We all love games. From board games to videogames and everything in between, our generation spends a significant amount of time conquering quests and completing missions around the family table or a computer screen.
With the introduction of Bitcoin and cryptocurrencies, games couldn’t be left behind either. We saw projects like Ethereum, Eos, Tron, and Ultra trying to completely decentralize the world of gaming by offering platforms to build decentralized apps. Then we saw the first actual games being built - games that allow you to earn cryptocurrency simply by playing.
In a short amount of time, gaming has taken over the blockchain space, and investors have much more options (apart from choosing to buy Bitcoin) to benefit from the space. Let’s take a look at the most popular gaming platforms that allow you to get into cryptocurrency in a seamless manner.
This is the oldest “game” in the crypto space, and involved the collection of virtual kittens, each unique, placed on the Ethereum blockchain. Cryptokitties saw a massive spike in popularity during the previous bull run (2016-2017), in the early days of Ethereum. In a short amount of time, we saw these virtual cats getting adopted by many crypto investors, with some getting sold for over $300.000. Today, Cryptokitties are still relatively popular, but the game has expanded to involve more monsters. You can check their official website here.
Axie Infinity is a game somewhat similar to Cryptokitties that enables the opportunity to fight with other opponents online. The Pokemon-like pet game does not stop there. Users can also trade, breed, and compete with others, while there are options to build virtual real estate (a trend that is growing lately).
After a successful IEO on Binance, Axie seems to be growing rapidly, both in userbase and in the value of their token. The team behind the game believes that Axie will eventually become the very first game that is fully owned and governed by its users, enabling those in third-world countries to become exposed to better money-making opportunities. You can read more about Axie Infinity by checking their whitepaper here.
Decentraland is the very first virtual real estate platform that was created in the cryptocurrency space. Built upon Ethereum, Decentraland enables users to purchase and sell virtual real estate, while also offering the possibility to rent it out, or build games upon it. The latest feature is possibly going to see a rapid expansion in the coming months/years, as more developers and game builders migrate to decentralize gaming opportunities.
Decentraland’s governance token, MANA is also very popular. Listed on Binance, the coin has seen rapid growth thanks to its long term believers and passionate users. To learn more about Decentraland click here.
Considered by many as the only real competitor to Decentraland, the Sandbox game shares many similarities with the former option. The game could be seen as a hybrid between Decentraland and Cryptokitties, as it offers the possibility to both invest in virtual real estate, and to acquire and grow monsters that can perform quests on the land.
Sandbox was one of the most successful IEOs of Binance, and the first few public sales were extremely successful as well. While we are still very early in the project’s development, we can already see that the efforts of the team are coming to fruition, as many games have been developed on the Sandbox lands. If you wish to read more about the Sandbox game and see how you can participate as well, check the following link.
Since the price of Bitcoin and most altcoins tends to be very volatile, many people want to acquire it or use it through online casinos. This is nothing new, as most retail investors in the crypto space are still seen as gamblers by most. In this sense, the platforms that enable users to bet are the big winners, and users can take all the risks involved in the process.
There are many online casinos that enable users to win cryptocurrencies or use them for bets. The same is true for game selection. Some platforms are focused on a single game, like throwing dice, while others offer the full casino experience, enabling users to choose from a wide range of options. All in all, opting for casinos is a risk you must thoroughly research before you commit.
You should now have a better idea of all the different options you can choose when it comes to entering the crypto space. (Online) games are still in their infancy, and the newly added element of decentralization will make them more luring the ever before. Therefore, make sure you continue your research and start with the options shown above.