The gaming business has developed, with many crypto gaming startups receiving millions in 2021. An all-time high has been achieved in 2022, which has resulted in so much happening in the crypto gaming world. The volume of blockchain games has doubled since, which has led to the development of more gaming experiences.
Crypto gaming sites have brought forth virtual reality gaming experiences for individuals who enjoy gaming.
Now individuals can play games, get into real estate or collect collectibles on the crypto gaming platforms, but for this to happen, they need to possess digital currency. The purpose of a digital currency is to help gamers to do transactions, enjoy gaming or buy digital collections, all thanks to the crypto gaming industry that has merged video games and digital currency.
What You Need To Know About Gaming Crypto Coins
A gaming crypto coin is typically an in-game cryptocurrency for a particular game. It is designed to help gamers buy gaming weapons and characters, invest in gaming, or bet on Esports games, such as Dota 2 or LoL, using crypto. There are unique and top best gaming crypto coins that have gained popularity in the gaming industry despite being in their infancy stage. So, if you are interested in investing in gaming crypto coins, this article has put together the best gaming crypto coins that are the real deal. Let’s check them out.
Decentraland takes second place in the most prominent gaming crypto coins in the gaming industry as of 2022. This coin runs on the Ethereum blockchain, and it is a 3D virtual world metaverse platform. Decentraland aims at pushing global users to engage in a virtual world with a mix of virtual reality and blockchain technology. Similarly, this gaming crypto coin entails art, customizable activities, and land.
For instance, the Decenetraland’s virtual world allows players to buy or sell real estate while interacting with other players or users and playing games. Players can use the Decentraland MANA crypto coin to trade or purchase virtual products and services.
Additionally, players have the opportunity to vote on Decentralalnd future developments with one MANA token representing a single vote. This coin has grown since its launching, and its market capitalization speaks so much about its growth.
Founded in 2019, Gala is an Ethereum-based crypto coin that gives gamers the freedom to control their games. The Gala coin is known to power the Gala games, which is a platform that brings thrilling and money-making gaming escapades to the blockchain. Users can purchase in-game items before starting to play.
Users who interact with the Gala Games ecosystem can participate in making decisions and calling the shots regarding the platform’s future using GALA; the network’s utility token. Gala is a promising gaming crypto coin in 2022.
Axie Infinity Shards (AXS)
Axie Infinity Shards (AXS) is a token based on the Ethereum blockchain. Each Axie is an NFT, one-of-a-kind collectible that can be sold or purchased on external exchanges. You can use this gaming crypto coin to purchase in-game items as a player. AXS can help you buy Axies, the needed equipment, or a plot of land tokenized in the Axie universe.
Any Axie Infinity crypto coin owner can vote on the future development or direction of the game since the AXS token is primarily used for governance. As an Axie Infinity user, you are allowed to purchase, pit monsters, or breed to win in-game currency. The in-game currency can later be converted into hard cash.
Enjin Coin (ENJ)
If you want to efficiently use non-fungible tokens (NFT) regardless of whether you are a business owner, a brand, or an individual, Enjin is the crypto coin you need. It is an Ethereum token that helps make work easier for anyone or any business that wants to use NFTs. ENJ directly backs the value of non-fungible tokens minted within the Enjin coin ecosystem. You can simply transmit and receive this cryptocurrency coin using an Ethereum wallet.
The Enjin ecosystem consists of products that businesses, developers, or individuals can use to build, develop, monetize, trade, or market non-fungible tokens. The Enjin Coin powers all the transactions in the Enjin ecosystem. As an ENJ user, you can store unique game items in the form of bespoke tokens, which can later be liquidated if need be.
The Sandbox (SAND)
With SAND as its native utility token, Sandbox is a play to earn metaverse on the Ethereum network. It is primarily used to monetize in-game items and contains digital real estate units that are famously known as LAND. Besides, it is a governance token which means players can participate in the decision-making of the platform’s future development. To add to that, players can sell gaming experiences and develop or own gaming experiences.
Sand tokens can be staked to earn interest. With provided 3D editors, players can easily customize or create different kinds of items and games as they wish through their own ideas. The created assets can be sold in the marketplace to acquire sand tokens. Once a player acquires sand tokens, the tokens are then added to Sandbox’s blockchain as non-fungible tokens (NFTs). This is to ensure that the tokens are distinct and cannot be forged or counterfeited.
STEPN, the Green Metaverse Token, is a gaming crypto coin that has been on the rise for a while now. STEPN aims to increase gamers’ physical activities by rewarding them with governance and in-game cryptocurrencies. Users just have to run, jog or walk daily and log in their daily activity to earn steps.
Once a player has accumulated a certain or sufficient number of steps, they are able to earn Green Metaverse Tokens. It is important to note that GMT is one of the excellent performing gaming cryptocurrency coins in 2022 that anyone should consider investing in.
If you are interested in investing in gaming coins, the list above is well-curated for you. It gives you an insight into the best gaming crypto coins in 2022 and what you need to know about the coins. However, before putting some skin in the game and going all in, it is essential to do thorough research on each gaming coin just to know the Dos and Don’ts.