In recent years, the online gambling industry has progressed tremendously as it is worth [61.5 billion USD](https://www.statista.com/statistics/270728/market-volume-of-online-gaming-worldwide/) and is expected to grow by 86% in 2028. The primary reason behind its growth is the inclusion of cryptocurrencies in gambling. 

Now, various online casinos deal in fiat currencies and digital tokens. One of the most popular options is mBit Casino which is ideal for [Bitcoin](/coins/btc) players. But, like any other online gambling platform, critics question its legitimacy. Are you wondering whether this casino is white-labelled or not? Read this review to find out the truth! 

## How does gambling work on mBit Casino?

mBit is a Bitcoin wagering platform that is regulated by the Curacao government. You can anonymously register on it and start gambling in Bitcoins. However, if you want to bet with fiat currencies, you would need to provide your personal details. It offers a variety of game categories and payment options. 

Other than Bitcoin, you can gamble with Ethereum, Dogecoin, BitcoinCash, Litecoin, and Tether. It gives you jackpot opportunities like Mega Moolah, or you can try your luck with free spins. 

## Prominent features 

1.	Deposit/no deposit welcome bonuses
You can either deposit an amount initially or start without it. In either case, you will get welcome bonuses. mBit no-deposit welcome bonus will be 50 free spins. Whereas your initial 3 deposits will earn you 250 spins and up to 2.5 BTC.  

2.	Variety of game types
The range of game categories it offers is another distinctive feature. You will get a table, poker, jackpot, slots, and live dealer games. These games are backed by reputable gaming providers. 

3.	Anonymity and security
Crypto gambling will ensure that you remain anonymous. It doesn’t require personal information and keeps you safe from data thefts. Curacao regulates the casino and it has the backing of CoinGaming.io and Direx NV, making it a secure space for gambling.

4.	Withdrawal speed and payment options
Its speedy withdrawals and numerous payment methods are other special features. For transactions, you will have options like bank transfer, Visa, MasterCard, Skrill, Accentpay, and many others.

## Final Verdict: Is mBit Casino legitimate?

In a nutshell, yes, it is a legit, white-label platform for Bitcoin gambling. The Curacao government oversees its regulations which ensures the platform’s safety. Its affiliation with CoinGaming.io and Direx NV further verifies its authenticity. 

Besides that, the range of secure payment options like Visa, MasterCard, Skrill, and others, adds to its credibility. So, good news for Bitcoin gamblers: mBit Casino is legitimate, making it one of the favourites to go!




mBit Casino Review

Axie Infinity is one of the leading play-to-earn (P2E)crypto games with a high-performing P2E asset, AXS. But recently, the token has plunged below its support range, and as of 13 June 2022, it stands at only $13.20 . According to Coingecko, last year, AXS recorded its all-time high value of $164.90, and now it's gone down by 90%. Besides, [Axie Infinity](/news/article/axie-infinity-coin) price predictions for coming years forecast a declining market.

The reason for its downfall isn’t only the bearish market outlook. Several other factors are at play here - like cyberattacks and the shallow hype for P2E gaming. As an investor, you must be aware of these factors to gauge the potential of AXS. To give you an idea whether Axie Infinity will go up again or not, here are some insights! 

## Axie Infinity Economy

Before making an Axie Infinity price prediction or any investment decision , it is important to learn about how its economy works. Axie Infinity is a blockchain-based game that deals in two digital tokens; Smooth Love Potion (SLP) and Axie Shards (AXS). 

Like most P2E games, it is another idle game of the battle genre. In the beginning, players have to buy Axies to participate in the fights. For winning local fights, you can earn SLP, while tournament games would give you AXS, which is a more valuable token.  

You can also get Axies by breeding them. If you already have two Axies, you can breed them to get another one with abilities of both. In addition, you can also acquire SLP and AXS through crypto exchanges for trading. 

However, the value of both tokens depends on the demand of the Axies in the game. If the demand is low, players can trade their digital assets on different exchanges. This, in turn, negatively impacts the tokens’ price. 
 
![Picture1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Picture1_a0149b12f9.png)

[Source](https://www.decentralised.co/p/the-economics-behind-axie-infinity?s=r)

## Axie Infinity price prediction 2022, 2025 & 2030

According to DigitalCoinPrice’s Axie Infinity price prediction, at the end of 2022, it doesn’t show much rise and will be averaging $20.52. Moreover, the data indicates that in 2025, AXS's price will only reach $29.48. Comparably, till 2030, the coin does not seem too bullish as its average value in that year will likely be around $70.32. 

In comparison, PricePrediction.net suggests steady growth in the AXS price. By the end of this year, we might see it rise to around $26.71. By the year 2025, the forecast indicates that it will be averaging $88.87. Moreover, the data shows that it will cross its previous highest value in 2027. And by 2030, it will be averaging $556.99. 

## Why the sharp decline in Axie Infinity’s value?

The overall bearish trend in the crypto market can be one of the factors for Axie’s decline. However, there are two other primary reasons for its sharp decline.

1.	Hype for P2E gaming
As a torchbearer of the play-to-earn games, it has fallen short of this claim. The game isn’t quite competitive in terms of gameplay – especially if you compare it to other massively multiplayer online games (aka MMO) battle games. That’s why the player base mainly plays this game with the intention to earn rather than enjoy. 

But the game recently introduced its latest version, Axie: Origin, which doesn’t involve the AXS or SLP tokens. Though they have improved the gameplay and graphics of the game, claiming to cater to the non-crypto gamers, the version has failed to attract the masses. 
Currently, Axie Infinity has around 18,000 active players. This player count has seen a slump from over 70,000 at the start of the year. 

2.	Cyberattacks threatening the ecosystem
Cyber Attacks on the ecosystem are the other reason for a decline in the Axie Infinity price predictions. Last month, cyber attackers hacked the discord server and made a fake announcement for the minting of an Axie NFT.
Before that, on 23 March 2022, Axie Infinity blockchain also experienced grave cyber theft. This caused the blockchain to lose over $600 million worth of USDC and Ether through the Ronin Network. 

Because of these hacking attempts, gamers are becoming more sceptical towards Axie Infinity. Investing in such an ecosystem is quite risky; that’s why investors are hesitant to invest their money. 

## Is Axie Infinity a good investment?

The current Axie Infinity price predictions are in red, and its value is diminishing abruptly. It hasn’t shown any stability lately, which means higher volatility. Moreover, the overhyped P2E mechanism and the cyberattacks on its blockchain make it a risky investment. 

Nonetheless, there are some bullish Axie Infinity price predictions suggested by some analysts, too. If you’re considering investing in AXS, it’s better to conduct your research. Only invest the amount you can afford to lose and take the advice from your financial advisor before making any decision.



Hype & hacking hurdles- Axie Infinity price prediction

One of the leading Solana NFT marketplaces, Magic Eden, has announced a venture capital fund focusing on web3 games. The marketplace is looking to expand in the web3 games as it has launched an investment arm. 

Magic Eden is a Solana NFT marketplace that recently became a crypto unicorn startup. It's worth reached more than $1.6 billion. Now, the marketplace is preparing for expansion as it will focus on web3 games. The platform has announced a venture capital fund specifically for web3 games. 

## What's the gaming VC fund for Solana NFT marketplace Magic Eden for?

A venture capital fund is a pool of investments of small or medium-sized companies or startups. It is used to organise and regulate all the funds for the company's growth. Magic Eden, a growing startup that deals in Solana NFTs, has also announced a venture capital fund. 

According to the [press release](https://www.prnewswire.com/news-releases/magic-eden-launches-magic-ventures-with-focus-on-web3-gaming-301584577.html), the company has named the recently launched investment arm Magic Ventures, which is dedicated to web3 games. In addition, it will also scale up its gaming subsidiary, Eden games, through it. 

The company has diversified its team by onboarding several experienced game developers. Moreover, the company has established new partnerships with various gaming leaders.

## Tony Zhao, the head of gaming investments at Magic Eden

Besides, Magic Eden has appointed Tony Zhao as the gaming investments head. Zhao is a prominent name in this industry as he was associated with the leading Chinese game company, Tencent.  

It is expected that the appointment of Tony Zhao will help Eden games to develop its portfolio. Zhao will be working on developing web3 game infrastructures which can turn this Solana NFT market into a promising web3 games startup. 

In other news, Shanghai has developed a five-year plan that includes policies for crypto, NFTs, and also web3. Moreover, a leading video game enterprise, GameStop, has introduced its own marketplace for NFTs. Learn more about cryptocurrency, NFT, and blockchain-related news on [Moni Talks](/news). 
  



Solana NFT marketplace launch Web3 gaming fund 

Blockchain-based games like Star Atlas continue to attract many people to the crypto space. The games have become quite popular since Axie Infinity brought them into the limelight in 2021.

The games provide a way for people to learn about blockchain and cryptocurrencies in a fun and interesting way, and are also a way to earn as you play.

A blockchain-based game that is currently garnering a lot of attention is Star Atlas. This article looks at all the game offers and if it is worth the hype.

## What is Star Atlas?

Star Atlas is a blockchain-based space-themed massively multiplayer online game, set in the year 2620, built on the Solana blockchain.

In the game, three major groups exist, Humans, Androids, and various alien races. Players must pick their factions and fight other factions for resources and territorial dominance.

The game's primary goal is space exploration. Players can explore space in spaceships discovering new distinctive planets with hidden treasures. Apart from being space travelers, players can also choose to become commanders, aviators, cabin crew, scientists, engineers, and entrepreneurs.

Almost everything in the game, including spaceships, weapons, and even crew members, is tokenised and therefore tradable.

## Incentives 

There are many reasons to play the game. For example, the game combines different genres, making it interesting and worthwhile. The game's strategic aspect will have you developing plans and tactics on how to interact with other players and expand your empire through different battles.

Star Atlas's exploration aspect will have you exploring alien planets in spaceships. You get to expand your empire by discovering new planets and establishing strategic trading routes. Space exploration can also lead to finding hidden and worthwhile surprises. During space exploration, you also enjoy the game's space flight simulation aspect.

## Deflationary Mechanism

Star Atlas also stands out because of its innovative deflationary mechanism features that allow players to engage in riskier activities for great rewards.

The game has safety zones where rewards are small and danger zones where rewards are great. Those who venture into the danger zones risk losing a lot, including their lives. But, their bravery earns them great rewards, if they survive.

For example, as a player, you and your crew might decide to venture into the deepest regions of Star Atlas, where your spaceship might get lost or be destroyed. If that happens, a burning process will be triggered, destroying your spaceship. Survive the danger zone challenges and you can claim the spoils of the battle from the salvaged [NFTs](/news/category/nft-news).

Star Atlas also features consumable in-game items that are destroyed as soon as they are used. The items include construction materials and fuels. Once they are destroyed, your avatar will get a temporary boost.

## Star Atlas Tokens

Star Atlas offers two native tokens, the ATLAS token and the POLIS token.

ATLAS token: ATLAS is a utility token that powers up the Star Atlas game. Players need the ATLAS token to transact in the game. They enable you to purchase in-game NFT items like a crew, spaceship, land, and mining equipment.

POLIS token: POLIS is Star Atlas' governance token. Holders can participate in decisions about the development of Star Atlas. The more POLIS tokens an individual holds, the greater their control over Star Atlas' ecosystem.

## Solana Blockchain

Solana, a public blockchain that supports smart contracts, is designed to host decentralised and scalable apps, also known as dApps.

Founded in 2017, Solana is one of the fastest, most secure, and censorship-resistant blockchain networks. Solana also features affordable transaction fees averaging at about $0.00025 per transaction.

These are some of the reasons Star Atlas was built on it. For example, low transaction costs make in-game trading with NFTs affordable.

Besides using Solana, Star Atlas features direct integration with Serum Dex, a decentralized exchange. The integration is a plus for players as it enables them to interact with smart contract-enabled Defi platforms while gaming.

## Final Word

Star Atlas looks like a great blockchain game with a lot to offer. The game provides different gaming experiences that can easily hook lots of gamers. Built on the Solana blockchain, the game stands to benefit from its security and speed.

Players also get to benefit from two native tokens, ATLAS and POLIS. With ATLAS tokens, players can buy and trade in various in-game NFT items. With POLIS tokens, players can vote on the future direction of Star Atlas.

Star Atlas boosts its gaming experience with real-time graphics technology using Unreal Engine 5’s Nanite. The game offers what most blockchain games are yet to offer.


Star Atlas: What's the Game About?

Need a break from the real world? Then come on over to [Gala Games](https://app.gala.games/)! They have all the entertainment you need. You'll undoubtedly find something to your taste. And with their easy-to-use interface, you can start playing right away – no downloads necessary.

This article explores everything you need to know about Gala Games.

## Gala Games

Gala Games is a Web3 gaming firm that has created a ground-breaking new way of playing by employing decentralisation, player ownership, and reward economies.

It is on the cutting edge of a new gaming era, where players own their in-game experiences and are rewarded for their achievements. With dozens of games in development and several already in beta or presale stages, Gala Games is quickly becoming the world's go-to source for own-your-experience gaming.

What sets Gala Games apart from other gaming companies is its use of decentralisation, player ownership, and reward economies to create a truly unique gaming experience.

Whether you're a seasoned gamer looking for something new or a complete novice just dipping your toes into gaming, Gala Games has something for you.

## The Genesis of Gala Games

The company has created a platform that incorporates play-to-earn mechanics and non-fungible tokens ([NFTs](/news/category/nft-news)) with game developers who understand how to make entertaining games. The result? A recipe for success.

Gala Games is working with developers like Peter Molyneux and Will Wright as well as household entertainment brands such as the notorious The Walking Dead. Gala Games' president, John Osvald, said in a recent interview at the game developer's conference that while games embrace NFTs' new technology of unique digital items and play-to-earn model of play, the emphasis is on developing games that make players happy.

In other words, they're not just playing around - they're serious about fun. And we think that's pretty cool.

Gala Games is a growing empire, but it's still early days yet. The company only has 1.3 million active players, but it's raised funds by selling NFTs used in the games. It pays for blockchain processing costs by giving tokens to those who run the nodes.

The Gala Games blockchain ecosystem was established on the token GALA. The token allows players to invest in their game development, and they'll be able to get paid for being active participants in the development process.

In many video games, the game assets are virtual - only existing within the game world. However, with blockchain games, players can invest in and own their game assets. Not only that, but they'll also be able to resell them if they choose.

Moreover, players will have a say in the game's future development, courtesy of their tokens. So not only can they own their game assets, but they can help shape the game itself. Now that's what we call putting your money where your mouth is!

## Underway Games

Gala Games have nine announced games in the works and a total of 26 in progress. It began with Town Star, a town simulation and farming game, followed by the ever-popular Spider Tanks. In Spider Tanks, players can build their mechanical spider-like tanks from various parts and buy and sell their own NFTs.

But Gala games isn't stopping there - they're also working on a huge fantasy role-playing online game, Mirandus, which has been pushed back until a later date.

What’s more, they have a multiplayer survival game coming for The Walking Dead franchise. So whether you're into farming simulations or post-apocalyptic zombie games, Gala games have you covered!

## Gala Games Vs. Epic Games Partnership

Gala Games and Epic Games have entered a deal to publish Gala's titles on the Epic Games Store. Gala's Web3 games will be available on the Epic Games Store, allowing it to reach more than 194 million users and differentiate itself from other gaming token platforms.

According to President John Osvald of the Gala gaming organisation, the partnership with Epic Games will provide greater credibility to blockchain gaming. He added that the deal marks "a turning point" for players unfamiliar with digital ownership, i.e., NFT gaming.
This big win for Gala Games should help increase the adoption of blockchain technology in the gaming industry.

## Parting Shot

So, what can we learn from Gala Games? They were the first to understand how people play games and applied that understanding in a way that made their games successful. Additionally, they continue to innovate by expanding into new genres and working with Epic Games. What will be their next move?

We will find out in time, but it's sure to be exciting! 


Gala Games Explained

[Verasity’s VRA crypto price today is $0.00538](https://coinmarketcap.com/currencies/verasity/), with a 24-hour trading volume of $11.53 million.
VRA crypto has lost 2.83% in the previous 24 hours. It is currently -19.66% off its seven-day all-time high of $0.006696 and 14.76% off its seven-day all-time low of $0.004688.

VRA crypto has a circulating supply of 4.47 billion and a maximum supply of 10.36 billion.
Verasity provides compensated video player technology to big publishers and gaming developers worldwide. Within a video player wallet, the patent-pending technology enables tokenised incentives (VRA crypto) as well as loyalty systems.

The technology is already accessible for more than 500 games on the Verasity GameStore, as well as major video players that support more than two million video producers.
Its SDK products interface directly with publishers, requiring neither publishers nor users to alter their processes or habits. According to the company, this boosts engagement and income by 35%.

## What is Verasity (VRA)?

The attention-based approach of Verasity generates a VRA crypto token market between viewers, video and game creators, and advertising. It also has a built-in fiat gateway solution in the form of VeraWallet. Verasity B2B products provide SDKs for the following video players on publisher sites: YouTube, Twitch, Vimeo, JWPlayer, Brightcove, iVideoSmart, Kaltura, VideoJS, Flowplayer, and Ooyala, which account for more than 95% of all video players used. Proof of View (PoV) is in the works.

Verasity technology has obvious applications in both the advertising and video-on-demand markets. Global digital ad expenditure reached $455 billion in 2021, with a forecast increase of $70 billion to $525 billion in 2022. Advertising spending globally is expected to exceed $645 billion by 2024, representing Verasity's addressable market.

However, up to 40% of this ad expenditure is wasted due to ad fraud. Verasity seeks to address this issue. VeraViews will primarily guard against fraud in the multibillion-dollar Video Demand sector.

In 2021, a global poll of weekly video content watching patterns discovered that 63% of respondents utilised VoD services either through paid streaming or through online publishers each week, compared to only 30% on traditional cable or satellite television channels. eSports accounted for 27% of respondents' weekly video streaming.

## VRA Predictions

According to analysts, VoD services will produce $120 billion in income in 2022. For the first time, video ad placement will account for more than half of all ad expenditure in the United States, the world's largest advertising market.

Finally, it is anticipated that 2.298 billion users will have access to or a subscription to some sort of VoD service by 2026, representing a whopping 29% of the world's population. That demonstrates the magnitude and future potential of the industry Verasity is entering.

Verasity can tap into the ad business and the larger consumer market through [NFT](/news/category/nft-news)-based assets. Emergen Research has forecasted that this will reach $3.5 trillion globally by 2030 as NFTs are used by corporations and to verify digital ownership across a spectrum of assets.

Bots devour up to 40% of the $455 billion ad expenditure rather than people. That amounts to many billions of dollars in squandered advertising by businesses and marketers, who frequently just reduce the number of commercials they run or reduce advertising budgets to offset their losses.
More than two million video producers are dealing with the issue that companies are no longer willing to spend as much for ad space since there is no reason to assume that individuals see their adverts.

Verasity, on the other hand, identifies ad fraud as it occurs. VeraViews uses more than 200 touch points and AI to assess whether a bot or human is watching an ad or content based on the viewers' behaviour in real-time. Ad fraud is recognised and eradicated instantly, rather than waiting for a post-delivery fraud investigation or asking for reimbursements from publishers.

The Proof of View mechanism also prohibits unscrupulous actors from using various techniques to alter view counts and viewership metrics. Multiple metrics are acquired when viewing the material during the content view evaluation step. 

More [Altcoin news](/news/category/altcoin-news).


VRA Crypto: Understanding Verasity

[Lucky Block](https://luckyblock.com/) has introduced a new concept into the crypto finance space. As an area that has contributed immensely to the creation of crypto casinos for people who love to gamble with cryptocurrency, Lucky Block is the latest project in gaming finance ([GameFi](/news/category/gamefi)).

As an easy-to-use protocol, Lucky Block has employed the features of blockchain technology to develop a decentralised lottery system. Like crypto casinos, there are no centralised financial institutions (traditional banks, insurance companies, and clearinghouses).
The Lucky Block project aims to solve various problems that have mired the current centralised gaming systems, such as delayed payouts, on-demand liquidity problems, and security.

With more than 19,000 crypto projects circulating in the market, as of June 2022, Lucky Block has much catching up to do. Fortunately, unique innovations jump several queues within a short period, and Lucky Block could gain popularity fast with the launch of many events.
With a cryptocurrency attached to the project, called LBLOCK, available on the market, will LBLOCK and the entire Lucky Block project survive?

## What is Lucky Block (LBLOCK)? 

Launched in January 2022, Lucky Block is a blockchain-based lottery protocol housed in the Binance Smart Chain (BSC). The primary purpose of Lucky Block is to improve transparency and fairness in the electronic gaming world by creating a system where every player has an equal opportunity of winning.

The project has a massive team behind its continuous development. London-based Scott Ryder serves as the Chief Executive Officer. Its native asset, LBLOCK, serves as the token that oversees transactions on the Lucky Block protocol.

LBLOCK is also the ticker symbol Lucky Block’s ecosystem is associated with on exchanges such as PancakeSwap.

At the launch of the project, a total of 100 billion LBLOCK tokens were distributed.
As of Tuesday, June 14, 2022, there were around 40.77 billion tokens in circulation. This means that more than 50% of LBLOCKs are still available for purchase.

## How does Lucky Block work? 

Currently, thanks to the use of digital currencies and crypto wallets, it has become easy to use casinos. This is because you only need an internet connection and a cryptocurrency supported by a crypto casino to wager, stake, or bet on sports as well as gaming products designed by the gaming platforms.

Lucky Block has introduced a concept that differs from crypto casinos.
If you are an LBLOCK holder, you can decide whether or not to take part in a periodical jackpot by locking some of your tokens.

Lucky Block launched its first jackpot on May 31, 2022. The prize was $1 million and the total number of tickets purchased was 873,541.

## How does Lucky Block's lottery, or jackpot, work?

Per the terms of transactional taxes in the project's whitepaper, 1% of transactions will be burned, 3% will be put into non-fungible tokens (NFT) and gaming royalty funds, 4% will be deposited into liquidity pools, and 4% of fees will be placed into a lottery (jackpot) pool.
So far six (6) lotteries have taken place. The winner takes home 70% of the jackpot.
Out of the remaining 30%, 10% is redistributed to LBLOCK holders depending on the size of their holdings. Another 10% goes into marketing, and the remaining 10% is deposited into a charity fund.

Draws were also made on June 6, with prize money of $42,714, and 473,525 tickets were purchased, and on June 10, when the prize money was $5,000 and 516,333 were purchased.

## Is Lucky Block (LBLOCK) a Good Investment?

Lucky Block can be considered a good investment based on the price forecast made by experts at the technical analysis-backed portal, Digital Coin Price, and Price Prediction.net.
According to Price Prediction.net, LBLOCK could command a minimum price of $0.001 and a maximum price of $0.002 by the end of 2022.

The cryptocurrency shed more than half its peak market value in November 2021, so consider risks and rewards before investing in LBLOCK.

That said, LBLOCK is exchanging hands for $0.0009954 and can be considered a low barrier to entering the crypto trading market.

With $100, you could buy around 100,462 LBLOCKs, and see how much in rewards the tokens could bring you in the short, medium, or long term.


Lucky Block Crypto: What Is It?

This guide will help you learn about the best crypto games and how to earn money with play-to-earn digital games. 

Every gamer wishes to make some money while doing what they do best - playing video games. Because of crypto gaming, it is now possible to play to earn in games now.

Crypto games where you can play to earn have opened a new dimension to the gaming industry. Now, you can not only enjoy free-to-play games but can also make earnings while playing them.
These play-to-earn games deal in decentralised crypto tokens. The tokens work as in-game currencies, which you can liquidate into real cash, too.

If you're new to blockchain technology, you might find it a bit confusing. This is a guide on how to earn crypto playing games and some of the best crypto games to explore!

## Can You Really Earn Money Playing Crypto Games?

To most people, these games sound like a Ponzi scheme, and they often question, "are play-to-earn crypto games legit?". The short answer to that is yes.

These are blockchain games that allow you to earn in-game crypto coins. Through those coins, you can either buy other in-game accessories or can save the amount in your crypto wallet.
Most often, these play-to-earn crypto games require initial investments, and that’s where most people become hesitant. However, this investment works the same way as the investments for any other cryptocurrency.

## What's the Process?

Simply put, you buy an in-game character or item that can be an [NFT](/news/category/nft-news) and play the game through it. As you progress, you get in-game crypto coins. This way, you can earn crypto playing games and make large profits on your crypto investments.

## Understanding Play-to-Earn Crypto Games

Play-to-earn crypto games have an economic system that works on blockchain technology. A blockchain is a database where you can store digitised data as blocks of information. Cryptocurrencies leverage this technology in the best way. The reason for that is to make it a safe and secure alternative to standard currencies.

Information on blockchains is unchangeable. So, it provides transparency for each transaction in the blockchain. Also, as blockchains are decentralised, there is no single authority to control them, and all the users share their control.

You will find many play-to-earn crypto games now having their cryptocurrencies. They can either be free-to-play games or might need an upfront investment. Nonetheless, you can make profits from it by playing the games. These play-to-earn games run on a rewarding system. So, when you complete a mission or challenge, you get rewards in the game’s native cryptocurrency or NFTs.

## What’s the Purpose of NFTs in Blockchain Games?

Non-fungible tokens, or NFTs, are not only digital pieces of art, but they have several other real-world uses as well. One of which is their role in the gaming world. In gaming, an NFT can be your playable character or an in-game item that helps you in the gameplay. NFTs are the in-game currency instead of crypto tokens in some play-to-earn games.

When you play crypto games, you have to buy these in-game NFTs at the beginning of the game. These NFTs become your digital assets and let you earn profits. As you advance through different levels or complete quests, you can get in-game currency, aka NFTs, as rewards.

The best thing about NFTs in play-to-earn games is that they have real-world value. When you own an in-game NFT, you can also trade it for real money. Besides, as your digital assets live on an immutable ledger, your transactions will be secure. So, you can sell, buy, or rent the in-game NFTs as per your wish.

## Best Crypto Games to Make Money: The Top Five!

Now that you know the potential of crypto gaming, you might be interested in earning crypto by playing games. So, here’s the list of the best crypto games that you might want to explore to make large profits!

### 1. Axie Infinity
Axie Infinity is a leading play-to-earn crypto game. It is an NFT-based game that deals with two Ethereum currencies. The first is SLP - Smooth Love Potion - and the second is AXS - Axie Infinity token. AXS token has a higher value which is $21.65. On the other hand, the SLP value is relatively low, only $0.005587.
Axie Infinity is of the battle genre. There are different NFT characters, which you can buy and start playing the game. These NFT characters are Axies, who accompany you like your pets as you compete in battles.
The entire in-game economy of Axie Infinity revolves around Axies. You can breed them, raise them, and can trade the accessories. However, your main goal for earning more is to collect as many Axies as possible.

### 2. [Illuvium](https://www.illuvium.io/)
For a crypto game that can earn you high profits, Illuvium is worth trying. It is another NFT-based game where you can collect NFTs to earn crypto. The game’s cryptocurrency is referred to as ILV. ILV’s one token is worth $303.74, which shows the game’s immense potential.
Illuvium is a sci-fi auto battler game having seven adventurous alien landscapes. It works on the Ethereum blockchain and has a variety of collectibles. These collectibles include alien creatures called Illuvial.
Illuvium’s gameplay involves capturing and training Illuvials to form a strong team. You will have a better opportunity to earn ILV tokens when you complete its PVE quests, gain special achievements, or win tournament games.

### 3. Decentraland
Decentraland is one of the most popular titles among metaverse games. It is also a play-to-earn game that offers a stable crypto token, MANA. You can consider investing in MANA to generate a steady income stream. Currently, one MANA is around USD 1.19 and shows potential to make further gains.
This game offers a 3D virtual reality platform where you can build anything you like. From an e-store to a separate Decentraland game - you can build it all. To earn through this game, you have to buy a piece of land and wait till its price appreciates.
However, Decentraland also offers several other crypto earning streams. It includes developing your games, organising events, minting NFTs, or working for other landowners in the metaverse.  

### 4. The Sandbox
Another popular play-to-earn game cryptocurrency is SAND from The Sandbox game. Like Decentraland, the Sandbox is a metaverse platform. Its crypto token, SAND, is a stablecoin, having a current price value of USD 1.34.
 
On Sandbox, anyone can create games, as you do not need coding knowledge for its development. Moreover, if you are an artist, you can create NFTs with its VoxEdit tool. But for minting them, you would need approval from the creator’s fund.

The crypto earning streams, the Sandbox offers to mint NFTs and buy land to create castles or gaming experiences. It also allows players to buy a piece of land in the metaverse.

### 5. [Pegaxy](https://pegaxy.io/)
Pegaxy is a futuristic racing game based in the Pegasus Galaxy. In Pegaxy, players buy Pega (horses) to compete and win the races and collect Vigorus (VIS) – the in-game crypto token. As of now, VIS does not have a high real-world price, but the game looks quite promising.

Pegaxy has immersive visuals and involves competitive gameplay. The game has PvP mode, where you can compete with your own pega. When purchasing pegas, you have choices; the game offers a wide range of pegas with different characteristics. Besides racing, you can also breed pegas or rent them to earn more coins.

## Conclusion

Crypto has unlocked a new dimension to the gaming world. Now you can play games and earn crypto simultaneously. The gaming industry now has a genre of play-to-earn crypto games that have their own crypto tokens. These games reward you with digital assets that can be in-game currency or NFTs. You can trade or liquidate these digital assets for cash, as they are worth real money.
Exploring some of the best crypto games might be an excellent idea for any gamer looking to play and earn money!


Play-to-Earn Games: Can You Make Money?

Is free [Bitcoin](/coins/btc) mining a scam? Is it possible to mine Bitcoins by playing free Bitcoin mining games? Here are 11 free Bitcoin mining games you can play to win Bitcoins.

1.	Roller Coin
2.	CryptoPop
3.	CropBytes
4.	Bitcoin Bounce
5.	Bitcoin Food Fight
6.	Crypto Planet
7.	Bitcoin Blast
8.	Bitcoin Solitaire
9.	Alien Run
10.	Bitcoin Blocks
11.	CryptoWin 
 
Mining Bitcoin has been made accessible and achievable for you. Read on to find out more about these games and how they work.

## What is Bitcoin?

Bitcoin, also known as BTC, is the largest and most popular cryptocurrency in the crypto space. It was created in 2008 by Satoshi, an anonymous person who remains anonymous. Bitcoin is simply digital money whose transactions cannot be traced, but are considered safe, just like other cryptocurrencies. 

## What is Bitcoin Mining?

Bitcoin mining is simply a way of creating new Bitcoins, and it serves as a form of maintenance for the coin’s network. Bitcoin mining is usually a challenging process that involves solving complex cryptographic calculations. And this often requires the use of high-level computer systems. 

If mining Bitcoin is tough, how possible is it then to get Bitcoin by playing free Bitcoin mining games? After reading about Bitcoin mining, this is probably the question on your mind. 
It is entirely possible to mine Bitcoin for free just by playing games. You should be aware that these games are not random; they were specifically created for mining coins.

Please note that Bitcoin isn’t the only cryptocurrency mined by playing free games. It is also important to know that not all coins are created by mining. 

## 11 Free Bitcoin Mining Games

Here’s a list of carefully selected free Bitcoin mining games you can play and win actual Bitcoins. 
Bitcoin mining is made easy with these play-free play-to-earn games. Why just play games on your mobile when you can actually play and earn at the same time? In no particular order:

1.	Roller Coin: This is an online virtual Bitcoin mining game. Players compete against their friends to mine Bitcoins. This mining process is fun and easy compared to the primary mining process. You get to complete missions, and tasks and, most of all, play a fun game to build your mining empire. You just need to sign up, log in, and customise your character. Nothing complicated, just an easy play-to-earn game, and you get to win actual Bitcoin. 

2.	CryptoPop: Who says Bitcoin mining has to be difficult? There is no use mining the hard way when you can enjoy yourself while earning notable cryptocurrencies. The game is almost like candy crush, but instead of candies you have to tap on some group of cryptocurrencies to pop them. Points are added depending on how many pins you pop in one tap. To start playing the game, you need to input your Coinbase email address in the wallet section to record your points. Once you have gotten enough points, it’s time to get paid. 

3.	CropBytes: If you played the popular Farmville game in the past, then this is your chance to earn big from this game. Like Farmville, you need to grow, harvest your crops, feed your farm animals, that is, your livestock, and then collect products from them. The products collected from your livestock, such as milk and eggs. It can be traded for crypto, and you also need to reinvest in the farm to keep it running and earn more money. To play the game, you first need to sign up, then to withdraw your earnings, you need to send your wallet address to the game's support link.

4.	Bitcoin Bounce: As the name indicates, this is a game that involves bouncing, in the sense that you have to bounce from one platform to another without falling. You also need to pick up all the power-ups you find along the way to help you survive longer.

5.	Crypto Planet: The game is about mining crystals; all you need to do is activate the digger and leave it for eight hours, then come after to claim your crystals. These resources can now be used to buy Space Chests from the game shop, which you'll need to earn real cryptocurrencies. You will earn more cryptos at the end of the day as you mine more crystals from planets. The trick to earning more crystals faster is to incubate some, and you’ll get more after a few hours. Also, there are daily quests to harvest more crystals and get more Space Chests. Cryptocurrencies earned are stored in the in-game wallet. You can be able to withdraw once you reach the withdrawal limit. Your earnings can also be transferred to any supported external wallet.

6.	Bitcoin Food Fight: In Bitcoin Food Fight, the fight is not against other people, but rather against the food. Nice twist! You throw knives at pizzas and other food items to make them fall apart. In this game, you need to aim for the space between the knives already stuck to the food. And ensure that your knife does not clash with another, as it will reset the level. Everyone is a winner in this game, and you get rewarded with Bling points whether you win or lose. You can convert your Bling points to Bitcoin, and you can cash out every seven days. To claim the Bitcoins you earned, you need to enter your Coinbase account in the Redeem tab.

7.	Bitcoin Blast: This is a simple game. You need to make a chain of at least three Bitcoins to clear the board. The length of the chain determines your earnings, meaning the longer the chain, the more you earn. To start, you need to sign up for Bling, and you also need a Coinbase account.

8.	Bitcoin Solitaire: Do you know about the Solitaire game? Well, this game is the same as the original Solitaire game. For those who do not know about Solitaire, the game is played by arranging each deck of cards into ascending order. The deal is for you to make faster moves. You need a Coinbase to be able to withdraw your earnings.

9.	Alien Run: Did I mention earlier that this is a list of fun games? Alien Run is indeed a fun game with a different twist from others. In this game, you gain points when you pass five levels. In the game, you play as Daniel D’Alien, and you run and jump across platforms that change occasionally. The game has many levels with unpredictable twists that make it even more fun. Like other mining games, you need Coinbase to be able to collect your rewards.
 
10.	Bitcoin Blocks: The game simply matches at least two blocks. The deal is to match more than two blocks so that you can win combos that enable you to get rid of the blocks easily and earn points. You'll need a Bling account and a Coinbase account to start playing the game to claim your profit. Please be aware that the game automatically locks you out for 12 hours when you play 15 consecutive turns.
 
11.	CryptoWin: This is a great game that is good for memory testing. How sharp is your memory? Well, it is time to find out how active your memory is. To play the game, all you need to do is tap any card on your screen, then find the other pair by flipping other cards. There is a time limit, though, so do well to finish before the time ends. There are many levels in the game. The more you win, the harder the game becomes, and the more games you win, the more you earn.
There are various ways to earn digitally, and free Bitcoin mining games are one. You can earn big from the comfort of your home at your leisure. You can earn actual Bitcoins just by playing these free Bitcoin mining games. They are fun, easy, and, of course, free.

Ensure that you do not put details that can compromise your wallet for safety purposes. Enjoy your games while earning.


Free Bitcoin Mining: Experience the Best Games

Do you like to play games? Metaverse games are a new and unique way to make money. They involve interaction with other players in one virtual world, making the experience more fun and engaging. You can also promote your brands according to your terms in these games.

Many companies have turned their attention towards metaverse games following Facebook's re-brand to "Meta." This means that top metaverse games will rise in prominence in the coming years. To be part of the cutting edge of gaming, don't miss out on this incredible opportunity - get started now!

## Famous Play to Earn Metaverse Games

Those seeking ways to make some serious cash might want to think about getting in on the Play-to-Earn revolution. With this brand-new business model, you can use non-fungible tokens, cryptocurrencies, and other blockchain technologies to generate real-world value from in-game goods and other digital products.
Here are some popular P2E games:

## [Axie Infinity](https://axieinfinity.com/)

There are now many games where users can earn real money. Axie Infinity is one of the most popular games in this category, and it's easy to see why.
Based on the popular Pokémon franchise, Axie Infinity allows users to breed, race, and trade their pets, called "Axies," for money or SLPs. What's more, the game is NFT-based, meaning that it supports [Ethereum](/coins/eth)-based cryptocurrencies as payment methods.
If you're looking to make some money in the Metaverse, check out Axie Infinity. Who knows, you might just hit the jackpot!

### Features

Adventurous: You must fight with chimera and gather important treasures to go further in this action-packed game. This will be useful when it comes to improving your army.
Become a legend: If you want to be legendary in PvP battle, you will need to be able to defend yourself against difficult opponents.
Breeding: You can create a new ultimate offspring by crossing your axies.

## Alien Worlds

If you're looking for a metaverse game that'll take you to another world, look no further than Alien Worlds. This game consists of seven planets that reproduce a digital facsimile of Earth. Each has its unique economy based on Trillium (TLM) game tokens. The game is available for free on the Steam platform, so you can explore all it offers without breaking the bank. You can stake Trillium on planets to cast votes in upcoming elections or increase the prize pool. In addition, you can participate in weekly council elections, make proposals for how planetary money should be divided, and even run for positions on the planetary council yourself.

And if you're looking for an out-of-this-world metaverse game experience, check out Alien Worlds.

### Features

Metaverse Art Space: You can produce games, music, artwork, and stories here.
You can use the Metaverse to establish your community. Share activities, objectives, or experiences with your fellow travelers on the Metaverse.
Explore: You can hire a spacecraft and explore the Metaverse here.

## Splinterlands

Metaverse games like Splinterlands are becoming increasingly popular as they offer a unique and immersive gaming experience. In Splinterlands, players take on the role of summoners, battling it out with fantastical creatures in various exotic locations.

The game features an innovative card-based combat system. It offers players a wide range of customisation options to create their perfect teams. With its engaging gameplay and rich metaverse setting, Splinterlands is quickly becoming one of the most popular metaverse games on the market.

Splinterlands is one of the play-to-earn Metaverse games, making it a more enjoyable experience.
The gamers can buy, sell, and trade their digital assets just as easily as if they were physical cards in this section. Overall, the game is a fun and unique way to metaversing!

### Features

Swift Transactions: In Splinterlands, transactions are quick, and the expenses are low.
Become a critical thinker: Splinterlands is all about maximizing your chances of winning and constructing the finest team possible by devising the most effective methods in your favor.
Transparency: Users may examine and verify the history of each card in Splinterlands and how many distinct kinds of each card are or will be available in the future.

## Conclusion

Whether you're a gamer looking to make extra cash or a businessperson searching for new marketing opportunities, metaverse games offer many potentials. With the continued growth of the virtual and augmented reality markets, more and more businesses will likely begin experimenting with game-based marketing campaigns.
So far, we've seen some great successes from games like Axie Infinity, Alien Worlds, and Splinterlands.
If you're looking for ways to reach new customers and increase sales, metaverse gaming may be just what you need.


Metaverse Games To Make Money: A Guide

M
## Could VRA crypto transform the future of online sports and gaming?

There's no question that the gaming industry is booming. But what many people may not know is that a large portion of this industry is driven by Esports. In fact, Esports viewership has now surpassed traditional sports in some cases! This is why it's so important for companies operating in the Esports space to adopt new technologies and platforms that can improve their business.

One such technology is blockchain-based virtual reality asset (VRA) crypto. Here, we explore how VRAs could transform the Esports and in-game ownership industries.

## What Is VRA Crypto?

[VRA Crypto](https://coinmarketcap.com/currencies/verasity/) is a revolutionary new cryptocurrency designed specifically for use in the fast-growing Esports and gaming industry. With the growing popularity of competitive online gaming, VRA Crypto allows users to trade virtual weapons, skins, or other items used in their favorite games.

Additionally, VRA Crypto can be used to make payments or donations to streamers or professional gamers, allowing fans to support further their favorite players with ease. Overall, VRA Crypto is paving the way for a new era of connectivity and engagement within the booming Esports and gaming industry.

Whether you are an eager gamer looking to invest in an exciting new cryptocurrency or a parent who wants to encourage your child's interest in online gaming, VRA Crypto has something for everyone.

## The Benefits of Using VRA Crypto

VRA Crypto is a cryptocurrency that offers several benefits for gamers and esports enthusiasts. Perhaps most importantly, it is designed to be used as a means of payment for gaming-related activities.

This means that it can be used to purchase in-game items, pay tournament entry fees, or even tip streamers. Because VRA Crypto is built on the blockchain, it is also highly secure and cannot be counterfeited. In addition, the use of VRA Crypto can help to reduce transaction fees, as well as improve transparency and accountability in the gaming industry. Ultimately, VRA Crypto has the potential to revolutionise the way that gamers and esports fans interact with one another.

Virtual Reality and Augmented Reality technology are becoming increasingly popular in the gaming and Esports industries. VRA Crypto is a new virtual currency that can purchase in-game items and rewards.

### The benefits of using VRA Crypto include:

•	Instant transactions: VRA Crypto can be used to purchase, instantly, in-game items and rewards. There is no need to wait for bank approvals or other delays typical of fiat currencies.
•	Lower fees: Transaction fees with VRA Crypto are significantly lower than those associated with traditional payment methods such as credit cards or PayPal.
•	Security: VRA Crypto uses blockchain technology to secure transactions. This means that your personal information is safe and cannot be hacked or stolen.
•	Anonymity: You can remain anonymous with VRA Crypto. This is perfect for gamers who want to keep their personal information private.

If you are looking for a new way to pay for gaming and Esports purchases, then VRA Crypto is worth considering. The benefits of using this virtual currency are numerous, and it will only become more popular in the future.

## Can VRA Crypto Create Fairer, More Transparent Ownership?

As modern games become increasingly complex and interconnected, with frequent updates and new content released regularly, ownership models become more opaque and confusing. This has led to frustration among both players and fans who feel they have lost their investment or stake in a game they love.

To create a more fair and transparent ownership model for players and fans alike, VRA Crypto uses innovative new technologies like blockchain and crypto tokens. By leveraging these cutting-edge tools, it provides secure and immutable records of every player's activity in the game. With this transparency, users can see how their favorite players are rewarded for their actions in real-time, giving them deeper insight into the gameplay mechanics.

Bringing blockchain into the mix creates a decentralised platform where everyone's contributions are valued equally and fairly, no matter their socioeconomic status or geographical location.

Adopting VRA Crypto as a platform of choice can help level the playing field for gamers everywhere and create a more inclusive gaming landscape.

The platform uses distributed ledger technology, or blockchain, to give players absolute control over their virtual assets using vRAC tokens. With this approach, all transactions within the gaming ecosystem can be tracked in real-time.

Beyond providing a more fair and transparent ownership model, VRA crypto also allows players to support the development of games they love by owning equity through our built-in fan society program.

## VRA Crypto to Improve Your In-game Experience?

VRA Crypto can improve your in-game experience by providing a more secure and private way to play. With VRA Crypto, all transactions are conducted through a blockchain, which is highly secure and cannot be tampered with. In addition, because it is a decentralised network, it is much faster and more efficient than traditional methods.

As a result, gamers enjoy a smoother and more enjoyable experience without worrying about personal information security.

Several different game developers and platforms currently accept VRA, and the list is growing.

## How VRA Crypto is Being Used

Alongside purchasing in-game items and paying tournament entry fees, VRA can be used to buy merchandise from gaming companies and to donate to charities that support the gaming industry.

VRA is used to reward players for their accomplishments in-game. This provides an incentive for players to keep playing and improving their skills.

It is also used to pay sponsorships, prize pools, and other gaming-related expenses. This allows esports organisations to reduce their costs and pass on the savings to their players. As a result, VRA is helping to make esports more affordable and accessible for everyone.

## The Future of VRA Crypto

VRA crypto is developed with the gaming and esports industry in mind. The VRA crypto team comprises industry veterans who have been working on this project for over two years.

The team believes that this new digital currency will have a major impact on the gaming and esports industries. With the VRA crypto, gamers and esports professionals will have a new way to monetise their skills and talents.

In addition, VRA could help to improve the overall quality of gaming and esports by providing a more competitive environment.

## Conclusion

VRA crypto is different from other digital currencies because it uses a unique algorithm that allows for faster transaction times and lower fees.

The VRA crypto is also optimised for gaming and esports applications. It can be used to make in-game purchases, pay for gaming services, and bet on esports matches.

VRA is also integrated with popular streaming platforms such as Twitch and YouTube. This allows gamers to use the VRA to tip their favorite streamers. 
It could revolutionise the gaming industry by making it easier and cheaper for gamers to transact.

More [Altcoin news](/news/category/altcoin-news).


Can VRA Crypto Transform Esports?

The Sandbox blockchain is a community-driven NFT game where users can create their own worlds and earn cryptocurrency. It is one of the top games that implement the play-to-earn model (P2E), allowing players to develop assets and profit from them.

## What is The Sandbox All About?

The Sandbox is a multiplayer game that allows players to create their own worlds with unique objects. You can draw relief maps, make all kinds of puzzles, build a labyrinth, or visit the created worlds of other users. The Sandbox games don’t require programming skills; you just need to realize your ideas and create your own game. You can create games alone and with friends.

## How does The Sandbox work?

The Sandbox world consists of voxels (pixels with 3-D volume), similar to Minecraft’s cubic graphics. But it gives everyone a chance to create a game, design characters, and earn SAND tokens by finishing quests.

## Where can I play The Sandbox games?

The Sandbox is easily available on the App Store and Google Play Store. It also has a desktop version, only supported on a PC with at least a 64-bit processor, minimum Windows 7 and 4GB RAM.

You can start this creative unique by owning plots of LAND, which is a space to build assets, such as games and building, turning them into profits.

As of April 2022, the value of 1 SAND is $2.96 (£2.27).

## How to earn money in The Sandbox games?

The game’s main idea is to create unique items you can sell. So, you have to be creative to make money in the Sandbox.
One way to earn some SAND is to create artworks and sell them on the market. Another way is to create game designs and charge other players to play them.

If you want to generate passive income, owning LAND can also help you earn as the price of the cryptocurrency increases when more players invest in the game.

The game also allows users to rent out their LAND to other players and earn by participating in competitions and playing platform games.

## How to get started

To play the Sandbox game, you will need to install a wallet as a smartphone app or a browser extension to store your SAND and virtual assets like LAND.

The start can be quite expensive as you will need to invest some money into SAND and LAND. Once you log in with your wallet and buy real estate, you can start trading NFTs and assets. You can start creating your own by using one of the free tools The Sandbox offers:

•	VoxEdit: a free 3D modeling software for PC and Mac.
•	Market: a decentralized NFT marketplace, allowing users to trade assets for profit
•	Game Maker: a basic visual scripting toolbox editor, allowing to design games without coding

If you learn more about these tools, it will help you demonstrate your creativity and make a profit in no time.
What Does the Future Hold for The Sandbox in Metaverse?

One of the most promising NFT projects, The Sandbox, has partnered with over 165 brands, including The Walking Dead, Atari, and Smurfs. It has also raised $93 million so far and is dedicated to establishing its grounds in Metaverse.


Metaverse Sandbox Games: How to Play and Earn?

Polarity.  Volatility.  Even Mass Hysteria.  A wide array of terms can be used to explain the phenomenon of cryptocurrencies in 2021.  Whatever the term, it’s most certainly the type of phenomenon capable of creating new millionaires, which the market most certainly did in 2021.  Of course, celebrity tweets played a role in promoting the popularity of the market, but what a year it’s been for those with an iron stomach. 

Wall Street has always been fond of saying that “volatility works both ways” and you can ask the investors who bought into altcoins like AXS, SAND, or FTM back in January if truer words were ever spoken.

Though rocky at times with a couple of monumental dips, it was a fine year for the cryptocurrency market as it made huge strides towards mainstream adoption and gained $30 billion in new investments.  Those are remarkable achievements for a market that hasn’t yet adopted a regulatory framework and was all but outlawed by a global superpower (China). Still the popularity of digital assets continues to grow _no matter what_ the world seems to throw at investors. 

## A Look Back at 2021

A look back at the top-performing digital coins of 2021 reveals one thing about the future – get to know **[metaverses](/news/category/metaverse-news/)**.  Facebook's recent re-branding as “Meta” ignited a _powder keg_ that thrust every coin that was metaverse related into the stratosphere.  Essentially, a metaverse is a virtual world where people socialise, go to virtual shopping malls, buy virtual real estate, and do pretty much anything they would do in the _real_ world.  Most of the top-performing coins of 2021 are playing an increasingly crucial role in these metaverses:

### Gala (Symbol: GALA) – Revenue from the global gaming market is expected to reach $200 billion in 2024. At the center of it is a blockchain-gaming platform, GALA – a digital currency that shot up an absurd _51,000%_ in value in 2021.

### Axie Infinity (Symbol: AXS)– Another metaverse-related cryptocurrency that took early investors on a Nantucket sleighride in 2021.  Axie Infinity posted a gain of nearly 19,000% this year. 

### The Sandbox (Symbol: SAND) – Rage on, metaverse coins!  Sandbox has locked arms with mega-boosters, like Snoop Dogg who incidentally built his very own virtual mansion in the Sandbox platform.  Tallying a 14,530% pump in value since the start of the year, SAND enjoys its rightful place as one of our top performers of 2021.

### Fantom (Symbol: FTM)– Best described as a provider of ledger services to global businesses, Fantom has posted a surge of almost 9000% in 2021 and, with its very strong fundamentals, there could be more room to grow in 2022. 

### Decentraland (Symbol: MANA) – [Decentraland](https://decentraland.org/) is a wildly popular virtual world with 300,000 monthly participants (and growing).  Many of them wanting to purchase land or trade their digital wares in the platform.  To do it, they’re using Decentraland's official digital currency, MANA.  The surge in popularity was able to boost the value of MANA by almost 4000% in 2021.

As we march into the new year, we all aspire to discover the next coin best-positioned for a 50,000% gain.  Be prudent about your research, and understand this market is still young, extremely volatile, and oh-so exciting.

Momentum Behind 2021’s Crypto Gaming Coins

Step aside NFTs, the metaverse and GameFi token craze is real. In what has been a dismal week for major cryptocurrencies like Bitcoin and Cardano, largely due to the signing of the US Infrastructure Bill, the rejection of a US spot Bitcoin ETF, crazy Bitcoin profit bookings, further Chinese crypto sanctions and news of the possibility of crypto being banned in India, many metaverse and gaming tokens have experienced considerable growth.

MANA, SAND and GALA in particular have witnessed substantial growth. Public sentiment is so bullish at the moment that a Decentraland patch of real estate [sold for nearly $2.43 million](https://www.reuters.com/markets/currencies/virtual-real-estate-plot-sells-record-24-million-2021-11-23/) on 23rd November! Following Facebook's rebranding to Meta last month, the world is looking at such projects with keen interest. GALA is a gaming asset worth looking at closely.

## What is GALA and should you buy it?

I am not giving you investment advice but wow, GALA sure is a fascinating investment prospect. In the past year, GALA has surged 200,000+% and reached an all-time high of nearly $0.06 on 25th November. GALA powers the Gala Games ecosystem, an Ethereum-based gaming network.

Gala Games currently offers 2 blockchain-based games and is developing 3 more. The decentralized ecosystem is controlled by its users – all decisions are taken by node holders and players, be it related to the development of a new game or what should be funded by the ecosystem.

Node holders can run nodes (Gala Nodes) via their computer systems and earn rewards such as GALA, limited edition NFTs and much more. You can purchase a Gala Node license for the same. All items that you win in-game are yours and are verifiable assets on the blockchain. GALA represents a long-term investment option, so explore its underlying project at your convenience.



Metaverse tokens and GameFi – a new trend

The adoption of blockchain technology continues apace with new and exciting avenues, presenting themselves on a weekly basis.

There is no more exciting environment than virtual reality and the metaverse right now. It seems as if these two worlds are the perfect fit for blockchain technology.

## GameFI Eco-System Fund

With this in mind, cryptocurrency trading giant FTX released details today of a brand new investment fund targeting [Gamefi](https://hub.gamefi.org/#/), the Metaverse and Web 3.0 companies. As a joint venture between FTX, Solana Ventures and LightSpeed Venture Partners, the ‘GameFi Eco-System Fund’ is allocating $100 million to invest in gaming studios, technology companies and ‘other projects’.

## Web 3.0

Web 3.0 can be thought of as the next evolutionary step of the internet. Through the use of artificial intelligence, decentralised networks and blockchain technology, the internet is set to undergo a revolutionary transformation. With many people viewing the evolution of Web 3.0 as less than 2 years away, the launch of the ‘GameFi Eco-System Fund’ is evidence that large investors are taking this space seriously.

This new version of the internet will be faster, fairer and have less need for central points of control and authority. Now, artificial intelligence and machine learning take the leg work out of administering and authenticating internet content.

## Play to Earn

Amy Wu of LightSpeed Venture Partners said gaming was a massive opportunity to ‘bring the next billion users to Web 3.0’. The global gaming market is currently estimated to be worth around $100 billion. Many analysts are expecting those figures to double in the next two years due to new concepts, which appeal to a much wider audience.

Mobile games like Axie Afinity and HeroFi have shown how blockchain technology and NFTs can be successfully incorporated into the gaming universe. Play to Earn gaming concepts have become huge hits in the Far East. Users can generate, trade and earn cryptocurrency by simply playing games on their mobile phones.

More [GameFi news](/news/category/gamefi).


‘GameFi Eco-System’ Fund $100m launch

It's time to talk crypto gaming.

Elon Musk once famously said, “Paper money is going away.”

Alluding to cryptocurrency, Musk suggested that “Crypto is a far better way to transfer value than pieces of paper, that’s for sure.” Musk’s prediction seems to be coming true, as crypto is becoming a very popular currency form to not only invest in but also to use in a variety of things.

It’s known that includes a wide range from the famous bitcoin pizza all the way to purchased real estate... and fund a player’s online gaming wallet?

No, not video games. Gaming, as in casino games that offer various options to WAGER in.

Yes, Crypto has made its way into Gambling.

## Gambling and Crypto

In 2020, many businesses including land-based casinos saw a temporary halt to their operations due to COVID-19. During that time, online gaming and cryptocurrencies rose in popularity. The global online gaming revenue hit approximately $66 billion in 2020—an increase of $8 billion when compared to 2019. 

But this isn't a new thing- gambling and crypto have a history together.

Cloudbet Casino is a well-known crypto casino site, which has been running since 2013. They offer a nice crypto welcome promotion for new players that consists of a 100% match deposit of up to 5 BTC/BHC/ETH/PAXG, depending on the cryptocurrency in use.

MBit Casino is an online gambling venue that went live in 2014. It's a strictly crypto-only casino that supports [BTC](/coins/btc), BCH, ETH, DOGE, USDT, and LTC. So far, crypto gamers can enjoy over 900 bitcoin games, spread in multiple game categories.

## Keeping Up With Demand

Keeping up with new technology and consumer demands, cryptocurrencies offer a variety of benefits to players and operators.

It’s a lot cheaper for gaming operators to process cryptocurrency payments compared to processing payments made with fiat currencies, resulting in operators offering better bonuses and promotions on crypto gaming platforms which leads to player acquisition and retention.

Another important aspect of cryptocurrency is transparency. Eliminating fraud and ensuring fairness is a top priority for gaming operators. A safe and secure gaming platform is a very attractive component for players looking to join online casinos- and trust them.

Also, players using certain cryptocurrencies can benefit from a high level of anonymity. Cryptos such as Monero are highly preferred due to their private and anonymous nature. According to TKEY, “Crypto players using XMR \[Monero\] can be sure that no third party will get access to their personal data and know about their gains and losses.”

## Personal Data Issues

Recently the protection of personal data has become an extremely important part of many industries. So when gaming operators include cryptos such as Monero, it helps build trust between the player and operator—resulting in more business.

The crypto-gaming space still faces many hurdles such as transaction speeds, regulations, and value fluctuation. These obstacles will take time to tackle as crypto and blockchain are a new and evolving technology.

Many payment processing companies have started adding pay-in and payout support for cryptocurrencies—indicating a growing interest in digital currency in the retail, travel, and software space. Will cryptocurrencies stay pertinent for the online gaming industry?

Only time will tell. Please place your bets.

Place Your Crypto Bets!

So you’re into all things Crypto and you no doubt know about DeFi, but have you heard about GameFi?

Don’t feel left out if you don’t know what I’m talking about, this is all fairly new even to longtime HODL’ers.

Crypto games are video games that run on a cryptocurrency network and include a completely or partially distributed ledger architecture, providing players verifiable ownership over the virtual products contained in the games.

But where do the roots of this movement come from?

2003 is considered the year that in-app purchases entered online games in a really big way, from obscure role-playing games about medieval knights to virtual world Second Life, and even corporate-backed entries like Disney’s ToonTown Online.

Eventually, there had to be a huge moving force that would change the world forever- three letters that kickstart this story and lay the foundation for what we will likely be experiencing now and in the future in regards to virtual currency: WoW.

Released in 2004, World of Warcraft is arguably the most successful, massively multiplayer online role-playing game of all time, at its peak, it had upwards of ten million users in the game. The in-game currency of WoW, simply titled “Gold,” can be used for anything imaginable, from items to services with increasingly esoteric means, like food that makes your character spit fireballs.

A Side-effect of this? The line between digital and real currency begin to blur.

By the late 2000s, that line between virtual currency and fiat was one that individuals and enterprises alike were bouncing back and forth over for profit. Value could be digital. Value could be anything. And this was no longer just limited to nerdy kids. Farmville, popular with kids and parents alike, posted revenues of $235 million in the first quarter in 2010, most of which was from in-game purchases for digital goods.

Fast forward to 2021 and almost all mobile and console games including Roblox, Minecraft, and Fortnite have in-app purchases. Welcome to the age of GameFi.

This is no doubt moulding the youth into a generation that feels incredibly comfortable with digital currency transactions.

Axie Infinity is among the biggest—and most polarizing—of these new games, which allow players to accumulate tradeable crypto coins. To investors like billionaire Mark Cuban and Reddit co-founder Alexis Ohanian, who were part of a $7.5 million funding round for Vietnamese game-maker Sky Mavis in May, it’s a gateway to crypto for people playing around the world.

Those players are banking on the success of Bitcoin and others in hopes of turning them into high-value tokens.

Other projects that include some of the most popular coins in the GameFi space: Uniswap, Chainlink, Dai, ZRX, Maker, Aave, and PancakeSwap.

This, along with the recent NFT craze will absolutely contribute to massive growth in cryptocurrency adoption.

Game on.

Crypto & Gaming: What is GameFi?

#GAMING

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