.