The crypto industry is constantly on the move. There’s always a hot new trend coming through by way of revolutionary coins, blockchain projects, and ways to earn money with cryptocurrency. As you’ve no doubt guessed, it’s the latter that we will focus on here, specifically the “play to earn” space. This space, while established, is still evolving and being adopted by a growing number of people.
To some degree, the trajectory/uptake of play-to-earn games could be compared to platforms where you can play sweepstakes online for money. We say this because the trend is strong, yet there is still a huge portion of the potential market that hasn’t taken the plunge. Naturally, this is true for many other sub-niches of wider industries too.
Then again, once you’ve read through our brief guide on the highest-paying play-to-earn games, we hope that you’ll have the confidence to dive into this exciting space.
The Sandbox
Believe it or not, The Sandbox was first made available in 2011, back when you could buy a single Bitcoin for just a couple of bucks! Of course, at the time of writing, a single Bitcoin is now worth well over $30,000! This shows that the creators of The Sandbox, Pixowl, were well ahead of the game. And today, The Sandbox is enjoyed by thousands, if not millions, of crypto enthusiasts around the world.
As for how you make money in the game, you have two main options. Firstly, you can purchase virtual plots of land in this multiverse-style world. You then earn money by renting out your virtual land, much like in the real world. Secondly, you can buy and sell NFTs in the game, which requires a more creative approach.
Decentraland
Decentraland is a highly exciting game that operates within the crypto metaverse. Much like The Sandbox, users purchase plots of land. The difference is that this is the main activity in Decentraland, making it less diverse than The Sandbox. However, the activity of purchasing land and then developing it however you choose is what makes this such an exciting title.
As for the earnings potential, with plots of land being bought and sold in the six and even seven-figure regions, the possibilities are uncapped.
Axie Infinity
Sky Mavis created Axie Infinity, and today, it’s hailed as one of the Godfathers of the play-to-earn industry. In this game, you need to purchase an “Axie”, which essentially becomes your pet. You then engage in battles with your pet against other Axies, of which there are a total of six breeds. If you win these battles, you are rewarded with SLP, the game’s native token.
There are also opportunities to receive NFTs following successful battles, but surprisingly, the best part about the Axie Infinity game is not the battles. You can engage in breeding, kingdom building, raising, and numerous other activities, making it one of the most diverse play-to-earn games on mobile that you can play today.