In the world of blockchain games and Web3 technologies, a revolution is taking place, changing the usual concepts of gaming and earning. This period has become particularly significant, offering many new and exciting opportunities for gamers and investors. Now, you can not only immerse yourself in fascinating virtual worlds but also earn cryptocurrency by participating in the gaming process. From collectible card games to massive virtual universes, there is something for everyone.
The top 10 best Web3 games with earning potential promise not only fun but also real financial benefits. These games provide unique opportunities to participate in beta testing, obtain rare tokens, and even build your own gaming empires.
The Concept of Play-to-Earn
Play-to-Earn (P2E) is a model of video games that allows players to earn real money or cryptocurrency for completing various in-game tasks. This model is based on blockchain technology, which ensures transparency, security, and authenticity of in-game assets. In P2E games, players can receive rewards in the form of cryptocurrencies, NFT (non-fungible tokens), or other digital assets that can be sold, traded, or used in further gameplay.
Advantages of Play-to-Earn
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Financial Opportunities: One of the main advantages of P2E is the ability to earn money. Players can generate real income by completing tasks in the game, making the gaming process not only enjoyable but also financially beneficial.
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Ownership of Assets: By using blockchain, players truly own their in-game items and assets. This means they can sell, trade, or transfer them to other players.
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Democratization of the Gaming Industry: P2E opens doors for more people, allowing them to earn money regardless of their geographical location or social status.
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Innovation and Development: P2E games contribute to the development of new technologies and approaches in the gaming industry, encouraging developers to create more interesting and innovative projects.
Despite numerous advantages and innovative approaches, Play-to-Earn games also have their disadvantages. These aspects can affect the accessibility, attractiveness, and security of the games, which is important for both players and developers to consider. Below are the main drawbacks associated with the P2E model.
Disadvantages of Play-to-Earn
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High Entry Barrier: Many P2E games require significant initial investments to purchase starter assets or characters, which may be inaccessible to many players.
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Risks and Volatility: Earnings are often tied to cryptocurrencies, which can be highly volatile. This means the value of earned assets can fluctuate significantly.
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Regulation and Security: Since P2E games operate with cryptocurrencies, they may face legal and regulatory challenges. Additionally, there is a risk of fraud and cyberattacks.
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Reduced Gaming Interest: The focus on earning can reduce interest in the actual gameplay. Players might start seeing the game as work, which lowers the level of enjoyment.
Overall Characteristics of Play-to-Earn
Play-to-Earn represents a powerful combination of gaming and economy, opening new opportunities for players and developers. This model has already attracted the attention of millions of people worldwide and continues to develop rapidly. Despite existing drawbacks and risks, P2E games have the potential to significantly impact the future of the gaming industry and the economy as a whole.
For a better understanding of the advantages of the game, below is a table comparing traditional games and Play-to-Earn games:
Characteristic Traditional Games Play-to-Earn Games Game Goal Entertainment Entertainment + Earning Game Economy Closed, determined by the developer Open, based on blockchain Ownership of Game Items Player does not own items Player owns NFTs that can be sold Monetization Microtransactions, full version purchase Earning cryptocurrency, selling NFTs
Play-to-Earn games not only provide an opportunity to earn money but also stimulate the development of new technologies and approaches in the gaming industry. They contribute to the democratization of the economy, allowing more people to participate in the creation and use of digital assets. It is important to understand that P2E games are at an early stage of development, and their potential is not yet fully revealed. With the further development of technologies and regulation, this model may become the foundation of a new economic ecosystem in the gaming industry.
Thus, Play-to-Earn is a significant phenomenon that is already impacting many aspects of our lives, and its development should be closely monitored and studied.
Top Games for Earning
The world of blockchain games continues to evolve, offering players new and exciting opportunities for earning. Below is an overview of the seven best Play-to-Earn games that showcase the latest advancements in blockchain technology and offer unique ways to interact with gaming worlds. From virtual farms to space empires – each of these games offers something special for its players.
Crypto Unicorns
The Crypto Unicorns ecosystem has completed its migration to XAI, a Layer-3 network built on Arbitrum. Now the entire Crypto Unicorns ecosystem operates on a community-driven and game-oriented network. This move has also enhanced the play-to-earn potential of the game.
- Features: creating a unicorn farm, crafting items, participating in tournaments, supporting the tribe.
- Unicorn characters in the form of NFTs can increase the efficiency of resource gathering, crafting, harvesting, or completing quests.
- More quests and daily rewards have been added in XAI.
With the new CU token built on XAI, Crypto Unicorns has become better than ever.
Loot Legends
Loot Legends — is a mobile dungeon crawler with play-to-earn mechanics built on the Hychain Layer-3 network of Arbitrum. In this game, you dive into dungeons, level up your character, and fight your way to legendary status. Loot Legends launched in July, becoming the first live game on the Hychain network.
Pirate Nation
The pirate strategy adventure game Pirate Nation from Proof Of Play uses the Arbitrum ecosystem and has moved into its second season.
- Players can venture into this pirate adventure, complete quests, and earn booty points.
- Booty points lead to rewards in the form of PIRATE tokens.
- PIRATE tokens can be used for in-game purchases.
Proof of Play sees such high demand that it temporarily limits access to the game.
Influence
At the end of June, the space strategy game Influence launched on StarkNet. Now anyone can join the game and start building their galactic empire. On June 27, they also launched SWAY, the native currency of the Adalian universe.
- The SWAY token is needed for purchases in the marketplace, loan repayments, and other in-game actions.
- Players compete through resource mining, building, trading, researching, and fighting.
- Features: colonizing asteroids, utilizing resources, building infrastructure, discovering new technologies, battling.
Play solo or team up with others — the choice is yours.
Nifty Island
Nifty Island became a topic of discussion at the beginning of 2024 due to its ISLAND token airdrop campaign and has now reached its third season. Nifty Island brings new quests, game modes, and mechanics.
- Features: playing games, creating something of your own, and earning in the process.
- Earned "blooms" will later convert into ISLAND tokens.
The token generation event will take place after the third wave of the Play to Airdrop campaign.
Guild of Guardians
The game Guild of Guardians was released just a few weeks ago and recently added important guild features. The second act of the game is called «Unite and Conquer», highlighting the social and guild gameplay of this mobile game. Players work together as a team, completing guild quests and receiving bonuses thanks to Guild Power.
- For the first time, GOG avatars can be used in the game.
- Features: leveling up heroes, battling enemies, earning GOG rewards.
All new features became available on July 3, 2024. Play the game, level up your heroes, defeat enemies, and earn GOG rewards.
Ember Sword
Bright Star Studios is finally taking their MMORPG Ember Sword to the next level with the release of the closed beta on July 12. Ember Sword — is a stylish MMORPG where players can develop their heroes, complete quests alone or together, and engage in PVP battles.
- Accessible in a browser without the need for updates.
- Play if you hold EMBER tokens, Land NFTs, or other necessary items.
The EMBER token was launched in June, and the closed beta will impress everyone in July.
The world of Play-to-Earn games continues to evolve rapidly, offering players unique opportunities for earning and entertainment. Each of the featured games brings its own innovations and features, making the gameplay more engaging and beneficial. Keep an eye on new releases, participate in events, and enjoy new ways to interact with your favorite games. The future of Play-to-Earn is already here, and it opens up incredible opportunities for us!
The featured games, such as Crypto Unicorns, Pirate Nation, Loot Legends, Influence, Nifty Island, Guild of Guardians, and Ember Sword, showcase innovations and unique approaches to gameplay.
The blockchain technology underlying these games ensures the security and authenticity of in-game assets, opening new horizons for gamers and investors. P2E games provide real financial benefits through quests, social interaction, battles, and resource management.
The future of P2E games looks promising, and every player can find something interesting and useful. Play-to-Earn — is not just a trend, it is a new stage in the development of the gaming industry that brings real changes to the lives of players worldwide.
