Play-to-earn (P2E) games are blockchain-produced titles that reward gamers with digital cash or non-fungible tokens (NFTs) for overcoming challenges or success in tournaments. Since the lockdowns of the COVID-19 pandemic, these GameFi titles have grown in popularity and are showing no sign of slowing down.
This makes crypto gaming one of the most attractive spheres for potential investors with good profits to be made, even during the current bear market that’s affecting the likes of BTC.
Here are 10 of the top companies offering play-to-earn games to invest in during 2023:
- Metacade (MCADE)
- The Sandbox (SAND)
- Decentraland (MANA)
- Axie Infinity (AXS)
- Gods Unchained (GODS)
- My DeFi Pet (DPET)
- Alien Worlds (TLM)
- Illuvium (ILV)
- CryptoBlades (SKILL)
- Silks (STT)
1. Metacade (MCADE)
Metacade is a blockchain-created multi-title virtual gaming arcade set to revolutionize the GameFi industry with its innovative and multi-layered roadmap. Boasting a vast array of addictive P2E titles as well as offering other earning opportunities for users, Metacade promises to be a leader as metaverse gaming continues to grow.
Highlights of the platform’s exciting white paper include the ground-breaking Metagrants scheme, which is a source of funding that gaming developers can apply for to turn gaming ideas into reality following a community vote, the jobs board launch in Q1 2024, which will host the best careers opportunity in Web3 and GameFi development, and the transition into a fully-functioning and self-sufficient decentralized autonomous organization (DAO) by Q4 2024.
With its beta presale phase raising $1.5 million in just over four weeks, Metacade is an excellent option for play-to-earn games to invest in during its presale. This investment will likely turn into a significant profit over the coming months and years.
>>> You can participate in the Metacade presale here <<<
2.The Sandbox (SAND)
The Sandbox is a decentralized blockchain hub that boasts excellent accessibility and doesn’t require an IT diploma. Gamers can build, create, share, and trade characters, games, and 3D metaverse worlds in a blocky aesthetic similar to Minecraft and Roblox.
It is one of the most easily useable blockchain gaming platforms, with its simple-to-use plug-and-play game creation moods being extremely simple to use. People with no background in coding can use this intuitive tool to create in-depth worlds and games for others on the platform to play.
The more users build, the better the earning potential to sell and trade NFTs. With around 50% of SAND tokens available for purchase, SAND’s already established popularity amongst crypto gamers makes it one of the most promising companies offering play-to-earn to invest in, with excellent potential profits to be realized.
3. Decentraland (MANA)
Decentraland is an open-world virtual reality space that allows users to purchase their own virtual real estate plots and create 3D worlds. Plots are available in the form of LAND tokens, and once they’ve been purchased, users can create anything they want, from opening an online store to earn MANA tokens to building a virtual theme park, as Warner Music has done.
The platform is a DAO meaning that the fully immersive virtual reality world is governed and led by its community users. This sets Decentraland apart from other virtual reality worlds in the metaverse since users vote on the world’s future direction and governance policies.
Decentraland’s metaverse is forever evolving with the creation of new projects and has attracted some big names to the platform in the world of popular culture and big business. Paris Hilton, JJ Lin, and JP Morgan are amongst those to have purchased virtual plots in Decentraland, having a knock-on impact on the price of specific nearby LAND tokens. These big names and the continual evolution of Decentraland’s environment make MANA a perfect option for anyone looking at companies offering play-to-earn games to invest in.
4. Axie Infinity (AXS)
One of P2E’s biggest titles, Axie Infinity, is a trade-and-battle game similar in style and tone to Pokemon Go. Gamers collect, raise, and breed Ethereum-minted NFTs called “Axies” before battling them against other online users, with the winner of each battle winning rewards.
There are dozens of different types of Axies gamers can choose from, and each of with comes with endless possibilities for customization and development. Rewards come in Smooth Love Potion (SLP) tokens, which can be sold for AXS coins, the game’s native token.
Although Axie Infinity’s user base has significantly declined during the current bear market from its high of 2.78 million at the start of 2022, leading to SLP losing more than 99% of its value, the game’s solid and loyal following in Southeast Asia assures the platform of an exciting future.
With more than 60% of the overall supply of AXS coins available to purchase as of December 2022, AXS looks like a good bet to rebound in 2023, making it an excellent choice crypto fans who are looking for companies with play-to-earn games to invest in.
5. Gods Unchained (GODS)
Gods Unchained is one of the metaverse’s most popular NFT trading games, which not only offers gamers excellent P2E opportunities but, unlike most GameFi titles, is also free to play. This makes it an excellent entry point for anyone looking for an introduction to metaverse gaming.
Gamers collect cards and compete against other players in battles and duels to earn rewards. Ethereum blockchain technology gives gamers digital ownership of their cards and allows them to manage, trade, and buy to provide them with the best chance of battle success.
The native coin of the platform is the GODS token, which allows players to purchase card packs and chests and create their own NFTs and stake tokens to gain rewards. This provides a much deeper gaming experience than traditional real-world card-trading games can offer. With plans to release seasonal game packs and a loyal customer base, GODS looks set to continue leading the Web3 competitive card trading space for some time.
6. My DeFi Pet (DPET)
DPET is the native token of My DeFi Pet, a blockchain-based game that allows users to raise virtual pets. Gamers of a particular vintage will remember Tamagotchis; My DeFi Pet expands that idea with the benefit of Web3 technology.
In addition to raising pets, gamers can buy, sell and trade pets on the in-game marketplace. Customized NFTs of their pets can be created with options including changing their color, eyes, and head shape, adding wings, and evolving their fur patterns.
DPET coins are used to buy items on the game’s website or in the marketplace to trade NFTs and buy pet food, clothes or accessories for pets. With just 16% of the 100 million DPET coins currently in circulation, there is an enormous opportunity for My DeFi Pet to grow in 2023 and for profit to be made by investors looking for play-to-earn games to invest in.
7. Alien Worlds (TLM)
Alien Worlds is the metaverse’s leading alien-based sci-fi adventure P2E game. The game’s objective is simple. Play, mine, and upgrade NFT alien species that can be used to find different items and give themselves the best chance of success.
Each player is given a shovel to begin mining the native coin, Tilium (TLM), on a chosen land plot. TLM is then used to acquire NFTs in the in-game trading space and can be staked in return for consultation on the game’s governance and decision-making process. There is also scope for TLM holders to gain passive income by renting their land, winning battles against other users, and through coin staking.
Approximately a third of the available supply of TLM coins is in circulation as of December 2022. With Alien Worlds leading the sci-fi GameFi experience, opportunities for play-to-earn games to invest in during 2023.
8. Illuvium (ILV)
Illuvium is a high-selling digital land and gaming platform for PC and Mac users. Using the Ethereum blockchain, users can play this sci-fi adventure game that allows the exploration of seven alien landscapes. The game’s object is to collect NFT creatures and battle against other users to gain rewards.
The game has more than 100 monsters that rule alien territories and can be collected, trained, and combined to make them more powerful. These creatures are called Illuvials. Rewards are provided to players in the form of ILV tokens for completing quests, competing in events and tournaments, and staking ILV on battles in the Leviathan Arena.
Illuvium’s enticing story arc likely attracts many new players in 2023, making it an attractive investment opportunity for P2E fans.
9. CryptoBlades (SKILL)
Cryptoblades is a Binance Smart Chain-hosted roleplaying game (RPG) that uses the SKILL token as the native coin. Players purchase SKILL tokens to purchase characters and buy or create weapons to take on opponents in battles.
The idea of the game is simple, create the most potent characters possible and win battles against enemies to earn rewards in the form of SKILL tokens. These tokens can be withdrawn, sold, or used to buy other in-game assets, such as weapons, to make them even more powerful.
More than 90% of the platform’s supply of one million tokens is currently in circulation, meaning that P2E investors interested in the potential of CryptoBlades as a company offering play-to-earn games to invest in need to act quickly to see a potential profit on their funds.
10. Silks (STT)
Silks is an immersive metaverse fantasy horse racing game that allows gamers the opportunity to realize their racehorse ownership and training dreams. By tracking the development of a horse from its birth through to the racetrack, Silks’ unique Web3 offering has a huge potential audience to cultivate.
Players can breed, buy and trade horses on the in-game marketplace using STT tokens. Passive income can be earned through competing in horse races and winning prize money, just as in real life. With more than 10,000 horses available, each of which has its own identity and asset ownership, Silks has enormous gameplay depth.
In addition, players can buy land to build a horse farm, breed their own horses and share in the real-world success of their counterparts. Silks look set to break through in 2023 providing excellent returns for investors buying now.
In Summary
2023 is a year of continual growth in metaverse gaming, building on the successes of 2022 despite the sluggish crypto markets. While each of the ten P2E titles listed here has attractive selling points, Metacade looks to be the best bet for investors looking for opportunities in 2023.
The wide-ranging and multi-layered roadmap and plans to migrate into a fully-fledged DAO and the rich earning potential on the platform make Metacade a hugely attractive investment option. With the presale currently in the 1st phase and MCADE tokens available at $0.01, early profits are available for those that invest sooner rather than later as the price increases to $0.02 when the presale concludes.
You can buy the top P2E gaming tokens at eToro here.
You can participate in the Metacade presale here.
The post Top 10 Play-to-Earn Games To Invest in During 2023 appeared first on Invezz.