In 2021, the gaming industry made an estimated $ 175 billion. As blockchain technology has become more prevalent in gaming, gamers now enjoy rewards for their efforts, with some earning up to $ 2,000 per hour on crypto games like Axie Infinity.
As their popularity increased, so did their token prices. The sandbox wowed retail and institutional investors when its coin surged more than 800% in a month.
Recent studies predict that games, especially the game-to-win (P2E) model, will increase by more than 20% by 2022, with blockchain and crypto the most suitable technology and in-game cash to support the business. As AX and SAND pique investor interest, here is a list of the top emerging blockchain gaming projects to watch out for.
After a recent increase of almost 100,000% in the last 90 days, the latest addition to the field of blockchain gaming is entering the crypto world and playing with big players. Although $ JED is a DeFi token on JEDSTAR DECO (decentralized ecosystem), the company will soon introduce its GameFi $ KRED token.
The company has more than 100 games in development that will use $ KRED as in-game currency and has partnered with other game developers and studios to provide its cryptocurrency as a service. This ambitious initiative will not only produce internal games and an NFT market, but will also form strategic blockchain and non-blockchain alliances.
It is another cryptocurrency based on Ethereum. As in the Second Life game, players are encouraged to create 3D products in the game for sale. The Decentral and MANA cryptocurrency is used to sell digital land and can also be used to trade 3D objects. The game is operational and shows the possibilities of the crypto game.
Partnerships with Atari (ATRI) and Decentral Games (DG) could bring a world casino to Decentraland. If you want, you can play the game now!
GALA Games (GALA)
Eric Schiermeyer, co-founder of mobile gaming startup Zyn, also a creator of games like Mafia Wars and Farmville, designed GALA, an Ethereum-based currency. The company’s goal is to give users better control over their tournaments.
The platform has 1.3 million active users. NFT owners on the platform can vote on new games and influence the game. The GALA token is used to buy NFT and gaming products. While other games are in development, Town Star, a virtual city builder similar to Sim City, is available now.
Cryptocurrency games are all the rage. Play-to-Earn games will make current games disappear. Since real estate is exciting. This is especially true in the gaming industry, where people can now earn huge sums of money for their efforts and enjoy exciting games.