Play-To-Earn is a type of earning model by playing Games popularly also known by the term P2E. In this model you may be rewarded for playing the game, winning the tournament, getting on the top rank list, playing time duration, and there are many other scopes of earning. For all these events you may get rewarded with tokens or with any other cryptocurrency-based rewards. This is playing a major change in the gaming industry, gamers are getting good options to continue this as full-time career opportunities. Below are the top 5 Play to Earn token and their utilities.
MANA (Decentraland):
Decentraland is a virtual reality platform and is powered by the Ethereum blockchain, here users can create, experience, and monetize content and applications. This platform uses two tokens MANA and LAND. MANA (ERC-20 token), needs to be burned in order to obtain non-fungible ERC-721 LAND tokens. Also Mana can be used to buy avatars, wearables, names, and other items on the Decentraland marketplace.
This platform is more of a virtual reality platform than a traditional play-to-earn cryptocurrency game, but it is worth considering when listing the best play-to-earn cryptocurrency games currently.
In Decentraland, a player can purchase land and build whatever he wants on it, including cities, buildings, and even a store. Store in Decentraland functions as an online store, allowing users to sell tokens and pay other users to keep their land secure while they are offline.
SAND (Sandbox):
Sandbox is a blockchain-based game that allows players to construct, craft, and survive in its unique blocky Metaverse. SAND is the game currency, and players can use it to construct a house or a castle to entertain guests and earn more tokens. It combines creativity, strategy, and survival skills, as do many other play to earn games. Players are encouraged to use the platform, buy and sell NFT, and have fun. They advance in level whenever they create a new object.
SAND is expected to be in circulation at 42%, with a value of around $1.07.
GALA (Gala Games):
Gala Games, as a blockchain-powered platform, provides a wide range of crypto game categories. It is more than just a platform where you can reward, buy, and sell tokens while being a part of a unique ecosystem created by the owners. The GALA coin currency could be traded on the NFT marketplace and sold and collected by a variety of cryptocurrencies at a fixed price. Every in-game item and inherit status collected by players will be blockchain assets, even if the player is suspended. In the future, the owners intend to integrate Gala Games into other crypto games, allowing you to transfer NFT from game to game.
TLM (Alien Worlds):
Despite its simple premise, this futuristic sci-fi adventure game is one of the most popular Play2 Earn games. Players could play, mine, and upgrade to create an immersive and one-of-a-kind gaming experience. The player revolves primarily around NFT alien species, which the player can capture and use to mine or find more useful items. More players, logically, provide more fun and a plethora of unique and interesting features. Alien Worlds, with the symbol TLM, is the official cryptocurrency of the Alien Worlds. These tokens can be exchanged with other players in order to win battles and missions. At the start of the game, there are also mining tools, land, and TLM deposits.
RUN (Bowled.io):
Bowled.io is the world’s first Play-To-Earn Gaming platform based on cricket. You can earn by playing games and challenging other gamers. Even beginners can participate in tournaments, climb the leaderboards, and earn rewards.
$RUN token is the utility token of the BOWLED platform, and if there is one project aiming for mass adoption, it is bowled.io. Let’s take a look at how BOWLED intends to be the Netflix of blockchain gaming in the Web3.0 era. BOWLED intends to host a series of games ranging from hypercasual to casual to mid-core, with an interchangeable asset base that will allow players to truly own their gaming assets and more. BOWLED has acquired a gaming studio and formed partnerships with several web2 gaming studios in order to develop its own gaming titles.
What’s amazing about BOWLED is that users don’t need to know anything about crypto, wallets, or anything else; they just need to create a regular account, just like they did with Web2 games. Users who are familiar with cryptocurrency can manage their own wallet and seed phrase, but if they don’t want to bother, BOWLED will handle it for them.
The $BWLD token will be at the heart of the BOWLED ecosystem; when someone buys assets with fiat, the BOWLED platform will buy an equal amount in tokens on a partner exchange, so the more users, the more transactions, the more buying pressure on the token, and the higher the price of the token.
The BOWLED platform is still in closed beta, but the team hopes to make it public by the end of the year. If you want to test out the platform ahead of time, you can sign up for the waitlist here: https://www.bowled.io/
Read more about Bowled.io here https://raydhack.com/worlds-first-cricket-based-play-to-earn-game-bowled-io/
Disclaimer: The information provided in this article is solely the author’s opinion. The Content is for informational purposes only, you should not construe this information as legal, tax, investment, financial, or other advice. Do your own research and invest wisely.
