Gaming allows us to work together to develop interactive stories that span international borders. We have the ability to explore huge, limitless possibilities: universes that are far apart from our daily lives. We may be anyone or anything we want to be when we play video games. When you combine this attractiveness with the power of blockchain technology, it’s clear to see why blockchain gaming coins have evolved into a multibillion-euro business. Let’s take a look at the top 5 best gaming coins in no particular order:
MANA is Decentraland’s crypto token, which is based on the Ethereum blockchain and is a growing blockchain-powered virtual world. This virtual environment, which was founded in 2017, can be explored and utilized as a basis for producing multiplayer games. Hundreds of 3D things are available in the Decentraland Builder, which may be utilized to build or manufacture nearly anything in this virtual environment as game tokens.
Players can purchase, sell, and exchange these game tokens. Users can also use these free and accessible marketplaces to buy and trade Decentraland-related virtual parcels. It’s no surprise that Decentraland is one of the most popular crypto coins. Players can also use MANA to purchase in-game products such as avatar costumes, as well as the opportunity to vote on future Decentraland developments. A single vote is represented by a single MANA token.
Axie Infinity (AXS)
In Axie Infinity, users purchase, breed, and pit monsters known as Axies against one another in order to win in-game currency known as little love potions, which may be converted for real money. It follows the Play-to-earn business strategy.
Each Axie is a non-fungible token (NFT), a one-of-a-kind collectable that can be purchased or sold on external exchanges. Players must have at least three Axies to start battles, with the lowest costing roughly $200, with the highest recorded being upwards of $130,000. On a regular basis, players can pay out their tokens. Small Love Potion (SLP) and Axie Infinity Shard are the two sorts of tokens in the game (AXS). The SLP is the currency that players frequently earn and cash out. The AXS is a planned governance token that, once implemented, will give owners a voice in how the game is developed. Buy AXS here!
The Sandbox (SAND)
The Sandbox blockchain project based on Ethereum enables users to create and explore galaxies in a virtual universe. It used to be a mobile and PC game, but Animoca Brands bought it in August 2018. (and was brought into the blockchain sphere).
Players in the system can create and customize their own characters to access the Sandbox metaverse’s numerous landscapes, games, and hubs. The developed digital items can subsequently be monetized with NFTs and sold on the Sandbox Marketplace for SAND tokens. The Sandbox, unlike other popular play-to-earn games, does not have a predetermined gaming universe. Instead, it employs a dynamic approach that allows users to customize anything with free and simple design tools. SAND can be bought on WazirX.
Gala Games is Gala’s full name, and GALA is the token’s name. It is based on Ethereum, and Eric Schiermeyer, one of the co-founders of mobile games business Zynga, which generated games like Mafia Wars and Farmville, founded it in 2019.
Gala has a user base of 1.3 million people. Its goal is to provide those consumers with more control over their gaming experiences. “The initiative intends to change the reality that players can spend hundreds of dollars on in-game items, and countless hours playing the game, all of which can be taken away from them with the click of a button,” according to Coin Market Cap. Gala participants can possess NFTs (non-fungible tokens), which let them vote on new games and affect how they are run.
These NFTs, as well as in-game products, can be purchased using the GALA token. Currently, Gala One includes only one playable game, Town Star, and more games are currently in development. You can buy GALA here.
Flow – Dapper Labs (FLOW)
Dapper Labs, the organization behind the CryptoKitties blockchain game, released Flow in 2020. The Flow playground lets developers generate and exchange non-fungible tokens, a sort of digital asset. An NFT is similar to other crypto assets that may be purchased, sold, and traded without the use of a middleman over the internet. Dapper Labs is currently working on new platforms with Flow that will allow these types of applications to reach a wider audience.
Another cool aspect is that the team of developers behind FLOW have created this tool for aspiring devs to familiarise themselves with Cadence, the native language that is used to write Flow. Buy FLOW on WazirX!
Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.