GameFi is an extremely profitable way to earn through blockchain gaming or blockchain gaming projects, and there is a vast array of wonderful projects in the GameFi industry. Today, we will look at some of the top GameFi projects and share how to start (or improve) your journey of earning with GameFi.
Decentraland is currently the top of the list in terms of market cap, and is a decentralized metaverse powered by Ethereum. Within Decentraland, users can earn from their creations while experiencing this virtual reality. It functions on NFTs, such as LAND which is the plots of land within Decentraland. These plots can be purchased with Decentraland token MANA. While the content that makes up Decentraland is stored and distributed via a decentralized network, ownership and transactions are validated on the Ethereum blockchain, promising a higher level of security for players and opportunity to earn.
The Sandbox (SAND)
The Sandbox comes in at a close second after Decentraland, and is also one of the main games that led the GameFi boom. It is also built in a metaverse similar to Decentraland, where the Sandbox allows players and producers to create and develop gaming assets and experiences within the world. The assets and affairs are sold on a marketplace, and participants get to trade these for cash. The Sandbox token SAND can be used to buy and sell LANDS and ASSETS in The Sandbox metaverse. Holders can stake SAND to earn in-game perks and also earnings from all SAND token transactions.
Axie Infinity (AXS)
Axie Infinity is a game that cannot be missed whenever the topic of GameFi is brought up. In Axie Infinity, you create and train up your Axies (cute monsters) to fight opponents and carry out quests. As you do so, you will be able to earn either the in-game currency Smooth Love Potion (SLP) that can be convered to cash, or the Axie Infinity token (AXS). You can also sell your Axies as NFTs if they’re of value.
Enjin Coin (ENJ)
Enjin offers a suite of integrated products that make NFTs easier for individuals, businesses, and developers. It is actually one of the first few NFT projects on Ethereum with its ERC-1155 contract that allows NFT upgrades. Many use this contract for in-game characters and items, and have even worked with Minecraft. Enjin is promising as a crucial company and token within the NFT space, and their definitely-growing token is ENJ.
Illuvium is built on Ethereum as well, and is a RPG where players look for and capture spiritual beings called Illuvials in this large in-game world. The native token ILV can be traded for other tokens or cash, and is a reward earned for catching the Illuvials. It is relatively new having launched in Q1 2022, but is already growing in popularity, with ILV being one of the most popular traded tokens in terms of market cap at time of writing.
The above are just some extremely successful GameFi projects, and there’s a lot more to be explored. With so many projects that exist, you’d naturally want to experience and interact with more of them.
The MetaPocket Digital Wallet steps in to make your life easier and solve that problem, whether you’re looking to try earning from new different GameFi projects or consolidating all your earnings into one secure wallet. MetaPocket supports multi-currency, multi-layer and cross-chain transactions, which truly makes it an all-in-one digital wallet – the only one you’ll need. It is compatible with all the above projects and more, being trusted by the Ethereum, Binance Smartchain, Polkadot and Fantom platforms.
It has three main offerings: Game Discovery where you can find your favorite blockchain game, an In-App Game Browser where you can interact with any decentralized games, and Yield Farming where you cans take any supported GameFi token and start receiving yield. MetaPocket also has a utility token METAPK that gives users certain perks and privileges, as well as protects consumers by accounting for any potential loss if a game runs into any trouble.
Get exploring and earning more from your favorite games with MetaPocket now!