1. Yield Guild Games (YGG)
Yield Guild Games is the world's largest crypto gaming DAO that has over 78,000 community members. The DAO is involved in investing and and playing all of the top Crypto Games including Axie Infinity, Illuvium, Guild of Guardians, Crypto Unicorns and more. The community invests in projects and players, by providing them with in-game assets to play and earn money, of which a portion is returned to the DAO.
Based on our research, DAOs like Yield Guild Games are the best way to invest in Crypto Gaming because they provide broad ETF-like exposure to the industry. The YGG DAO's mission is to become the worlds largest virtual economy & hedge fund by working with the community to own the best in-game assets and share profits with token holders.
2. Gala Games (GALA)
Gala Games is a decentralized gaming platform that leverages blockchain technology to provide players with ownership and control over their in-game assets. It aims to create a gaming ecosystem that prioritizes player ownership, community engagement, and fair play.
Gala Games is similar to Steam, a popular digital distribution platform for video games, in that it provides a marketplace for buying and selling games and virtual assets. However, unlike Steam, Gala Games operates on a decentralized network and uses blockchain technology to ensure that players truly own their assets, which can be bought, sold, and traded outside of the game. Additionally, Gala Games aims to foster a more community-driven gaming experience through its use of decentralized governance and token economics.
3. Sandbox (SAND)
The Sandbox is a popular user-generated content and gaming platform, where players can create and share their own virtual worlds and games. The Sandbox uses its own cryptocurrency, the SAND token, as the in-game currency and as a means of governance in the platform. The SAND token allows players to purchase in-game assets, such as land and gaming items, and also provides them with a say in the platform's future direction and feature development through decentralized voting.
By using blockchain technology, The Sandbox aims to provide players with true ownership and control over their virtual assets, which can be bought, sold, and traded on a marketplace outside of the game. They are currently one of the largest gaming platforms in Crypto with a market capitalization exceeding $1 billion placing them in the top 50 crypto assets.
4. Illuvium (ILV)
Illuvium is a decentralized gaming studio that is building the first interoperable blockchain game universe. The platform leverages the Ethereum Layer 1 blockchain to provide players with ownership and control over their in-game assets, which can be bought, sold, and traded on a decentralized marketplace.
The Illuvium game universe will feature a variety of games and activities, each with its own unique token and rewards system. Some of these games include Illuvium Overworld, Illuvium Arena and Illuvium Zero. The tokens earned in each game can then be used across the entire Illuvium universe, enabling players to transfer their virtual assets and progress from game to game. Through its use of blockchain technology, Illuvium aims to create a more player-driven gaming experience that prioritizes ownership, community engagement, and fair play.
5. Axie Infinity (AXS)
Axie Infinity is a blockchain-based virtual world game that allows players to breed, raise, and battle creatures called Axies. These creatures are unique and ownable, and their ownership and traits are recorded on the Ethereum blockchain, making them truly one's own. The game is still considered promising, as it has a growing community of players and has received positive reviews for its addictive gameplay, intricate world-building, and potential for earning cryptocurrency through play.
The Axie Infinity team has also announced several new developments and partnerships that could further boost the game's popularity and growth. This includes the new Axie Infinity Bloodmoon Rising, which is a fantasy world with land owned, operated and controlled by players. Overall, Axie Infinity remains a strong player in the crypto gaming space and is definitely worth keeping an eye on.
Can you Earn Crypto by Playing Games?
Yes, earning cryptocurrency through playing games is possible. All of the games in this list offer users the opportunity to earn crypto by completing tasks, participating in events, and reaching milestones within the games. Different platforms may offer different types of cryptocurrencies and is generally paid out in the games native token.
If you play the right game that grows in users and market capitalization, your crypto rewards could become quite substantial. It’s important to remember that playing these games requires skill, dedication and luck, but it does offer a unique way of earning crypto.
Is Crypto Gaming Safe?
The safety of earning cryptocurrency through gaming depends on several factors. Just like with any financial transaction, it is important to research the platform or website you are using and ensure that it is reputable and secure. Additionally, it's important to protect your crypto wallets with strong passwords and two-factor authentication, and to be cautious of any suspicious activity or requests for personal information.
In general, it's a good idea to approach earning crypto through gaming with caution, and to make sure to educate yourself on safe security practices to help protect your assets.
In conclusion, the rise of blockchain technology has given birth to several new crypto gaming coins that offer players a unique and innovative gaming experience while also providing the opportunity to earn rewards in the form of cryptocurrency. The 5 best crypto gaming coins include Yield Guild Games (YGG), Gala Games (GALA), Sandbox (SAND), Illuvium (ILV), and Axie Infinity (AXS), each offering a unique and player-driven gaming experience that prioritizes ownership, community engagement, and fair play
Players can earn crypto by completing tasks, participating in events, and reaching milestones within the games. While earning crypto through gaming requires skill, dedication, and luck, it can offer a potentially substantial return if you choose the right game that grows in users and market capitalization.