The crypto exchange market has recently seen the birth of new companies to study before entering the sector. With an ever more comprehensive market offer, it is up to the individual investor to understand the industry’s best operator. Keeping in mind that different traders are better suited to different types of investors, today we will impartially talk about BitYard, a Singapore-born trader. Founded in 2019, BitYard is a cryptocurrency exchange that offers a range of services to its customers, as…
A new wave of blockchain-based video games is on the horizon. And, there’s never been a better time to invest in them than now. So, here are the top 5 NFT games you should consider investing in next year!
1. Axie Infinity
Axie Infinity is a blockchain-based video game that uses the play-to-earn model. In it, players can collect, breed, raise, battle, and trade “axies,” which are virtual pets similar to Pokémon. Furthermore, they can gain Ethereum-based cryptocurrencies AXS (Axie Infinity Shards) and SLP (Smooth Love Potion), as well as NFTs.
Axies are non-fungible tokens with unique traits, which grant their scarcity and boost their values. And, if you want to play Axie Infinity, you will need to buy at least three of them. At the time of writing, the cheapest axies were available for about $200. Therefore, you may need to invest at least $600 just to enter the game world.
Nevertheless, Axie is one of the top 5 NFT games expanding at an impressive speed. Its developers estimate that each of its players has spent $400 on average so far. Also, the platform has generated over 13,000 ETH in revenue as of November 2021. That translates to over $16 million as per ETH’s present-day price.
Lastly, Axie Infinity represents a viable long-term investment opportunity for both gamers and NFT collectors.
The CryptoKitties experiment was a watershed moment for blockchain gaming. While all tokens are fungible, ERC-721 tokens can be unique by using a few lines of code. In fact, that’s what makes them so popular among crypto geeks. For instance, you can breed your Kitties and create rare offspring.
Some players may not have been financially successful, but CryptoKitties has proven value in non-fungible token games. They make collectables more exciting because users know their Kitties will be one-of-a-kind. Considering CryptoKitties’ success, many hope that it will inspire future developers to create more such tokens.
3. Gods Unchained
If you are passionate about classic trading card games, you will enjoy this play-to-earn NFTs game. Gods Unchained is very similar to fan favorites like Magic: The Gathering or Hearthstone. It features remarkable animations and attractive in-game features. Above all, it enables players to earn Ethereum-verifiable non-fungible tokens that they can later trade.
Gods Unchained saw players trade their cards for over $680,000 by mid-April 2021. This helped them save over $1.3 million in gas fees. Also, one card sold for $12,000 in May 2021.
Recently, the platform launched its proprietary NFT marketplace on Immutable X. There, players can trade their NFTs and engage with the game’s imminent trading card expansions.
Another entry in our top 5 NFT games is Etheremon. This game is a decentralized world for Ether Monsters, where you can capture, train, and trade crypto creatures. Unlike most games with crypto creatures, Etheremon is not operating on a single server. Instead, players interact directly with each other through smart contracts on the Ethereum blockchain.
Currently, all monsters reside on the Etheremon mainnet, and it does not scale very well. In early 2018, another developer team took over maintenance of Etheremon from Spooky House Studios. This happened due to a lack of resources from original developers.
Since then, several new features have surfaced, such as Towny System, Guild Battle, and Ring Arena. In addition, Etheremon requires at least 15–20 active users playing at any given time. Otherwise, content creation is not viable.
5. Idle Cyber
This futuristic game combines play-to-earn with appealing RPG gameplay and the chance to earn valuable NFTs.
Idle Cyber takes place in 2088 and throws you into a vicious war against cyborg robots threatening the human race. In return for your activity, you can earn non-fungible tokens with unique features. Next, you can hold them as a store of value or trade them on the in-game NFT marketplace.
Furthermore, the game enables you to upgrade your NFTs, which makes them even more valuable. While the project is still in its early days, it should become a promising investment opportunity. Most importantly, new features like guild wars and private in-game islands should attract more gamers in 2022.
Conclusion – Top 5 NFT Games
Non-fungible tokens are revolutionizing the gaming industry. Over time, as more games begin supporting these new tokens, people will come to appreciate their actual value. And, this is what you want if you’re an NFT investor.