Play 2 earn trend is back in November 2023. We have seen P2E cryptocurrencies give massive returns in the last 30 days, namely Nakamoto Games, Sidus, Myria, and many more. Twitter influencer Alex Becker can be seen taking many advisory roles in many blockchain games, and he seems to be positive around the P2E space.
P2E crypto trend started during the last bull run where we saw many P2E games giving massive returns. Many crypto analysts are expecting returns much higher in this bull run, which makes upcoming December a good time to build a portfolio of play to earn tokens.
In 2021, there was a huge buzz in the gaming world thanks to the emergence of blockchain technology. It then paved the way for a cool new trend known as play-to-earn (P2E) crypto games.
These games are seriously awesome because they not only let you dive into immersive gaming adventures but also reward you with real-world goodies. It’s all made possible through fancy stuff like smart contracts, non-fungible tokens (NFTs), governance tokens, and play-to-earn economics.
These fantastic crypto games take the idea of “work hard, play hard” to a whole new level by transforming your gaming sessions into potentially profitable endeavours. It’s like turning your passion into cold, hard cash.
In this article, we’re gonna spill the beans on the hottest play-to-earn crypto games getting ready to make waves in 2024
What are Play to Earn games?
A play-to-earn (P2E) games are a whole new breed of video games that let you score actual goodies in the real world. See, in regular games, you put in all this time and energy, but the rewards are limited to virtual stuff within the game. It’s like getting a high score or unlocking a cool weapon. But with play-to-earn games, you can take those in-game achievements and turn them into real, tangible rewards that you can trade outside the game.
P2E games have this awesome way of keeping players hooked by giving them all sorts of incentives to get involved in different activities within the game. You know, things like going on quests, battling other players, owning cool virtual stuff, and even contributing to the game itself. And guess what? Every time you do any of those things, you can actually earn cryptocurrencies or NFTs that are worth real money in the real world. But it doesn’t stop there. Play-to-earn games also create these bustling communities and economies within the game world. It’s like a whole little universe where players can earn income, own valuable assets, and be part of something truly special.
The Top 7 Play to Earn games for 2024
We will in this post mention the top P2E cryptocurrencies that you may buy in December 2023. If the trend continues, you could end up making a lot of money in the coming years.
Our top pick for all you crypto gamers out there is none other than Decentraland!
This super popular gaming platform is like a dream come true. You can dive into a whole virtual world where you not only get to play awesome games but also own your very own piece of virtual land. It’s like being a digital real estate mogul. And get this: the land you own is represented as NFTs, those fancy non-fungible tokens everyone’s talking about. With your virtual land, you can get creative and build all sorts of cool structures like houses, parks, or even art galleries. And the best part? You can actually make money from it. You can sell ad space, create stuff people want, or even host events and rake in some sweet income. MANA is the cryptocurrency that keeps this virtual world buzzing with energy and is essentially the fuel that powers all the fun and excitement in Decentraland.
In The Sandbox, you get to be the master of your own destiny.
You can create all sorts of mind-blowing NFTs, like virtual worlds, buildings, and even unique pieces of art and can sell them too! It’s like being a digital artist and an entrepreneur rolled into one. The Sandbox is all about user-generated content. It has a community of passionate gamers coming together to build the coolest virtual stuff. The biggest highlight is that they use NFTs for everything. I’m talking about characters, buildings, items, and even land. It’s like a virtual real estate market on fire! The Sandbox has partnered up with some big names in the entertainment industry. So, if you’ve got a creative streak and a knack for making things that people love, The Sandbox is the place to be.
Illuvium is like the perfect blend of RPG adventure and interstellar exploration. They’ve already launched not one, not two, but three epic games on the Ethereum blockchain. Let me break it down for you. In Illuvium Overworld, you get to be an explorer in this fantastical realm brimming with all sorts of incredible creatures. They’re called Illuvials, and they’re like these mythical beings that you can actually own as NFTs. It’s like collecting your very own team of legendary creatures. Illuvium takes you on interplanetary encounters that will leave you on the edge of your seat. In fact, you can even upgrade and evolve your Illuvials over time. It’s like watching them grow and become even more powerful as you play. In Illuvium Arena, you can go head-to-head with other players and show off the might of your Illuvials.
With Axie Infinity, you get to engage in epic battles with these super cool pets called Axies. With your trained Axies, you can compete against other players and rise through the ranks. It’s all about strategy and tactical moves in this turn-based game. Each Axie has its own distinct set of characteristics, abilities, and traits, so you gotta choose wisely and form a winning team. Now, let’s talk about the currency in this fantastic Axie Infinity world. It’s called AXS, and it’s like the native cryptocurrency of the game’s ecosystem. It’s based on the ERC-20 standard, and it serves as a medium of exchange within the game. So, you can use AXS to buy, sell, and trade all sorts of cool stuff in Axie Infinity.
Sidus is another P2E game with dual cryptocurrencies used in the gaming economy – Sidus and Senete. Sidus during its launch days gave close to 100x return to its investors. Since the last time All-Time High, Sidus and Senate were once down by more than 95%, but looks solid investment for me at the current price.
Tamadoge is an awesome investment game called Tamadoge that draws inspiration from the legendary 1990s sensation, Tamagotchi. But here’s the twist: Tamadoge is all about the crypto world. It’s like taking the nostalgia of Tamagotchi and infusing it with the power of NFTs. Each NFT represents these super cool virtual pets that are inspired by the famous ‘Doge meme’ trend. So, not only do you get to have these adorable digital pets, but you can also play a wide range of games with them. These NFT pets from Tamadoge are already making waves on OpenSea. People love them! Plus, Tamadoge has launched its debut game, Super Doge, and it’s been getting rave reviews from the crypto-gaming community. They also recently dropped an arcade game called ‘To The Moon,’ and it’s creating a serious buzz. It’s the third installment in the Tamadoge arcade series, and players are already racking up thousands of hours of gameplay.
Should You Invest in P2E Games in December 2023?
P2E games are currently in their early stages of development. Due to the high blockchain transaction fees, there are only a few blockchain games that have managed to attract widespread attention. The majority of gamers still prefer playing Web 2.0 games, and it may take 3-5 years or even longer to create engaging games in the Web 3.0 space.
Therefore, investing in P2E blockchain cryptocurrencies at this point can be considered a speculative venture. However, if you still wish to invest, focusing on the top P2E games by market capitalization might be a prudent approach.