Best P2E Games

Crypto Games Surpass DeFi in Popularity

Crypto Games Surpass DeFi in Popularity

Game Review 

Play to Earn Crypto, GameFi, Games Surpasses DeFi in Popularity

DappRadar has come up with interesting stats on crypto about the users and their wallets. DeFi is trendy nowadays and users associated with crypto are well aware of it.

Play to Earn Crypto Games, GameFi, Surpasses DeFi in Popularity
Play to Earn Crypto Games, GameFi, Surpasses DeFi in Popularity

However, it is GameFi where all the action is taking place for the past couple of months. There are interesting facts and figures which show how GameFi has taken the center stage over time.

According to DappRadar, more than 50% of active cryptocurrency wallets were connected to decentralized applications associated with gaming. The report also shares that users active cryptocurrency wallets attached to DeFi dropped to 45% last month. This is for the first time in many months that DeFi is taken over by GameFi.

GameFi’s popularity soared thanks to Axie Infinity which allows players to earn real money by winning battles, selling monsters as well as digital assets. The player database is increasing rapidly for Axie Infinity because many crypto enthusiasts are also regular gamers.

Quickly, the meaning of GameFi;

GameFi is an amalgam of two words: gaming and decentralized finance (DeFi). It is also referred to as play-to-earn (P2E) games. Almost all of these blockchain-based games are accompanied by a corresponding in-game currency, a marketplace, and a token economy, usually managed and governed by the community.

DappRadar’s Pedro Herrera said, “We see around 80-100 million transactions in games daily, it’s just impressive to see the evolution that blockchain games have experienced this year.”

Axie Infinity is having an explosion as the report also shares that in the past 24 hours the game was played by another 104,000 players.

Besides Axie Infinity, there are several other games that had made it to the limelight like Alien Worlds, Splinterlands, and CryptoMines. These games have a massive number of players and the numbers are growing with every passing day.

The top five gaming dapps have an accumulative investment balance of $14 billion. On the other hand, top five DeFi apps have $130 billion over the past 30 days.

Play to Earn Crypto Games, GameFi, Surpasses DeFi in Popularity
Play to Earn Crypto Games, GameFi, Surpasses DeFi in Popularity

Players have erected their own micro-economies as they rent, sell, and purchase digital assets. Michael Bohnen, owner of EOSUSA, said, “There’s much more opportunity in the gaming space than there is in the DeFi space.

“There’s only so many banks, but there’s always a brand new game of the week. It’s much more of an expansive space in my opinion There’s more opportunity to potentially make money.”

Play to Earn Gaming News

Looking for the best play-to-earn games? Look no further than our video game review site. Our large collection of P2E games has been looked over and has all the information you need. From genre and game platform to tokens, whitepapers, and Discord and Twitter social media links, we have it all. In addition, we offer game trailers for each game, as well as game videos where we provide in-depth reviews. We pride ourselves on being up-to-date, and offer daily updates on the latest news in the world of video gaming. You’ll find everything you need to stay informed about your favorite play-to-earn, blockchain, NFT, crypto, P2E, Web3, or metaverse games.

Check out our Top Games and game lists to discover the best play-to-earn games. And don’t forget to read our fresh daily game news to stay up-to-date on the latest developments in the world of gaming. With our video game review site, you’ll have everything you need to explore, discover, and enjoy the best P2E games out there. If you have PlayToEarn Game News, please contact us. If you are launching a game, or have PR around a new game, send it and our PlayToEarn Game news writers will cover it.

Crypto Games Surpass DeFi in Popularity

If you like this game, share it with your friends:

Facebook
Twitter
LinkedIn
Reddit
WhatsApp
Telegram
Pinterest
Skype
VK
Email

Find our Best P2E Games list. All games are included with reviews and links to the game review page. Have Fun!

More Games

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

Ark Rivals – Game Review

In the realm of blockchain gaming, the spotlight is now on Ark Rivals, a groundbreaking title that marries user-generated content, NFTs, and a sci-fi action strategy gameplay style. Drawing inspiration from genre giants like Clash of Clans and Rise of Kingdoms, Ark Rivals plunges players into a futuristic galaxy where dominance hinges on strength and resource management. One standout feature is the integration of NFTs. Players can mint and trade these digital assets to represent their in-game properties, from land to the formidable airship army known as Arks. These NFTs aren’t just collectibles; they’re the bedrock of the Ark Rivals ecosystem. The game’s currency, $ARKN tokens, is another crucial element. Earning them involves resource mining, and the key to successful gameplay is safeguarding your base from rival players to ensure a steady resource flow. However, the heart-pounding Faction Wars mode is where players put their strategies to the test. Factions vie for grand rewards, and the season’s victors gain a substantial edge. What sets Ark Rivals apart is its commitment to long-term sustainability. The game’s creators intend to avert the typical fate of cryptocurrency games by maintaining the value of the $ARKN coin through in-game utility. This vision promises a game that retains its appeal over time, ensuring rewards for players who reinvest in their tokens, strengthening their characters and enhancing their potential. In summary, Ark Rivals isn’t just another crypto game; it’s a strategic, sci-fi universe where NFTs, tokens, and Faction Wars reign supreme. As the gaming industry continues to evolve, Ark Rivals stands as a captivating and sustainable entry in the blockchain gaming landscape, catering to both traditional and crypto-savvy gamers alike.

Read Game Review »

The Sprawl – Game Review

The Sprawl is a WEB3 simulation game that lets you earn money and pay bills while living a virtual life. Introducing The Sprawl is a huge Web3 sandbox city that takes you to a virtual world that is always changing and connected. In its massive multiplayer environment, every character you meet is a real player. This persistent city makes sure that your actions have long-term effects and that you move forward. Also, you can walk or drive around its many different neighborhoods, which range from gated communities to urban decay, trendy areas to suburban havens. If you have the money, you can make a place you love your home. The story is written from the first-person point of view. You wake up in the middle of a busy city in a run-down motel. When the sun comes out, it means the start of a new day. Hank, the rough motel owner, is waiting for you in the lobby. He tells you about a way to make money. He gives you the keys to his van and tells you to go to King of Zees and get a new bed. As you walk out, a jumble of tow trucks, speeding taxis, and smoking wrecks appears in front of you. After you get the bed, Hank will give you money and tell you to go to Garry’s Cut’n’Shut to get cheap wheels.

Read Game Review »

Dragon Master – Game Review

DragonMaster is an innovative blockchain-based Metaverse game made by Magic Hat. It combines RTS, MOBA, Collection, and Play-to-Earn elements. DragonMaster is the first blockchain-based Metaverse game to combine RTS, MOBA, Collection, and Play-to-Earn gameplay. The Dragon Metaverse is more than just a game now. It has grown to include virtual characters, homes, and even jobs. In the near future, DMT will be good for artists and developers. Also, the game’s global tournaments are fun, and it is run according to DAO principles, which means that it is completely decentralized and that community members can choose the development and operations teams.

Read Game Review »

Baby Shark Bubblefong Friends – Game Review

In Baby Shark Bubblefong Friends, players must aim and shoot bubbles at a group of similarly colored bubbles in order to burst them and earn points. The objective of the game is to progress through various levels by matching the right sequence of bubbles and using special power-ups to clear them more efficiently. The game features a cast of adorable Baby Shark characters and is designed to be easy to pick up and play for all ages. It also incorporates blockchain technology and NFTs, allowing players to collect and trade unique in-game items.
Those familiar with arcade games will absolutely fall in love with the game. Players can collect and trade NFTs featuring characters from the popular “Baby Shark” song and use them to boost their gameplay and earn rewards. The game is available on both iOS and Android devices, and players can earn in-game currency and rewards by completing levels and participating in special events. The developers of Baby Shark Bubblefong Friends aim to create an immersive and engaging experience for players of all ages. In addition to the traditional bubble-popping gameplay, Baby Shark Bubblefong Friends also includes NFT elements that allow players to collect and trade unique in-game items and characters. The game is built on a blockchain platform, which allows for secure and transparent trading of these NFTs. Players can also earn rewards for completing in-game challenges and participating in multiplayer matches. Overall, “Baby Shark Bubblefong Friends” offers a fun and engaging casual gaming experience that combines bubble-popping gameplay with the excitement of collecting and trading NFTs.

Read Game Review »

Best P2E Games list 2024

Crypto Games Surpass DeFi in Popularity

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.