Welcome to bulliscoming media, the blockchain technology has empowered the masses since its invention, most especially in the financial aspect. From cryptocurrency to DeFi and now GameFi which is commonly known as “PlayToEarn” game.
While there is a variety of Play2Earn games that have been launched to pave a way for gamers to earn active and passive income with their hobby, let’s discover the most profitable play to earn games in this article.
Likewise, if this is your first time hearing about the Play2Earn game, you will get more insight into the concept of GameFi and also the most profitable play-to-earn games to start your journey of playing games to earn money.
What Is Play To Earn Game (GameFi)?
Play To Earn game is such a game that was built upon a blockchain technology that reward player to earn in-game items when they accomplish a task or win a battle, it is based on the earning protocols of the Play2Earn platform.
The traditional gaming sector allows a gamer to play a game and be a consumer while the game developer makes the most out of the incentives in the sector, it simply means the gamers spend a significant amount of money to acquire equipment to get access to game or acquire a certain level ahead of other gamers while they get zero incentives on their expenses and time spent.
The play2earn game which is technically referred to as “GameFi” is coined from the two words “Gaming” and “Finance” in which the major concept is to integrate Gaming into Finance on blockchain technology. Since the exponential trend and interest in NFT, the GameFi has also been the new sector that has garnered many people’s interest.
The in-game items that are used as an incentive for gamers to earn while playing games are in form of NFTs, gamers can trade the NFTs for another liquid asset like ETH.
Why Is It Called GameFi?
The question that may have been going through your mind is why is it called GameFi when the concept is to allow gamers to earn while playing games, let me briefly satisfy your curiosity before we explore the most profitable play to earn games.
It is regarded as GameFi because it is now been integrated with DeFi.
When a gamer earns the in-game items (NFT), they can now stake the NFT on the staking protocols on the Play2Earn gaming platform to earn rewards over time. It’s quite an amazing concept as it allows gamers to get incentives for doing what they love doing for fun and at the same time being able to deposit the incentives on a certain protocol to earn more rewards.
Most Profitable Play To Earn Games In 2022
Below are a few lists of the most profitable play to earn games that you can engage in to explore the world of GameFi.
Axie Infinity is a game universe filled with fascinating creatures, Axies, that players can collect as pets. Players aim to battle, breed, collect, raise, and build kingdoms for their Axies. The universe has a player-owned economy where players can truly own, buy, sell, and trade resources they earn in the game through skilled gameplay and contributions to the ecosystem.
There are and will be many varied games experiences for Axies. Many of them will have players compete with each other using complex strategies and tactics to attain top rankings or be rewarded with coveted resources. Others will have them complete quests, defeat bosses, and unlock in-depth storylines.
There are countless unique Axies that players can collect with varying body parts and appearances. Body parts will unlock abilities for Axies that vary across games, they will have completely different values, benefits, and skills from one game to another. Body parts also have their unique card art for players to collect.
Splinterlands makes it easy to earn on a daily basis. Players can win rewards from Tournaments, Ranked play, and Quests! No matter what your skill level or collection size, there is always an opportunity to earn.
Among the many prizes, you may win are collectible cards of varying rarity, card packs, magic potions, and Dark Energy Crystals (a tradable, digital currency used to buy items in the shop).
The Sandbox is a virtual world where players can build, own, and monetize their gaming experiences in the Ethereum blockchain using SAND, the platform’s utility token.
The main vision is to offer a deeply immersive metaverse in which players will create virtual worlds and games collaboratively and without a central authority. The major aim is to disrupt the existing game makers like Minecraft and Roblox by providing creators true ownership of their creations as non-fungible tokens (NFTs) and rewarding their participation with the platform utility token – SAND.
In the current game market, the centralized ownership and control of user-generated content limits
creator rights and ownership. Central control over the trading of virtual goods created by players restricts them from generating fair value for their creations. Compounding this, it can be difficult to prove creative ownership of works, especially as content is copied, altered, and built upon.
The Sandbox was created and developed to overcome these limitations while accelerating blockchain adoption to grow the blockchain gaming market. This can be accomplished by building a voxel gaming platform where creators can craft, play, share, collect, and trade without central control, enjoying secure copyright ownership with the ability to earn cryptocurrency (SAND).
This copyright ownership will be established and guaranteed through the use of NFTs, where every in-game item will have a unique and immutable
Aavegotchi is a DeFi-focused non-fungible token (NFT) that runs on the Aave protocol. Simply put, Aavegotchis are game avatars that can be used as DeFi collateral to earn staking rewards.
Like CryptoKitties, the tokens have differentiating qualities such as body color and personality. Being a staked asset, its owner can liquidate the tokens at any time. Unfortunately, liquidating the NFTs means you lose your Gotchi.
The characters have a pixelated ghost appearance since they follow Aave, which translates to “ghost” in Finnish. The token ticker also cleverly spells out “ghost,” minus the vowel.
Alien Worlds (TLM) is a decentralized, non-fungible token (NFT) metaverse, where players compete for scarce resources, Trilium (TLM), in a stimulated economy centered around planetary worlds. Due to this, Alien Worlds also has a decentralized finance (DeFi) element to the game, as players advance by staking TLM and using TLM to vote in Planet Decentralized Autonomous Organizations (DAOs).
Alien Worlds allow the players, called “explorers” to earn monetary rewards through gameplay or participation in Planet DAOs. By mining in Alien Worlds, a user is rewarded with the native, in-game currency — Trilium (TLM) or NFT packs. Players can stake TLM to boost their rewards or battle with other users for NFTs.
To date, Alien Worlds has established a fair amount of its roadmap, having TLM on Binance launchpad and farming period of TLM on Binance Launchpool. A large portion of game developments has been forged as well. Moving forward, Alien Worlds aims to automate the claiming process of daily allocation to landowners in the game. Artifacts NFTs are soon to be released, and plans include NFT interoperability.
I believe you’ve been able to get more insight into the concept of Play2Earn games and how they aim to disrupt the traditional gaming sector.
The aforementioned most profitable play to earn games was listed based on their standard and userbase in the GameFi industry. It should not be considered a recommendation to use any of the platforms or services