List of All Play to Earn Tokens
July 2024

What is play to earn tokens?

Play to earn tokens are the combination of virtual gaming asset trades with blockchain cryptocurrencies. Play to earn games allow players to earn cryptocurrencies and NFTs by playing the game. Anyone under 35 should be familiar with trading virtual assets in an online game. There are rare items in many online games and players play better with better items. Some players are willing to spend real money on a virtual asset. Now, play to earn tokens are a new innovative way to create a virtual market for digital assets powered by blockchain technology. Play to earn games allow players to earn digital cryptocurrencies by playing and trading in-game assets. Earned cryptos and NFTs can be cashed out in a virtual market.

The gaming industry is booming nowadays and gamers are not looked down on or overlooked anymore. There used to be a bias that gamers are not doing something productive and they are wasting time in a virtual world. Now, perception is already changed and gamers are like a superstar or like famous soccer players. There are international tournaments held every year and millions are watching games live. League of Legends World Championship Final was watched lively by almost 75 million people from all around the world.

There are debates about including gaming tournaments in Olympics. Many people are advocating that gaming is a new sport. this kind of sport is called E-sport. There is a big demand for e-sports to be included in the Olympics. There are already country teams competing and trying to win championships. The best players make money as much as a famous European soccer player.

The global gaming market is almost $250 Billion and gaming is seen as a career by many people. Play to earn model makes the gaming industry achieve its place by monetizing the industry. You may have heard about Asian gaming clubs. There are people playing games nine to five as a profession and making money for a living. Play to earn games reward players with in-game currency or NFTs. Both have a market value and can be exchanged with a major cryptocurrency.

Metaverse game cryptocurrencies are also play to earn tokens. For example, Sand and Mana are the leading metaverse gaming projects. Both of them have a wide variety of futures inside the virtual world. They are created on blockchain in a decentralized way and they have native tokens. Players can design and play different mini-games and play casino games in Sandland (SAND) and Decentraland (MANA) virtual worlds.

What is the most popular play to earn games?

Axie Infinity

Axie Infinity is by far the biggest play to earn game in the world. Axie Infinity is an NFT-based game and allows players to earn NFTs by playing the game. Axie Infinity has Axie Infinity Shard tokens (AXS) in the game and is used as a utility token in the game. AXS is an ERC-20 token created on the Ethereum blockchain. Axie Infinity was hacked in March 2022 and 56,000 ETH was stolen along with some BUSD and USDT. The total worth of stolen cryptos is reaching $626 Million USD. Many players from all around the world lost money and the number of players of the biggest play to earn game Axie Infinity is decreasing.

Gods Unchained

God Unchained is one of the most popular play to earn game built on a blockchain. Gods Unchained is a fantasy collectible card game. The game is built on the Ethereum blockchain and the game’s native utility token GODS is an ERC-20 token. The game is played in 1 vs 1 matches and they fight to win the battle with their NFT cards. Each NFT God card has different skills and spells.

Thetan Arena

Thetan Arena is a blockchain-based multiplayer online game. Players are fighting in an arena in two teams. There are different champions with different skills and abilities. Thetan Arena came with a very innovative champion rent future in 2022. The total number of players from all around the world is increasing constantly. You can earn tokens by winning and leveling up. The better champions player has, the easier for players to level up and earn more. It means players should invest back some of their earnings to earn even more tokens. THG is the native token in the Thetan Arena game. THG tokens are built on Binance Smart Chain.