The crypto industry has become an attractive sector for individuals worldwide as it enables various opportunities to generate income. Many blockchain gaming projects allow gamers to play and earn considerable amounts depending on gamers’ skills and profit from investing in these assets for a particular period.
Although many individuals are making money from these platforms through gaming and trading tokens, it is mandatory to research while choosing. This article lists the five best play-to-earn crypto projects worth trading and investing in.
What are play to earn crypto projects?
Many Massive Multiplayer Online (MMO) game platforms allow users to collect several digital items of in-game objects like property, wearables, or weapons to further progress. Players earn rewards by completing tasks, missions, quests, challenges, or acquiring loot boxes while playing. In blockchain technology, rewards are transferable and unique in non-fungible tokens (NFT). You can transfer these tokens to wallets and convert them to crypto coins. These crypto gaming projects are play-to-earn games.
Over 400 blockchain games are available with these features allowing generating incomes. So it is mandatory to check on several factors while choosing the best play-to-earn crypto project, such as:
- Select projects that enable an easy cash-out procedure.
- Choose projects that provide crypto coins that are tradable with external traders or other networks.
- Check if there are any initial deposits required to start with.
- Check the utility factors of that specific crypto coin before selecting.
The best five play-to-earn crypto projects
According to our research, the best play-to-earn crypto projects worth trade and invest are:
- Apex Legends (DLEGENDS)
- Wax (WAXP)
- Illuvium (ILV)
- Yield Guild Games (YGG)
- Mbox (MBOX)
Apex Legends (DLEGENDS)
What is Apex Legends about?
It is a gaming platform that delivers a unique design and playstyle for users. Accessing some most fabulous cosmetics and legends requires having a considerable amount of Legend tokens, and you can purchase exclusive recolors and new legends with Legend tokens. Currently, this game uses four main currencies for in-game purchases: Legend Tokens, Apex Coins, Heirloom Shards, and Crafting Metals. You will get legend tokens by simply leveling up. Once you pass level four, you will get 600 legend tokens for every level up. It costs 12000 Legend tokens while unlocking any legend character. This game is currently available on Windows, Xbox One, and PlayStation 4.
Most special aspects
The LEGENDS tokens are currently floating near $0.00008684 today with a 24-H trading volume of $952.
Other information is mentioned below:
- Fully diluted market cap: $21,406
- Live market cap: not available
- Max supply: not available
- Total supply: 246,499,969 DLEGENDS
- Circulating supply: not available
DLEGENDS price performance
This token made a peak near $0.015 in Aug 2021 and has been declining since then.
DLEGENDS price prediction 2022
Many crypto experts anticipate the price of this crypto asset can reach $0.020 nearby in Dec 2022.
Wax (WAXP)
What is Wax about?
Wax is a blockchain-based platform with a design purpose to make e-commerce transactions simpler, faster, and safer for every party involved in the process. Gamers can own the tokens by participating or playing Dapps running on the Wax blockchain. Many games are available in this network, including Alien worlds, Farmer’s world, R-PLANET, Dragons valley, Office land, etc.
Most special aspects
The native token of this platform, WAXP, is floating near $0.2978 today with a 24-H trading volume of $31,665,058.
Other information is mentioned below:
- Fully diluted market cap: $1,149,088,201
- Live market cap: $585,299,302
- Max supply: not available
- Total supply: 3,859,104,562 WAXP
- Circulating supply: 1.96B WAXP
- Volume / market cap: 0.05453
WAXP price performance
WAXP made the highest peak near $1.02 in Nov 2021 and has been downtrend since then. The price is floating near a good support zone and can bounce back upside from this level.
WAXP price prediction 2022
Many crypto analysts expect the WAXP token price to hit nearly $0.85 by Dec 2022.
Illuvium (ILV)
What is Illuvium about?
It is an open-world blockchain-based RPG adventure game live on the Ethereum blockchain. This multi-billion dollar blockchain-based gaming platform features a fully 3D environment for users.
Most special aspects
The native token of this platform, ILV, is floating near $575.13 today with a 24-H trading volume of $18,138,331.
Other information is mentioned below:
- Fully diluted market cap: $5,748,584,636
- Live market cap: $369,571,889
- Max supply: 10,000,000 ILV
- Total supply: 7,000,000 ILV
- Circulating supply: 642,891.97 ILV
- Volume / market cap: 0.04899
ILV price performance
ILV token remains on a downtrend since making the highest peak near $1985.88 in the Q4 of 2021. Now the price is floating near a good support level and may start bouncing back on the upside from this level.
ILV price prediction 2022
Many crypto analysts predict that the price per ILV token might hit nearly $894 by Dec 2022.
Yield Guild Games (YGG)
What are Yield Guild Games about?
Yield Guild Games is a blockchain-based gaming platform that allows users to earn through a play-to-earn feature. This platform builds a community of gamers and investors who like to generate income through NFTs.
Most special aspects
The native token of this platform, YGG, is floating near $3.41 today with a 24-H trading volume of $44,832,376.
Other information is mentioned below:
- Fully diluted market cap: $3,422,806,434
- Live market cap: $292,701,335
- Max supply: 1,000,000,000 YGG
- Total supply: 1,000,000,000 YGG
- Circulating supply: 85,515,012.63 YGG
- Volume / market cap: 0.1482
YGG price performance
YGG made the highest peak near $13.10 in Nov 2021. The price makes good support near $2.18 and starts bouncing back on the upside.
YGG price prediction 2022
Many crypto analysts anticipate the price per YGG coin can hit near $4.40 by Dec 2022.
Mbox (MBOX)
What is Mbox about?
Mbox is a DeFi ecosystem that is completely free and enables a play-to-earn feature for individual users.
Most special aspects
The native token of this platform, MBOX, is floating near $2.54 today with a 24-H trading volume of $42,604,118.
Other information is mentioned below:
- Fully diluted market cap: $2,540,818,040
- Live market cap: $202,892,136
- Max supply: 1,000,000,000 MBOX
- Total supply: 389,181,745 MBOX
- Circulating supply: 79,853,075.89 MBOX
- Volume / market cap: 0.2092
MBOX price performance
The highest peak this token made was near $16.36 in Dec 2021 and has been on a downtrend since then. It seems it finds support near this level where it is floating now and may start bouncing toward upside soon.
MBOX price prediction 2022
Many crypto experts expect per MBOX price to hit above $3.90 and reach near $5.00 by Dec 2022.
Final thought
Finally, this paly-to-earn combines the fun of gaming and earning through gaming or gaming tokens. Note that there is no “typical” earning thing on any of these assets as any other financial assets, and the income you generate may vary.