In the evolving world of gaming, play-to-earn games have emerged as a lucrative trend, allowing players to earn cryptocurrencies from their virtual achievements. These games, powered by blockchain technology, offer real-world value for in-game activities. To help you navigate this exciting space, we’ve compiled a list of the top 10 cryptocurrencies integral to play-to-earn games. This guide will provide insights into these cryptocurrencies, their associated games, and how they can be used to maximize your earning potential.
Based on today’s data from CoinGecko, here are the top 10 Play-to-Earn cryptocurrencies:
- Axie Infinity (AXS)
- Decentraland (MANA)
- The Sandbox (SAND)
- Enjin Coin (ENJ)
- MyNeighborAlice (ALICE)
- Yield Guild Games (YGG)
- Illuvium (ILV)
- Star Atlas DAO (POLIS)
- Smooth Love Potion (SLP)
- Gala (GALA)
Now, let’s dive into each one and see how they work with their respective games and how they can help you earn money.
Axie Infinity (AXS)
Axie Infinity is a Pokémon-inspired universe where anyone can earn tokens through skilled gameplay and contributions to the ecosystem. Players can battle, collect, raise, and build a land-based kingdom for their pets.
The Axie Infinity Shard (AXS) is the native token of the game. Players earn AXS tokens by playing the game, and these tokens can be used for governance decisions, staking, and in-game purchases. The value of AXS tokens fluctuates based on market conditions, meaning players can potentially earn a significant income from playing Axie Infinity.
Decentraland (MANA)
Decentraland is a virtual reality platform powered by the Ethereum blockchain. In Decentraland, users can create, experience, and monetize their content and applications.
The native currency for Decentraland is MANA, which players can use to purchase land and other items within the game. As with other cryptocurrencies, the value of MANA can increase or decrease over time, providing an opportunity for players to earn money.
The Sandbox (SAND)
The Sandbox is a community-driven platform where creators can monetize voxel assets and gaming experiences on the blockchain.
The Sandbox uses the SAND utility token, which allows players to play games, purchase equipment, or even create games themselves on the platform. SAND can be traded on various cryptocurrency exchanges, providing a way for players to earn from their gaming activities.
Enjin Coin (ENJ)
Enjin is a platform that uses blockchain technology to create digital assets for use across multiple video games. Their products allow game developers to tokenize in-game items on the Ethereum blockchain.
The Enjin Coin (ENJ) is used to back the value of these blockchain-based assets. Players can earn ENJ by playing games that use Enjin’s platform and can trade or sell these assets on Enjin’s marketplace.
MyNeighborAlice (ALICE)
MyNeighborAlice is a multiplayer builder game, where players build their own virtual lands, interact with neighbors, perform activities and earn rewards.
The native currency of the game is ALICE, which players can earn through gameplay and use to buy items or lands in the game. ALICE can be traded on various cryptocurrency exchanges.
Yield Guild Games (YGG)
Yield Guild Games is a decentralized gaming guild of players and investors who generate yield from NFT-based games.
The YGG token is a utility token that allows token holders to govern the guild’s activities. Players can earn YGG tokens by participating in the games that the guild invests in.
Illuvium (ILV)
Illuvium is an open-world fantasy battle game built on the Ethereum blockchain. Players capture creatures known as Illuvials and use them to fight in Auto Battler style combat.
ILV is the native token of the game. Players can earn ILV through gameplay and use it for governance decisions, staking, and in-game purchases. The value of ILV tokens fluctuates based on market conditions, meaning players can potentially earn a significant income from playing Illuvium.
Star Atlas DAO (POLIS)
Star Atlas is a massive multiplayer online (MMO) space-themed game that leverages blockchain technology. The game features a virtual gaming metaverse where players can explore space, land on planets, trade with other players, and battle each other.
The Star Atlas DAO (POLIS) is the native governance token of the Star Atlas game. Players earn POLIS tokens by playing the game and participating in the game’s governance. These tokens can be traded on various cryptocurrency exchanges, providing a way for players to earn from their gaming activities.
Smooth Love Potion (SLP)
Smooth Love Potion (SLP) is an ERC-20 token that is used in the Axie Infinity game. Players earn SLP through gameplay, which can then be used to breed new digital pets, known as Axies. SLP can also be sold on various cryptocurrency exchanges, providing a way for players to earn income from playing Axie Infinity.
Gala (GALA)
Gala Games is a blockchain gaming platform that aims to redefine the world of gaming. The platform’s native token, GALA, is used to purchase in-game items and participate in the platform’s governance.
Players can earn GALA tokens by playing games on the Gala Games platform. These tokens can be traded on various cryptocurrency exchanges, providing a way for players to earn from their gaming activities.
These Play-to-Earn cryptocurrencies provide a unique opportunity for gamers to earn income while enjoying their favorite games. By understanding how these cryptocurrencies work and how they can be earned and used, players can maximize their earning potential in the Play-to-Earn gaming space.
