The ‘Crypto games play to earn’ model is growing at a tremendous rate. Games all over the world generated $155 billion in revenue in 2022. Lately, this gaming ecosystem has expanded its reach toward blockchain.
People are adopting Crypto games to earn games. Increasing affinity towards AI and VR is bringing them close to these games.
Numerous Games with crypto and NFTs rewards have been launched in the market.
These games have interesting features to keep their players hooked. Most of the games are based on a play-and-earn model. You play the game and collect points and withdraw the money.
How to play games while earning crypto?
Once upon a time, the gaming industry was based on play-to-pay and free-to-play games. But now the tables have turned. Crypto games play to earn are a popular scheme now.
Games offer you to play. They award points and credits to spend more time on their platform.
This all is happening really fast. But these games are simple like every other game. However, they may have different obstacles. For instance, different levels, racing tracks, or battle zones. However, Mostly they are played online.
But Before playing blockchain-based games get familiar with these few terms.
Crypto is also a currency. But it exists virtually or digitally. Crypto coins do not have central issuing authorities. They are based on a decentralized system.
Crypto exchange also takes place virtually. There are multiple crypto coins available now. Financial experts see them as new digital assets.
You can learn about the best cryptocurrency to invest in 2022.
You can also read more about crypto on What is crypto & How does it work?
What is Blockchain?
Blockchain is a distributed database. In simple words, it is a public digital ledger that records transactions and tracks assets. In this system of networks, cryptocurrencies are maintained across several networks.
What are NFTs?
NFTs or Non-fungible tokens. These are unique digital assets. They may have millions worth of millions. NFTs are highly valuable assets. Their market cap is increasing every day.
Also read: How to invest in cryptocurrency in India
TOP 5 games to play and earn crypto
The gaming market is filled with abundant options. But we have picked up the best for you. We have selected the five most interesting and rewarding games you can play to earn crypto.
5 Best Crypto Games Play to Earn
Axie Infinity is one of the most popular Crypto games played to earn. It has earned its fame by providing income to many households in developing countries. Axie Infinity is immensely popular in countries like the Philippines, and Venezuela.
You can play Axie Infinity with Axie, the character of this game. You need three Axis to begin the game. Either you can buy Axies from Axie infinity marketplace. Or you can purchase eggs from Axie labs and wait till they hatch into Axies.
Later on, you can sell these Axies in the marketplace and earn money via it. Axies are NFTs and they can be worth hundreds and thousands.
Your Axies will battle against other Axies to earn Axie Infinity Shards (AXS), a native token.
Decentraland is a metaverse. You can start here by buying a plot of land. Later you organize events and games here to earn money. By launching interesting events and games you can charge your audience to play or join.
Decentraland is quite popular among crypto lovers. It offers great Crypto games play to earn opportunities.
Decentraland might be a little complicated. But it also has high earning potential.
Forest Night is based on ETHEREUM coins. It has a storage value of 283 MB. Forest Night is a strategy-oriented game.
In this game, you will get an open land where you need to keep moving forward. Fighting enemies and getting rewards are part of the process. It also has many levels. The higher you get the more you stand a chance to win rewards.
After playing for 6 levels you can play with real players. In return, you can earn valuable NFTs. You can sell or trade this NFT in Forest Knight’s marketplace.
The more you will play the more tokens you will earn.
Battle Racing Stars is also an NFT-based game. It is only 87 MB.
It is a simple and fun game. In Battle Racing Stars you will earn rewards in the form of NFTs. It is basically a racing game. It also has several characters.
You can also take the help of this character to discover more rewards and fight enemies.
With each increasing level, you will stand more chances of earning NFTs. You will also be able to sell and trade these NFTs.
Thetan Arena is based on the Binance blockchain. The game is of 135 MB only.
You can earn crypto tokens here. However, It is quite similar to BGMI or PUBG. You will have a team of 4-5 players. These players will fight with the enemy team. Whoever wins earns rewards.
You will also be able to trade your characters. Better characters will help you earn better coins. The more you will play the better you will get.
Apart from playing games, learn about the best crypto for investment.
Should I play Crypto Games ?
Crypto is still not legal in many countries. However, 103 countries have made regulations around it. But you still need to be cautious about it.
Playing online games is not gambling. But some risks are involved in it. Because You can get addicted to such games. If you play for long hours it will put a lot of pressure on your eyes and mind.
However, sometimes playing such games is fun. You can enjoy these games to relax.
But make sure you do your own research before getting involved in it. Also, try to learn about all the technicalities of the crypto world. It will help you understand it better.
Research thoroughly about a game before you get invested in it. Play at your own pace. But do not get addicted to such games.
Also read about crypto tax in India.
Future of online games– Crypto Games Play to Earn
In the upcoming years, we are expecting the launch of more advanced games. Games that will have more interactive features.
By 2025, the gaming industry is expected to produce revenue worth $260 billion. Not only playing games can help you. But creating such games can also make a good fortune for you.