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Today, the cryptocurrency market offers a wide range of ways through which people can earn cryptocurrency tokens. Play-to-earn cryptocurrency projects involve earning some form of cryptocurrency by playing games. These usually include making in-game currency by carrying out quests, winning battles, and completing other kinds of challenges. You can exchange these play-to-earn cryptocurrency projects for Bitcoin, Ethereum, or another token. This article features the top 5 best play-to-earn cryptocurrency projects to watch in 2022.
Axie Infinity is one of the most popular play-to-earn cryptocurrency projects out there today. Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players. Axies themselves can also sell for a lot of money and have their own marketplace in this sense.
The Sandbox is a blockchain-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game. The Sandbox platform's main mission is to introduce blockchain technology in mainstream gaming successfully. The platform focuses on facilitating a creative "play-to-earn" model, which allows users to be both creators and gamers simultaneously.
Decentraland defines itself as a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience, and monetize content and applications. It is one of the best play-to-earn cryptocurrency projects to watch in 2022.
WAX (WAXP) is a purpose-built blockchain, released in 2017, that is designed to make e-commerce transactions faster, simpler and safer for every party involved. The WAX blockchain uses delegated proof-of-stake (DPoS) as its consensus mechanism. It is fully compatible with EOS.
Gala Games aims to take the gaming industry in a different direction by giving players back control over their games. Players can own non-fungible tokens (NFTs) and influence the governance of games within the Gala Games ecosystem. It is one of the best play-to-earn cryptocurrency projects to watch in 2022.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
