Best P2E Games

NFTs are Alive!

NFTs are Alive!

Game Review 

The NFT Market Reserruction 2023

NFTs are rising from the dead, well heck! It wasn’t dead in the first place. The lifeless body of the NFTs market has started twitching and rising. Ladies, and gentlemen! NFTs are alive, well, and kicking. The recent NFT trade activity in the marketplaces has defied the reports that NFTs are gone forever. We have our hands on NFT sales data for the month of January 2023 which a lot of NFT critics won’t like. The NFT sales on the Ethereum blockchain, which records most NFT trades, soared high and reached $780.2 million. When we compare the figures with the previous month i.e. $546.9 million, it shows that NFT trading is rising again. 

Thanks to the data tracking by CryptoSlam, NFTs are showing signs of life and pulling back from the steep nosedive just like the crypto industry.

NFTs Making a Comeback

So, what kind of NFTs are selling like hotcakes at the moment? Well, digital art collectibles are a big hit since January this year. The top NFTs that managed to grab the attention of the community are “Bored Ape Yacht Club# 5840.” So, the NFT shows a cartoon monkey emitting green laser beams from its eyes. This NFT bagged a sale worth $822, 730. Another example is “CryptoPunks#7674”, a pixelated 8-bit character smoking a pipe, which went for $433,555. These are spectacular figures given the ongoing recession and crypto winter. However, the average sale price of NFTs is still modest accounting for $372.38. 

Although the NFT sales at the start of 2023 are promising, when compared to January 2022 it’s not even a fraction. Last year January saw $5 billion worth of sales and NFTs were enjoying a high ride. The decline started to emerge in Q2 of 2022 when May had $2.7 billion worth of NFTs trading. During Q2 2022, the market took a severe nose dive and many started regarding NFTs as a thing of the past. 

NFTs Past, Present, and Future

Nonetheless, the NFT market is getting back on its feet and inching its way out of the abyss it had fallen earlier. A month before January, NFT sales stood at $324 million, and rising to $780 million shows signs of significant recovery. Many traders and investors are betting on blockchain games, and powerful brands to lift NFTs once again. 

As of now, there are a total of 30,000 to 50,000 active NFT traders in the market which is expected to rise. Experts are of the opinion that the NFT marketplace will get back to its previous golden run if it manages to bring aboard a big wave of participants this year. 

“We will see another 2021-style run when we are able to really bring on board the next big wave of participants into the space,” said Teng Yan, lead researcher at Delphi Digital.

However, it is too early to speculate a 2021 kind of run for NFTs this year. Although there has been a recent uptick, the fate of non-fungible tokens is still uncertain. Many cryptocurrency experts do not anticipate a recurrence of the 2021 surge in the near future. There are doubts about the enduring appeal of paying to have ownership of a digital file recorded on the blockchain, particularly when that file is available for free to anyone online.

Blur Entrance in NFT Market

The recent surge in NFT sales on the Ethereum blockchain may also be relatable to a new entrant in the market. Blur is a new NFT marketplace that managed to grab the attention of several key investors in the market. The new entrant Blur launched last year and offered free giveaways and airdrops to the community. According to data from DappRadar, the total trading volume of NFTs on Blur’s platform over the past seven days has reached 101.2 million, slightly surpassing the 100.4 million seen on the dominant marketplace OpenSea.

Blur’s NFT trading volumes were slightly higher than OpenSea’s in the last seven days. However, over the past 30 days, OpenSea has remained the leader with trading volumes totaling $443.98 million, compared to Blur’s $366 million.

Bitcoin Blockchain Minting NFTs

There is a recent buzz among crypto enthusiasts due to a novel application of the bitcoin blockchain for creating an NFT collection. Bitcoin Punks, a series of monkey-themed NFTs and a spin-off of the popular CryptoPunks collection, has garnered attention. According to some media reports, Bitcoin Punk NFTs made as much as 9.5 bitcoin, equivalent to roughly $205,000.

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NFTs are Alive!

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Related P2E Games: Play To Earn Crypto, NFT, Web3

77-Bit: A Web3 MMORPG and NFT Project

77-Bit is a groundbreaking web3 MMORPG (Massively Multiplayer Online Role-Playing Game) that blurs the lines between virtual and real-life experiences. Launched in April 2022, this project, under the creative direction of Fanfaron, introduces players to a unique fusion of Manga and Anime aesthetics, tangible encounters, and NFT drops. Here is an extensive summary of the article: 77-Bit is a collection of 7,777 avatars serving as gateways to an immersive gaming universe. It was launched in April 2022 and operates on the Ethereum blockchain. The project adheres to the ERC token standard, with the avatars representing characters known as Ronins. These Ronins are poised to become playable personas in upcoming 77-Bit video games, promising an engaging user experience. Storyline: The game is set in the year 2077, where humanity has been subjugated by cyborgs from alternate dimensions. This dire situation stems from a cataclysmic event triggered by an ill-fated invention that tore open rifts between realms. Valiant Ronins rise to confront interdimensional cyborg invaders, leading to an epic struggle for survival. The narrative draws inspiration from cyberpunk and synthwave aesthetics, crafting a dystopian tale. Gameplay: 77-Bit aims to bridge the gap between play-to-earn projects and AAA games, offering players the chance to earn cryptocurrency. It is designed as an MMORPG-style video game with two distinctive zones: a metaverse for virtual interactions and trading, and a gaming zone named “chaos” for battles against monsters and artifact hunting. Players begin their journey with a collection of 7,777 avatars, which grant in-game models, power-ups, and access to the 77-Bit universe. These avatars evolve into playable characters with unique attributes like strength, speed, intelligence, and class affiliation as the game progresses. Character advancement occurs through gameplay, with rewards such as new weapons and artifacts for achieving objectives. NFT & Tokenomics: 77-Bit comprises 7,777 NFTs known as $RONIN, following the ERC token standard on Ethereum. There are two NFT collections within the project: 77-bit, the primary one, and 77Bit Comics, which includes around 6,571 copies of a single token. These NFTs offer diverse attributes, including costumes, facial features, hand gear, weapons, and backdrops. The NFT collections include various character types, such as Guys, Girls, Cyborgs, Apes, and Punks, each with distinct characteristics. Community Response: The community has shown enthusiasm for the anime NFTs within 77-Bit. Some members believe that Ronin represents the future. Others emphasize the importance of delivering memorable experiences in the crypto and NFT space for long-term success. In summary, 77-Bit is a pioneering web3 MMORPG that combines a captivating storyline, NFTs, and a play-to-earn model to create an immersive and rewarding gaming experience. The project has garnered interest from the crypto community, with its unique blend of virtual and real-life elements.

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Moniwar – Game Review

Moniwar is a play-to-earn game that uses non-fungible tokens (NFTs) and is built on multiple blockchain technologies. Players can earn rewards by participating in gameplay, and can use and trade the NFTs they collect within the game. Moniwar is a collection of games that offers a variety of modes for players to enjoy, including player versus player (PvP), player versus environment (PvE), pet-hunting, dungeon adventures, World Boss mode, and more. It combines elements of role-playing games (RPGs) with puzzle-solving gameplay. The game is available on multiple platforms, including iOS, Android, and PC. Whether you are a seasoned gamer or new to the world of RPGs, Moniwar has something to offer for players of all levels. Moniwar is a game with an immersive storyline and rich lore based on Greek mythology. The game was released in September 2021 and takes place in the Iron Age, around 1200 BC. The story follows the character Lucas, whose father was killed by the people of Upper Elysia. In the game’s universe, there are three realms: Upper Elysia, the Soma Realm, and the Lower Naraka Realm. These realms are at war, and when the Lower Naraka Realm is defeated, monsters invade the Soma Realm through a void in space. Upper Elysia comes to the Soma Realm’s aid and defeats the ruler of the Naraka Realm, King Abarazax. The game’s detailed and intriguing plot helps to immerse players in the world of Moniwar. In Moniwar, the son of King Abarazax, Prince Lucas, seeks revenge for his father’s death. To do this, he converts different parts of King Abarazax’s corpse into monsters with elemental properties such as metal, fire, wood, earth, and water. These five legendary monsters then travel the world searching for powerful monsters to join their army and help them take on Upper Elysia. With a strong desire for revenge driving them forward, the monsters of Moniwar seek to right the wrongs of the past and restore balance to the world. Gameplay: Moniwar is a play-to-earn game that combines elements of puzzle-solving and role-playing with the ability to earn rewards through gameplay. The main goal of the game is to collect NFT pets representing the different elements (fire, wood, metal, water, earth), which are ranked by rarity from 1-star to 3-star. These NFTs can be used in different game modes based on their abilities. The game is decentralized, meaning that players can own a part of the game, and it features a safe token, an in-game marketplace called the Moni Shop, and daily missions. Overall, Moniwar offers a unique gaming experience that allows players to earn rewards while enjoying fun gameplay. Tokenomics: The economy in Moniwar is based on the $MOWA token, which is available on the PancakeSwap exchange. The developers of the game have promised that they will not engage in “rug pull” behavior, a type of online fraud in which a project suddenly shuts down and takes investors’ funds with it. In the future, the $MOWA token may be available on other exchange platforms as well. The token is built on the Binance Smart Chain (BSC) technology, which is known for its stability and reputation in the industry. Overall, the $MOWA token is an important part of the Moniwar economy and is backed by the reliability of the BSC platform.

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Reign of Terror – Game Review

“Reign of Terror” is an innovative mixed reality simulation game and play-to-earn massively multiplayer online game (MMO) built on the Solana blockchain, offering players an opportunity to earn rewards as they explore and advance through its unique virtual world. The game operates on a decentralized, crowdfunded platform and is set in a cyberpunk dystopian future. It follows a permissionless model, allowing players to acquire various non-fungible tokens (NFTs) by completing a diverse range of in-game tasks and activities. The game’s narrative progression is directly linked to the completion of these tasks, making for a dynamic and engaging gameplay experience. Within the realm of “Reign of Terror,” players have the opportunity to collect a wide array of NFT items, including heroes, equipment, weapons, treasures, blueprints, lands, vehicles, machines, and building systems. Furthermore, players can immerse themselves in a Virtual Reality experience, fostering interactions with other players and establishing their reputation and notoriety within the game. The core gameplay of “Reign of Terror” revolves around the idea of players achieving recognition and respect within the gaming community, making it an immersive and captivating experience. The game offers two primary modes: Player versus Environment (PvE) and Player versus Player (PvP). PvE mode involves players facing off against non-playing characters (NPCs) within the game, while PvP mode enables players to compete against one another. Additionally, there are three distinct game loops, each varying in difficulty and format. The Basic Loop encompasses activities such as team creation, mission completion, credit earning, leveling up, and the aspiration to become Ascend Agents. The Advanced Loop introduces elements like investing in secure land plot NFTs, obtaining building blueprints, constructing buildings, gathering resources, and supporting alliance guilds. The Hard Core Loop, on the other hand, involves investment in terror zone land NFTs, raiding enemy lands, defending one’s own land NFTs, and active participation in guild wars.

The game’s economic structure is characterized by interdependence, where players rely on one another for trading NFTs and advancing within the game. It features both on-chain and off-chain items, with on-chain items being more valuable but convertible into off-chain items. The on-chain items include NFTs categorized into seven rarity levels, while off-chain items consist of credits and resources. The in-game economy operates using the $ROT and $SOL tokens, which serve as the primary currency for transactions and value exchange, adding depth and complexity to the game’s economic ecosystem.

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The Legacy NFT – Game Review

The Legacy NFT game by Peter Molyneux, a veteran game developer, provides this opportunity to its members in a virtual real estate world where players can own tracts of land. The Legacy game is based on the Ethereum blockchain technology. This comes under the banner of Gala Games, a blockchain gaming company. The Legacy game is based on the Ethereum blockchain technology. This comes under the banner of Gala Games, a blockchain gaming company.

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Best P2E Games list 2024

NFTs are Alive!

P2E News, short for “Play-to-Earn News,” is a category of updates and information within the broader spectrum of Crypto News, Web3 News, NFT News, and Blockchain News. These terms are all interconnected and represent various facets of the rapidly evolving digital landscape.

Play-to-Earn (P2E) is a gaming model that has gained immense popularity within the crypto and blockchain communities. In P2E games, players can earn cryptocurrencies or NFTs by participating in the game, often through activities like completing quests, collecting items, or trading assets. P2E News covers developments, announcements, and trends related to these innovative gaming experiences that allow players to monetize their in-game efforts.

Crypto News, on the other hand, focuses on the broader world of cryptocurrencies, including Bitcoin, Ethereum, and a multitude of altcoins. This category encompasses news about market trends, regulatory changes, new blockchain technologies, and updates related to various tokens. Crypto News is a fundamental aspect of the blockchain ecosystem, as cryptocurrencies serve as the primary means of value transfer and exchange within the Web3 space.

Web3 News is an umbrella term that refers to the next-generation internet, often characterized by decentralized applications, blockchain technology, and smart contracts. The Web3 ecosystem seeks to provide a more user-centric and decentralized internet experience. This category of news covers developments in decentralized finance (DeFi), non-fungible tokens (NFTs), and various other applications built on blockchain technology. For the ultimate and best play to earn games list, check our friends of playtoearngames.com.

NFT News focuses on Non-Fungible Tokens, unique digital assets that are indivisible and represent ownership of a specific item, artwork, or collectible. NFTs have gained prominence in the art world, gaming industry, and entertainment sector. NFT News keeps enthusiasts informed about NFT sales, new projects, and partnerships within the NFT space.

Blockchain News pertains to the foundational technology behind cryptocurrencies and Web3 applications. Blockchains are decentralized ledgers that record transactions across a network of computers, ensuring transparency and security. Updates in this category might include innovations in blockchain consensus mechanisms, interoperability between different blockchain networks, and industry applications beyond cryptocurrencies.

In summary, P2E News is a niche subset of Crypto News, Web3 News, NFT News, and Blockchain News. It focuses on gaming experiences where players can earn cryptocurrencies or NFTs, while the other categories encompass a broader range of topics within the decentralized digital landscape, including cryptocurrencies, web3 technologies, NFTs, and blockchain advancements. Collectively, these categories shape the landscape of the digital economy, offering insights into how technology is revolutionizing various aspects of our lives.