Gaming platforms where users can make money while playing are becoming increasingly popular. Which is no surprise because who wouldn’t want to earn while playing games?
Here, we will examine the play-to-earn projects that are worth your time. They are Decentraland (MANA), Axie Infinity (AXS), and Quitriam Finance (QTM).
DECENTRALAND (MANA) Still the Leader
Decentraland (MANA), alongside its counterpart, The Sandbox (SAND), has created a niche in the Metaverse ecosystem.
Decentraland was created in 2017 after a $24 million ICO. It wasn’t, however, ready for the public until early 2020. The team behind Decentraland (MANA) describes it as a virtual reality system built on the Ethereum blockchain to give users an ecosystem where they can create, interact, and monetize their content.
MANA, the native currency of Decentraland, is used to purchase some of the 90,000 parcels of land within the virtual reality system. Each parcel of land is a unique NFT whose public, exclusive, and very secure ownership.
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Here’s a Short List of Games in Decentraland
- DG Ice Poker – Real casino played with MANA
- Mine Meteors to Earn
- Mini Golf
- Arcade Parks
- Game Jam 2022 – Partner MetaGameHub coming soon
- Lots More … Go Explore at Decentraland.org
Avatars, wearables, and other properties can be purchased using MANA tokens. Hence, the tokens are a means of exchange within the platform.
Connecting Metamask wallet for depositing tokens and collecting on P2E games. You’ll need to purchase an avatar with MANA and have some ETH for transaction fees.
AXIE INFINITY (AXS) has Fallen by 28.25% in the Past 7 Days.
News is circulating that AXIE may be in some hot water. Value of the token is plummeting like everything else.
Axie Infinity (AXS) came into the limelight during the lockdown when people were on the lookout for other reliable sources of income. This network increased its popularity as a play-to-earn platform that allows users to make money just by playing games on its website.
The game, Axie Infinity, operates on Axie, small animals used to challenge each other and engage in online battles. They can also be crossbred within the game to create new Axies.
Axie Infinity is a crypto-meets-Pokémon game in which players raise, battle, and trade cute NFT pets called Axies. It features two native cryptocurrencies: Axie Infinity Shards (AXS), which can be bought and sold on exchanges like Binance.us, and Small Love Potion (SLP), which is awarded to players for spending time in the game.
Each Axie is a unique NFT whose ownership is recorded on the blockchain. Buying an Axie could be a wise investment that will help you earn thousands of dollars on Axie Infinity.
Axie Infinity is very popular in Asia. Axie Infinity (AXS) is a leading play-to-earn platform like Decentraland (MANA) and The Sandbox (SAND), and it has generated over $4 billion in revenue from selling NFTs.
QUEUE QUITRIAM FINANCE (QTM)
Quitriam Finance (QTM) is a new project in its beginning stages, and it is developing an innovative ecosystem that contains furnaces, forges, mines, and more.
Quitriam Finance (QTM) users get to mine mithril, a particular metal that will be implemented in created NFTs, and more in-game properties like armours and weapons, which will be exchanged for the Quitriam Finance token, QTM.
Quitriam Finance (QTM) will use all of these properties to build an inclusive play-to-earn platform containing a native decentralised exchange, Quitriam Swap, to help users convert their tokens on the forum.
The Quitriam Finance (QTM) will contain its own stable coin, granting voting rights to platform users.
When it comes to cryptocurrencies, timing is everything. Even though Quitriam Finance (QTM) is new, it is already gaining momentum, and its value has increased since it began its presale. Presales are always a unique opportunity to invest in the future.
Well-established Metaverse worlds are going strong but, as always, look before you leap. Due diligence and research beats losing money.