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Top 10 Play-To-Earn Projects to Watch Out For In 2022 -Breaking


The Top 10 Best Play-To Earn Projects To Watch For in 2022

GameFi is a gaming-decentralized financial platform that is set to continue to thrive. GameFi gained mainstream acceptance through the adoption of the “play to earn” business model. This allows GameFi to re-engineer the traditional gaming experience.

GameFi was founded in response to legacy games studios (especially AAA developers or publishers) who were reluctant to embrace blockchain technology. They cited huge barriers as major obstacles to integration.

Although this is understandable, the main reason for concern is that blockchain technology still has a lot of work ahead. Many elements have been missing or are currently being developed.

Legacy blockchain technology could cause disruptions to existing players if it were to become mainstreamed by game developers. Problems such as high transaction fees and slow throughput speeds, price volatility, and low prices would be the most likely causes.

This could lead to a ruined gaming experience for traditional gamers.

With blockchain and crypto adoption remaining stagnant among “typical” game developers, there was ample room for the emergence of ‘GameFi,’ which has since introduced a new side to the gaming experience.

Arguably the most attractive aspect to GameFi is the ‘play to earn’ approach which technically describes an in-game economy that incentivizes players to participate and accomplish certain challenges, battles, or missions, depending on the model’s application.

The decentralized marketplaces used in P2E game economies facilitate trade activities among players. They allow for the exchange and trading of native tokens to other cryptocurrency assets.

GameFi has been growing in popularity due to its in-game P2E system. Players have found themselves a part of the game and have felt a sense if belonging. Here are 10 top play-to-earn projects that you should be watching in order of ascending importance in the midst of the gaming revolution.

10. Bomb Crypto
Bomb crypto is a pay to earn gaming project on the Binance Smart Chain. The game features a group of cyborg-bomber heroes who must search for BCOIN to unlock the Bomb platform’s native crypto token. They will then have to fight many monsters.

Player are tasked with assembling and managing a team of ‘Bomber Heroes’ whose job is to mine BCOIN tokens. BCOIN tokens can currently be bought on several exchanges on Binance Smart chain, including PancakeSwap (BKEX), LBank, etc.

9. Upland
The Upland property-trading game allows users to trade, buy and sell virtual properties that are mapped to real world addresses.

You technically can have a property in your preferred city as a player. You could, for example, buy a Brooklyn digital property through Upland and start your online business. It’s also possible to act as a collector and sell the profits of your in-game ventures.

According to its whitepaper, Upland’s ultimate goal is to bring the benefits of blockchain technology to the general public through a gamified experience. As such, the GameFi project’s core value proposition is rooted in the true ownership of all digital assets, made possible through the use of blockchain technology.

Upland’s goal is to establish a solid economy, blurring the lines between real and virtual worlds. It also provides a marketplace for stakeholders that allows them direct interaction.

8. Splinterlands
Play to earn is helping foster the next generation in collectible card games. Splinterlands allows users to sell and buy digital cards using unique identifiers.

Players can currently collect more than 500 NFT cards from the pool, which they can then use in different battles. To become an active player, users must first secure Splinterlands’ native cryptocurrency known as ‘SPS.’

Once acquired, SPS, which also doubles as the project’s governance token, is further integrated into the Splinterlands game by facilitating an increased level of decision-making and providing control over the products available to players, asset owners, and other stakeholders.

Splinterlands, which is gaining popularity among GameFi fans and investors alike, will be one to watch out for in 2022.

Axie Infinity, possibly the most important and fastest growing GameFi project around, should be high up on your list.

Axie Infinity, which is owned by and managed by its members, is quite unique in this space. It is tasked to purchase NFTs for cute monsters in order to pit them against each others in battle.

Through gameplay, Axie Infinity players can earn ‘SLP’ and ‘AXS,’ Axie’s native token, which can then be traded for real cash across a variety of supported exchanges. In addition to this, by acquiring AXS tokens, players obtain the right to participate in the platform’s decentralized governance, and ultimately contribute to the platform’s growth.

Axie’s in-game economy, which accommodates Ethereum-based cryptocurrencies, is perhaps the largest, currently boasting a monthly trading volume over $1.1 billion, and a daily engagement average of over 120,000 players around the world.

6. Alien World
Alien World in 2022 will be another exciting play to make money project. Alien World is similar to other NFT metaverse gaming sites. Players can compete with each other using digital NFTs.

By competing with one another, players who complete their missions earn Trilium (TLM), the in-game economy’s native token, which may then be used to take part in special Alien World missions that take players to various planets throughout the game.

You can also choose to create a group of players with whom you can take on various missions, make NFT drops and strategize for planetary politics.

Alien World’s cross-chain bridge function is another unique feature. This allows players to use Metamask to teleport between other blockchain networks such as the Binance Smart chain (BSC) and Ethereum.

5. Second Life
In this play-to-earn project, players, who are referred to as ‘residents,’ can create a virtual representation of themselves. The avatar, which is the player’s character, allows them to interact with others and the objects, locations, and objects in the metaverse.

Second Life, in other words, is a virtual three-dimensional world where every avatar is an actual person and each place was created by one of its residents. Second Life, as its name suggests, offers many possibilities just like real life. For instance, it’s almost impossible for residents to run out of places to explore with virtual music clubs, roleplaying communities, cinemas, and so much more available.

Second Life offers more than entertainment. Second Life bridges the divide between digital and real worlds. Users can use Second Life as a virtual hangout place, which provides a better experience than Zoom alternatives.

Second Life offers many ways for residents to make money. Users can, for example, create Cinemas and profit from ticket sales. Or trade NFT-related collectibles.

In this way, the Second Life marketplace is categorized by interests, such as animals, animation, art, audio & video, business, real estate, services, vehicles, and so on.

4. Decentraland
Decentraland can be described as an open-source protocol designed to encourage a worldwide network of users to create a virtual world.

Virtual ecosystem hosts a wide range of activities, including trading and gaming as well as buying and selling. However, one of the highlights of these activities is the play-to-earn economy which enables users to design and play mini-games and subsequently win MANA (the platform’s native token), NFTs, and cosmetic items in return.

In one example, creators could create a casino that allows other members of the metaverse to play and win collectibles. The profits from these activities can then be sold for tangible profit.

Decentraland was released in 2017 and since then has gained wide acceptance. After a land parcel was sold at an estimate $2.4 million, the platform made headlines. This led to a number of celebrities investing in Decentraland including Snoop Dogg. This project is definitely worth your attention in 2022.

3. Illuvium
Illuvium, which saw explosive growth in 2021 despite not being launched publicly yet, would complete this list. Even so, that hasn’t stopped the Ethereum-based play-to-earn project from becoming one of the fastest-growing P2E projects on the market, ranking eighth in the list of largest blockchain gaming platforms with an approximate TVL of $275 million within its economy.

This virtual role-playing game has been called the first AAA title in NFT cryptocurrency gaming. Illuvium, which is not just an RPG, has many crypto features. There will also be a huge world for players to explore once the game launches in this year.

It allows users to make fleshed-out characters as well as enjoy live gameplay in the virtual world. Competitors can gain NFTs and stake their assets on the online marketplace by participating in various activities.

2. Yield Guild Games
Yield Guild, also known as YGG, has been a popular play-to-earn project that gained widespread attention. Metaverse is known for connecting players to share their earnings through the various blockchain-based economies.

YGG was created to be a play-to earn platform, and not just for players looking to make money. It is constantly creating a community of people who want to participate in the P2E Economy.

In YGG’s services, players generate revenue by simply selling or renting their NFT assets, in addition to trading or exchanging their winnings for tangible monetary value.

1.DeFi Kingdom
DeFi Kingdom, despite being a fairly new project is the highest ranking. It is poised to be a strong competitor for more established projects. DeFi Kingdom is unlike other play-to-earn projects and has been designed to be extremely versatile.

DeFi Kingdom offers a variety of DeFi services, including liquidity pool opportunities (LP), a decentralized exchange, DEX, and rare utility-driven NFTs. This will allow the user to have seamless access to play to win.

The platform offers its own native tokens as well as custom/programmable ‘Heroes,’ which are characters that players use to compete in various quests, thereby earning more tokens. These NFTs are used to represent in-game characters. Players can equip these heroes with more gear to increase their chance of successfully completing quests.

DeFi Kingdoms ranks among the five top-ranking plays to earn projects based on trade volume. It boasts a weekly average transaction volume of $300 million and has 25,000 active users daily.


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