Play To Earn Games Explained

Earning cryptocurrency while having fun is one of the main reasons play-to-earn games, like Axie Infinity, have become so popular.

Play-to-earn games are mostly video games where the player can receive rewards with real-world value, such as cryptocurrencies and NFTs. They are games that harness crypto to reward players with something that has value in the real and virtual worlds.

It is possible that these rewards will be in the form of NFTs, which represent in-game assets such as a virtual tool or weapon. Once acquired, these items can be exchanged for other in-game items or sold on the NFT marketplace for real money.

P2E (pay-to-play) games, which use blockchain technology to reward players for their time commitment, have now entered the mainstream and can be found on nearly every metaverse platform.

In some countries, these “play-to-earn” games enable gamers to make a living by playing video games, with scholarship programs and academies springing up to help players navigate this new world.

5 Play To Earn Games That Will Blow Up In Q2 2022

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1. Decentraland

The virtual reality platform Decentraland allows players to build their own 3D worlds by purchasing land and developing it on the platform. Players who purchase land have the freedom to build anything on it, from a standalone game to an online store that’s ready for business. While a player isn’t online, they can pay other players to guard their land.

You must have an Ethereum wallet in order to buy and store the platform’s MANA currency on Decentraland. After that, they’ll be able to start taking part in platform activities.

MANA tokens can be purchased on popular exchanges listed on coin market cap, such as Binance.

2. Unix Gaming (UNIX)

Unix Gaming aims to bridge the gap between players and peer-to-peer (P2P) video games. It is built on a DAO.

With the UNIX token and DAO vaults, users can earn a high yield by using a variety of utilities. Unix recently announced a partnership with The Sandbox, one of the leading metaverse gaming companies, and raised US$ 28 million in funding.

As a result of incentives, academic events, activities, and money-making efforts, Unix believes it is still on track to produce a strong community. It had 200,000 neighborhood members, 20 Esports teams, and 10 million stream viewers as of February 2022.

3. MonkeyLeague (MBS)

Solana blockchain technology, decentralized financing, and non-fungible tokens are all integrated into MonkeyLeague to create a P2E soccer game. It’s possible to create an in-game portfolio as well as a collection of specialized collectibles on the gaming platform.

The game, which was renamed MonkeyBall, recently raised $3 million in funding. Users can take control of a team of four monkeys and compete against other players. It is possible to win MBS tokens by purchasing arenas and also by attending matches as a spectator.

4. Lucky Block

On the Binance Smart Chain (BSC), a new crypto-gaming platform, Lucky Block offers players the opportunity to win a jackpot every day. The native token of Lucky Block, LBLOCK, is used to pay out these jackpots, so the prizes can be distributed quickly.

It was only earlier this year that the LBLOCK token began trading on decentralized exchanges, with a 12 percent tax on token sales going straight to the prize pool of Lucky Block. Consequently, a total of $2,200,000 has been set aside for prize draws to begin in May 2022. Each winner will be selected using the Chainlink VRF service at random, ensuring that Lucky Block complies with all applicable regulations.

Tickets for the daily prize draws of Lucky Block can be purchased for $5 in LBLOCK. On the Lucky Block website, users can purchase BNB with a credit or debit card before exchanging it for LBLOCK in minutes. Notably, LBLOCK holders who connect their cryptocurrency wallet to the Lucky Block platform will also receive a free entry into each daily prize draw.

Lucky Block will offer additional P2E features, including a vast array of digital and physical item raffles and these prize draws. There will also be a ‘Games Gallery’ component containing geo-targeted P2E games, giving players even more chances to win prizes. Moreover, holders of Lucky Block NFTs will be entered into a separate daily prize draw that runs concurrently with the platform’s main draws, giving them two chances to win each day.

The fact that there are now over 46,000 members in the official Telegram group demonstrates that these features of the Lucky Block platform have contributed to a tremendous amount of hype. With upcoming prize draws, Lucky Block is unquestionably one of the best play-to-earn games.

5. Gods Unchained

Gods Unchained is a 2D P2E platform that utilizes the blockchain to port the popular world of trading card games. Gods Unchained structures each playing card as an NFT, which is the principal benefit of this strategy. This gives players “true ownership” of the cards and ensures that the attributes of each card cannot be altered.

Gods Unchained contains multiple play-to-earn mechanisms. The first is earned by playing the game. Players gain experience with each Ranked match, contributing to their account level. When a player advances in level, they receive a Core card pack as a reward. Additionally, players earn Flux while playing. Duplicate Core cards can be combined with Flux and $GODS to create a Core card with the Meteorite rarity that can be sold to other players.

Weekends are when the second play-to-earn feature occurs. Every weekend, beginning on Friday morning, Gods Unchained hosts an in-game tournament. Players are awarded prizes based on the number of matches they win during their initial 25 games. The rewards consist of packs from the Core Set and the most recent expansion. In addition, Mythic-level players who finish in the top ten overall receive additional prize packs at the end of the weekend.