WHY YOU SHOULD PLAY OR INVEST IN CRYPTO GAMES IN 2021
Do you like and play games?
Even if your answer is no, you will not want to miss what I am about to mention in this article.
Lets go with question number 2.
Do you know anyone that likes games?
There is a pretty good chance that you do and even if you don’t personally, you probably know that the gaming industry is pretty huge and there is literally milions of people around the world that like to play games.
What does all of this has to do with the name of the article?
When you start thinking in a certain way (crypto gaming for example) in the early stages of something, you are considered a weirdo, a lunatic…but when many people start realizing the same concept/idea…
…are we all weirdos then or is it a change, a shift in mentality or better a wider adoption starting to happen?
This question is for you “the reader”…
…so, what is your answer?
To give you an answer to ponder upon, think about crypto itself…
…was it adopted immediatly when the technology was invented and introduced to the broader public?
You probably know the answer to that one…
So what I am trying to say is that now is the time for crypto games.
Here is also an article posted on news.bitcoin.com about a big games company SQUARE ENIX entering the crypto market!
Use the table of contents to navigate to specific sections:
Facebook and Meta-verse
You may also have heard about facebook’s change of name into “META” which is short for Metaverse.
Some of these crypto projects I am about to mention are also based on this Metaverse concept extending people into playing, living, earning money in these virtual realities giving opportunities to where there is less of it.
The fact that Facebook started going in this direction and other big companies will likely follow too as SQUARE ENIX mentioned above, will likely boost the whole crypto gaming industry and make it become the next big thing in the crypto scene.
We are still far from a full adoption, but things are happening and like with Bitcoin, being early has its advantages.
Would you like to be a crypto milionaire?
Currently as of 9.11.2021 we are still in a bull run and if Bitcoin reaches new all time highes, other crypto tokens will likely follow as bitcoin’s price appreciation triggers a positive sentiment in the crypto investment scene.
What usually happens after a bitcoin bull run, is that people take profits (the BTC marketcap is still so big over 1 trilion that the profit taking usually doesn’t affect the price of bitcoin itself too much) and after taking profits they invest in alt coin projects.
Those are generally crypto projects that either have some very positive news being spread, a new partnership with irl companies or with other already affirmed crypto projects, a new product or feature launched or a globally big comunity around it with alot of positive things happening for the particular token or it’s segment in general.
What I want to mention in this regard is a relatively new player on the block and that is crypto games.
Yes, games have been since their inception a thing that brings people together and eases adoptance of whatever they are associated with…and also…
…well, they are fun 🙂
So what about this?
Well if you follow the crypto world a bit or maybe just if you are into games, you probably heard of Axie Infinity.
That is a crypto based play to earn game that has seen massive adoption lately, as well as price appritiation.
And if I am going to be honest, it’s not even a spectacular game in the face of game play, graphics or anything else if you compare it to the mainstream games people play or played in the past decade or 2.
What makes the game different and triggers the interest in people is its play to earn opportunity where by playing it you can earn the currency AXS as well as NFTS which are in game items you can use or sell for a fair price to the right people on the game market.
How did this happen?
Well, the idea wasn’t as big at its launch and honestly also still has room to grow…but the main thing here is that the comunity slowly grew and started raising awarness of the game.
The team behind the Axie Infinity game Sky mavis also started offering different rewards and creating competitive play in the way of tournaments, which brought more people to the game which honestly is an incrdibly easy to learn game and start playing for rewards.
Axie Infinity is just a pioneer which was used as a role model for other crypto gaming startups and slowly the gaming crypto industry was born.
As stated, that didn’t happen over night and even Axie infinity wasn’t the first game to enter the scene to be honest…
…it was just the first one that people accepted with it’s easy to learn and the rewards it gives back to those playing it so with that slowly the adoption for crypto gaming started.
There is also this thing about Steam banning all the crypto NFT games from it’s platform which in my opinion will only give the crypto gaming comunity a reason to promote it even more.
So now what…why am I telling you this?
It’s because if you are looking to make good money investing into crypto, don’t go for the big players like BTC, Ether, Cardano, Solana, Binance, Polkadot.
Well if you are looking to get some smaller certain gains, those actually are a great pick.
Along with the likes of Avalanche, Terra, Chainlink, Polygon and some others.
Reason is that they already have a high or highish marketcap, which translates into -> how much money is already invested into those coins.
Crypto games - The game changer
In order to make great gains, you need to invest into coins with a lower total market cap and if those are some interesting crypto gaming projects, you are likely setting yourself for success.
Having said that, here is a list of coins I suggest, believe and invest myself into aswell (I will put their approximate market caps and prices as of time of writting in case you are reading this article after they appriciate in price already) :
- Axie Infinity (AXS)
- Decentraland (MANA)
- Sandbox (SAND)
- Illuvium (ILV)
- Enjin coin (although not a game, has a connection with many gaming platforms and crypto games)
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Now these are some projects that already have some recognition and is a matter of time for them to reach 10 or 20 bilion marketcaps, which could happen in this or the next bull run.
For a token like Axie Infinity getting to a 20B marketcap would mean an approximately 2 x from the current marketcap of 9B + there is also the fact that you can stake that coin for massive gains.
Contrary for a project like Sandbox which stands at 2B-ish marketcap, reaching a 20B marketcap would make it a 10X gain!!
And these 2 are just 2 of the more valued crypto games at the moment.
If you want to explore some with higher gain potential, here are some titles/crypto coin names that you should check out:
- Alienworlds (TLM)
- Verasity (VRA)
- MyNeighborAlice (Alice)
- Yield Guild games (YGG)
- Mobox (MBOX)
- MetaWars (WARS)
- Gala Games (GALA)
- Ufogaming (UFO)
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Along with these titles, there are likely some even more interesting ones and more will come for sure.
With this article, I just wanted to raise the awarness of the crypto gaming industry whether to invest into them or to look into them as a play to earn option for when they become available.
In either case, the big money is likely here and even if it happens only in the next bull run and not in this one, this is a pretty sure bet if you are more of a conservative person in regard of what you do with your money.
With the smaller capped tokens the upside is higher but also the risk and wait time, but the options are at the hand.
I propose Binance as I use it mostly myself and it offers the best customer protection as well as the best options to earn extra money by staking your invested in coins.
Just as an example, along with the formentioned Axie infinity, Sandbox (SAND) also offers a staking yearly return rate that ranges from 12.36% – 19.59% and more will likely be added within time.
It's not just me who thinks so!
There is also this guy on you tube with a big twitter followership that agrees with me on crypto gaming and metaverse being the next big thing and possibly decoupled from the main players like Bitcoin, Ether or a few other non metaverse big name coins.
He is likely not the only one, but just someone I came across while researching and verifying if I was the only one seeing it this way.
To conclude this short article on crypto games lets see what we learned:
1. Crypto technology wasn’t adopted immediatly.
2. Crypto gaming is getting adopted slowly.
3. Facebook now “Meta” is also venturing into the metaverse world pushing the crypto games agenda.
4. Other big players like SQUARE ENIX are also exploring the crypto and metaverse ideology.
5. I am not the only one who sees crypto games being the next evolutionary rational step in crypto.
6. We are still pretty early and there are plenty of crypto games with huge upside potential within the next few years.
7. Investing in the right ones could make you a crypto milionaire even without abismally big investments.
There are likely a few other ones I missed, but you can remind me in the comments below about it if anything comes to mind.
Do not believe everything you read here, this is just an opionion of a guy on the internet and should be taken with caution, so do your due diligence first.
Check the resources I linked and look for more by yourself if this is something that interests you.
The more you dig, the more you can be sure if this is a good opinion or a bad one and make a good decision for yourself and your own good.
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