Stacia K. from Encinitas, California
Purchased Why Cant I Be Rich Instead Of Good Looking Tank Top.
Even as global cryptocurrencies and markets continue to crumble over the past few months, the broader ecosystem remains as vibrant and energetic as ever.
The market is now looking beyond the speculative frenzy that surrounded alt-coins, meme coins, and NFTs in recent years, in pursuit of real utility and value creation.
As a result, popular play-to-earn (P2E) games have since emerged a clear winner in this regard.
The dream of making a living while playing video games, and contributing to an expansive virtual community has been alive and well since the time of Runescape in the early-2000s.
In fact, the concept of virtual currencies were initially pioneered by MMORPGs, so it seems only logical that video games continue to anchor such novel concepts before the broader real economy is ready for mass adoption.
In recent years, the goto mantra for life changing wealth creation has been to trade cryptocurrency with SoFi, or any of innumerable platforms and avenues that have since made it mainstream. This, however, has hit a rough patch, with values, and volumes plummeting in recent months. Gaming, and play-to-earn, however still offer plenty of opportunities, and are likely to host the next gold rush.
With the flurry of activity being witnessed in this segment, here are a handful of P2E games that show the most promise, and remain worthy of investing time and money.
An early pioneer of this concept, Axie Infinity perfectly symbolizes what the near-term future looks like for P2E games. The game has since lured millions from across the world, tasked with completing objectives and breeding axies, which can then be sold as NFTs on its marketplace.
The game came under criticism when it was revealed that millions of people across Venezuela and the Philippines were being paid to breed axies and complete objectives. This, however, fits perfectly into the future offered by such games, that is, allowing millions to make money by adding value, and enhancing virtual worlds.
Another worthy contender is Sandbox, which has something to offer for gamers, creators, and investors alike. The game takes NFTs to a whole new level with tradable virtual real estate, which can be rented out to earn SAND.
The platform allows artists to create a wide variety of assets using its VoxEdit tool, which can then be sold on its marketplace. Landowners can further create their own games, or experiences on the platform, with little-to-no coding knowledge required.
A popular platform, which again focuses on virtual real estate, with plenty of options to create digital assets, and earn the game's native token MANA. Similar to The Sandbox, Decentraland provides users with a builder tool to create experiences and assets, along with an integrated marketplace to monetize the same.
With over 90,000 individual plots of land, each selling for over $3,000, this is a multi-million dollar virtual economy, with high-stakes, and plenty of potential. Plots acquired on Decentraland have since been resold for as much as $2.4 million, but it remains to be seen how this lucrative world turns into engaging gameplay going forward.
A virtual horse breeding game with substantial realism, starting from the birth of horses, to raising them, their development, physical traits, and performance, among other things.
Here again, players can purchase virtual real estate, which can be turned into a stable, with various additions to further enhance its workings, and overall value, which can then be traded on the portal's marketplace.
Player's can also participate in horse races, speculate on them, or trade their horses as NFTs, making this as close to the real world of horse racing as possible.
These are undeniably exciting times for play-to-earn games, with a lot of creative ideas and developments coming to the fore.
In just a few short years, working and contributing towards a vibrant immersive virtual economy could very well become a profession, with full-time earning potential, and a great way to earn cryptocurrency with little-to-no investment.
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Stacia K. from Encinitas, California
Purchased Why Cant I Be Rich Instead Of Good Looking Tank Top.
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