10 Cryptocurrencies Fuelling the Future of Gaming

The modern gaming industry is undergoing a massive transformation as more and more people get attracted to play-to-earn and move-to-earn models. With the emergence of Web 3.0 technology, the market has seen immense growth, which has helped it cross the multi-billion dollar mark. Crypto-powered, blockchain-based gaming has upped the ante by presenting numerous new opportunities for developers, gamers, and companies.

Also read: 10 Best Free Copy Trading Platforms and Apps for 2023

The Top 10 Cryptocurrencies Fueling the Future of Gaming

To navigate through the complex world of cryptocurrencies and gaming projects, we’ve compiled 10 of the best cryptocurrencies that are fueling the future of gaming.

Axie Infinity (AXS)

Axie Infinity is a non-fungible token and online game launched in 2018. The project became highly popular in 2021 after attracting the attention of several investors and gamers. It allows players to buy and sell their “Axies” on gaming marketplaces for real money. The project is powered by Ethereum and features a play-to-earn business model.

Thanks to engaging and addictive gameplay, a play-to-earn model, and a carefully designed economy, Axie Infinity has created a sustainable and rewarding gaming experience while also providing a source of income for users. Currently, AXS is valued at $5.06.

Gods Unchained (GODS)

Gods Unchained holds the distinction of being one of the first games to make use of blockchain technology. It originally launched as a free-to-play NFT-based card game.

Gods Unchained allows players to mint items and cards to gain exclusive ownership. They also have the freedom to purchase, sell, and trade cards beyond the gaming ecosystem. The current value of GODS is $0.1145.

Voxie Tactics (VOXEL)

Voxie Tactics has been a well-known project in the Polygon gaming scene for the last 2 years and only exploded in 2023. It has achieved quite a positive reputation for its uniqueness, as it allows players to play and earn without any upfront investment.

Voxie Tactics is a turn-based strategy game that allows players to build, control, and customise their own team of voxies to fight against their opponents. The current price of VOXEL is $0.1364. 

Silks (STT)

Silks is a new and exciting NFT game that aims to mimic the exciting sport of horse racing. Launched in 2023, the game provides ownership of thoroughbred horses. Players can expect great rewards depending on the performance of the real-world counterparts of their purchased horses (NFTs).

The game allows users to purchase land and horse farms to win races and breed offspring. The project managed to raise $2 million and release the Silk Genesis Avatar NFT collection in April 2023. 

Illuvium (ILV)

Illuvium is a blockchain-based 3D fantasy game built on the Immutable XL2 network. Players can traverse an uncharted landscape, find obelisks and creatures, and collect unique extra-terrestrial creatures known as illuvals.

The project launched its open beta in Q1 of 2023. The main objective of the game is to compete against other players in the “Battle Arena” and win rewards. At the moment, ILV is priced at $44.92.

Sorare (SORARE)

Founded in 2018, Sorare is a fantasy sports game and marketplace that allows users to purchase, sell, and complete officially licensed MLB, NBA, and global football digital cards.

In Sorare, users can create their own fantasy teams using these cards and participate in events as they see fit. They also have the option of trading those cards with other users or cashing them out for crypto. 

The Harvest Game (THEHARVEST)

The Harvest Game has presented the classic MOBA shooting genre in a new form. As a multiplayer game, it allows users to form teams on the planet O’Ree-Jin. They will have to battle against other civilisations and harvest as much essence as they can.

The Harvest is available only as an alpha version to a handful of players, with plans to release the open beta version very soon. The project also plans to release EOL and HAR as in-game tokens.

Big Time (BIGTIME)

Big Time is a blockchain-based RPG game made by Big Time Studios. The game presents a combination of fast-paced combat and NFT collectibles to create an immersive experience.

It is an exciting role-playing game offering fantastic gaming experiences to users comparable to other titles such as Axie Infinity.

FightOut (FGHT)

FightOut is a newly launched Web3 game that aims to the fitness industry by leveraging blockchain. It distinguishes itself from other M2E projects by monitoring full-body workouts.

The official app can track the nutrition, sleep, and other vital metrics of users. The project focuses not only on strength and conditioning but also on the mental aspect. Users can also take advantage of expert-level coaching and tutorials to get a better understanding of how to properly execute various moves in the game.

Battle Infinity (IBAT)

Battle Infinity is an online gaming platform that offers an immersive, metaverse-based experience. Here, players can battle against each other in a variety of P2E battle games in addition to exploring and interacting with a carefully designed virtual world.

Battle Infinity also provides a play-to-earn gaming store where players can compete with others and earn rewards. They can exchange these rewards for other cryptos using the project’s token swap service. 

Conclusion 

The above projects present an opportunity for users to get into a profitable venture, be part of the burgeoning blockchain-gaming sphere, and make money through passive income.

Frequently Asked Questions

How Does Blockchain Influence Gaming?

With blockchain, developers can monetise their assets and transfer them outside of virtual games. They can also make payments more secure using native tokens, making them profitable investments. 

How Profitable Are Blockchain Games?

Blockchain gaming has allowed some players to earn up to a million dollars. This is evidenced by the total revenue generated per quarter, which is usually in the billions. 

What Was the First Blockchain-Based Game to Be Released?

The first blockchain-based game to be released was CryptoKitties in November 2017. It is a game that allows players to collect and sell digital kittens as NFTs. It made headlines in 2017 when it sold one digital kitten for more than $100,000.