These (P2E) games have the potential to be huge
Play to earn (P2E) is an exciting new area in cryptocurrency that has a lot of potential. After the huge success of Axie Infinity, other popular play-to-earn projects continue to emerge. But why should you consider it? Here are a few reasons:
- Play-to-earn games now incorporate NFTs as part of the process.
- You can trade Altcoins for other Altcoins or even for FIAT currency.
- The popularity of augmented and virtual reality may give games a boost.
- Altcoins have the potential to earn you a lots of money.
- Many corporate investors are looking at P2E games as possibilities for future investments.
For those of you seeking for small P2E games in crypto, the following list should be enough:
Thetan Arena (THG)
Thetan Arena (THG) is an eSport-based game that combines multiplayer features with virtual reality. Users may create teams and compete against other teams for in-game advantages.
As a result of its success and popularity, the Thetan Arena has already attracted over 23 million gamers. It is also severely underpriced, with a market capitalization of less than $30 million.
The game is still in development, with the team planning to release a beta version soon.
Pegaxy (PGX) is a tiny and little-known play-to-earn game that allows gamers to create and gain real value from the game. The blockchain game is completely free to play, with the majority of the action taking place in a metaverse.
While the game is still in development, it has already garnered a sizeable community and looks promising. The team behind Pegaxy is also building out an ecosystem of applications.
That will be integrated into the game, such as a marketplace and social media platform.
Pegaxy employs a dual-token system. The main governance token is called PGX, and it is used to govern the platform. VIS, on the other hand, is an in-game utility token that has particular functions within the game.
The altcoin currently has a market capitalization of $5 million and is traded on a number of small exchanges.
Alien Worlds (TLM)
Alien Worlds (TLM) is a more NFT-powered metaverse that includes a P2E gaming feature.
Users can earn NFT bonuses while competing in a simulated virtual economy on various planetary realms using the platform. The project’s market capitalization has already surpassed $50 million, and future growth may be on the way.
About play to win games
P2W games are a subgenre of MMOs in which players vie for control of scarce in-game resources. The games are designed to give an advantage to the most dedicated and hardcore players, who will put in the most time and effort to win.
They often make use of NFTs as in-game items that can be purchased or earned through gameplay.
While P2W games have always been around, they have come under increased scrutiny in recent years, with some gamers feeling that they are unfair and unbalanced.
However, there are also many fans of P2W games who enjoy the challenge and sense of competition that they provide.
About Altcoin and NFTs
An altcoin is a digital currency that is not based on Bitcoin. Altcoins are based on various different blockchain technologies. Many altcoins are forks of Bitcoin, with minor changes to the code.
However, many altcoins offer features that Bitcoin does not, such as improved privacy or faster transaction speeds. Altcoins can also be used to create different kinds of decentralized applications (dapps).
NFTs are non-fungible tokens that represent unique digital assets. They can be used to represent anything from in-game items to artworks and more.
Due to their unique nature, NFTs have become quite popular in recent months. With a number of projects beginning to emerge that utilize them in interesting ways.