Gaming enables us to collaborate on interactive stories that cross international borders. As a result, we have the power to explore vast, unfathomable possibilities: worlds far removed from our everyday existence. When we play video games, we may be anybody or whatever we desire.
When you combine this allure with the strength of blockchain technology, it’s easy to understand how blockchain gaming currencies have grown into a multibillion-euro industry. So let us take you through different game coin crypto to win in 2022.
What is gaming crypto?
The use of gaming currencies, a relatively recent innovation, is growing in popularity. With gaming currencies, Bitcoin and video games are brought together. In several online games, virtual currency is employed as the in-game currency. The game’s cash may be used to purchase characters and weapons.
Is it worth picking up crypto gaming projects?
If crypto gaming has sparked your attention as a prospective investment, it’s more important than ever to do your study. Unfortunately, gaming currencies do not yet have a track record since they are so young. So take your time to learn about what they offer and their goals to make an informed decision.
What is Axie Infinity (AXS)?
One of the reasons Axie Infinity is gaining popularity is that players may earn AXS gaming tokens for playing. Some players say they may reach hundreds of dollars in cryptocurrencies each month by simply playing.
Axie Infinity’s stock performance has undoubtedly thrilled early investors. It was worth around $0.54 at the beginning of 2021. But by the end of the year, it had increased to $150, a gain of almost 28,000 percent. Gains will almost certainly slow, but as the popularity of crypto gaming grows, Axie Infinity will be one of the first names on prospective investors’ radar screens.
AXS price history
AXS coin reached its all-time high of $164.90 on November 26, 2021, and its an all-time low of $0.1237 on November 6, 2020. In addition, it showed 1238.8% growth in the past year.
Where to buy it?
Axie Infinity (AXS) is traded on several exchange platforms, including Binance, Huobi Global, Coinbase, FTX, Bithumb, KuCoin, Gate.io, and Kraken, among others.
What are the perspectives of the project?
Axie Infinity is a Pokémon-style game where players can buy, trade, and battle Axies. Unfortunately, you’ll need at least three Axies to get started since they are non-fungible tokens (NFTs).
What is the Sandbox (SAND)?
SAND tokens are used to power the Sandbox. These tokens are used to make in-game purchases such as equipment and LAND. The number of available LAND lots is limited. Only 166,464 copies will be produced, some already selling for more than $50,000.
The Sandbox has many partnerships that might help it expand its user base. For example, it has teamed up with Atari to create virtual theme parks. In addition, superstars such as Snoop Dogg and Deadmau5 have joined The Sandbox and constructed their virtual residences.
According to DappRadar, almost 100,000 worlds are created on The Sandbox every day. As a result, the token for this crypto game had numerous significant price movements in 2021, including more than 3,000 percent increases.
SAND price history
The SAND coin reached its all-time high of $8.40 on November 25, 2021, and its all-time low of $0.0289 on November 4, 2020. In addition, it showed 433.66% growth in the past year.
Where to buy it?
SAND is traded on several exchange platforms, including Binance, Huobi Global, Coinbase, FTX, Bithumb, KuCoin, Gate.io, and Kraken.
What are the perspectives of the project?
The Sandbox is a decentralized platform that allows players to create their 3D gaming settings using visual scripting tools without knowing how to code. Players develop games and store stuff on LAND, The Sandbox’s digital real estate.
What is Decentraland (MANA)?
Decentraland is unusual because it allows players to be as creative as they want. LAND may be used for many things, like gaming, art, activities, digital tourism, etc. Districts, which are communities dedicated to specific topics, are also available in Decentraland. Aetheria, for example, is a cyberpunk-themed District.
MANA, Decentraland’s native currency, makes in-game purchases such as LAND. It’s also a governance token that gives its holders voting rights.
Decentraland is still in the early phases of expanding its user base, with monthly user counts in the hundreds. This is a two-edged sword for prospective investors. On the one hand, the platform may struggle to establish momentum. If it does, though, it has the potential for enormous growth.
MANA price history
MANA coin reached its all-time high of $5.85 on November 25, 2021, and its all-time low of $0.0092361 on October 31, 2017. It showed 333.34% growth in the past year.
Where to buy it?
MANA is traded on several exchange platforms, including Binance, Huobi Global, Coinbase, FTX, Bithumb, KuCoin, Gate.io, and Kraken.
What are the perspectives of the project?
Decentraland is a shared virtual reality platform built on the Ethereum network. It offers LAND parcels, which users can purchase and utilize in whatever manner they like, similar to other virtual worlds.
What is Gala Games (GALA)?
The price of Gala Games hit an all-time high in November, rising by about 550 percent in only one month. However, it has rebounded and is up over 100% in the previous six months. The platform claims to make “games you’ll truly want to play,” and it presently has many titles in development.
Town Star, a play-to-earn game in which players compete to build the best town, is currently the only one accessible to play. Among the seven games under development are a survival shooter called Last Expedition, an interplanetary strategy game called Echoes of Empire, and a tower defense game called Fortified.
GALA price history
The GALA coin reached its all-time high of $0.824 on November 26, 2021, and its all-time low of $0.000137 on December 28, 2020. In addition, it showed 644.2% growth in the past year.
Where to buy it?
GALA is traded on several exchange platforms, including Binance, Sushiswap, Gate.io, and KuCoin.
What are the perspectives of the project?
GALA, an Ethereum-based cryptocurrency, powers Gala Games. By recovering ownership of user-created content, this platform transforms the gaming industry.
What is Star Atlas (ATLAS)?
Metaverse tokens focused on virtual worlds, and gaming tokens focused on games have been divided. There is, however, a great deal of overlap between the two. For example, Star Atlas is both a metaverse and a gaming token.
Players sign up for one of three factions in a future reality. They may collaborate to build, mine for materials, explore, and trade. It’s a beautiful fantasy role-playing game.
ATLAS price history
ATLAS coin reached its all-time high of $0.2675 on September 4, 2021, and its all-time low of $0.0254 on November 6, 2020.
Where to buy it?
Axie Infinity (AXS) is traded on several exchange platforms, including Binance, Huobi Global, Coinbase, FTX, Bithumb, KuCoin, Gate.io, and Kraken, among others.
What are the perspectives of the project?
Star Atlas is a game that uses two in-game tokens: ATLAS and POLIS, and is built on the Solana (SOL) network.
Pros and cons
Let’s take a look at its pros and cons.
Worth to buy | Worth to getaway |
As crypto gaming becomes more popular, investors are becoming more interested. | Certain games are more affected by access hurdles than others. Axie Infinity, for example, requires the possession of three Axies to participate. |
Solana and Polygon have invested in early-stage blockchain games that employ decentralized finance to join the blockchain revolution. The sector may see a spike as more investors push crypto gaming sites. | During the procedure, you may misplace your tokens and NFTs. |
With blockchain, players can keep their debit or credit cards away. No matter how tiny payment is, this technology gives a decentralized means for it. There is no method for fraudsters to take information or influence the sector. | Some games restrict how many times you can withdraw tokens; crypto game tokens, like non-gaming cryptocurrencies, are subject to price fluctuations. |
Final thoughts
Even in crypto, gambling currencies are a risky investment. Nevertheless, a handful of businesses have had significant success in 2021. The question is whether this trend will persist or whether it is just a fleeting fad. Crypto stocks are an excellent alternative for those who don’t want to waste time researching game currencies.