8 Best Crypto Gaming Coins to Invest in 2024
Blockchain gaming is one of the fastest-growing and most thrilling sectors. These games have opened the floodgates for game-based passive income in cryptocurrencies. Popular crypto gaming coins are being closely watched by investors and gamers alike.
In this blog post, we will discuss and outline the best crypto gaming coins you should watch in 2024.
1. Axie Infinity (AXS)
Axie Infinity is a top game in the crypto gaming industry. Produced by Sky Mavis it has grown into a true decentralized gaming ecosystem in massive proportions. Players need to collect and breed creatures called “Axies,” which they battle on its platform.
The Axies, which are non-fungible tokens may be bought, sold, and traded for AXS, the native coin of Axie Infinity. The holders of this token are offered voting rights over significant decisions such as governance.
Players can also stake the tokens to secure rewards and other activities, such as breeding and playing games. With a massive user base coupled with its wide recognition, Axie Infinity will be at the top of crypto gaming trends in the upcoming alt season.
Why Does AXS Look Promising?
- The game has a massive player base and a strong economy.
- Frequent updates from the builders help develop good gameplay and support the ecosystem.
- Good community and governance through AXS staking.
2. The Sandbox (SAND)
Sandbox is another virtual world behemoth in the world of blockchain gaming. It allows users to create, own, as well as monetize their gaming experiences within a decentralized, virtual metaverse. Sandbox is more or less like a blockchain-based Minecraft except users have actual ownership of their in-game assets and can earn real money.
SAND is the native token in all transactions that happen in the Sandbox ecosystem. It allows users to buy land, avatars, and other digital items. Beyond just gaming, The Sandbox claims to be a virtual real estate hub with brands Atari and Snoop Dogg buying plots in its metaverse. As virtual worlds gain fame, The Sandbox can effectively leap over into this trend.
Why Does SAND Look Promising?
- Scaling Metaverse with Influencer Partners
- Ownership of NFTs and Virtual Real Estate.
3. Decentraland (MANA)
Decentraland is similar to the above platform Sandbox, except it has more comprehensive and immersive experiences.
MANA is the native cryptocurrency of the platform. It is used to buy land and other assets.
Decentraland has grown highly with more and more brands entering the space to deliver unique experiences. Its events, including virtual fashion shows and sponsored corporate gatherings, are still on peoples’ radars, making it one of the most notable gaming and metaverse platforms in the crypto space.
Why Does MANA Look Promising?
- Highly focused on virtual real estate.
- Growing partners with mainstream brands.
- Decentralized community events, plus immersion.
4. Gala Games (GALA)
Gala Games has been creating the future of blockchain gaming with a touch of fun-driven and rewarding games. Instead of focusing on one game or metaverse, the company will be releasing a few games across different genres, with different gameplay and play-to-earn mechanics.
The GALA token is the native token in the Gala Games ecosystem and is used to buy in-game items and NFTs.
Why Does GALA Look Promising?
- Several games with varied playstyles are in use and also in future development.
- Player-owned assets and decentralized governance. Stops the platform from manipulation.
- Strong and high-grade support with a partnership with blockchain gaming developers.
5. Enjin Coin (ENJ)
Enjin is a full-suite gaming platform that enables developers to create, integrate, and administer blockchain asset classes (NFTs). It has all the tools needed by game developers for minting and managing in-game assets with equivalent value in the real world. The project has partnered with companies like Microsoft bringing it out as a top competitor in the NFT-based blockchain gaming space.
ENJ is the native token of Enjin and supports the value of all the in-game items that are made on the platform. In essence, every digital asset that exists on Enjin comes with real-world value behind it.
Why is ENJ Promising?
- It is backed by NFTs and real-world value.
- Set partnerships with huge tech companies.
- High usability in multiple games and use cases.
6. Immutable X (IMX)
Immutable X is an ETH Layer-2 scaling solution that focuses on NFTs and gaming. Its USP lies in the fact that it is a high-performance platform for both gamers and developers alike because it provides capabilities of minting, trading, and transferring NFTs without the expensive transaction costs like Ethereum.
This token is used to incentivize users within the Immutable X Ecosystem. Players earn IMX tokens by trading NFTs or participating in games that connect with this platform. Among its most popular projects is Gods Unchained, a very popular blockchain card game that uses Immutable X for seamless NFT integration.
Why IMX is Promising?
- Zero gas fees on NFT trading.
- Thick focus on scalability and user experience.
- Partnerships with major blockchain games, including Gods Unchained.
7. Illuvium (ILV)
Illuvium is an open-world, RPG game in which you collect creatures known as Illuvials. They can be wild-captured and then trained to fight in various arenas. With the massive hype of the high-definition AAA graphics put into it, and its blockchain presence, Illuvium has seen much hype in the gaming and crypto community.
The ILV token is a game currency that allows people to purchase assets, stake tokens, and participate in governance within the game. The full version of this game will come in 2024, and this one will take pole position as one of the most talked about blockchain games. This may lead to ILV experiencing potentially gigantic growth.
Why is ILV promising?
- High graphics quality.
- Thousands of AAA gaming experience.
- Brutal gameplay is dedicated to breeding creatures and fighting.
8. Ultra (UOS)
Ultra is a gaming ecosystem promising to enhance both player experience and developer experience, by offering one-stop buying and playing of games, with earning opportunities. In fact, it’s a decentralized marketplace in the style of Steam but with the power of blockchain technology.
The UOS token can be used to acquire games, digital goods, and other in-game items from the Ultra platform. With the growing interest among the people in blockchain, Ultra is one of the promising areas that can give all the services that gamers as well as developers would require in one place.
Why is UOS Promising?
- A fantastic platform for the launch and distribution of games.
- It focuses on decentralization, along with giving monetary rewards to players.
- Multiple partnerships with game developers and publishers.
Conclusion
With the advancement in blockchain technology, the gaming sector itself has become one of the best use cases for crypto and NFTs.
The gaming coins in this blog article have already taken the lead in building ecosystems around earning, trading, and owning digital assets while having fun gaming experiences.
The crypto gaming space is expected to grow because of the Alt season as well as low Ethereum ecosystem fees. In such an environment where P2E, Metaverse games, and other projects grow once again, these coins are destined to be at the forefront of that growth.
These coins will show you a golden opportunity if you are looking for a new game or want to invest in this sector, keeping an eye on these gaming coins may present some timely opportunities to benefit from blockchain gaming.