Best P2E Games

NFT Games Hold Promise, NFT’s Suffer Decline

NFT Games Hold Promise, NFT’s Suffer Decline

Game Review 

Standalone NFT’s Suffer a Decline, NFT Games Holds Promise.

NFT’s, Non Fungible Tokens, witnessed a massive surge in their popularity in the past couple of years. The values of NFT’s and trading volumes saw astronomical numbers.

NFT Games Hold Promise, NFT's Suffer Decline
NFT Games Hold Promise, NFT’s Suffer Decline

However, a recent report by Crypto Slam suggests that the hype surrounding the cartoon avatar NFTs is cooling off.

The global NFT market has suffered a decline in unique buyers of NFTs from 998.271 in January to 664.077 in March.

Moreover, the global sales also recorded a decrease from $4.6 billion to $2.4 billion from January to March respectively.

In this context, a recent example of an NFTs value declination is seen when Twitter’s founder’s first tweet was once sold for $2.9 million is now getting a top bid of approximately $300,000.

People are losing interest in NFT’s but when these very NFT’s are incorporated into a video game, the attraction is still there.

NFT games provide an opportunity for gamers to earn real money out of playing games through trading game NFTs and game tokens which attract new players.

Keeping in view the trend, more blockchain companies are interested in using games to further the adoption of cryptocurrencies and NFTs and make them more mainstream.

One such company is Magic Eden, a Solana blockchain-based NFT marketplace, which is pushing into gaming.

It is the second biggest NFT trading marketplace only after OpenSea. The company has launched the Eden Games platform which hosts mini-games made by third-party developers.

Magic Eden’s blog post read, “We care about games because we see them as fantastic onboarding experiences into NFTs and Web3.”

“The kind of behaviour of owning digital assets is already [present] in gaming without cryptocurrency, because gamers buy in-game items already,” Lu said. “We think that could be really big, to bring the gaming community into crypto.”

However, most of the NFT gaming projects are decentralized finance and less of a game.

NFT Games Hold Promise, NFT's Suffer Decline - Non Fungible Tokens
NFT Games Hold Promise, NFT’s Suffer Decline – Non Fungible Tokens

“The current wave of NFT gaming are created by crypto bros, and most of the games right now are DeFi with a gaming skin on them,” Owen Soh founder of Eastlab said.

This means that the audience changes when the DeFi component comes in and the focus is less on the gaming. As of now, most of the NFT gaming are being created by crypto enthusiasts who are less concerned about games.

Although the future looks promising when it comes to NFT gaming, it will be interesting to see who will solve all the problems ingrained in NFT gaming and its sustainability model.

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NFT Games Hold Promise, NFT’s Suffer Decline

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

Frogs Run: Free-to-Play NFT Runner Game on BNB Chain

“Frogs Run” is an innovative free-to-play/play-to-earn NFT runner game designed for the BNB Chain. It seamlessly blends traditional free-to-play endless runner gameplay with lucrative play-to-earn mechanics, offering players an engaging experience set in an Aztec-inspired world with its own rich history and mythology. In this game, players assume the role of a frog runner tasked with collecting coins and defeating enemies. Gameplay Overview: The primary game mode, “Endless Run,” features three lanes and familiar gameplay, catering to both casual and advanced gamers. However, “Frogs Run” introduces a dynamic event system that keeps the gameplay fresh and exciting. These events occur randomly and regularly, with one standout feature being the relentless snake pursuer, a real in-game threat, not just a cosmetic element. The game also incorporates a robust NFT component, rewarding players with tokens for reaching specific milestones, such as 1500 meters, with a daily cap of three tokens. A significant highlight is the extensive NFT customization available, allowing players to adorn their frog runners with up to 11 unique items. These items serve not only as a means of personalizing characters but also as a source of earnings. For instance, using an uncommon NFT skin can yield 2,166 tokens per run and 6,498 tokens daily, with similar mechanics applicable to rare skins. Players can also level up to increase their token earnings. To create and breed items, players require Biom(Lands), a resource exclusively available to Biom holders, thereby adding additional value to this game element. “Frogs Run” is accessible as a mobile game, compatible with both iOS and Android platforms, while plans for a PC version are also in development. Players must have a crypto wallet, such as Metamask or Trust Wallet, installed to purchase NFT frog skins. Furthermore, the game features an integrated spending balance on the backend, and a wallet like STEPN is expected to be integrated in the future. About the Developers: The development team behind “Frogs Run” comprises a diverse group of individuals, each possessing an average of 3-5 years of experience in their respective fields. The founder of the project brings six years of cryptocurrency experience and an additional eight years of marketing expertise to the table. The co-founder, with a decade of illustration experience, has worked on projects like “Master of Myths” and the upcoming “Heroes of Alboric.” The current team consists of 11 members, including artists, 3D modelers, musicians, programmers, and more. They share a common goal of leveraging their skills and experience to create a unique NFT game with captivating gameplay, memorable visuals, and a robust token economy. Their ambition extends beyond creating a game; they aim to leave a lasting impact on the NFT gaming industry by setting a high standard for innovative and engaging gameplay. “Frogs Run” serves as a testament to how NFT games can be made both interesting and unique, setting a precedent for future projects to follow.

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Defitankland: MMO Tank Game on Arbitrum Blockchain

The Defitankland is an exciting MMO tank game that leverages the power of the Arbitrum blockchain to deliver an immersive gaming experience. It aims to build a global player community focused on collaboration and epic tank battles, catering to both new and experienced gamers with user-friendly controls and mechanics. Players can form guilds, engage in cooperative missions, and participate in thrilling PvP battles while honing their strategies. The game introduces innovative monetization through NFT tanks, guild NFTs, and item NFTs, allowing players to collect, trade, and potentially profit from these exclusive assets. The in-game economy offers various ways to earn currency and valuable rewards, with DFTL serving as the core token. Defitankland offers diverse game modes, including PvP battles, cooperative missions, exploration, and quests, ensuring an engaging experience for all players. Customization is a key aspect, allowing players to tailor their tanks to match their preferred strategy and style, with upgrades in armor, firepower, speed, and abilities. Effective resource management, terrain utilization, and team coordination are essential for victory. The tokenomics of the game revolve around $DFTL, which is used for trading NFTs within the ecosystem. Defitankland introduces three main NFT categories: Tanks, Factories, and Guild Items, each representing players’ progress and commitment within the game. Tanks are customizable NFTs crucial for gameplay and potential trading, while Factories fuel the in-game economy and produce resources and items. Guild Items, specialized NFTs tied to guild gameplay, enhance members’ abilities and bonuses, evolving with guild progress. The community response to Defitankland has been positive, with enthusiasts showing excitement for its potential within the DeFi ecosystem. Some users are cautiously waiting to see how the game evolves before making decisions, while others highlight the promising tokenomics system and mechanics. Overall, Defitankland promises unforgettable adventures for players ready to dive into its thrilling world.

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Ball Guys: Furry Road – Game Review

Ball Guys: Furry Road is the ultimate mobile PVP multiplayer game that will keep you on your toes. Experience the thrill of crazy fast-paced races, dodging oncoming obstacles, using special skills, and mastering unique circuits. Our revolutionary play and earn system allows you to exchange in-game trophies and coins for exciting real-life prizes, making your victories even more rewarding. In Ball Guys players compete against each other in fast-paced knockout online races earning exciting rewards. Pick your furball character, and get ready to experience mayhem and chaos throughout a bunch of unique circuits. Earn trophies, unlock new balls, and have fun with some friends! Second World Games is a game studio by players for players. Our purpose is to create a world of entertainment that turns players into owners and decision-makers, enabling them for the creator economy. The way we do it is by creating a universe, which allows players to navigate different gaming experiences without losing control and power. The Second World Games ecosystem will enable diverse entertainment opportunities. Currently, these are Second World: New Era and Ball Guys.

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Cosmic Champs – Game Review

Cosmic Champs is a must-play, blockchain game developed by Mad Shapes, a premier gaming studio. The game combines the best of play-to-earn mechanics and tower rush gameplay with real-time strategy. Cosmic Champs offers an exciting and challenging gaming experience for players who are fans of tower rush and real-time strategy games. The governance token for Cosmic Champs, a 3D, P2E, real-time strategy game on the Algorand blockchain, is cosmic gold (COSG).

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Best P2E Games list 2024

NFT Games Hold Promise, NFT’s Suffer Decline

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.