In 2021, over 175 billion dollars was spent in the video gaming industry. And while this income has actually historically always been distributed to gaming studios such as Blizzard or Tencent, we have seen a shift this year, with the spread of blockchain technology in video games, with players gaining the fruits of their work– some gamers supposedly earning as much as $2,000 USD per hour on crypto video games such as Axie Infinity ($AXS– Price: $126.69– Market Cap: $8.3 B).
With their popularity and adoption, came also surges in their token costs. Games such as The Sandbox, has actually brought in both retail investors and Wall Street when their token ($SAND– Price: $7.50– Market Cap: $6.8 B) surged over 800% within a month. And the trend does not appear to be decreasing, with recent surveys stating that gaming and specifically the play-to-earn model (P2E) is to see an uptrend of over 20% in 2022 – – with blockchain and crypto being the most suitable innovation and in-game currency to support the model. And while AXE and SAND are getting investors’ attention, if you have missed them below are a list top and upcoming blockchain gaming jobs that our company believe need to be in your radar!
JEDSTAR($ JED-Price:$ 0.73– Market Cap: 31M)– The most current addition in the blockchain gaming arena, is blasting itself through the crypto world and playing with the huge boys after a current surge of almost 800% in the last 30 days and with still lots of room to grow as their market cap is at a healthy 30M USD range. While $JED is a DeFi token in JEDSTAR’s DECO (Decentralised Ecosystem) the team will be releasing their extremely anticipated GameFi token $KRED in the upcoming weeks. The team has in their pipeline over 100 video games that will be utilizing $KRED as an in-game currency and have signed with other gaming developers and studios, a collaboration where they will be providing their cryptocurrency as a service. This extremely enthusiastic task is looking at taking over huge names by not simply establishing internal video games and an NFT marketplace, but also through tactical blockchain and non-blockchain collaborations.
2. Decentraland (MANA)
This is another cryptocurrency that uses the Ethereum blockchain. Much like the game Second Life, players are motivated to develop 3D in-game items that
they can then offer. MANA(Decentraland’s cryptocurrency) is used to offer virtual land called LAND. It is also utilized to exchange or trade 3D things. The game is somewhat up and running and is an excellent effort to display the capacity of crypto games.
Both Atari (ATRI) and Decentral Games (DG) are potential partnerships for Decentraland that might bring an in-world casino to the network.
You can try playing the game here now if you wish!
3. GALA Games (GALA)
GALA is an Ethereum-based token developed by Eric Schiermeyer (a co-founder of mobile games company Zynwhose mission is to make “blockchain video games you’ll actually want to play”. It intends to give those users more control over their video games.
It was produced in 2019 by Eric Schiermeyer, among the co-founders of mobile video games business Zynga, which developed games like Mafia Warsand Farmville.
The platform boasts an impressive 1.3 million active users. Players who own NFTs on the platform can influence how games are run and vote on brand-new video games.
The GALA token itself is used to acquire these NFTs as well as in-game products.
While there are more video games in development, Town star, a virtual town home builder that has been compared to Sim City, is now playable on the platform.
Cryptocurrency gaming is the next big thing in video gaming. Play to make games will certainly make all existing video games appear like a distant memory. Real ownership is all the rage.
If you don’t want to miss your next chance at becoming very abundant, then hop on board as quickly as you can!
Disclaimer: This is not financial guidance.